New Delhi, March 23 – In a new affidavit filed before the Supreme Court, industrialist Anil D. Ambani has proposed the formation of a lenders' committee to determine the actual outstanding debts owed by Reliance Communications (RCOM) and its group entities, along with a detailed plan for...
Mumbai, March 23 Benchmark indices Sensex and Nifty plunged sharply in early trading on Monday as the Middle East conflict entered its fourth week, driving up crude oil prices.A significant bearish trend in global equity markets and relentless foreign fund outflows also made investors nervous...
New Delhi, March 22 – The Press Information Bureau (PIB) has flagged a fake message circulating on social media that claims State Bank of India’s (SBI) YONO app accounts will be blocked if users do not update their Aadhaar details immediately.The purported message instructs recipients to...
New Delhi, March 22 The combined market valuation of five of the top 10 most-valued companies declined by Rs 1 lakh crore last week, with HDFC Bank experiencing the biggest drop.Last week, the BSE benchmark Sensex fell by 30.96 points, or 0.04 percent, and the NSE Nifty slipped by 36.6 points...
New Delhi, March 21 The CBI on Saturday questioned two former group managing directors of Reliance ADA Group in connection with an alleged bank fraud of Rs 2,929.05 crore involving Reliance Communications Ltd and Anil Ambani, officials said.In a separate case, the agency questioned Sanjay...
New Delhi, March 20 The CBI questioned industrialist Anil Ambani for over six hours on Friday in connection with a Rs 2,929-crore fraud case, registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said.On the second consecutive day, Ambani...
New Delhi, March 20 The CBI questioned industrialist Anil Ambani for the second consecutive day in connection with a ₹2,929-crore fraud case, registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said.Ambani arrived at the agency...
anil ambani
central bureau of investigation
corporate investigation
criminal conspiracy
cuffe parade
delhi
financial crime
fraud investigation
india
legal proceedings
loan fraud
national company law tribunal
reliance communications
sea wind
statebankofindia
Mumbai, March 20 The benchmark indices, Sensex and Nifty, rebounded in early trading on Friday after experiencing a significant decline in the previous session, driven by a slight decrease in crude oil prices.The 30-share BSE Sensex rose by 976.77 points to 75,184.01 in early trading. The...
New Delhi, March 19 SBI Mutual Fund, the country's largest fund house, filed preliminary papers with the capital markets regulator, Sebi, on Thursday, seeking to raise funds through an initial public offering (IPO).The proposed maiden public offering is entirely a sale of up to 20.37 crore...
amundi
asset management companies
axis capital
bofa securities india
equity shares
hsbc securities and capital markets
icici securities
initial public offering (ipo)
jefferies india
jm financial
kotak mahindra capital
motilal oswal investment advisors
sbi capital markets
sbi mutual fund
securities
statebankofindia
New Delhi, March 19 SBI Funds Management filed preliminary papers with the capital markets regulator, Sebi, on Thursday, seeking to raise funds through an initial public offering (IPO).According to the draft red herring prospectus (DRHP), the company's maiden public offering is entirely an...
amundi india holding
axis capital
bofa securities india
capital markets
equity shares
hsbc securities and capital markets
icici securities
initial public offering
ipo
jefferies india
jm financial
kotak mahindra capital
offer for sale
sbi funds management
sebi
statebankofindia
New Delhi, March 19 – The ED has attached two immovable properties worth ₹97.92 lakh in Jharkhand and Bihar, belonging to a former Branch Manager of the State Bank of India (SBI), in connection with a ₹5.4 crore fraud involving inactive accounts of deceased pensioners, an official said.The...
New Delhi, March 19 The CBI questioned industrialist Anil Ambani for nearly eight hours on Thursday in connection with a Rs 2,929-crore fraud case, registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said.The industrialist, who is facing...
anil ambani
bank fraud
cbi (central bureau of investigation)
corporate finance
criminal conspiracy
delhi
financial investigation
fraud
fraud investigation
investigation
legal case
loan diversion
mumbai
national company law tribunal
reliance communications ltd
statebankofindia
Bhubaneswar, March 19 – The Odisha Vigilance arrested the main accused and his wife on Thursday in a case involving the embezzlement of ₹5.56 crore from government funds."The main accused in the ₹5.56 crore misappropriation case, Pradip Kr Mohanty, a retired headmaster who was re-employed at...
New Delhi, March 19 The CBI questioned industrialist Anil Ambani on Thursday in connection with the alleged ₹2,929 crore fraud case registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said.Ambani arrived at the agency headquarters this...
anil ambani
cbi
central bureau of investigation
criminal conspiracy
financial investigation
fraud investigation
loan diversion
national company law tribunal
nclt
reliance communications
statebankofindia
supreme court
New Delhi, March 19 The CBI questioned industrialist Anil Ambani on Thursday in connection with the case registered against Reliance Communications Ltd. based on a complaint by the State Bank of India, officials said.Ambani arrived at the agency headquarters this morning for questioning in the...
Bhubaneswar, March 18 – The Odisha Vigilance on Wednesday arrested an official of a private bank for his alleged involvement in misappropriating over Rs 5.56 crore of government funds in connivance with his father, a retired teacher.According to Vigilance sources, the accused bank official...
bankofficial
bhadrak
corruption investigation
financial crime
financial fraud
government funds
human resources management system
jajpur district
korei
money laundering
odisha vigilance
pension fraud
prevention of corruption act
retired teachers
statebankofindia
New Delhi, March 18 A consortium of secured lenders, including banks from Sterling Biotech Ltd, owned by the Sandesara brothers, has approached the Supreme Court seeking disbursement of their claim amounts of Rs 5,100 crore deposited in the apex court registry. They highlighted that the total...
New Delhi, March 18 State Bank of India (SBI) on Tuesday said it has raised ₹6,051 crore through its second Basel III-compliant Tier II bond issuance at a coupon rate of 7.05 per cent.The funds raised will be used for the bank's business growth.The bonds are issued for a period of 10 years...
New Delhi, March 17 State Bank of India (SBI) announced on Tuesday that it has raised ₹6,051 crore through its second Basel III-compliant Tier 2 bond issuance at a coupon rate of 7.05 per cent.The funds raised will be used for the bank's business growth.The bonds have a tenor of 10 years...
Mumbai, March 17 The benchmark equity indices, Sensex and Nifty, rebounded after a fall in early trading on Tuesday, mirroring a positive trend in global markets.The 30-share BSE Sensex declined by 144.34 points to 75,358.51 in the initial trading session. The 50-share NSE Nifty dipped by...