DHFL
Advertisement
DHFL 34,615 cr loan fraud case: Money laundered via 87 shell firms
The federal probe agency has also said in its charge sheet that the accused set up a virtual branch to launder money. The CBI had on October 15 filed the charge sheet against 75 accused, including private companies before the Rouse Avenue court in Delhi. It has been alleged that Kapil and Dheeraj Wadhawan laundered money and purchased 24 paintings worth Rs 63 crore.
India's TWS shipments double in Q3, boAt leads: Report
According to Counterpoint Research, boAt grew 128 per cent (year-over-year) to mark its nine successive quarters of lead, while Noise stood second for the fourth consecutive quarter, and OnePlus bounced back strongly in the top-five rankings with a 6 per cent share in Q3.
Noise sells 2 mn smartwatches in India in festive season, logs 200% growth
According to Counterpoint Research, India's smartwatch market grew 312 per cent (year-on-year) in Q2 2022. Noise captured the second spot with a 26 per cent share and registered 293 per cent (year-on-year) growth. The brand has ramped up its domestic production in the second quarter and contributed 3/4th of the locally manufactured smartwatches.
SC asks AIIMS to examine health of DHFL ex-CMD, seeks report within week
The ED arrested Kapil Wadhawan and his brother Dheeraj Wadhawan under the provisions of the Prevention of Money Laundering Act (PMLA), after registration of a CBI FIR. Rohatgi pressed that his client is entitled to go for treatment of his choice and requires constant medical attention which is not possible in jail.
DHFL scam: Delhi court dismisses bail plea of Wadhawans
The complainant alleged that a wrongful loss of Rs 34,615 crore was caused to the consortium as per the quantification of the outstanding dues as on July 31, 2020.Wadhawans, facing charges of multiple financial crimes being probed by the Enforcement Directorate and the CBI, was first arrested by CBI in the Yes Bank-DHFL fraud on April 26, 2020.
Unions seek 'forensic audit' of UTI-AMC's 'Rs 2,000-crore exposure' in DHFL scam
The AIUTI-AMCOA and AIBOA have shot off separate letters to various entities while a top leader has sought Central government's directions to the Central Bureau of Investigation (CBI), Enforcement Directorate (ED) and Income Tax (IT) Department to probe the matter thoroughly as it involved "huge public funds".
Piramal Group mulls to challenge NCLAT order on DHFL in SC
Piramal said in the case of one of the appeals, which was limited to the extent of challenging the distribution of proceeds (if any) from fraudulent transactions to its benefit, the NCLAT has ordered it to be re-considered by the Committee of Creditors (CoC).
SC asks NCLAT to hear 63 moons plea against DHFL sale within two months
63 moons, which holds non-convertible debentures (NCDs) worth over Rs 200 crore issued by DHFL, had challenged the NCLAT's judgment on the grounds that the current resolution plan was "disappointing" for NCD holders. 63 moons said the apex court has directed the NCLAT to hear its appeal against Piramal Group's resolution plan within a period of two months.
NCLAT says any further action on Piramal's DHFL Resolution Plan subject to 63 moons plea
Refusing to stay implementation on Piramal's Resolution Plan after 63 Moons opposed it, the NCLAT did not pass an interim order on the approved resolution plan. In a statement today, 63 moons technologies said it will decide its future course of action after receiving a copy of the order passed by the NCLAT.
Advertisement