E-PaperReligare Finvest News
‘Religare to complete RFL debt recast by Dec’
Religare Enterprises chairperson Rashmi Saluja says Religare Finvest Ltd is likely to complete its debt restructuring by Dec and start new business from next fiscal
1 min read5 Oct 2020Religare Finvest case: Delhi HC reserves order on Shivinder Singh’s bail plea
The probe agency has opposed the Shivinder Singh' bail plea on the grounds related to tampering of evidence, flight risk and influence of witnesses
1 min read16 Jul 2020Religare Finvest calls Karnataka Bank's 'fraud' tag arbitrary
Religare Finvest said in its statement on Sunday that the company is itself a victim of fraudThe company added that it will pursue all available remedies against the 'unilateral action' of reporting fraud in RFL’s account
2 min read7 Jun 2020Religare Finvest case: ED files charge sheet against Shivinder, Malvinder Singh
ED also named former CMD of Religare Enterprises Ltd Sunil Godhwani as an accused The court took cognisance of the charge sheet and issued production warrant against them for 20 Jan
1 min read10 Jan 2020Religare Finvest's lenders might just have agreed to take a 49% haircut
Banks to restructure ₹5,800-cr debt of Religare Finvest; restructuring may be implemented as early as the end of JanuaryNew owner of lender needs to infuse equity for restructuring
1 min read7 Jan 2020Malvinder Singh arrested in another case of funds misappropriation
Singh is already in judicial custody in another caseA Delhi court had on Monday extended the judicial custody of Malvinder Singh and a co-accused by two weeks in a money laundering case related to alleged misappropriation of funds at Religare Finvest
1 min read26 Dec 2019RFL fund scam: Delhi HC notice to Malvinder, Godhwani on ED’s plea
HC seeks reply of Malvinder Singh on ED's plea challenging order refusing further police custody in money laundering case The court listed the matter for further hearing on Tuesday
1 min read25 Nov 2019Daiichi Sankyo opposes Singh brothers settlement talks with Religare
The settlement talks between the Singh brothers and RFL remained inconclusive as no proposal was given by former Rambaxy promotersThe Daiichi Sankyo case has been going on since a Singapore tribunal in April 2016 passed an arbitral award in Daiichi Sankyo’s favour
1 min read24 Oct 2019Ex-Fortis promoters Malvinder, Shivinder seek interim bail, offer settlement
If proposal is suitable, we will not oppose the bail, said the counsel for Religare FinvestThe court on Thursday had sent Singh brothers and other accused -- Sunil Godhwani, Kavi Arora and Anil Saxena -- to judicial custody till 31 Oct
2 min read18 Oct 2019RFL case: HC reserves order on issuing notice on Malvinder's plea to quash FIR
The writ petition challenges the jurisdiction of the Economic Offences Wing, Delhi Police to register the FIRSingh, in his plea has contended that only the SFIO, which comes under Ministry of Corporate Affairs, could have investigated the allegations of fraud and cheating against him
2 min read11 Oct 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared