Piramal group gets RBI nod for DHFL acquisition
Updated:
Updated:
February 18, 2021 16:09 IST
The resolution plan was approved by the CoC in its 18th meeting concluded on January 15, 2021
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The CoC had approved a resolution plan submitted by a Piramal Group company, Piramal Capital and Housing Finance Limited, last month. Photo: www.piramal.com
The resolution plan was approved by the CoC in its 18th meeting concluded on January 15, 2021 Piramal Group on February 18 said the Reserve Bank of India (RBI) is understood to have cleared the resolution plan for debt-ridden DHFL as approved by the Committee of Creditors (CoC).
Emails show Iqbal Mirchi was in contact with Pak officer to harm former IPS officer: ED Divyesh Singh
The Enforcement Directorate (ED) chargesheet in the Iqbal Mirchi case, submitted at the PMLA court on Monday, mentions emails where the underworld gangster discussed his plans to physically harm a former IPS officer from Mumbai.
The data was reportedly retrieved via emails provided by Iqbal Mirchi s second wife. The email (itsmemon@hotmail.com) reveals communication of Iqbal Mirchi with a Pakistani police officer who is suspected to have worked Pakistani Intelligence agency ISI.
Iqbal Mirchi had sought information regarding IPS officer Rahul Rai Sur, a 1981 batch IPS officer who was posted as DCP of Anti-Narcotics Cell of Mumbai Police between 1989 and 1992.
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The Reserve Bank of India (RBI), hiding behind its role as India’s monetary authority, has escaped all external scrutiny and accountability regarding its second role as regulator of banking and finance companies which is marked by repeated failures. Until a few years ago, these failures were largely hidden by force-merging failed institutions with public sector banks (PSBs). This trick is no longer possible with non-performing loans of banks soaring past Rs 10 lakh crore and the collapse of several ‘systemically important’ shadow banks exposing the high cost of failed supervision.
Maverick politician and economist Dr Subramanian Swamy has filed a public interest litigation (PIL) in the Supreme Court, seeking a probe by central bureau of investigation (CBI) into the ‘illegal acts of RBI officials’, leading to various scams. The petition lists 10 big scams and says, “not a single RBI official has been brought to justice despite RBI retaining the power to monitor,
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The central probe agency produced the duo before the special PMLA court, presided over by judge A A Nandgoankar, and sought their remand for interrogation.
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Mumbai: A special court here on Thursday remanded the chairman and the managing director (MD) of city- based Omkar Realtors and Developers to the ED custody till January 30 in connection with a money laundering case linked to the alleged loan fraud in
The chairman of the company, Kamal Kishore Gupta, and MD Babulal Varma were arrested hereon Wednesday by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA).
The central probe agency produced the duo before the special PMLA court, presided over by judge A A Nandgoankar, and sought their remand for interrogation.
A special court in Mumbai on Thursday sent the chairman and the managing director (MD) of Mumbai-based Omkar Realtors and Developers to the Enforcement Directorate custody till January 30, a day after they were arrested in a money laundering case. The accused Kamal Kishore Gupta (chairman) and Babulal Varma (managing director) were arrested for their involvement in the offence of money laundering and produced before the PMLA court, Mumbai, the central probe agency said in a statement. Special court judge A A Nandgoankar sent the duo to the ED custody till January 30, it said. The ED arrested the duo on Wednesday in a case of money laundering linked to alleged irregularities in the development of a housing society in Mumbai under a Slum Rehabilitation Authority (SRA) scheme.