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Dewan Housing Finance

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CBI seizes AgustaWestland helicopter from builder in DHFL scam

The Central Bureau of Investigation seized an AgustaWestland helicopter from the premises of builder Avinash Bhosale in Pune on Saturday in connection with the Rs 34,615-crore DHFL scam case,......

Cong, BJP trade barbs over Rana Kapoor's allegation

The Congress and the Bharatiya Janata Party engaged in a war of words on Sunday over Yes Bank co-founder Rana Kapoor's allegation that he was 'forced' to buy an M F Husain painting from party......

Forced to buy MF Husain from Priyanka, Rana Kapoor tells ED

Yes Bank co-founder Rana Kapoor has told the Enforcement Directorate that he was 'forced' to buy an MF Husain painting from Congress' Priyanka Gandhi Vadra and the sale proceeds were utilised by......

ED attaches Rs 203-cr Dubai assets of Iqbal Mirchi's family

The Enforcement Directorate on Tuesday said it has attached Dubai-based assets worth over Rs 203 crore of late gangster Iqbal Mirchi's family in connection with a money laundering case.   The......

All Eyes On M&M-RBL Bank Saga

Why did the company zero in on RBL Bank to understand the business of banking? While M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R......

Reliance Cap lenders vote in favour of Hinduja Group firm

Lenders of debt-ridden Reliance Capital have voted in favour of a resolution plan submitted by Hinduja Group firm IndusInd International Holdings Ltd (IIHL) which made the highest cash offer of Rs......

Who Will Admit To Committing Fraud?

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money.Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.......

Reliance Cap: Hinduja Group firm emerges highest bidder with Rs 9,650 cr offer

A Hinduja Group firm on Wednesday emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said. Photograph:......

Why Bank Frauds Continue

The average time lag between the date of occurrence of a fraud and its detection is 23 months; for large frauds (Rs 100 crore and above), it was 57 months. Illustration: Dominic Xavier/Rediff.com......

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