Senior Edelweiss officials, accused of abetting the suicide of renowned art director Nitin Desai on Friday submitted to the Bombay high court that he had started delaying on his loan repayment......
ECL Finance Company MD and three officials were on Tuesday quizzed for nearly eight hours by the Raigad police in Maharashtra probing the alleged suicide of film art director Nitin Desai, an......
Raigad police in Maharashtra on Friday registered a criminal case against five persons including Edelweiss Group chairman Rashesh Shah for alleged abetment of art director Nitin Desai's suicide.......
A day after renowned art director Nitin Desai was found dead, Maharashtra Deputy Chief Minister Devendra Fadnavis on Thursday said the role a private lending firm, from which Desai had taken loan,......
Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). Illustration: Uttam Ghosh/Rediff.com It’s reason......
Whistleblower, Paras Kuhad, alleged that Edelweiss Group and Caisse de depot et placement du Québec, a Canadian institutional investor, which hold stakes in the ARC, diverted funds and did......
Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap’s 51 per cent stake......
The RBI rejection is a second blow to BoB - the lead bank of both companies -- after a Delhi high court order on August 18 stayed a move by BoB and the entire consortium of lenders to classify......
Lenders say settlements will cross over 100 accounts in the March quarter.Dev Chatterjee and Abhijit Lele report. Illustration: Uttam Ghosh/Rediff.com With rising litigation over insolvency cases,......
As Sound of Music turns 50 today, here's a look at its beloved Von Trapp family and what they're doing today. Julie Andrews swirling in a field of flowers against snow-clad Alps. Blue-eyed......