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SC stays shifting of HDIL promoters from jail to home

The Supreme Court on Thursday partially stayed the Bombay high court order allowing the shifting of HDIL promoters Rakesh Wadhawan and Sarang Wadhawan, accused in the multi-crore Punjab &......

3 directors of PMC Bank arrested

The EOW suspects a nexus between some of the accused and HDIL, whose mammoth loan defaults are said to have caused a liquidity crisis at the bank, leading to appointment of administrator by RBI and......

HC asks RBI about steps taken to help PMC Bank depositors

The crisis at the bank is attributed to loans made to realty player Housing Development Infrastructure Ltd, which were allegedly hidden from regulators' scrutiny, turning non-performing assets.......

PMC: Withdrawal limit hiked to Rs 40,000

With this relaxation more than 77 per cent of the depositors will be able to withdraw their entire account balance. The Reserve Bank of India (RBI) has increased the withdrawal limit for......

PMC case: Wadhawan's UK, UAE properties to be attached

ED has come across two immovable assets - one flat in Dubai and one land parcel in London. It is examining the valuation of both properties, estimated between Rs 150 crore and Rs 200 crore.......
  Web results for Rakesh Wadhawan
HC asks jail authorities to provide HDIL promoter Rakesh Wadhawan with his medical...

The directive came on a petition filed by the HDIL promoter seeking a direction to the jail authorities to forthwith shift him either to Nanavati,... ...
Mumbai court strikes down Rakesh Wadhawan's bail plea in Rs 4,335-crore PMC Bank scam case

Housing Development and Infrastructure Ltd (HDIL) promoters Rakesh Wadhawan, his son Sarang and others are accused in the Rs 4,355-crore PMC Bank... ...
PMC Bank scam accused Rakesh Wadhawan tests positive for Covid-19

am accused Rakesh Wadhawan tests positive for Covid-19 mumbai Updated: Jul 13, 2020 00:06 IST Suraj Ojha and Vijay Kumar Yadav Rakesh Wadhawan, an... ...
Court Seeks Report On Health Condition Of Wadhawans In PMC Bank Case

The Bombay High Court has sought details from the Maharashtra government about the health condition of HDIL promoters Rakesh Wadhawan and Sarang... ...

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