News for 'rana-kapoor'

Gandhi family, its NGOs not above law: BJP on FCRA licence cancellation

Gandhi family, its NGOs not above law: BJP on FCRA licence cancellation

Rediff.com23 Oct 2022

BJP spokesperson Sambit Patra claimed that the home ministry's decision to cancel the FCRA licences of the Rajiv Gandhi Foundation and the Rajiv Gandhi Charitable Trust for alleged violation of laws has "exposed" their corruption.

Special judge in Sanjay Raut case had pulled up ED on many occasions

Special judge in Sanjay Raut case had pulled up ED on many occasions

Rediff.com10 Nov 2022

Special court judge M G Deshpande, who has granted bail to Shiv Sena MP Sanjay Raut, terming his arrest as "illegal, without reason and a witch-hunt", had pulled up the Enforcement Directorate (ED) on multiple occasions this year over its approach in dealing with money laundering cases.

Yes Bank fraud: Avantha Group promoter Gautam Thapar arrested

Yes Bank fraud: Avantha Group promoter Gautam Thapar arrested

Rediff.com4 Aug 2021

Thapar, 60, was arrested under the Prevention of Money Laundering Act (PMLA) on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai, they said. He is expected to be produced before a court on Wednesday where the ED will seek his custody, they added. The ED has been probing an alleged transaction between his company Avantha Realty, Yes Bank co-founder Rana Kapoor and his wife, who are already being investigated under the PMLA by the agency.

Two years on, is Yes Bank finally out of the woods?

Two years on, is Yes Bank finally out of the woods?

Rediff.com5 Apr 2022

Transiting from "survival mode", which took most of the management time in FY21, the bank has been able to take a long-term view in terms of growth and preparing technology in the past 12 months.

Businessmen Subhash Chandra, Naresh Goyal summoned in Yes Bank case

Businessmen Subhash Chandra, Naresh Goyal summoned in Yes Bank case

Rediff.com16 Mar 2020

These businessmen represent the top five firms that have taken loans from the crisis-hit Yes Bank and these debts were either in the red or were stressed, officials said.

Yes Bank fraud case: Wadhawan brothers get bail

Yes Bank fraud case: Wadhawan brothers get bail

Rediff.com20 Aug 2020

Justice Bharati Dangre granted them bail as the Enforcement Directorate failed to file its charge sheet in the case within the stipulated 60-day period.

YES Bank's Rana and Madhu Kapoor to name one director each

YES Bank's Rana and Madhu Kapoor to name one director each

Rediff.com30 Jan 2019

Sources close to the bank said non-executive and non-independent director Ajai kumar had been recommended for the interim CEO role.

Yes Bank fraud: ED arrests 2 former Cox and Kings executives

Yes Bank fraud: ED arrests 2 former Cox and Kings executives

Rediff.com6 Oct 2020

The Enforcement Directorate (ED) on Tuesday arrested the former CFO and internal auditor of the Cox and Kings Group in connection with its money laundering probe in the Yes Bank alleged loan default case. The agency said ex-chief financial officer Anil Khandelwal and internal auditor Naresh Jain were arrested under the provision of the Prevention of Money Laundering Act

ED lens on Rs 2-cr painting bought from Priyanka by Kapoor

ED lens on Rs 2-cr painting bought from Priyanka by Kapoor

Rediff.com9 Mar 2020

While the Congress party has said that the deal was transparent as payment of Rs 2 crore was received by Vadra from Kapoor through cheque and was reflected in income tax returns, the ED is probing if the painting was owned by her or the AICC.

HC dismisses bail plea of Gautam Thapar in money laundering case

HC dismisses bail plea of Gautam Thapar in money laundering case

Rediff.com2 Mar 2022

The Delhi high court on Wednesday dismissed a bail plea by Avantha Group promoter Gautam Thapar in a Rs 500-crore money laundering case lodged by the Enforcement Directorate (ED). Justice Manoj Kumar Ohri denied the relief to Thapar, who was arrested under the Prevention of Money Laundering Act (PMLA) on August 3, 2021, after the agency carried out raids against him and his linked businesses in Delhi and Mumbai. The detailed order of the high court is awaited.

Yes Bank crisis: BJP fires salvo at Priyanka Gandhi

Yes Bank crisis: BJP fires salvo at Priyanka Gandhi

Rediff.com9 Mar 2020

BJP spokesperson G V L Narasimhra Rao noted that Priyanka's husband Robert Vadra is accused of using "shady methods to make windfall profits from dubious real estate transactions" and said the report of her receiving Rs 2 crore from Kapoor for a painting which was not her own shows that the powerful couple have leveraged their political power to make "private gains".

Anil Ambani appears before ED in Yes Bank case

Anil Ambani appears before ED in Yes Bank case

Rediff.com19 Mar 2020

Reliance group chairman Anil Ambani on Thursday appeared before the Enforcement Directorate in Mumbai in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said. The agency is expected to record the statement of Ambani under the Prevention of Money Laundering Act. The 60-year-old businessman arrived at the ED office in Ballard Estate around 9.30 am.

It's Kapoor vs Kapur in YES Bank court battle

It's Kapoor vs Kapur in YES Bank court battle

Rediff.com8 Jun 2013

Rana Kapoor gets interim relief from Bombay HC but directors' appointment subject to final order.

Rajiv Kumar assumes charge as chief election commissioner

Rajiv Kumar assumes charge as chief election commissioner

Rediff.com15 May 2022

Kumar said the Commission will follow the time-tested methods of consultations and consensus building in bringing about any reforms and will not shy away from tough decisions, according to an Election Commission (EC) statement.

Govt nod for SBI-led group to take over Yes Bank?

Govt nod for SBI-led group to take over Yes Bank?

Rediff.com5 Mar 2020

The government has given a go-ahead to State Bank of India and other financial institutions to take over capital-starved Yes Bank, and an announcement is likely to be made soon, highly places sources said on Thursday. The board of SBI, the country's largest lender, is meeting in Mumbai on Thursday, but it could not be immediately ascertained whether the takeover of Yes Bank is on the agenda. Yes Bank, which is grappling with bad loans, is looking to raise fresh capital but the plans are facing uncertainties.

RBI tells Yes Bank to appoint new chief by Feb 1

RBI tells Yes Bank to appoint new chief by Feb 1

Rediff.com17 Oct 2018

The bank's board has already established a search and selection committee comprising three members from the existing nomination and remuneration committee along with two external experts to identify Kapoor's successor.

HC defers petition in Yes bank case to July 5

HC defers petition in Yes bank case to July 5

Rediff.com1 Jul 2013

Madhu Kapur is fighting the case against the bank as it refused to accept her daughter as a nominee director.

'The harder you work, the luckier you get'

'The harder you work, the luckier you get'

Rediff.com15 Mar 2010

Rana Kapoor, founder, managing director and chief executive officer of Yes Bank talks about his success mantras, lessons he has learnt in his career and gives tips to succeed to young entrepreneurs.

Yes Bank case: ED summons Anil Ambani

Yes Bank case: ED summons Anil Ambani

Rediff.com16 Mar 2020

Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPAs.

2018's top 20 commerce colleges

2018's top 20 commerce colleges

Rediff.com31 May 2018

India Today's annual list ranks the top 100 colleges in the country.

The financial world is a dangerous place

The financial world is a dangerous place

Rediff.com1 Apr 2020

Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.

Sensex rises 125 points; Yes Bank soars 13%

Sensex rises 125 points; Yes Bank soars 13%

Rediff.com11 Sep 2019

Tata Motors, Maruti, Tata Steel, Vedanta, Bajaj Auto, IndusInd Bank, SBI, Hero MotoCorp, M&M, Asian Paints, Axis Bank, RIL and L&T too jumped up to 10.21 per cent.

Omkar realty group's chairman, MD arrested in money-laundering case

Omkar realty group's chairman, MD arrested in money-laundering case

Rediff.com27 Jan 2021

The Enforcement Directorate has arrested the chairman and the managing director (MD) of Mumbai-based Omkar Realtors and Developers in connection with a money laundering case against them linked to the alleged loan fraud in Yes Bank, official sources said on Wednesday.

YES bank's new CEO has his plate full

YES bank's new CEO has his plate full

Rediff.com3 Mar 2019

For the near term, Gill will have to improve relations with the Reserve Bank of India, which have been strained in recent times. He will also need to strengthen the bank's asset quality and improve governance standards and internal processes.

YES Bank to start operations by January

YES Bank to start operations by January

Rediff.com3 Oct 2003

With a paid up capital of Rs 200 crore (Rs 2 billion), YES Bank is expected to start operations by January and is planning an initial public offering by April 2004 to shore up its capital base.

AMCs bat for investors with Yes Bank redemption a/cs

AMCs bat for investors with Yes Bank redemption a/cs

Rediff.com6 Mar 2020

Following the 30-day moratorium placed on Yes Bank, asset management companies have asked their clients, who have bank accounts with the troubled lender, to furnish details of alternate accounts for receiving redemption payouts. Redemption is the return of an investor's principal on a fixed income security such as a bond, mutual fund or preferred stock.

Prashant Kumar to be Yes Bank's new MD & CEO

Prashant Kumar to be Yes Bank's new MD & CEO

Rediff.com16 Mar 2020

The other board members will be Sunil Mehta, former non-executive chairman of Punjab National Bank, as the non executive chairman of Yes Bank, Mahesh Krishnamurthy and Atul Bheda as non-executive directors.

Madhu Kapur gets say on YES Bank board appointments

Madhu Kapur gets say on YES Bank board appointments

Rediff.com18 Jun 2015

Bombay High Court upholds rejection of Shagun Gogia as board member, terms two director appointments invalid.

CBI arrests DHFL promoters Kapil, Dheeraj Wadhawan in Yes Bank case

CBI arrests DHFL promoters Kapil, Dheeraj Wadhawan in Yes Bank case

Rediff.com26 Apr 2020

They were arrested with the 'cooperation of district authorities of Satara on the strength of Non-bailable Warrant of Arrest issued by the Court of Special Judge, CBI Cases, City Sessions Court, Mumbai', CBI spokesperson R K Gaur said in New Delhi.

The inside story of the YES Bank feud

The inside story of the YES Bank feud

Rediff.com17 Jun 2013

The fight between Madhu Kapur, widow of bank's co-founder Ashok Kapur, and current Managing Director and CEO Rana Kapoor is not about money.

More trouble brews for Zee's Subhash Chandra & family

More trouble brews for Zee's Subhash Chandra & family

Rediff.com21 Sep 2021

Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.

Ex-SBI chief's book is frank, but is it fearless?

Ex-SBI chief's book is frank, but is it fearless?

Rediff.com4 Dec 2021

Barring stray references such as the 'dual control' of banks and shifting the goalposts during demonetisation, he is not in a fault-finding mode with the government, notes Tamal Bandyopadhyay.

Budget: An opportunity to restore India's growth

Budget: An opportunity to restore India's growth

Rediff.com25 Feb 2013

The Budget should serve as a trigger to kick-start the investment cycle in the economy, says Rana Kapoor managing director and chief executive office of Yes Bank.

Move to settle YES Bank case out of court

Move to settle YES Bank case out of court

Rediff.com5 Aug 2013

According to people familiar with the development, a meeting between the families was held on Saturday to discuss whether the case could be settled outside court.

Yes Bank denies rumour of stake buy in JM Financial

Yes Bank denies rumour of stake buy in JM Financial

Rediff.com2 Jan 2013

CEO Rana Kapoor said no such discussion or proposition has ever transpired.

YES Bank terms Madhu Kapur's allegations as baseless

YES Bank terms Madhu Kapur's allegations as baseless

Rediff.com6 Jun 2014

Writes to shareholders highlighting its performance, governance practices.

'We must replicate the successes of Chinese banks'

'We must replicate the successes of Chinese banks'

Rediff.com30 Jun 2010

Rana Kapoor, Founder and Chief Executive Officer YES Bank, believes further opening up of India's banking sector to foreign players will be mutually beneficial.

Uproar in LS as Rahul raises issue of bad loans; Cong stages walkout

Uproar in LS as Rahul raises issue of bad loans; Cong stages walkout

Rediff.com16 Mar 2020

The protests came after Speaker Om Birla announced the end of Question Hour at noon as the designated time for it is 11 am to noon. While asking the first supplementary, Gandhi said he wanted to know the list of 50 top wilful defaulters, including funds given and the amount written off by banks but did not get a proper answer in the written reply.

Local HNIs, FIs keen to invest in Yes Bank

Local HNIs, FIs keen to invest in Yes Bank

Rediff.com12 Mar 2020

The bank may post a loss of Rs 1,000 crore during October-December 2019-20 quarter, an analyst commented.

Yes Bank: 'People will lose confidence in the system'

Yes Bank: 'People will lose confidence in the system'

Rediff.com11 Mar 2020

'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'