The duo was arrested Sunday from a Mahabaleshwar-based quarantine facility, nearly 50 days after they were booked in the case also involving Yes Bank CEO Rana Kapoor.
The Enforcement Directorate official said that Anil Ambani's group companies have taken loans of about Rs 12,800 crore from the crisis-ridden bank that turned NPA.
ED suspects Yes Bank co-founder Rana Kapoor also bought 11 properties in Mumbai, London and NY with kickbacks. Lawyer rubbishes claim as ‘totally false’.
During a court hearing, the investigating agency said that Kapoor had sanctioned loans worth Rs 30,000 crore to different entities during his tenure in the private bank.
Bank’s lending growth was substantially over the average credit growth of the banking industry, with experts saying the board should have been more proactive in flagging it.
Conservative activist Charlie Kirk, gunned down this week, was no ordinary influencer. He helped bring the Trump administration to power. His death has deepened America’s Left-Right divide.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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