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Saturday, April 11, 2026
TopicReligare

Topic: Religare

ED takes lesson from Datar & Venugopal episodes, director’s nod now must to summon advocates

Circular issued by probe agency further said that, where needed, summons will be issued under exceptions carved out under Indian Evidence Act & only after ED director’s approval.

ED’s now-withdrawn summons to Arvind Datar: The case, controversy & SC advocates body letter

This is linked to the agency’s probe into allegedly ‘illegal gains’ made by a former Religare chairperson. The firm had approached senior advocate Arvind Datar for a legal opinion.

Religare executives booked for ‘motivated’ FIR against Burmans of Dabur fame after acquisition row

Based on an ED complaint, Maharashtra Police have charged Religare executive chairperson Rashmi Saluja & three others with cheating and criminal conspiracy charges.

Accused can’t be kept in custody on agency’s hunch they will prejudice trial, Delhi HC says

The court made the observation while granting bail to former Fortis Healthcare promoter Shivinder Mohan Singh. The ED had argued against granting bail to Singh.

ICICI Pru Life, Aegon Life insurance keep the faith in Indian stocks amid market mayhem

The 2 life insurance firms are keeping money in stocks despite selling by foreign funds due to the coronavirus-led wave of risk aversion.

Gurinder Singh Dhillon — the music & film-loving Radha Soami head at heart of Fortis crisis

Gurinder Singh Dhillon leads the Radha Soami Satsang Beas, which boasts of a 20-million-strong following across 90 nations.

Cases that took Malvinder, Shivinder Singh from Forbes billionaires’ list to police custody

The Singh brothers are accused of multiple cases of siphoning money using a complex web of companies, including Ranbaxy, Religare & Fortis.

Fortis, Religare empires unravel as Shivinder Singh sues brother Malvinder

Shivinder has accused his brother of 'systematic undermining of the interests of the companies and their shareholders'.

On Camera

Congress was committed to alcohol ban law without being practical: MA Venkata Rao

Since the bulk of citizens did not regard drinking as a crime, they had no respect for the prohibition laws and did not cooperate with the police, wrote MV Venkata Rao in 1962.

India bond yields rise as RBI moves to drain liquidity, lift overnight rates

New Delhi: India’s sovereign bond yields rose after the central bank announced its first step this year to drain cash from the banking system,...

Army promotes Col Purohit, acquitted in 2008 Malegaon blast case, to Brigadier; to not retire yet

This means he will serve Indian Army for a minimum of another 2 years as Brigadier, unless he picks up the next rank of Major General.

The world’s in a flux. India must reform, consolidate & build a strong economy

We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.