The assets belong to Maharashtra builders Avinash Bhosale and Sanjay Chhabria. Both have been arrested under Prevention of Money Laundering Act (PMLA).
SC had stayed UP Police's criminal proceedings against Yes Bank ex-CEO Kapoor & Videocon founder Dhoot last month. Chandra alleges Kapoor arm-twisted him into agreeing merger between Dish TV and Videocon in 2016.
Having been rescued by a group of lenders in March 2020, Yes Bank is looking to build on its highest quarterly profit since the end of 2018, helped by fee income and loan recoveries.
Kapil and Dheeraj Wadhawan, promoters of DHFL, sought default bail claiming that CBI had not complied with the procedural requirements under the CrPC while filing the chargesheet.
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.
Doubts over foreign bidders, including Canada’s Erwin Singh Braich and Hong Kong-based SPGP Holdings, have triggered concerns that RBI might not allow them to take ownership stakes.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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