Economic Offences-wing

Showing of 21 - 40 from 54 results
Economic Offences-wing - Total results - 54
PMC Bank scam: HDIL's Rakesh Wadhawan, son Sarang sent to police custody till 9 October
Business

PMC Bank scam: HDIL's Rakesh Wadhawan, son Sarang sent to police custody till 9 October

HDIL chairman and managing director Rakesh Wadhawan and his son Sarang were on Friday sent to police custody till October 9 in the Punjab Maharashtra Cooperative (PMC) Bank scam, an official said

PMC Bank crisis: After arrest of HDIL promoters, ED raids 6 Mumbai locations, slap money laundering charge
Business

PMC Bank crisis: After arrest of HDIL promoters, ED raids 6 Mumbai locations, slap money laundering charge

The ED on Friday raided six locations in Mumbai and adjoining areas and registered a money laundering case to probe alleged fraud in the Punjab and Maharashtra Cooperative (PMC) Bank case, officials said

PMC Bank crisis: Mumbai police arrest HDIL's Rakesh Wadhawan, son Sarang; realty firm's assets worth Rs 3,500 cr attached
Business

PMC Bank crisis: Mumbai police arrest HDIL's Rakesh Wadhawan, son Sarang; realty firm's assets worth Rs 3,500 cr attached

On 30 September, the Mumbai Police had filed a case against the former bank management and promoters of HDIL in the Punjab and Maharashtra Cooperative (PMC) Bank case.

RBI places Lakshmi Vilas Bank under prompt corrective action; directors probed for alleged fraud
Business

RBI places Lakshmi Vilas Bank under prompt corrective action; directors probed for alleged fraud

The Lakshmi Vilas Bank on Saturday received shareholders' approval to raise up to Rs 1,000 crore by issuance of securities

Lakshmi Vilas Bank directors under probe for alleged Rs 790-cr fraud; Religare Finvest accuses them of misappropriating funds
Business

Lakshmi Vilas Bank directors under probe for alleged Rs 790-cr fraud; Religare Finvest accuses them of misappropriating funds

Indian police have opened a probe into the directors of Lakshmi Vilas Bank after a customer accused them of misappropriating funds, the bank said late on Thursday

SC refuses to quash probe against Ajit Pawar, 70 others alleged in Maharashtra State Cooperative Bank scam
India

SC refuses to quash probe against Ajit Pawar, 70 others alleged in Maharashtra State Cooperative Bank scam

The SC refused to interfere with the Bombay HC's direction for the police to register an FIR against Ajit Pawar and 70 others in the Maharashtra Co-op bank scam, saying the investigation cannot be stopped.

Day after registering FIR against Ajit Pawar, others, Mumbai Police forms SIT to investigate Maharashtra co-operative bank scam
India

Day after registering FIR against Ajit Pawar, others, Mumbai Police forms SIT to investigate Maharashtra co-operative bank scam

Surinder Arora, an activist, had filed a complaint against Ajit Pawar and others with the EOW in 2015 in connection with the MSCB scam

Maharashtra Co-op Bank scam: FIR filed against NCP's Ajit Pawar, PWP's Jayant Patil and 70 former functionaries of MSCB
India

Maharashtra Co-op Bank scam: FIR filed against NCP's Ajit Pawar, PWP's Jayant Patil and 70 former functionaries of MSCB

Mumbai Police on Monday registered an FIR against senior NCP leader Ajit Pawar and 70 former functionaries in the MSCB scam case on alleged charges of cheating and forgery

Delhi Police arrests late liquor baron Ponty Chadha's son Monty from IGI airport for fraud, to be presented in court on Thursday
India

Delhi Police arrests late liquor baron Ponty Chadha's son Monty from IGI airport for fraud, to be presented in court on Thursday

Monty, who is the Director of Uppal-Chadha Hi-tech Developers Private Limited, was about to leave for Phuket when police took him into custody, sources said.

Malvinder Singh files criminal complaint against brother Shivinder Singh, spiritual leader for financial fraud, death threat
Business

Malvinder Singh files criminal complaint against brother Shivinder Singh, spiritual leader for financial fraud, death threat

The relationship between the Singh brothers, erstwhile promoters of Fortis Healthcare, went sour after allegations of fund diversion from the healthcare chain emerged.

CBI closes PMO case against misuse of Narendra Modi's name to dupe unsuspecting citizens with fraudulent schemes
India

CBI closes PMO case against misuse of Narendra Modi's name to dupe unsuspecting citizens with fraudulent schemes

The PMO had filed a complaint in the CBI after an advertisement was published in the Hindustan Times on 11 July, 2016, offering loans under the "Pradhan Mantri Jan Kalyan Yojna" without any file charge, guarantor, collateral or mark sheet to people across the spectrum.

Rs 143 crore siphoned from State Bank of Mauritius in third incident of cyber fraud in India; tech experts help police with probe
India

Rs 143 crore siphoned from State Bank of Mauritius in third incident of cyber fraud in India; tech experts help police with probe

The State Bank of Mauritius (SBM) lost Rs 143 crore to cyber fraud that was reported by the bank to Mumbai Police's Economic Offences Wing (EOW) on 2 October.

DS Kulkarni scam: EOW arrests Bank of Maharashtra CMD, other officials in Rs 3,000 cr fake loans case
Business

DS Kulkarni scam: EOW arrests Bank of Maharashtra CMD, other officials in Rs 3,000 cr fake loans case

Bank Of Maharashtra CMD Ravindra P Marathe arrested for allegedly misusing his powers to sanction hefty loans to shell companies

NSEL default case: Sebi grants Phillip Commodities four weeks to reply to show cause notice
Business

NSEL default case: Sebi grants Phillip Commodities four weeks to reply to show cause notice

Sebi on Wednesday granted four weeks to Phillip Commodities India to submit its reply to a show cause notice, issued by the markets regulator in a matter related to the default at now defunct National Spot Exchange (NSEL) in 2012

Mumbai Police arrests three directors of city-based Parekh Aluminex Ltd over Rs 4,000 crore bank fraud
Business

Mumbai Police arrests three directors of city-based Parekh Aluminex Ltd over Rs 4,000 crore bank fraud

Mumbai Police has arrested three directors of Parekh Aluminex Ltd (PAL) as part of an investigation into the non-payment of dues estimated at Rs 4,000 crore

Special court discharges Congress leader Kripashankar Singh in disproportionate assets case
India

Special court discharges Congress leader Kripashankar Singh in disproportionate assets case

A special court discharged Congress leader Kripashankar Singh in a case of disproportionate assets for want of sanction for his prosecution on Wednesday.

Ketan Mehta approaches EOW to book Kangana Ranaut for 'cheating' over Rani of Jhansi biopic
Bollywood

Ketan Mehta approaches EOW to book Kangana Ranaut for 'cheating' over Rani of Jhansi biopic

Ketan Mehta has accused Kangana Ranaut of "hijacking" his project on the Queen of Jhansi.

Yash Birla and 6 top officials of Birla Power Solutions chargesheeted in FD cheating case
Business

Yash Birla and 6 top officials of Birla Power Solutions chargesheeted in FD cheating case

Two years ago, an FIR was registered against the company Birla Power Solutions Ltd (BPSL) and its CFO PVR Murthy on charges of cheating investors