Religare Finvest

Religare to sell entire stake in NBFC arm to TCG Advisory Services for Rs 330 cr; signs share purchase agreement

Religare Enterprises (REL) in the filing said that a share purchase agreement has been signed with TCG for selling stake in Religare Finvest Ltd (RFL)

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

SEBI directs Fortis Healthcare, Fortis Hospitals to recover Rs 403 crore from Singh brothers, 7 others

Singh brothers, erstwhile promoters of FHL, have also been asked not to associate themselves with the affairs of FHL and FHsL in any manner.

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.

Religare approaches Corporate Ministry with complaint against Singh brothers, ex-chairman Sunil Godhwani

Earlier on Wednesday, Religare Finvest lodged a criminal complaint with the Economic Offences Wing (EOW) of the Delhi Police against the Singh brothers.

Religare files criminal complaint with EOW against promoters Singh brothers for cheating, breach of trust

Religare Enterprises was controlled by the warring Singh brothers until February 2018.

Sebi directs Singh brothers, 8 other entities to repay over Rs 403 cr with interest to Fortis Healthcare

In a 21-page interim order, Sebi said that prima facie the role of FHL and Fortis Hospitals Ltd (FHsL) in the alleged diversion of funds through conduit entities has been established.

Religare Selects Nucleus Software's FinnOne

FinnOne allows for effective introduction of quick-to-market products and schemes best addressing today's challenging environment.

Religare Finvest to raise Rs 800 cr via bond