PMC Bank Scam Accused and HDIL Director Rakesh Wadhawan Tests Positive For COVID-19
Wadhawan was lodged in Jail along with 6 other inmates. One of them, Sarang Wadhawan, accused in the same case, will now be administered COVID-19...
Tag : HDIL
Business Tit-Bits: Frauds, Corporates and the Slowdown
India’s economic slowdown has coincided with receding fortunes of corporates and the collapse of many companies, who at one point of time were industry leaders/icons...
RBI to meet delegations of 10 PMC Banks Scam Protestors
Current sources say the representatives will come back to Azad Maidan after the meeting to decide the next course of action Mumbai: 10 representatives of...
No relief to PMC bank account holders from Supreme court
The petitioners had approached the Supreme Court earlier this week, seeking redressal of certain aspects associated with the PMC Bank crisis New Delhi: Today the...
Delegation of PMC Bank Scam victims to meet Manmohan Singh
Promoters of HDIL, accused in the Punjab and Maharashtra Co-operative (PMC) bank scam, are ready to repay the money by selling their attached assets. ...
HDIL promoters ready to repay the PMC bank loan by selling assets
HDIL promoters Rakesh and Sarang Wadhawan said that they will auction his 18 attached properties including Rolls Royce and Aircraft. Mumbai| Promoters of real...
PMC bank account holders get assurance from Finance Minister Nirmala Sitharaman
PMC is in weak condition allegedly due to its exposure to the near-bankrupt realty player HDIL which has loaned over 70 per cent of its...
#Video Business Tit-Bits: The Trust We Lost
This rampant lying and collusion all around the economy has resulted in a severe erosion of trust, such that the Mint reports that bankers do...
The Trust We Lost
If the auditors of PMC Bank have been a relatively unknown CA firm called Lakdawala & Co., those of ILFS were multinational giants like KPMG...
PMC Bank MD Joy Thomas arrested by Mumbai Police
ED registered a money laundering case against PMC bank officials and directors of realty firm HDIL Rakesh and Sarang Wadhawan in the PMC Bank case....