SC dismisses interim bail plea of Shivinder Singh

The Supreme Court on Wednesday dismissed the plea for interim bail of former Fortis Healthcare promoter Shivinder Mohan Singh who along with others is accused of misappropriating Rs 2,397 crore of......

ED arrests ex-Fortis promoter Malvinder Singh

Malvinder is accused of laundering money, punishable under sections 3 and 4 of the Prevention of Money Laundering Act. The ED on Thursday arrested former Fortis Healthcare promoter Malvinder Singh......

Lakshmi Vilas Bank may decide on proposed meVB

With a potential liability of Rs 750-800 crore, sources say Clix Capital’s stand on the matter would be crucial in finalising the merger valuation. Capital-starved Lakshmi Vilas Bank (LVB)......

Citi sells part of mortgage portfolio to Religare

Financial services firm Religare Enterprises on Wednesday said it will acquire a part of Citigroup India's home loan portfolio for Rs 500 crore (Rs 5 billion), representing 5 per cent of the......