Sebi bars DHFL promoters from securities market

Sebi bars DHFL promoters from securities market

Mumbai: The Securities and Exchange Board of India (Sebi) has barred promoters of Dewan Housing Finance Ltd (DHFL) from accessing the securities market for allegedly indulging in fraudulent transactions and defrauding investors by publishing false financial statements. The regulator has restrained Kapil Wadhawan, his relatives Dheeraj Wadhawan, Rakesh Kumar Wadhawan, Sarang Wadhawan, Aruna Wadhawan, Malti … Read more

Cheating case: Yes Bank founder Rana Kapoor’s anticipatory bail plea rejected

Cheating case: Yes Bank founder Rana Kapoor’s anticipatory bail plea rejected

MUMBAI: A special court here on Friday rejected the anticipatory bail plea filed by Yes Bank founder Rana Kapoor in a cheating and criminal conspiracy case registered against him by the CBI. Kapoor is currently in a judicial custody after being arrested by the Enforcement Directorate (ED) in a related case. He had moved the … Read more