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Sunday, February 23, 2020

Religare

RELIGARE NEWS

Fund ‘misappropriation’ at Religare Finvest: ED arrests Malvinder Singh, Sunil Godhwani

November 15, 2019 4:18 am

The ED took the two men in its custody to Tihar Jail. However, they will not be produced before a Delhi court, due to the ongoing lawyers’ strike.

Delhi court sends Singh brothers, others to 14-day judicial custody

October 18, 2019 4:13 am

The court said the matter was in the investigation stage because of which the accused were remanded to judicial custody. Counsel for Singh brothers have moved a bail application before the court.

Court extends police custody of Malvinder and Shivinder Singh by two days

October 16, 2019 4:01 am

The Singh brothers were arrested by the EOW for alleged diversion of funds and causing a loss of Rs 2,397 crore to Religare Finvest Ltd (RFL).

Explained: Who are the Radha Soami Satsang Beas, the 'dera' at the heart of allegations against Singh brothers

October 16, 2019 11:57 am

Malvinder Singh and his brother Shivinder Singh have been arrested for allegedly diverting funds and causing a loss of Rs 2,397 crore to Religare Finvest Ltd (RFL), a subsidiary of Religare Enterprises Ltd. The brothers were followers of the RSSB at one time.

After Shivinder, Malvinder Singh arrested in Religare fund diversion case

October 11, 2019 3:04 pm

Malvinder, who is also named in a complaint lodged by Religare Finvest Ltd (RFL), was detained by the Economic Offences Wing of the Delhi Police last night.

Shivinder held, Malvinder detained in Religare fund diversion case

October 11, 2019 9:40 am

The arrest came two months after the Enforcement Directorate (ED) carried out searches at the homes of the brothers after revelations from the Mauritius Leaks on their offshore holdings were described as “corroborative evidence” for the investigating agency.

ED searches former Religare promoters, offshore deals under scanner too

August 02, 2019 4:39 am

ED searched residences of Shivinder Singh and Malvinder Singh, and those of their associates. Mauritius Leaks revelations described as ‘corroborative evidence’.

Via Mauritius, Religare moved funds to Singh brothers’ offshore company: records

July 23, 2019 7:06 am

Called Religare Capital Markets International (Mauritius) Ltd, this became a vehicle to acquire a 30 per cent stake in another Jersey-headquartered entity, NCM Limited.

Upcoming payouts a possible trigger for Singh brothers feud

September 06, 2018 1:46 am

In February, Delhi HC upheld the Singapore arbitration tribunal’s decision to fine the brothers for around Rs 3,500 crore for “concealing and misrepresenting” facts.

Religare exits MF business, sells 51% to partner Invesco

November 20, 2015 1:14 am

Existing senior management to continue managing the money for fund house.