Religare News

ED searches former Religare promoters, offshore deals under scanner too

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

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

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

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

Religare up 3.8% on stake sale rumours, firm denies

The Economic Times reported that the two promoter brothers Malvinder Singh and Shivinder Singh were looking to exit Religare Enterprises.

Singh brothers sell 6.13 pct stake in Religare for Rs 322 cr

The shares were purchased by CB Green Ventures and India Horizon Fund.


Billionaires now seeking license to open banks

Aditya Birla Group,Tata Capital,Religare and Reliance Capital are applying for bank licences.

Religare to sell 49% stake in MF arm

The joint venture will be called Religare Invesco Asset Management Company.

Shriram City NCDs get fully subscribed

NCD public issue of Shriram City has got subscribed 1.26 times ahead of its scheduled closing.

The Brain Game

Mention Bridge,the card game,and it instantly conjures images of retired octogenarians whiling away time at a club.