Indiabulls Ventures

The Enforcement Directorate (ED) conducted raids at the offices of India Bulls Finance Centre in Mumbai and Delhi in connection with a Prevention of Money Laundering case

Four individuals and one entity, including CEO of Indiabulls Ventures Ltd, paid around Rs 5 crore as settlement charges to Sebi to settle a case of alleged insider trading in shares of the firm

Indiabulls Housing Finance's stock has now fallen below its QIP price

The stock rallied 13% to Rs 229 in intra-day trade on Thursday and has zoomed 151% in the past three months, as compared to 13% rise in the S&P BSE Sensex

All that happened in the markets today.

On Friday, Indiabulls Ventures said it will raise Rs 588 crore by issuing preferential shares to certain foreign investors

"The total equity investment by the investors would aggregate to Rs 588 crore, equivalent to $80 million in the company," Indiabulls Ventures said

For the quarter under review, Indiabulls Housing Finance reported a 65.9 per cent fall in its consolidated net profit at Rs 272.84 crore

Stocks of Indiabulls Group are in focus on Thursday, a day after Sameer Gehlaut stepped down as executive chairman of Indiabulls Housing Finance with immediate effect

The announcement came after Sameer Gehlaut stepped down as executive chairman of Indiabulls Housing Finance with immediate effect.

Further, the two individuals have also been barred from dealing in shares of IVL for a period of three years.

The order follows an investigation conducted in the scrip of IVL between January 2017 and November 2017

Corporate Affairs ministry had informed the court earlier that the inspection reports for IBVL and IBHFL would to be ready by the end of October and for IBREL, by the end of November.

In the past three months, shares of Indiabulls Real Estate and Indiabulls Ventures have tanked 64 per cent and 63 per cent, respectively.

Indiabulls Housing Finance, Indiabulls Ventures, Indiabulls Real Estate are being probed for potential wrongdoing by the Registrar of Companies

Indiabulls Ventures's market valuation stood at Rs 239 billion on the BSE

Sebi agreed to settle proposed adjudication proceedings after it was approached by Sameer Gehlaut and the promoter entities.

The company would use the funds thus raised to capitalise its subsidiaries Indiabulls Consumer Finance Limited and Indiabulls Asset Reconstruction Company Limited

Hota worked at the Reserve Bank of India for 27 years, prior to his association with the NPCI

The stock locked in upper circuit of 5% at Rs 713 on the BSE, after the company announced that its board will meet on Tuesday, August 14, to consider fund raising plans.