Top biz headlines: Search at Kochhars', IBC buys, IL&FS overhang & more

From ED raids at Kochhar's residence to IL&FS, here are the top 10 business stories that made news on Friday

ED searches premises of Chanda Kochhar, Deepak Kochhar in Videocon case

The Enforcement Directorate on Friday carried out an extensive search operation at the residence of Chanda Kochhar, former managing director and chief executive officer at ICICI Bank, in the Rs 3,250-crore Videocon group loan case. Read more...

Sebi tightens norms for liquid MFs, takeover regulations of firms under IBC 

The Securities and Exchange Board of India tightened the valuation methodology for liquid mutual funds and did away with the open offer exemption given to those seeking to acquire assets undergoing insolvency resolution. Read