Page 3 - Rana Kapoor

Post Thapar's arrest, CBI seeks to interrogate Rana Kapoor in Avantha case

The CBI on Friday moved a plea before a special court here seeking a production warrant of Rana Kapoor for custodial interrogation in connection with its case related to Avantha group of companies. Kapoor, who is currently in judicial custody after being arrested in March, 2019 in connection with the Yes Bank fraud case, has opposed the probe agency's plea through his lawyer Parnav Badheka. Special judge S U Wadgaonkar said these prayers need consideration, including the maintainability of objection on behalf of accused to the application of production warrant made by the investigating officer in cited crime, and posted the matter for hearing on Saturday. The Central Bureau of Investigation's move comes two days after the arrest of Gautam Thapar, promoter of Avantha Group, by the Enforcement Directorate, which is also probing the case. Thapar (60) was held under Prevention of Money Laundering Act (PMLA) on Tuesday night in Delhi after the agency carried out raids in Delhi and ...

YES Bank's capital requirement for current fiscal pegged at Rs 7,500 cr

The bank's MD and CEO Prashant Kumar said the bank would not like its Common Equity Tier I (CET1) ratio to fall below 11 per cent

YES Bank posts net loss of Rs 3,788 crore in Q4 as provisions rise

The bank's net interest income declined 61.5% to Rs 987 cr in Q4

Sebi orders attachment of former Yes Bank MD & CEO Rana Kapoor's assets

The decision has been taken after Kapoor failed to pay the fine imposed on him

ED arrests YES Bank co-founder Rana Kapoor in fresh money laundering case

The Enforcement Directorate has arrested Yes Bank co-promoter Rana Kapoor in a fresh money laundering case linked to an alleged Rs 4,300 crore fraud at the PMC Bank

Top headlines: WhatsApp defers privacy terms, low turnout for Covid shot

From WhatsApp deferring privacy terms to low turnout for the Covid shot, Business Standard brings you the top headlines

The A is now The Quorum: Rana Kapoor family-led business club changes hands

The Quorum in Mumbai aims to introduce and extend its blend of hospitality and philosophy of being community-led, content-driven, design-focused and experiential.

2020, the year that was: Bank frauds, drug hauls kept probe agencies busy

ED and CBI probed high-profile frauds; arrested Rana Kapoor, Deepak Kochchar

A tryst with hubris

Book review of Yes Man: The Untold Story of Rana Kapoor

Cox & Kings case: ED chargesheets Rana Kapoor, Peter Kerkar, 10 others

The latest findings by the ED probe in the CKL matter revealed that the entire gamut of siphoning off of funds and diversion of loan money from various banks stood at Rs 6,968 crore

Cox & Kings money laundering case: ED detects fund diversion of Rs 7,000 cr

An earlier estimation from ED stood at about Rs 5,500 crore

Yes Bank case: Court grants bail to Rana Kapoor's daughter Roshni

A magistrate court granted bail to Roshni Kapoor, an accused in the Yes Bank fraud case linked to DHFL

Rana Kapoor: The story of a high-profile banker's fall from grace

Yes Bank co-promoter Rana Kapoor was arrested in a money laundering case by the ED earlier this year and he is in judicial custody at present. The ED had booked Kapoor, his family members and others under the PMLA after studying a CBI FIR that alleged that dubious multi-crore loans were given by YES Bank to various entities in contravention of the law and in lieu of purported kickbacks given to the Kapoor family. Watch this video to witnesses the journey of the rise and mighty fall of Rana Kapoor. >

YES Bank case: Rana Kapoor's Rs 127-crore London flat attached by ED

It claimed that the agency obtained "information from a reliable source that Kapoor was trying to alienate this property in London and that he has hired a reputed property consultant

Sebi fines Rana Kapoor Rs 1 cr for hiding a transaction from YES board

By not disclosing about the transaction to Yes Bank's board of directors, Kapoor has created an opaque layer between him and stakeholders, Sebi said in an order.

Special court denies anticipatory bail to YES Bank founder Rana Kapoor

Kapoor is currently in a judicial custody after being arrested by the Enforcement Directorate (ED) in a related case

Top headlines: Next fiscal policy, peak gold prices, CARE ratings and more

Here are the top headlines of the day

CARE puts rating for Rana Kapoor family owned firm in default grade

MCPL is a holding company having investments in various non-financial businesses

ED attaches assets worth Rs 2,800 cr in YES Bank money laundering case

These properties include Rana Kapoor's plush bungalow in Delhi at 40, Amrita Shergil Marg and his Mumbai flats in Worli and at Indiabulls One worth Rs 1,200 crore

Top headlines: Indian CEOs head cos with $4 trn m-cap, YES Bank FPO & more

Here are the top headlines of the day