Page 24 - Yes Bank

DHFL case: CBI court denies bail to Yes Bank's former business head

A special CBI court in Mumbai on Monday denied bail to Rajiv Anand, former business head of Yes Bank, in a cheating and corruption case involving private sector lender DHFL. The bank's co-founder Rana Kapoor is one of the accused and is in judicial custody in a related case being probed by the Enforcement Directorate. Anand's bail plea was rejected by special judge S U Wadgaonkar, who granted bail to two other accused, Dularesh Jain and Sunil Chaudhary. The court had, on Saturday, denied bail to Rana Kapoor's wife Bindu and daughters Radha and Roshini. As per the CBI, Yes Bank invested Rs 3,700 crore in debentures of DHFL, which, in return, allegedly paid kickbacks of Rs 600 crore to DoIT Urban Ventures, a firm controlled by Kapoor's wife and daughters.

DishTV seeks more time for AGM after Yes Bank notice regarding directors

Time sought to allow firm to comply with all applicable laws in respect of the notices and ensure it does not default on regulatory and lender covenants

YES-DHFL case: Rana Kapoor's wife, daughters remanded to judicial custody

A special CBI court in Mumbai on Saturday denied bail to the wife and two daughters of Yes Bank founder Rana Kapoor in a quid-pro-quo case

YES Bank, six others settle case with Sebi; pay Rs 1.65-crore

The six persons were either a member of the Reputational Risk Management Committee (RRMC) or part of the decision making process in relation to the disclosures made on February 13, 2019

Yes Bank surges 16% on heavy volumes, hits 6-week high

In the past three trading days, the stock price of Yes Bank has appreciated by 18 per cent after the rating agency ICRA affirmed private lender's various instrument with a stable outlook

Dish TV jumps another 10% as Hindustan Times buys notable stake

Hindustan Times purchased 20 million equity shares, representing 1.16 per cent of total equity Dish TV India for Rs 38.44 crore in a bulk deal on the NSE on 13 September.

Kurien, Chokhani quit Zee Entertainment board a day before AGM

This was after proxy advisory IIAS had raised serious corporate governance concerns in the company by asking shareholders not to vote for re-appointing the duo on the company's board

Dish TV hits 52-week high, up 30% in 3 days as YES Bank seeks to sack board

YES Bank sent a notice to the company to remove the top management, including the managing director Jawahar Lal Goel

Dish TV shares rise 13% on lenders' move to change management

Slim chance of loan recovery, say analysts

Battle between DTH company Dish TV and YES Bank likely to escalate

Company plans to challenge bank over bid to sack board members

Sensex snaps 3-day winning run, slips 17 pts; Realty index sheds 2%, IT 1%

Investors looked to lock in gains after the recent rally but most dips were bought into, which left indices unchanged at close.

Dish TV shares surge despite Yes Bank's demand to remove its directors

Shares of Dish TV India surged on Tuesday even after Yes Bank, a significant shareholder in the company, has sought the removal of the company's directors including the MD over alleged misgovernance

Stocks to watch: Nuvoco Vistas, BPCL, Yes Bank, Dish TV, VST Tillers, Infy

Mining major NMDC has slashed prices of lump ore and fines by Rs 1,000 per tonne

YES Bank seeks removal of Jawahar Goel, 4 others from Dish TV board

YES Bank has given a special notice under Section 169 of the Companies Act, 2013, which seeks the removal of Rashmi Aggarwal, Bhagwan Das Narang, Shankar Aggarwal, and Ashok Mathai Kurien, besides MD

Yes Bank-DHFL case: Rana Kapoor's wife, daughter get interim bail

Kapoor''s wife Bindu and daughter Radha were named as accused in the supplementary charge sheet filed by the Central Bureau of Investigation recently, but the duo was never arrested in the case.

Credit risk funds top league table with 8.4% returns, shows data

This is thanks to economic revival, improving upgrades to downgrades ratio, say experts

CRISIL upgrades YES Bank's tier II bonds, infrastructure bonds to 'BBB+'

The rating agency also revised the rating for bank's certificates of deposit (CD) from "A2+" to "A1"

Ind-Ra affirms Yes Bank long-term issuer rating at 'BBB'; outlook is stable

Rating reflects improving deposit profile, adequate capital levels to withstand stress on books

Sebi orders defreezing of bank, demat accounts, MF folios of Rana Kapoor

Markets regulator Sebi on Wednesday ordered defreezing of bank accounts as well as share and mutual fund holdings of Rana Kapoor, former MD and CEO of Yes Bank. Kapoor is currently in judicial custody after being arrested in March 2020 in the alleged Yes Bank fraud case. The regulator, in March, had attached bank accounts, share and mutual fund holdings of Kapoor to recover dues of over Rs 1 crore. The decision was taken after Kapoor failed to pay the fine imposed on him. Sebi, in September 2020, had levied a fine of Rs 1 crore on Kapoor for not making disclosures regarding a transaction of Morgan Credit, which was an unlisted promoter entity of Yes Bank. By not disclosing about the transaction to Yes Bank's board of directors, Kapoor created an opaque layer between him and stakeholders and violated the provision of the LODR (Listing Obligations and Dislcosure Requirements) Regulation, Sebi had said in the order. The release order came after Supreme Court, on August 2, stayed the

Sebi orders defreezing of bank accounts of former Yes Bank CEO Rana Kapoor

Sebi on Wednesday directed the defreezing of attached bank accounts/lockers/demat accounts and mutual fund folios of Yes Bank founder Rana Kapoor