Economic Offences Wing

Addressing a news conference, Thackeray demanded that Shinde as well as Deepak Kesarkar and Mangal Prabhat Lodha, who were the guardian ministers of Mumbai city and Mumbai suburbs, respectively, be kept out of the new government as the road contracts were awarded during their tenure as ministers.

Delhi HC releases Rs 80 crore security by Ashneer Grover, Madhuri Jain after they return to India from US

Justice Sanjiv Narula passed the order after the duo's lawyer Giriraj Subramanium told the court of their return. Madhuri Jain was personally present in the court hall.

Ashneer Grover, Madhuri Jain move Delhi HC for permission to travel to US

Grover and Jain can't leave the country without a court's permission as a Look Out Circular has been issued against them on the request of the EOW

Rs 200 cr extortion: EOW files supplementary charge sheet against Sukesh Chandrashekhar's aide

The charge sheet alleged Pinky Irani used to portray Chandrashekhar as a business tycoon and was instrumental in facilitating his meetings with certain Bollywood personalities.

MP EOW to probe if money allegedly misappropriated by bishop was used for religious conversion: Shivraj Chouhan

The EOW conducted searches at the house of P C Singh, the bishop of the Churchof North India Jabalpur Diocese, on Thursday morning following registration of a case of cheating against him.

Wives of Malvinder and Shivinder Singh cheated of crores of rupees by conmen: Report

The Singh brothers have been in Delhi's Tihar jail since October 2019, when they were arrested for allegedly diverting funds worth Rs 2,397 crore from Religare Finvest and its parent company Religare Enterprises.

Delhi Police arrests former Ranbaxy promoter Shivinder Singh

The EOW of Delhi Police is also on the lookout for former Ranbaxy CEO Malvinder Singh.

PMC Bank-HDIL scam: Former bank MD Joy Thomas to be in EOW custody till October 17

The Wadhawans were arrested in connection with the Punjab and Maharashtra Co-operative (PMC) Bank scam by the Economic Offenses Wing (EOW) of the Mumbai police on October 3.

NSEL case: EOW arrests 2 auditors of EY associate SV Ghatalia

The two officials have been arrested in connection with a National Spot Exchange Limited (NSEL) scam, six years after it first came to light.

Economic Offences Wing raids retired Jabalpur official who could be worth Rs 400 crore

Suresh Upadhyay, who was a sub-divisional officer in the department of public health engineering, may own assets worth Rs 400 crore.

QNet case: Michael Ferreira released after six months in jail

Former world billiards champion Michael Ferreira, an accused in an alleged multi-level marketing scam case, walked out of Taloja Central Prison in Navi Mumbai on April 8, six months after his arrest, police said today.

Faced with defaulting developers? Here is what homebuyers must do

To avoid the recurrence of Unitech like cases, it is important for homebuyer association members to take the lead and act as a bridge to raise funds, in case the builder claims he is bankrupt.

'I might have to sell my house to pay debt': AskMe seller

Vendors on the platform say beginning November 2015 their payments started getting delayed. Such is the case that one vendor says he is on the cusp of selling his house to repay the loans he had taken supply products to Askmebazaar buyers.

NSEL Investor Forum writes to EOW, says FTIL has overstated A/cs

CNBC-TV18's Yash Jain -- who has a copy of the letter -- reports that NSEL has alleged that FTIL only disclosed payable expense and did not mention inward cash flows.

Govt to set up a special court for all NSEL-related cases

Government today decided to set up a special court to hear all NSEL related cases on a priority basis while also asked the Enforcement Directorate to expedite action to recover Rs 3,721 crore from defaulters, and regulator Sebi to complete probe of brokers at the earliest.

Jignesh Shah-led firm objects to property attachment by EOW

The company, in a statement here, said it had learnt about the attachment of properties through a letter written by EOW to them today.

Sebi to act against defaulting brokers in NSEL scam

Sebi has been asked to take necessary action against the defaulting brokers in the nearly Rs 5,600-crore NSEL scam while the Corporate Affairs Ministry and other agencies including the Enforcement Directorate are also investigating the case, the government said today.

Sebi files complaint against Sharepro with EoW

The complaint has been filed with regard to alleged "forgery, cheating and misappropriation" by these entities in connection with transfer of shares and dividends of various companies.

EOW to probe money trail between Mallya, group cos: Sources

A special committee set up by the Economic Offences Wing (EOW) is likely to start investigating the 'money trail' between Mallya and group companies, sources say.

RBI imposes Rs 1 crore penalty on Dhanlaxmi Bank

RBI had issued a Show Cause Notice to the bank for not complying with KYC and AML guidelines "in respect of a current account under investigation" of the Economic Offences Wing (EOW), Mumbai.

EOW files FIR against Parsvnath, its chairman, 5 others

The FIR alleges Parsvnath misled buyers by claiming to have all approvals in 2004. It further says HDFC, PNB and ICICI Bank denied home loans as project wasn't legal. Parsvnath also refused refunds to customers.

NSEL scam: Top officials of brokerage firms granted bail

The three officials -- Amit Rathi, Director, Anand Rathi Commodities, Chintan Modi, VP, IIFL, and CP Krishnan, Wholetime Director, Geofin Comtrade, have been granted bail on condition that they will pay Rs 20 lakh as surety and also appear before the Mumbai EOW every Wednesday.

Sunanda case: Tharoor faces second round of questioning

Tharoor was quizzed for over four-and-a-half hours at the Anti Auto Theft Squad (AATS) office in South Delhi in two sessions. In the afternoon session, Tharoor's driver Bajrangi was also quizzed along with the Congress MP.

Vigneshwara Group MD Sunil Dahiya arrested by EOW

Dahiya is accused of duping investors of over Rs 1,000 crore. He had promised huge returns for people investing in his real estate deals.

NSEL recovery process: Bombay HC sets up 3-member panel

Committee, comprising Justice VC Daga, J Solomon and Yogesh Thar, would determine the amount payable by defaulters / third parties. It is also empowered to ascertain their assets.