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  • Mohan India to pay Rs 771cr; EOW cracks whip on borrowers

    It will be making a down payment of Rs 11 crore initially and pay the remaining amount throughout the year after securitizing land and property. It is likely to securitize 500 acres of land near Bikaner in Rajasthan and 14000 sq yards bungalow in Civil Lines, New Delhi.

  • Protecting investor interest key in NSEL crisis: Mum Police

    Protecting investor interest key in NSEL crisis: Mum Police

    Since it is a large and complex investigation, the Mumbai Policy has formed many teams and searched dozens of offices and residences and warehouses across the country, said Himanshu Roy Jt CP, Mumbai Police.

  • EOW eyes sweeping powers to tackle Jignesh Shah: Srcs

    EOW eyes sweeping powers to tackle Jignesh Shah: Srcs

    Sources have confirmed that EOW is currently considering the invocation of the Maharashtra Protection of Interest of Depositors Act (MPID Act).

  • NSEL crisis: EOW arrests Jai Bahukhandi

    NSEL crisis: EOW arrests Jai Bahukhandi

    The EOW is not revealing its cards at this point but the second big arrest in the form of Jai Bahukhandi has taken place. He was the former VP of warehousing and the news comes close to the arrest of Amit Mukherjee, VP of business development at NSEL who has been remanded to police custody until October 18

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