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Unable to withdraw money, PMC Bank customer suffers cardiac arrest and dies

The deceased, Sanjay Gulati was under a lot of stress after the Punjab and Maharashtra Cooperative (PMC) Bank scam came to light, according to his family members. He was listed as a large depositor with the bank and had almost Rs 80 lakh in four accounts.

Oct 15, 2019, 11:30 AM IST

PMC Bank scam: Ex-chairman Wariyam Singh owns properties worth several crores

Former chairman of PMC Bank Wariyam Singh, who is currently in police custody, has bought a plot of land worth Rs 2,500 in Mumbai's posh Juhu area using depositor's money.

Oct 14, 2019, 23:08 PM IST

PMC bank scam: Ex-chairman, HDIL directors sent to police custody till Oct 16 amid protest by depositors

A number of PMC bank depositors today staged a protest as a Mumbai court extended custody of three accused in the bank fraud case. 

Oct 14, 2019, 15:08 PM IST

PMC bank scam: Joy Thomas sent to police custody till October 17

A local court here sent Joy Thomas, the suspended Managing Director of the Punjab and Maharashtra Co-operative (PMC) Bank, to police custody till October 17 on Saturday.

Oct 05, 2019, 15:37 PM IST

PMC bank scam: ED seizes 12 high-end cars of HDIL owners

The Enforcement Directorate (ED) has seized 12 high-end cars which include two Rolls Royce, two Range Rover, and one Bentley, of Housing Development and Infrastructure Limited (HDIL) chairman Rakesh Wadhawan and his son Sarang Wadhawan on Friday following raids at six locations in Mumbai.

Oct 04, 2019, 23:21 PM IST

HDIL's Sarang Wadhawan, Rakesh Wadhawan arrested in PMC Bank scam

Out of the 44 bank accounts responsible for not paying back the huge loans taken from PMC Bank, 10 belonged to HDIL and the Wadhawans. Out of the 10 bank accounts, Sarang and Rakesh had one personal account each.

Oct 03, 2019, 17:53 PM IST

Mumbai police's EOW files FIR against officials of HDIL, Punjab & Maharashtra Co-operative Bank

The Economic Offences Wing (EoW) of Mumbai Police has registered an FIR against senior officials of Housing Development and Infrastructure Ltd (HDIL) and Punjab and Maharashtra Cooperative (PMC) Bank over allegedly causing losses to the tune of Rs 4,355.43 crore to the bank.

Sep 30, 2019, 22:50 PM IST

HDIL in talks to sell 200 acre land in Baroda, Hyderabad

Realty firm HDIL is in talks to sell about 200 acres of land parcels in Baroda and Hyderabad as part of its strategy to offload non-core assets to improve cash-flows and cut debt.

May 17, 2015, 13:45 PM IST

HDIL Q4 net profit down 72% at Rs 31.89cr

Total income rose to Rs 1,083.12 crore in the last fiscal as against Rs 953.64 crore in 2013-14 fiscal.

May 15, 2015, 17:13 PM IST

Realty stocks shine; HDIL surges 24%

Realty stocks attracted strong buying interest in an overall bullish broader market Moday, surging up to 24 percent, a day ahead of the RBI's monetary policy.

Apr 06, 2015, 18:34 PM IST

HDIL eyes Rs 750 crore from sale of non-core assets

To reduce its debt by nearly 25 percent, Mumbai-based property developer HDIL hopes to monetise all its non-core assets in coming fiscal and expects to garner around Rs 750 crore which will be utilised for paring debt, a top company official said.

Mar 23, 2015, 16:51 PM IST

HDIL stands exposed at Zee Media's sting operation

Watch what Zee Media found at its sting operation on Mumbai's giant construction firm HDIL.

Mar 10, 2015, 14:00 PM IST

Mumbai: HDIL's 4000 crore land scam

Mumbai: HDIL company under scanner for alleged irregularities in Slum Rehabilitation Authority (SRA) project.

Jan 11, 2015, 19:10 PM IST

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Dec 14, 2014, 14:32 PM IST

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Dec 12, 2014, 13:29 PM IST

DNA: Kailash Satyarthi, Malala Yousafzai honoured with Nobel Peace Prize 2014

The Indian Child Rights activist Kailash Satyarthi and Pakistani Braveheart Malala Yousafzai was awarded the prestigious Nobel Peace Prize 2014.

Dec 10, 2014, 23:40 PM IST

Poonam Mahajan raises the HDIL issue in Parliament

Poonam Mahajan raised the HDIL issue in Parliament in connection with alleged irregularities in Slum Rehabilitation Authority (SRA) project in suburban Bandra.

Dec 09, 2014, 19:00 PM IST

Maharashtra govt gives warning to HDIL

In connection with alleged irregularities in Slum Rehabilitation Authority (SRA) project in suburban Bandra, the Maharashtra govt has warned HDIL.

Dec 09, 2014, 15:20 PM IST

Mumbai slum project: Govt officials, HDIL chairman booked for irregularities

An FIR has been registered against principle secretaries of Maharashtra’s housing and woman and child development departments, HDIL Group chairman and the company’s ten directors in connection with

Dec 04, 2014, 14:52 PM IST

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Dec 04, 2014, 10:17 AM IST