A single bench of Justice Bharati Dangre rejected the bail applications filed by Kapoor's wife Bindu and daughters Roshini and Radha
The lender owns 25% in DISH TV while its promoters, led by Jawahar Goel, own only 6%
Yes Bank, has asked the satellite television service provider to hold an EGM of shareholders and act on its recommendations to reconstitute the company's board
The Bombay High Court reserved the orders on bail applications of Yes Bank founder Rana Kapoor's wife Bindu Kapoor and daughters Radha and Roshini Kapoor in an alleged corruption case involving DHFL
Its credit card issuance activity was hit in July after the Reserve Bank of India placed curbs on Mastercards
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.
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
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
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
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
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.
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
YES Bank sent a notice to the company to remove the top management, including the managing director Jawahar Lal Goel
Slim chance of loan recovery, say analysts
Company plans to challenge bank over bid to sack board members
Investors looked to lock in gains after the recent rally but most dips were bought into, which left indices unchanged at close.
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
Mining major NMDC has slashed prices of lump ore and fines by Rs 1,000 per tonne
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
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.