What TV doesn't, print can't; we deliver.
What TV doesn't, print can't; we deliver.
SEBI, last week, initiated an inquiry into allegations against Saluja for cornering "a significant quantum of remuneration" via ESOPS from Religare Enterprises, Care Health Insurance Limited and Religare Finvest Limited (RFL). The SEBI asked Insurance Regulatory and Development Authority of India (IRDA) to start investigations against Saluja.
The Burman family, which is the promoter of the leading Ayurveda major Dabur Group has courted a fresh controversy, after CBI sources said that it is widening its probe into transactions done by a rice export company for defaulting more than Rs 700 crore to a consortium of banks between 2010 and 2016 following a consultancy agreement signed by Mohit Burman. Burman, who is already facing a Mumbai Police FIR in connection with the illegal betting racket in Mahadev App betting scandal case as well the accusation of share manipulation and mega investment into Religare Enterprises will be probed over his transactions with rice exporter company Bush Foods and its owners Vir Karan Awasthy and Radhika Awasthy, who had escaped to London.
We are trying to ascertain all details regarding diversion of the money, between 2017 and 2018, as well as the charges if the money now being invested by the Burman family is being routed from anywhere else, including and not limited to any beneficiaries of Religare and RFL in the past. The probe will require interrogations of several people from past and present acquisitions bids -- a top ED official told The New Indian.
