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2025-11-19 01:43:41| The Economic Times

The Enforcement Directorate is investigating over 50 individuals and firms for alleged money laundering through penny stock price rigging. Notices have been issued under the PMLA, requiring disclosure of financial information and associations with manipulated companies. This probe follows a raid on a tech firm, uncovering a syndicate involved in elaborate stock manipulation schemes.

Category: News and Media

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2025-11-19 01:36:18| The Economic Times

CreditAccess Grameen's stock has declined due to concerns over higher credit costs stemming from delayed improvement in its portfolio at risk. Despite accelerated write-offs in H1 FY26, the company is focusing on customer accretion and enhancing borrower quality. Analysts anticipate improved return ratios in the latter half of the fiscal year.

Category: News and Media

2025-11-19 01:30:42| The Economic Times

The National Asset Reconstruction Company has taken over the debt of Entertainment City. Punjab National Bank accepted NARCL's 711-crore offer. This ends a year-long effort by lenders to find a better deal. Entertainment City has outstanding debt of around 1,000 crore. NARCL's bid ensures lenders recover their principal amount.

Category: News and Media

Latest from this category

19.11 ED widens probe into 50+ entities over penny stock laundering 19.11 Why has CreditAccess Grameen fallen nearly 10% since its Q2 results? 19.11 NARCL acquires Rs 1,000-cr debt of Entertainment City for Rs 711 crore 19.11 FPIs pull out over Rs 1 lakh crore in September quarter, select counters still advance 19.11 GQG Partners raises stakes in 5 Adani Group companies 19.11 Hotel adverts banned over misleadingly cheap rooms 19.11 Can Nifty cross 26,100 as global markets drag sentiment? 19.11 Baby Shark: How a 90-second clip created a $400m business News and Media »

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19.11 ED widens probe into 50+ entities over penny stock laundering 19.11 Why has CreditAccess Grameen fallen nearly 10% since its Q2 results? 19.11 NARCL acquires Rs 1,000-cr debt of Entertainment City for Rs 711 crore 19.11 FPIs pull out over Rs 1 lakh crore in September quarter, select counters still advance 19.11 GQG Partners raises stakes in 5 Adani Group companies 19.11 Hotel adverts banned over misleadingly cheap rooms 19.11 Can Nifty cross 26,100 as global markets drag sentiment? 19.11 Soccer league unveils blueprint for stadiums built around women, not men More »