Serious Fraud Investigation Office
28 Mar 2018
TPG-backed Manipal Hospitals acquires Fortis Healthcare, SRL Diagnostics
To mark one of the largest acquisition deal in the health space, Fortis Healthcare Ltd. has announced that its board has approved demerger of its hospitals business with TPG Capital-backed Manipal Hospitals, along with the sale of 20% stake in diagnostics chain SRL Ltd., in a Rs. 3,900-crore deal.
07 Mar 2018
PNB scam: CBI arrests Gitanjali VP, "brain behind the conspiracy"
Gitanjali Group vice-president Vipul Chitalia, who had escaped India along with chairman Mehul Choksi, was nabbed from the Mumbai airport yesterday morning, as soon as he landed from Bangkok.
05 Mar 2018
PNB-scam: Anti-fraud agency summons ICICI's Chanda Kochhar, Axis' Shikha Sharma
The Rs. 12,650cr scam by Nirav Modi and his uncle Mehul Choksi in connivance with PNB employees might be the undoing of many other banks too.
13 Mar 2017
ICICI, SBI top bank fraud list
Data from the RBI has revealed that ICICI bank had the maximum number of bank-fraud related cases between April-December 2016. SBI came in second.
08 Aug 2016
Banks given the heads up to report frauds to CBI
India's public sector banks can now report and file charges on high value frauds with the Central Bureau of Investigation (CBI).