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Sebi Rejects Anil Ambani's Bid to Settle Yes Bank Charges

The New Indian Express Coimbatore

|

August 13, 2025

CAPITAL markets regulator Sebi has reportedly turned down Reliance Group Chairman Anil Ambani's bid to settle charges related to Yes Bank investments.

- ENS ECONOMIC BUREAU @ New Delhi

According to documents reviewed by news agency Reuters, this could leave Ambani facing penalties of no less than Rs 1,828 crore.

The case stems from investments worth ₹2,150 crore made by Reliance Mutual Fund, then owned by Ambani, in Yes Bank's additional tier-1 (AT-1) bonds between 2016 and 2019. These bonds were written off in 2020 when Yes Bank was declared insolvent. By then, Reliance Mutual Fund had already been sold to Nippon Life Insurance, but the charges date back to the period before the sale.

FLERE HISTORIER FRA The New Indian Express Coimbatore

The New Indian Express Coimbatore

The New Indian Express Coimbatore

Ahead of commercial launch in India, Starlink to hold demo runs in Mumbai

ELON MUSK-led Starlink is scheduled to conduct demonstration runs on October 30 and 31 in Mumbai to showcase compliance with security and technical conditions for satellite broadband services.

time to read

1 min

October 30, 2025

The New Indian Express Coimbatore

‘Lalu wants son as CM, Sonia wishes her son is PM’

Addressing poll rallies, Shah hits out at RJD chief and Cong over corruption cases, says the game of Rahul and Lalu will be over on Nov 14

time to read

2 mins

October 30, 2025

The New Indian Express Coimbatore

AIADMK files plea seeking to quash nod for housing plan on marshland

THE principal opposition party, AIADMK, has moved the Madras High Court with a petition praying for the court to quash the environmental clearance and planning permission allegedly granted to a private firm to construct a residential complex on the Pallikaranai marshland.

time to read

1 min

October 30, 2025

The New Indian Express Coimbatore

Centre reviews progress on teaching higher edu in Indian languages

THE Education Ministry on Wednesday held a meeting to review the dissemination of higher education materials in Indian languages and strategies to strengthen teaching across all 22 scheduled languages under the Bharatiya Bhasha Pustak Scheme (BBPS).

time to read

1 min

October 30, 2025

The New Indian Express Coimbatore

10L hectares of crops hit by heavy rains in Gujarat

Cong warns of ‘Nepal-like’ stir over farmers’ demands

time to read

1 min

October 30, 2025

The New Indian Express Coimbatore

Vindicated but not free: Vedam faces new battle

AFTER waiting more than four decades to clear his name in a friend’s 1980 killing, Subramanyam Vedam was set to walk free from a Pennsylvania prison this month.

time to read

1 min

October 30, 2025

The New Indian Express Coimbatore

‘Why can’t HR&CE’s asset register be online?’

The Madras High Court on Wednesday questioned HR&CE department why its property register cannot be uploaded on the official website.

time to read

1 min

October 30, 2025

The New Indian Express Coimbatore

Amid setback, C’garh Maoists rejig top deck to keep banned outfit’s morale

THE strength of the politburo and the Central Committee (CC) of the banned CPI (Maoist) has dropped from 45 members to just 20 in the last couple of years, and is now a single digit.

time to read

1 min

October 30, 2025

The New Indian Express Coimbatore

Thanjai hosp fails to detect genetic disorder in unborn child, ordered to pay ₹75L

THE Pudukottai District Consumer Disputes Redressal Commission on Wednesday ordered a private hospital in Thanjavur, two diagnostic centres and two doctors who work there to pay total compensation of %75 lakh to a couple for failing to detect a genetic disorder in their unborn child.

time to read

1 min

October 30, 2025

The New Indian Express Coimbatore

Karuna was untouched by political highs & lows: Radhakrishnan

VICE-PRESIDENT CP Radhakrishnan paid glowing tributes to DMK stalwart the late M Karunanidhi in Tiruppur on Wednesday while exhorting all party functionaries to foster respect to leaders across the political divide.

time to read

1 mins

October 30, 2025

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