Did Religare, IL&FS, and Essar promoters carry out circuitous transactions through Srei Group firms? – The Economic Times

Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/did-religare-ilfs-and-essar-promoters-carry-out-circuitous-transactions-through-srei-group-firms/primearticleshow/87869116.cms From Left, Shivinder Singh, Malvinder Singh, erstwhile promoters of Religare group; Hemant Kanoria, former chairman, Srei Infrastructure Finance; Ravi Ruia, Vice chairman, Essar

Negligible revenues, insufficient collateral yet Srei Group lenders gave crores to obscure firms – The Economic Times

Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/negligible-revenues-insufficient-collateral-yet-srei-group-lenders-gave-crores-to-obscure-firms/primearticleshow/88285684.cms SynopsisAmid insolvency proceedings, Srei Group-owned lenders’ decisions, taken as recent as two years back, could bring more trouble for the group. Documents filed

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