The court also opined that the trial against the former Yes Bank chief, over alleged money laundering linked to a loan deal with real estate company HDIL, was “not likely to begin any time soon”.

Former Yes Bank chief Rana Kapoor granted bail

Yes Bank founder Rana Kapoor has been granted bail by a special Prevention of Money Laundering Act (PMLA) court in a money laundering case pertaining to irregularities worth Rs 900 crore in a loan given to HDIL, reported ANI.Kapoor will not walk out of prison as he has other cases, the result of which is yet to come. He is currently lodged at Taloja jail in Mumbai.

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Yes Bank founder Rana Kapoor granted bail in HDIL loans money laundering case

Rana Kapoor got bail in a case pertaining to irregularities worth Rs 900 crore in a loan given to Housing Development and Infrastructure Limited (HDIL).

Yes Bank founder Rana Kapoor gets bail in money laundering case involving HDIL

Rana Kapoor gets bail in HDIL case, but will remain in jail

The Enforcement Directorate (ED) on Monday said it has attached two Goa plots of HDIL promoters Rakesh Wadhawan and Sarang Wadhawan worth more than Rs 31 crore in connection with a money laundering investigation linked to alleged irregularities in the redevelopment of Patra ‘chawl’ in Mumbai.

Patra ‘chawl’ case: ED attaches 2 Goa plots of HDIL promoters Wadhawans

Kapoor had allegedly connived with HDIL promoter Rakesh Wadhawan and sanctioned a loan of Rs. 202 crore to Macstar which was eventually siphoned off to HDIL.

Yes Bank scam: Rana Kapoor gets bail; to remain in custody in other cases

The Mumbai bench of the National Company Law Tribunal (NCLT) has appointed Anurag Kumar Sinha the insolvency resolution professional. This came on a petition filed by Unity Small Finance Bank, which had approached the court after the company allegedly failed to repay over Rs 138 crore in dues.

NCLT admits HDIL firm Privilege Power and Infrastructure under insolvency process

HDIL promoters are embroiled in a Rs-4,300 crore Punjab and Maharashtra Cooperative (PMC) Bank scam case

CBI books HDIL promoters in new case of ₹140 cr bank fraud

The CBI has booked HDIL promoters Rakesh Wadhawan and Sarang Wadhawan in a new bank fraud case involving an amount of Rs 140 crore pertaining to their subsidiary Guruashish Construction, officials said on Thursday.

Rs 140-cr bank fraud case: CBI books HDIL promoters Rakesh, Sarang Wadhawan

HDIL Standalone September 2022 Net Sales at Rs 0.30 crore, up 63.29% Y-o-Y

Lenders voted in favour of Adani Properties for Project BKC and Shahad Maharal Lands, while Dev Land and Housing Pvt Ltd won HDIL Tower. Separately a consortium of Khyati Realtors and Dosti Realty Ltd won three projects- Majestic Towers, Whispering Towers and Premier Kurla.

Lenders vote for six projects of HDIL, four projects to be liquidated

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Profitability and efficiency haven't been upto the mark

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Housing Development and Infrastructure Limited (HDIL) is a real estate development company engaged in development and construction of residential and commercial properties, infrastructure facilities and other related activities.