Money laundering: Satyendar Jain withdraws interim bail plea, wife released

Delhi Cabinet Minister Satyendar Jain on Saturday withdrew his interim bail plea filed on medical grounds. Jain was arrested by the Enforcement Directorate (ED) in a money laundering case on May 30. The special CBI court on Saturday noted that Satyendar Jain is getting discharged from the hospital today and wishes to … Read more

Delhi HC passes order in ED case against Jain, hears plea of Umar Khalid

The Delhi High Court Thursday heard several matters including those concerning Delhi Minister Satyendar Jain, arrested in a money laundering case, and former JNU student Umar Khalid who sought bail in the 2020 Delhi riots conspiracy case. Justice Jasmeet Singh, while dealing with a petition by the Enforcement Directorate, directed the trial … Read more

Prashant Jain: Prashant Jain, the Don Bradman of the MF industry, its ambassador

One of the longest serving mutual fund manager Prashant Jain‘s tendering his resignation at HDFC AMC has brought in a flood of emotional tweets for the ‘Doland Bradman‘ of the mutual fund industry. Jain, who exited as CIO of after 19 long years and was with the fund house for decades, had the unique distinction … Read more

India’s largest equity fund manager Prashant Jain to leave HDFC: Report

Prashant Jain, chief investment officer (CIO) of HDFC AMC, has reportedly called it quits. One of the early poster-boys of the mutual funds industry in India, Jain was responsible for overseeing Rs 4.21 trillion worth of assets under management (AUM), a Moneycontrol report stated. Jain was the only mutual-fund … Read more

Hdfc Mf’s Jain 1st To Manage 1l Cr+

Mumbai: The market rally in July has made MF’s Prashant Jain the first fund manager in India to oversee Rs 1-lakh-crore equity assets. Jain manages Balanced Advantage, Flexi Cap and Top 100 funds at HDFC MF, apart from an India-dedicated scheme under exclusive mandate from a sovereign wealth fund. The total AUM (assets under management) … Read more

LIC says govt nominee Pankaj Jain ceases to be director on board

Life Insurance Corporation (LIC) on Wednesday said government nominee Pankaj Jain has ceased to be the director of the company with effect from July 4. “….the date of cessation of directorship of Pankaj Jain, government director of the Corporation is July 4, 2022,” LIC said in a regulatory filing. … Read more

Udaipur murder: Jain community seeks more security for threatened resident

Members of the Jain community on Friday demanded more security for a resident of an Udaipur locality mentioned in the video clip posted by the alleged killers of tailor Kanhaiya Lal. They met the district collector and handed over a memorandum pressing for enhanced security for tyre trader Nitin … Read more

Sandeep Kumar Gupta to be next chairman of GAIL, succeeds Manoj Jain

Sandeep Kumar Gupta, Director for Finance at Indian Oil Corporation, has been picked to head India’s largest gas utility GAIL (India) Ltd, the government headhunter said. The Public Enterprises Selection Board (PESB) selected Gupta, 56, for the post of chairman and managing director of GAIL after interviewing 10 candidates, … Read more

Special CBI court extends judicial custody of Satyendar Jain for 14 days

A court here on Monday extended by two weeks the judicial custody of Delhi health minister Satyendar Jain, arrested by the ED in a money laundering case. Special Judge Geetanjli Goel passed the order on a plea moved by the Enforcement Directorate (ED) seeking extension of Jain’s custody after … Read more

ITI Share price: Big Movers on D-St: What should investors do with JSPL, Jain Irrigation and ITI?

Indian market snapped its 2-day winning streak on Wednesday following muted global cues. The S&P BSE Sensex plunged more than 700 points while the Nifty50 managed to close above 15,400 levels. Sectorally, selling pressure was seen in metals, energy, realty, power, and utilities. The S&P BSE Midcap index fell 1.5 per cent, and the S&P … Read more