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S Kumars Nationwide Ltd

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913 wilful defaulters owe Rs 11,486 crore to PNB

The large wilful defaulters, according to the list published by PNB, include embattled businessman Vijay Mallya’s Kingfisher Airlines with an outstanding of Rs 597.44 crore.  The list......

Perform or perish, shareholders tell S Kumars chief

Shareholders of S Kumars are calling for Kasliwal's removal as chairman because they don't like the direction he is taking the company into. Image: Nitin Kasliwal, CMD, S Kumars Nationwide.......

Public sector banks declare war on corporate defaulters

Fed up with a profitable textile company's failure to repay its loan, UCO Bank has taken its grievance public, placing newspaper ads last month that brand the industrialist owner of S. Kumar's......

UCO Bank 'names and shames' S Kumar's CMD Kasliwal

Bank issues public notice with photograph in Reid & Taylor default case. India Inc’s leading lights are used to seeing their photographs in newspapers. But it’s probably the first time......

Can S Kumars weather the financial storm?

About a decade ago, film star Amitabh Bachchan signed an agreement with textile and apparel company S Kumars Nationwide (SKNL) to become the brand ambassador for Reid & Taylor suitings. The......

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