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Revealed: Companies named in Ktaka's mining probe

The probe into Karnataka's illegal mining has taken a dramatic turn with the Criminal Investigation Department, the state's premier investigating agency, naming 45 high profile companies in its......

Rotomac Global booked in Rs 750 crore bank fraud case

The CBI has booked Kanpur-based Rotomac Global and its directors for Rs 750.54 crore for alleged fraud in Indian Overseas Bank, officials said. Photograph: PTI Photo The company, which was in the......

The Strange Death Of India's Pen King

If there is a morality tale here, it is that debt and death spare no king. IMAGE: Vikram Kothari. Illustration: Dominic Xavier/Rediff.com Vikram Kothari had two coronations, first as the Gutkha......

Rotomac owner Vikram Kothari dies in freak accident

Multi-core loan default accused and promoter of Rotomac Group 73-year-old Vikram Kothari died in a freak accident at his Kanpur residence on Tuesday morning. According to reports, the erstwhile......

Mehul Choksi, Vijay Mallya in Rs 68,607 cr loan writeoff list: RBI

Banks have "technically" written off a whopping Rs 68,607 crore in outstanding loans of top 50 wilful defaulters, including of firms belonging to fugitive economic offenders Mehul Choksi and Vijay......

Pan masala, pens and a failed forex deal

Vikram Kothari’s Rotomac stares at a loan default of Rs 369 crore Frederick W Smith, the founder of courier company Fedex Corp, was once reportedly down to $5,000 soon after starting the......

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