News for '-rotomac-global-private-limited'

From stationery czar to loan defaulter: Story of Kanpur's Vikram Kothari

From stationery czar to loan defaulter: Story of Kanpur's Vikram Kothari

Rediff.com20 Feb 2018

Vikram Kothari finds himself stands accused of a bank loan default to the tune of thousands of crores.

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

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

Rediff.com29 Apr 2020

According to the RTI reply, absconding diamantaire Choksi's company Gitanjali Gems tops the list of the defaulters with a whopping amount of Rs 5,492 crore. This is followed by REI Agro with Rs 4,314 crore and Winsome Diamonds with Rs 4,076 crore. Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically written off and Kudos Chemie Ltd with Rs 2,326 crore, Ruchi Soya Industries Limited, now owned by Ramdev's Patanjali, with Rs 2,212 crore and Zoom Developers Pvt Ltd with Rs 2,012 crore being the other companies to default on the payment. Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of Rs 1943 crore which have been technically written off by the banks.