Within a week, a government reeling under charges of failing to save such massive loot, being friends and complicit with alleged thieves, allowing PSBs to be bankrupted under its watch, had morphed......
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......
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......
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......
Banks will also have to seek borrower's status report from Central Economic Intelligence Bureau on the account turning NPA The finance ministry on Tuesday directed public sector banks (PSBs) to......
The Central Bureau of Investigation on Thursday arrested Rotomac owner Vikram Kothari and his son Rahul, both directors in the company, for alleged default on loan repayments to the tune of Rs......