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......
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......
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......
According to a complaint from Bank of Baroda, the conspirators allegedly cheated a consortium of 7 banks of Rs 3,695 crore. The scam was earlier estimated at around Rs 800 crore. The Central Bureau......