Tag: Vikram Kothari
CBI Raids Rotomac's Kanpur Properties
The CBI on Monday raided several locations in Kanpur in connection with a Rs 800 crore loan default by the Rotomac Pen company's chief Vikram Kothari, an official said.....
Rotomac Owner, Son Being Questioned In Delhi
The CBI on Wednesday said Rotomac owner Vikram Kothari and his son Rahul were at its headquarters in Delhi and were still being questioned in connection with a Rs 3,695 crore loan default case.....
CBI Arrests Rotomac Firm Owner Vikram Kothari, Son
The CBI on Thursday arrested Rotomac pen company owner Vikram Kothari and his son Rahul on charges of cheating a consortium of banks of Rs 3,695 crore (including interest) by siphoning off loans sanctioned to his company for procurement of wheat and other goods for export.....
Bank Scams: Three Fresh Cases Of Financial Fraud Reported
Three fresh cases of financial fraud have come to light after the CBI filed cases against a jeweller, a businessman and a public servant on complaints by three different banks earlier this week, an official said on Saturday.....
CBI Continues Raids In Rotomac Case
The CBI on Tuesday continued raids at the same three locations in Kanpur for the second consecutive day as it probed a multi-crore loan default by Rotomac Pen's chief Vikram Kothari.....
Rotomac Chief, Son Sent To Transit Remand, IT Seizes 12 Bank Accounts
A CBI court on Friday sent Rotomac owner Vikram Kothari and his son Rahul to one-day transit remand while the Income Tax department seized 12 bank accounts of the group and issued six prosecution against the businessman in connection with the Rs 3,695 crore loan default.....
Industry Has To Introspect On Doing Ethical Business: Jaitley
In light of the Rs 11,300 crore Punjab National Bank (PNB) scam allegedly involving diamantaire Nirav Modi, Union Finance Minister Arun Jaitley said on Saturday that the discourse needed to move on from ease of doing business to that of Indian industry's responsibility to become ethical in the way it does business.....
Rotomac Owner's Prosecution In Six Cases, Says I-T Department
The Income Tax Department on Monday said it has filed six cases for the prosecution of Rotomac owner Vikram Kothari in connection with the Rs 3,695 crore bank loan default case involving Bank of Baroda.....
