Search For "default"
Here's how govt. agencies cracked Diamond Power Infra fraud
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 07 (ANI): A couple of days ago, the nation woke up to the news of the Central Bureau of Investigation (CBI) conducting raids against a Vadodara firm for a Rs. 2,654 crore default.
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Case against Vadodara company for defaulting 2654 cr loan
Updated : 7 years, 11 months ago IST
New Delhi [India] April 5 (ANI): The Central Bureau of Investigation (CBI) on Thursday registered a case against Diamond Power Infrastructure Limited (DPIL) and its directors for defrauding 11 banks to the tune of Rs 2654 crore.
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Pak's balance of payments worsens, likely to approach IMF next month
Updated : 7 years, 11 months ago IST
Islamabad [Pakistan], Mar 27 (ANI): The Pakistan Muslim League-Nawaz (PML-N) government has accepted the International Monetary Fund's (IMF) pre-condition to let the Pakistani rupee depreciate by over four percent to qualify for any fresh bailout package needed to avoid a default-like situat
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CBI files chargesheet against ex-Canara Bank CMD over loan default
Updated : 7 years, 12 months ago IST
New Delhi [India], Mar 19 (ANI): The Central Bureau of Investigation (CBI) on Monday filed chargesheet against RK Dubey, former Chairman and Managing Director of Canara Bank, in a case pertaining to a loan default.
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Rotomac owner sent to judicial custody till Mar 21
Updated : 8 years ago IST
Lucknow (Uttar Pradesh) [India], Mar 7 (ANI): A Special Central Bureau of Investigation (CBI) Court on Wednesday sent Rotomac pens owner Vikram Kothari and his son Rahul Kothari to judicial custody till 21 March in connection with an alleged bank loan default case.
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6 chargesheets filed against Rotomac owner Vikram Kothari
Updated : 8 years ago IST
New Delhi [India] February 26 (ANI): Six chargesheets have been filed against Rotomac Pens owner Vikram Kothari under various sections of the Income Tax (IT) Act, 1961.
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Case registered against UP's sugar factory for defaulting loan
Updated : 8 years ago IST
New Delhi [India], Feb 25 (ANI): The Central Bureau of Investigation (CBI) on Sunday registered a case on a complaint from Oriental Bank of Commerce (OBC) against a private sugar company based at Simbhaoli in Hapur district of Uttar Pradesh for defaulting loan.
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Bank of Maharashtra lodges FIR against four for loan default
Updated : 8 years ago IST
New Delhi [India], Feb 24 (ANI): Adding to the bandwagon of loan defaulters, the Bank of Maharashtra has filed an FIR with the Central Board of Investigation (CBI) against Delhi-based businessman Amit Singla and others over alleged loan default.
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Bank fraud, willful default hampering ease of doing business: Jaitley
Updated : 8 years ago IST
New Delhi [India], Feb. 24 (ANI): Finance Minister Arun Jaitley on Saturday said cases of willful default and bank fraud will have a detrimental impact on the government's objective of ensuring ease of doing business.
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PM Modi ensures strong action against financial irregularities
Updated : 8 years ago IST
New Delhi [India], Feb. 23 (ANI): Amid the controversy surrounding loan defaulters Nirav Modi and Rotomac owner Vikram Kothari, Prime Minister Narendra Modi on Friday asserted that the government is taking strong action against financial irregularities.
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Rotomac bank fraud: Vikram Kothari, son sent to 1-day transit remand
Updated : 8 years ago IST
New Delhi [India], Feb 23 (ANI): Rotomac Pens owner Vikram Kothari and his son Rahul Kothari have been sent to a one-day transit remand by Delhi's Patiala House Court in connection with a case of loan default of approximately Rs 3,700 crore taken from seven public sector banks.
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Rotomac bank fraud: Vikram Kothari, his son arrested
Updated : 8 years ago IST
New Delhi [India], Feb 22 (ANI): The Central Bureau of Investigation (CBI) on Thursday arrested the owner of Rotomac Pens, Vikram Kothari, and his son Rahul Kothari in connection with a case of loan default of approximately Rs 3,700 crore taken from seven public sector banks.
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