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NITIN KASLIWAL
Bank fraud case: ED attaches Rs 150 crore worth property near Buckingham Palace in LondonThe Enforcement Directorate has attached a Rs 150 crore property near Buckingham Palace in London. This action is part of a bank loan fraud...
Police nor criminal court can seize passport, says Karnataka HCThe facts of the case date back to 1999 when Kasliwal had executed an agreement in favour of various lenders for loans secured. In 2015, th...
ARCs, foreign funds eye Reid & TaylorReid & Taylor, owned by Kasliwals is facing bankruptcy proceedings after it defaulted on loans.
Even Obama and Bachchan could not save this company from drowning in debtThe company sold luxury brands associated with the likes of Barack Obama, Pierce Brosnan and Amitabh Bachchan and is now facing prospects o...
Reid & Taylor, S Kumars head for bankruptcy after loan defaults of over Rs 5,000 croreNitin Kasliwal, promoter of S.Kumars Nationwide, has been declared a willful defaulter by most lenders and will thus not be eligible to par...
S Kumars owner will have to stay in India, repay debt: Karnataka HCKasliwal has been declared a willful defaulter by IDBI Bank and is the first big businessman in India whose photo was published by a bank (...
S Kumars promoter Nitin Kasliwal told to deposit passport by Bengaluru DRTDRT has directed Nitin Kasliwal, promoters of S Kumars Nationwide, to deposit his passport on April 5, failing which the court will conside...
S Kumars shareholders seek removal of CMD Nitin Kasliwal & top deck for 'mismanagement'Losses for the co, which owns textile brands such as Reid & Taylor, S Kumars, Bellmonte and Carmichael, have mounted to Rs 414 cr as on Mar...
UCO Bank labels Reid & Taylor India as defaulterReid & Taylor is being pursued by the state-run Uco Bank for recovering more than Rs 100 crore of loan after the company defaulted.
- Textiles and apparel sector experiencing good time on high demnad
Fortunately for all the Indian companies, China has increased the prices by about 30% over the last 1 year and to that extent.
- Reid & Taylor's $250 mn IPO by year-end, says Kasliwal
Nitin Kasliwal-led Reid & Taylor, plans to hit the market with its $250 million IPO by end 2010.
- Kasliwals to bring textile business under one roof
MW Corp will consolidate its textile business under a single entity in a move to combine operations of its 62-year-old uniform brand S Kuma...
- SKNL to file DRHP for Reid & Taylor's Rs 1,000 cr IPO in August
Textile major, S Kumars Nationwide (SKNL) aims to list its subsidiary Reid & Taylor and raise Rs 1,000 crore by end-this year and will be f...
- S Kumars to launch two new brands in ready-to-wear segment
S Kumars Nationwide Limited (SKNL), plans to launch two new brands, Kruger (casual premium) and World Player (economy brand), in the ready-...
- S Kumars inks JV with DKI
S Kumars Nationwide has formed a joint venture with Donna Karan International to design, produce and distribute the entire range of DKNY me...
- SKNL to file DHRP in next 6 months for Reid & Taylor IPO
Textile major S Kumars Nationwide Limited said it plans to list premium menswear subsidiary Reid and Taylor and will file a Red Herring Dra...
- Kartikeya Kasliwal to join Brandhouse Retail as GM
Kartikeya Kasliwal, the son of S Kumars Nationwide (SKNL) managing director Nitin Kasliwal, is joining Brandhouse Retail - SKNL’s subsidiar...
- S Kumars Nationwide plans brand makeover
Three years after the Mumbai-based Kasliwal family divided the S Kumars group, Nitin Kasliwal, the second son of family patriarch Shambukum...
- S Kumars to stitch a JV deal with DKNY
S KUMARS Nationwide (SKNL), a leading textiles and apparels firm, is close to forming a joint venture with global fashion accessory company...
- S Kumars eyes UK-based fashion firm
Textile firm S Kumars is learnt to be in advanced stage of negotiations to acquire a UK-based fashion outfit.