Investing in government bonds directly from RBI is a sound option but don't rush in to buy themSoon retail investors will be able to buy government bonds directly from RBI. Though there are certain advantages of investing in governmen...
20 Feb, 2021, 10.00 AM IST
CBI charge-sheets Rotomac promotersA consortium of seven nationalised banks has given loans worth Rs 2,919 crore to Rotomac Global Pvt Limited from 2008 onwards, the CBI FIR ...
21 May, 2018, 11.21 PM IST
Rotomac case: CBI quizzes 6 officials of Bank of BarodaThe agency had earlier arrested Rotomac Pens owner Vikram Kothari and his son Rahul in connection with the Rs. 3,695-crore loan default cas...
18 Apr, 2018, 08.30 AM IST
CBI has quizzed six officials of Bank of Baroda in connection bank fraud involving Rotomac caseThe total outstanding amount, according to the agency, is approximately Rs 3695 crores. The agency had sealed the office and house of Vikra...
17 Apr, 2018, 09.28 PM IST
Rotomac case: I-T files dozen fresh charge sheets; attaches 3 accountsThe Income Tax Department also attached three more bank accounts of the company as part of its latest action against it for alleged tax eva...
27 Feb, 2018, 09.55 PM IST
Rotomac case: I-T dept files 6 charge sheets against Vikram KothariThe Kanpur-based group is being probed by the CBI and the ED in connection with the alleged swindling of Rs 3,695 crore of loan funds.
26 Feb, 2018, 10.43 PM IST
need2know: 10 macro triggers that should matter for market todayA lowdown on top macro triggers that may move the market on Friday.
23 Feb, 2018, 07.57 AM IST
Vikram Kothari, owner of Rotomac, arrested by CBI in loan default caseThe CBI officials said that Vikram Kothari and his son, who were called for questioning, were arrested after they failed to cooperate with ...
22 Feb, 2018, 09.56 PM IST
Rotomac bank fraud: I-T attaches assets in Kanpur, AhmedabadThese attachment of assets, they said, has been carried out to "recover outstanding tax demands" from the group, understood to be about Rs ...
21 Feb, 2018, 09.31 PM IST
CBI begins questioning of Rotomac owner Vikram KothariOne of the consortium members, Bank of Baroda had approached the CBI requesting an FIR against Kothari as the bank apparently feared he mig...
21 Feb, 2018, 07.13 PM IST
BoB sat on Rotomac case for 2 years, ran to CBI after Nirav Modi scam brokeThe public sector bank remained silent for two years despite facing a Rs 6,172 crore forex scam in 2015 in which money was sent from India ...
21 Feb, 2018, 10.52 AM IST
need2know: Great Indian bank fraud and other macro cues for your day on D-StreetHere's a look at op macro triggers that may move market on Tuesday.
20 Feb, 2018, 07.42 AM IST
CBI, ED initiate actions against Rotomac DirectorsVikram Kothari, his wife Sadhana Kothari and son Rahul Kothari — all directors — have been booked by the CBI on charges of cheating a conso...
19 Feb, 2018, 11.23 PM IST
Rotomac bank fraud: CBI books Vikram Kothari, his wife and son in Rs 3,695-crore scamThe banking scam has surfaced in the backdrop of Rs 11,384 crore alleged fraud reported by Punjab National Bank, involving billionaire Nira...
19 Feb, 2018, 10.01 PM IST