ED raids former directors, promoters of liquidated Kwality
The raids are to do with a 2020 case that accused the dairy products firm of cheating a consortium of banks of Rs 1,400 crore.
27 November, 2024•2 min
0
27 November, 2024•2 min
0
More in Business
Business
Ola Electric’s cash position looks worrying
Its business in a rut, the Bhavish Aggarwal-led firm has burnt through over Rs 1,000 crore in the first six months of the current fiscal. A fundraise is now critical.
You may also like
Business
Anil Ambani owes his gravy train ride to apathy, leniency
Multiple institutions have failed in their duty to pursue the litany of cases against Ambani and his companies. This has facilitated a comeback that should never have been
Business
Anil Ambani’s comeback is anything but one
The return to profitability and the deleveraging at Reliance Power and Reliance Infra are not what they’re cracked up to be. Plus, as their promoter, his past continues to haunt the two surviving group companies.
Internet
The Chinese threat to Indian fintechs
Predatory loan apps with links to China continue to flourish unabated. It’s time to pay attention to what’s aiding this unchecked rise.
