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CBI Raids Businessman Ratul Puri, Father In Bank Fraud Case
The Central Bureau of Investigation (CBI) today conducted searches at the premises of Moser Baer Solar Limited directors Deepak Puri, Ratul Puri and others in Delhi and Noida in connection with a Rs 787.25 crore bank fraud case.
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Delhi High Court To Hear Plea Challenging Ratul Puri's Bail On April 27
The Delhi High Court on Monday deferred to April 27 the hearing on Enforcement Directorate plea challenging bail granted to businessman Ratul Puri by a trial court in Moser Baer Bank loan matter.
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Ratul Puri Led Lavish Life On Credit Card Of Hawala Accused: Probe Agency
Madhya Pradesh Chief Minister Kamal Nath's nephew Ratul Puri led a "lavish" lifestyle using a credit card issued by a Dubai-based hawala operator, an accused in the VVIP chopper scam, to travel in private jets and visit night clubs, the Enforcement Directorate has said in its charge-sheet in a Rs 8,000 crore bank loan money laundering case.
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"No Connection" With Arrested Nephew's Business, Says Kamal Nath
Madhya Pradesh Chief Minister Kamal Nath today said he had no connection with the business of his nephew Ratul Puri, who was arrested this morning over allegations of swindling a state-run bank.
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Ratul Puri, Kamal Nath's Nephew, Arrested In Bank Fraud Case; Sent To 6-Day Enforcement Directorate Custody
Ratul Puri, the nephew of Madhya Pradesh Chief Minister Kamal Nath, was arrested this morning by the Enforcement Directorate for an alleged Rs 354 crore bank fraud, after multiple attempts by him to avoid being caught.
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Ratul Puri, Former Moser Baer Execs Named By CBI In Bank Fraud Case
Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath and a former senior official of electronics manufacturer Moser Baer, has been named by the Central Bureau of Investigation (CBI) along with others in connection with a Rs 354-crore bank fraud case, officials said on Sunday.
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Rs 300-Crore Bungalow, Funds Seized In Probe Against Kamal Nath's Nephew
The Income Tax department has seized a Rs 300-crore Delhi Bungalow under the anti-Benami law in its probe against Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath. The tax department also seized Foreign Direct Investments worth $40 million.
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Taxmen Attach Rs 254 Crore Worth "Benami" Equity Of Kamal Nath's Nephew
The Income Tax Department has attached Rs 254 crore worth of "benami" equity of Ratul Puri which he had allegedly received from a suspect in the AgustaWestland VVIP chopper scam case via shell companies, officials said Tuesday.
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Government's $100 Billion Solar Push Draws Foreign Firms as Locals Take Backseat
India's solar panel makers can no longer turn to the Indian government for help. The government is more concerned about creating jobs quickly and ensuring plentiful power supply in a country known for its many blackouts.
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Farmer Sets Himself on Fire After Dharna Demanding More Compensation for Land
On Saturday, a 35-year-old farmer set him on fire at Anuppur in Madhya Pradesh. The event came after police detained his parents, who were sitting on dharna demanding greater compensation for farm land that had been acquired from them for an industrial project.
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Moser Baer India June Quarter Loss Widens to Rs 189 Crore
Moser Baer India Ltd on Saturday reported a nearly doubled net loss of Rs.189.20 crore for the quarter ended June 30 2014.
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Moser Baer posts standalone loss of Rs 131 crore in Q2
Compact disk maker Moser Baer India Ltd (MBIL) on Friday reported a standalone net loss of Rs 131.73 crore for the quarter ended September 30, 2013.
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Moser Baer postpones bondholders meet on debt restructuring
Moser Baer India (MBIL) has postponed the April 16 bondholders meeting where it would have sought their consent to extend the maturity date of outstanding bonds worth $88.5 million (about Rs 483 crore), the CD maker said on Monday.
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Moser Baer Q2 loss widens to Rs. 87.62 crore
Computer disk maker Moser Baer reported an increase in its standalone net loss at Rs. 87.62 crore for the quarter ended September 30, 2012.
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Moser Baer loss widens to Rs 121 crore in April-June quarter
Hit by foreign exchange losses, compact disk maker Moser Baer India's (MBI) net loss has widened to Rs 121.9 crore for the quarter ended June 30, 2012, from Rs 92.21 crore in the same period last year.
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CBI Raids Businessman Ratul Puri, Father In Bank Fraud Case
The Central Bureau of Investigation (CBI) today conducted searches at the premises of Moser Baer Solar Limited directors Deepak Puri, Ratul Puri and others in Delhi and Noida in connection with a Rs 787.25 crore bank fraud case.
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Delhi High Court To Hear Plea Challenging Ratul Puri's Bail On April 27
The Delhi High Court on Monday deferred to April 27 the hearing on Enforcement Directorate plea challenging bail granted to businessman Ratul Puri by a trial court in Moser Baer Bank loan matter.
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Ratul Puri Led Lavish Life On Credit Card Of Hawala Accused: Probe Agency
Madhya Pradesh Chief Minister Kamal Nath's nephew Ratul Puri led a "lavish" lifestyle using a credit card issued by a Dubai-based hawala operator, an accused in the VVIP chopper scam, to travel in private jets and visit night clubs, the Enforcement Directorate has said in its charge-sheet in a Rs 8,000 crore bank loan money laundering case.
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"No Connection" With Arrested Nephew's Business, Says Kamal Nath
Madhya Pradesh Chief Minister Kamal Nath today said he had no connection with the business of his nephew Ratul Puri, who was arrested this morning over allegations of swindling a state-run bank.
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Ratul Puri, Kamal Nath's Nephew, Arrested In Bank Fraud Case; Sent To 6-Day Enforcement Directorate Custody
Ratul Puri, the nephew of Madhya Pradesh Chief Minister Kamal Nath, was arrested this morning by the Enforcement Directorate for an alleged Rs 354 crore bank fraud, after multiple attempts by him to avoid being caught.
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Ratul Puri, Former Moser Baer Execs Named By CBI In Bank Fraud Case
Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath and a former senior official of electronics manufacturer Moser Baer, has been named by the Central Bureau of Investigation (CBI) along with others in connection with a Rs 354-crore bank fraud case, officials said on Sunday.
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Rs 300-Crore Bungalow, Funds Seized In Probe Against Kamal Nath's Nephew
The Income Tax department has seized a Rs 300-crore Delhi Bungalow under the anti-Benami law in its probe against Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath. The tax department also seized Foreign Direct Investments worth $40 million.
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Taxmen Attach Rs 254 Crore Worth "Benami" Equity Of Kamal Nath's Nephew
The Income Tax Department has attached Rs 254 crore worth of "benami" equity of Ratul Puri which he had allegedly received from a suspect in the AgustaWestland VVIP chopper scam case via shell companies, officials said Tuesday.
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Government's $100 Billion Solar Push Draws Foreign Firms as Locals Take Backseat
India's solar panel makers can no longer turn to the Indian government for help. The government is more concerned about creating jobs quickly and ensuring plentiful power supply in a country known for its many blackouts.
-
Farmer Sets Himself on Fire After Dharna Demanding More Compensation for Land
On Saturday, a 35-year-old farmer set him on fire at Anuppur in Madhya Pradesh. The event came after police detained his parents, who were sitting on dharna demanding greater compensation for farm land that had been acquired from them for an industrial project.
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Moser Baer India June Quarter Loss Widens to Rs 189 Crore
Moser Baer India Ltd on Saturday reported a nearly doubled net loss of Rs.189.20 crore for the quarter ended June 30 2014.
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Moser Baer posts standalone loss of Rs 131 crore in Q2
Compact disk maker Moser Baer India Ltd (MBIL) on Friday reported a standalone net loss of Rs 131.73 crore for the quarter ended September 30, 2013.
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Moser Baer postpones bondholders meet on debt restructuring
Moser Baer India (MBIL) has postponed the April 16 bondholders meeting where it would have sought their consent to extend the maturity date of outstanding bonds worth $88.5 million (about Rs 483 crore), the CD maker said on Monday.
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Moser Baer Q2 loss widens to Rs. 87.62 crore
Computer disk maker Moser Baer reported an increase in its standalone net loss at Rs. 87.62 crore for the quarter ended September 30, 2012.
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Moser Baer loss widens to Rs 121 crore in April-June quarter
Hit by foreign exchange losses, compact disk maker Moser Baer India's (MBI) net loss has widened to Rs 121.9 crore for the quarter ended June 30, 2012, from Rs 92.21 crore in the same period last year.
