Kanpur | Vikram Kothari, managing director of Rotomac Group, passed away in Uttar Pradesh’s Kanpur on Tuesday morning. Kothari, who was one of the big businessmen who had launched Pan Masala and Rotomac Pen, breathed his last at his residence in Tilak Nagar in the city. The servants in the house first reported his death to […]
Tag: Vikram Kothari
Vikram Kothari granted eight-week conditional bail
Lucknow | The Lucknow bench of Allahabad High Court on Friday granted an eight-week bail with certain conditions to jailed Rotomac chairman Vikram Kothari. The bail was granted by the bench of Justice A.R. Masoodi in view of the frail health of the Kanpur-based businessman, who has been accused of fraud and defaulting on loan […]
Rotomac owner’s prosecution in six cases, says I-T Department
New Delhi : The Income Tax Department on Monday said it has filed six cases for the prosecution of Rotomac owner Vikram Kothari in connection with the Rs 3,695 crore bank loan default case involving Bank of Baroda. A senior I-T official told IANS: “We have filed six prosecution cases against Vikram Kothari, owner of […]
Rotomac Chief, son sent to transit remand, IT seizes 12 bank accounts
New Delhi : A CBI court on Friday sent Rotomac owner Vikram Kothari and his son Rahul to one-day transit remand while the Income Tax department seized 12 bank accounts of the group and issued six prosecution against the businessman in connection with the Rs 3,695 crore loan default. Additional Chief Metropolitan Magistrate Samar Vishal […]
CBI arrests Rotomac firm owner Vikram Kothari, son
New Delhi : The CBI on Thursday arrested Rotomac pen company owner Vikram Kothari and his son Rahul on charges of cheating a consortium of banks of Rs 3,695 crore (including interest) by siphoning off loans sanctioned to his company for procurement of wheat and other goods for export. The agency arrested them after daylong […]
CBI arrests Rotomac firm owner Vikram Kothari, son
New Delhi : The CBI on Thursday arrested Rotomac pen company owner Vikram Kothari and his son Rahul on charges of cheating a consortium of banks of Rs 3,695 crore (including interest) by siphoning off loans sanctioned to his company for procurement of wheat and other goods for export. The agency arrested them after daylong […]
CBI questioning enters 4th day in Rotomac case
New Delhi : The CBI on Thursday continued questioning Rotomac owner Vikram Kothari and his son Rahul in connection with the Rs 3,695 crore loan default case. A senior Central Bureau of Investigation (CBI) official confirmed that the two were being questioned again on Thursday. This is the fourth consecutive day of their questioning. On […]
Rotomac owner, son being questioned in Delhi
New Delhi : The CBI on Wednesday said Rotomac owner Vikram Kothari and his son Rahul were at its headquarters here and were still being questioned in connection with a Rs 3,695 crore loan default case. A senior Central Bureau of Investigation (CBI) official told IANS: “Kothari and his son (Rahul) arrived in Delhi on […]
CBI raids on Rotomac’s Kanpur premises continue
Kanpur : CBI teams on Tuesday continued their searches for the second day in a row at the Kanpur-based house and premises of Rotomac owner Vikram Kothari, involved in a multi-crore loan default case. Informed sources said that mobile phones of all members of the Kothari family and even that of his staff and domestic […]
CBI continues raids in Rotomac case
New Delhi/ Kanpur : The CBI on Tuesday continued raids at the same three locations in Kanpur for the second consecutive day as it probed a multi-crore loan default by Rotomac Pen’s chief Vikram Kothari. The Central Bureau of Investigation again questioned Kothari along with his wife. The raided places included office and residential premises […]