Kasliwal News

Companies

Reid & Taylor: NCLT refuses Kasliwals access to forensic audit copy

The KPMG audit had found that the promoters Nitin Kasliwal and family had siphoned off ₹3,524 crore from Reid & Taylor between Oct 2014 and Apr 2018NCLT to hear the matter afresh on February 19

2 min read28 Jan 2019
Companies

KPMG special audit finds Reid & Taylor promoters defrauded firm of ₹3,524 crore

The special audit has found that promoter Nitin Kasliwal had carried out fraudulent transactions worth 1,810.11 crore by undervaluing many inter and intra-company purchases and additional write-off of 1,713.88 crore without any evidence

2 min read7 Jan 2019
Companies

NCLT reserves order on Indiabulls’ insolvency plea against Shree Ram Urban

Indiabulls Housing Finance has approached the NCLT as the financial creditor of the Shree Ram Urban Infrastructure to recover over Rs900 crore

1 min read7 May 2018
Mint-lounge

Inside Gem Palace

How India's oldest jewellery house keeps the luxury story alive and evolving

9 min read19 Dec 2015
Companies

S Kumar’s retail investors do a U-turn on chairman Kasliwal’s ouster

Citing no reason, a group of investors led by Bharat Jayantilal Patel withdrew its resolutions demanding Kasliwal's ouster

6 min read1 May 2015
Companies

S. Kumars Nationwide now leaderless, banks need to take charge: IiAS

Retail investors own 91.46% of the company, while the promoter owns about 3.6% as on 31 December, 2014

2 min read17 Apr 2015
Companies

Textile firms eye global stage

Textile firms eye global stage

7 min read13 Sep 2010
Companies

S Kumars to sell minority stake in family holding firm

S Kumars to sell minority stake in family holding firm

4 min read12 Aug 2010
Companies

S Kumars draws up growth map for foreign, domestic businesses

S Kumars draws up growth map for foreign, domestic businesses

3 min read16 Sep 2009
Companies

S Kumars Nationwide set to acquire Italian shirtings firm

S Kumars Nationwide set to acquire Italian shirtings firm

2 min read11 Sep 2008
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