Rotomac Global News

Companies

Rotomac case: I-T dept files dozen fresh chargesheets; attaches 3 accounts

The income tax department has filed the chargesheets against Rotomac and its owner Vikram Kothari for alleged tax evasion

1 min read27 Feb 2018
Companies

Income tax dept asks Rotomac group to pay Rs106 crore in taxes

IT raids conducted on Rotomac in 2014 and subsequent assessment proceedings had led to the detection of alleged income on which tax had not been paid

1 min read24 Feb 2018
Companies

CBI arrests Vikram Kothari, son Rahul in Rotomac bank fraud case

CBI had on Wednesday started questioning Rotomac Global owner Vikram Kothari at its Delhi headquarters in connection with alleged bank fraud

1 min read22 Feb 2018
Industry

Rotomac bank fraud: Banks showed gross misconduct, negligence, says Allahabad DRT

There appears to be a case of money laundering, fund diversion and the possibility of fictitious trading transactions, says Allahabad DRT of the Rotomac bank fraud

3 min read22 Feb 2018
Industry

The rise and fall of Rotomac’s Vikram Kothari

What seemed like an uninterrupted success story gave way to a contrary reality as Vikram Kothari finds himself accused of bank fraud case worth thousands of crores of rupees

2 min read20 Feb 2018
Industry

Rotomac bank fraud: Bank of Baroda has exposure of Rs456.6 crore

Bank of Baroda says the account of Rotomac Global was declared an NPA on 3 October 2015 and it has made 100 provisioning for the loan

1 min read20 Feb 2018

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

ICICI Bank

Shares of ICICI Bank had a drop of -0.45% to Rs. 852.05 at closing today.

2 Articles