E-PaperSandesara News
₹8,100 crore loan fraud: ED moves court for open-ended NBWs against Sterling Biotech owners
ED informs the court that it wants to approach Interpol for issuance of Red Corner Notice against Sterling Biotech Ltd directors Nitin Jayantilal Sandesara, Chetankumar Jayantilal Sandesara, Dipti Chetan Sandesara and Hiteshkumar Narendrabhai Patel
2 min read24 Dec 2018Sterling RP moves NCLT for possession of assets
Vishal Jain, the resolution professional for Sterling SEZ and Sterling International, has told the NCLT that it would be impossible to proceed with the resolution process without the assets
2 min read15 Nov 2018ED moves to declare Sterling group promoters fugitive offenders
ED files a plea under the Fugitive Economic Offenders Act in a special court against Sterling group promoters--Nitin Sandesara, Chetan Sandesara, Dipti Sandesara and Hitesh Patel
1 min read26 Oct 2018CBI vs CBI: Delhi HC seeks details of Rakesh Asthana’s FIR
CBI special director Rakesh Asthana has petitioned the Delhi high court for a dismissal of the CBI bribery probe against him
3 min read24 Oct 2018Sandesaras - the brothers who wanted to be oil kings
The Sandesaras began their entrepreneurial journey by setting up a tea company in the 1980s and their flagship company was Sterling Biotech, listed on Indian bourses
6 min read4 Oct 2018CBI moves Interpol for information on Sandesara
Gujarat-based brothers Nitin and Chetan Sandesara are promoters of Sandesara Group, which is accused of duping a consortium of banks of more than 5,000 crore
1 min read25 Sep 2018JSW Infra, Essar Ports, Royal Vopak among firms vying for Sterling Port
Sterling Port promoters hold close to 74% equity in the port project, while the remaining stake is held by Sterling Biotech, the group's publicly listed flagship company
3 min read4 Dec 2017ED raids 7 premises of Sterling Biotech in Delhi over Rs5,000 crore loan default case
Enforcement Directorate seizes documents, computer hard drives and CDs from associates of owners of Sterling Biotech in Rs5,000 crore money laundering probe
1 min read30 Nov 2017Lenders plan to bring strategic investor in Sterling Port
Srei Infrastructure Finance, Andhra Bank and Corporation Bank, have invited expressions of interest for the Sterling Port to recover their loans
2 min read17 Nov 2017Srei plans to acquire Sandesara group’s stake in Dahej port project
Srei Infrastructure Finance's acquisition move comes in the backdrop of Rs6,000 crore in loans of Vadodara-based Sandesara group turning bad
3 min read6 Mar 2017Popular 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