The real scam here is how these flaky companies are getting huge loans approved by Govt Banks (Punjab, SBI etc etc). Mostly political and corrupt nexus allows these loans by state banks and then let them write-off as NPAs and wash their hands. At the end of the day, it's the govt and in turn tax-payers (current and even future generations, as Indian govt will still owe debt to foreign banks/institutes) are getting defrauded.
Zee may not merge with Sony because Shirpur Gold Refinery did some fraud
I knew something is wrong with Zee. Didnt know what. Very good work Mr.Shree!
The real scam here is how these flaky companies are getting huge loans approved by Govt Banks (Punjab, SBI etc etc). Mostly political and corrupt nexus allows these loans by state banks and then let them write-off as NPAs and wash their hands. At the end of the day, it's the govt and in turn tax-payers (current and even future generations, as Indian govt will still owe debt to foreign banks/institutes) are getting defrauded.
Good article.
PNB lending money to scammers is old news
nice article. Thank you!
Waiting for next story?
Really nice to rich this one.
How you got to know that Ekmart is owned by Subhash Chandra? Any source would be helpful