WebNov 14, 2016 · In the past Classic Pen Company had been the low-cost producer of black and blue pens and had profit margins over 20% of sales. Over the last five years Pen Co. decided to start producing red and purple pens. They require the same basic production technology but can be sold at 3% and 10% premium selling prices. WebFeb 19, 2024 · CBI has arrested and registered a case against Kothari and his family; the total amount of the fraud is alleged to be Rs 3,695 crore. New Delhi: Rotomac pens owner Vikram Kothari and his family have been taken into CBI custody for questioning, following allegations of fraud.Acting on a complaint by the Bank of Baroda, the CBI registered a …
Rotomac - Manufacturer from Kanpur, India About Us - IndiaMART
WebROTOMAC SCAM WHAT IS THE SCAM? Rotomac Global Pvt Ltd, engaged in intermediary trade and manufacturing pens Rotomac routinely approached seven banks, including Bank of Baroda's (BoB's) international business branch at The Mall, Kanpur, seeking credit ranging from Rs 15 crore to Rs 200 crore from 2008 to 2013,for exports and imports BoB alone … WebRotomac Pens (guj) Private Limited is a Private incorporated on 31 August 2004. It is classified as Non-govt company and is registered at Registrar of Companies, Kanpur. Its … iron in tuft
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WebFeb 21, 2024 · NEW DELHI: The Enforcement Directorate (ED) today said it had notified all the land, sea and airports in the country to prevent the exit of the promoter of Rotomac pens, Vikram Kothari, and his ... WebNov 16, 2024 · The CBI has charged Kanpur-based Rotomac Global and its directors for ₹ 750.54 crore for alleged fraud in Indian Overseas Bank, officials said. The company, which was in the business of writing ... WebFind here Pens, Pocket Pen manufacturers, suppliers & exporters in India. Get contact details & address of companies manufacturing and supplying Pens, Pocket Pen, Writing Pen across India. iron in the industrial revolution