Sterling Biotech
NCLAT allows promoters of insolvent Sterling Biotech to regain control
05 Sep 2019
For regaining control of the firm under liquidation, the NCLAT said promoters of companies facing bankruptcy proceedings must make full payment to lenders
ED attaches Sterling Biotech assets worth Rs9,778 cr in bank fraud case
27 Jun 2019
Promoters of Sterling Biotech diverted loan funds for non-mandated purposes, layered and laundered through a web of multiple domestic as well as offshore entities, siphoned off loan funds to finance their Nigerian oil business, and even used these for their personal purposes, the ED stated
Sterling Bio director Nitin Sandesara, family flee Rs5,000-cr fraud probe
25 Sep 2018
CBI and the ED had, last year, booked five directors of Gujarat-based Sterling Biotech, besides chartered account Hemant Hathi, former Andhra Bank director Anup Garg and some others for cheating banks to the tune of Rs5,300 crore but does not have any clue now about their whereabouts
Sterling Biotech acquires gelatin unit in China
By | 08 Sep 2007
Sterling Bio to acquire gelatin company in China
26 Sep 2006
Rallis India to focus on agrochemicals
By Nisha Das | 07 Feb 2004
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
