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Riches To Rags: Jet Airways, once one of the biggest airlines in India, was founded by Naresh Goyal. But because of its high operational costs and stiff competition, the airline experienced financial difficulties. The airline was shut down in 2019, and Goyal resigned as chairman at the same time. He is currently engaged in legal disputes over unpaid fees and fraud allegations. ....
Biggest Indian Banking Fraud: Vijay Mallya tricked banks into granting loans by putting up poor collateral since he was in desperate need of money. The 9,000 crore swindle became public knowledge once it became clear that Kingfisher had plummeted despite his attempts. Mallya emigrated from India and is now looking for safety in the UK. The extradition process is now in motion. ....
Malay Debnath Success Story: The proprietor of Debnath Caterers and Decorators, who began his life from nothing in the national capital, has now amassed a personal fortune of Rs 200 crore and owns assets throughout the nation, including tea gardens. He manages pantries on six trains in addition to his catering business. ....
Malay Debnath Success Story: The proprietor of Debnath Caterers and Decorators, who began his life from nothing in the national capital, has now amassed a personal fortune of Rs 200 crore and owns assets throughout the nation, including tea gardens. He manages pantries on six trains in addition to his catering business. ....
Biggest Indian Banking Fraud: The arrest of Nirav Modi by London police in 2019 for his suspected participation in massive financial irregularities connected to the Punjab National Bank (PNB), which involved thousands of crores, marked the beginning of Modis collapse. ....