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Thursday, August 14, 2025
TopicCox and Kings

Topic: Cox and Kings

From global travel & tourism empire to liquidation, promoter in jail: The fall of Cox & Kings

Agencies have filed at least 10 cases against promoter Peter Kerkar & ex-CFO Anil Khandelwal. Overspending, money siphoned off through shell companies led to bankruptcy, it’s alleged.

ED arrests Cox & Kings’ ex-CFO, former internal auditor in connection with Yes Bank case

The ED said its investigation found that Yes Bank had a total outstanding amount of Rs 3,642 crore in respect of Cox & Kings Group of Companies.

Cox & Kings created layers of onshore and offshore subsidiaries to siphon off money: ED

Enforcement Directorate searches premises of top Cox & Kings Group officials under PMLA, in connection with the Rs 3,642-crore Yes Bank fraud case.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.