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Friday, July 25, 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

India uses BRICS to push reforms—not to challenge the US

India has been pleading for long to bring reforms in institutions like the United Nations, IMF, and World Bank, which it believes are West-dominated and don’t reflect current global realities.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

DRDO successfully tests latest version of UAV-launched precision missile, ULPGM-V3

Capable of being fired in plain and high-altitude areas, it has day-and-night capability and two-way data link to support post-launch target, aim-point update.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.