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    Moser Baer

    Moser Baer

    Deepak Puri is the founder, Chairman and Managing Director of Moser Baer, which was liquidated in 2018 due to insolvency.Puri initially worked as junior executive with the oil company ESSO - in 1962 at Kolkata, and later with Shalimar Paints.

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    Ratul Puri in 14-day custody in bank fraud case
    National

    Ratul Puri in 14-day custody in bank fraud case

    A Delhi Court on Tuesday remanded Ratul Puri to 14-day judicial custody till September 17 in connection with the MoserBaer bank fraud case. Special CBI Judge Sanjay Garg passed the custody order after the Enforcement Directorate (ED) said it didn't need his further custodial remand.

    Ratul Puri case: Bank fraud figure to cross Rs 1,400 cr
    National

    Ratul Puri case: Bank fraud figure to cross Rs 1,400 cr

    The Enforcement Directorate (ED) probe involving Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, arrested in a money laundering case, has revealed that the amount of the bank fraud is approximately Rs 1,492 crore, much higher than Rs 354 crore as mentioned by the Central Bank of India in its complaint.

    Ratul Puri case: Bank fraud figure to cross Rs 1,400 cr
    National

    Ratul Puri case: Bank fraud figure to cross Rs 1,400 cr

    The Enforcement Directorate (ED) probe involving Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, arrested in a money laundering case, has revealed that the amount of the bank fraud is approximately Rs 1,492 crore, much higher than Rs 354 crore as mentioned by the Central Bank of India in its complaint.

    ED arrests MP CM's nephew Ratul Puri for bank fraud (2nd Lead)
    National

    ED arrests MP CM's nephew Ratul Puri for bank fraud (2nd Lead)

    The Enforcement Directorate on Tuesday arrested Madhya Pradesh Chief Minister Kamal Nath's nephew Ratul Puri, the former Executive Director of Moser Baer, in connection with a Rs 354 crore bank fraud case filed by the Central Bank of India.

    Arrest of Ratul Puri 'unfortunate'; case is motivated: Moser Baer
    National

    Arrest of Ratul Puri 'unfortunate'; case is motivated: Moser Baer

    Calling the arrest of its former executive director Ratul Puri by Enforcement Directorate (ED) as "unfortunate", Moser Baer on Tuesday said that the company had operated in accordance with all legal compliances while adding that the case is 'motivated.'

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