Firm Loots Rs.1000 Crore From Banks For Developing Ranchi Expressway, CBI Files FIR

The Central Bureau of Investigation (CBI) booked management of the Ranchi Expressway Ltd, including its CMD K Srinivasa Rao, for causing a loss of over INR₹ 1,000 crore to a consortium of banks led by Canara Bank. The CBI filed an FIR against the Ranchi Expressway Ltd CMD K Srinivasa Rao, its directors N Seethaiah, […]