The travel company submitted manipulated records to get credit facilities from Yes Bank, officials said.
According to the doctrine, a non-signatory to an arbitration agreement could be made party to an arbitration dispute if they are a member the group of companies.
CRISIL has assigned a CRISIL SME fundamental grade of 'SME 3/5' to the proposed IPO of VKC Credit and Forex Services Ltd (VKC). This SME fundamental grade indicates that the fundamentals of the company are good compared to other SMEs in India.
In CNBC-TV18's popular show Bull's Eye, Pankaj Jain, Sunteck Wealthmax shares trading strategy of the day.
Mehraboon Irani Of Nirmal Bang Securities is of the view that buy Cox and Kings at around Rs 180-190.
Travel firm Cox and Kings today said it has acquired a stake in US-based travel company Radius for an undisclosed amount.
Cox and Kings has declared its fourth quarter results. The company's Q4 FY11 consolidated revenues was up 16% at Rs 159 crore versus Rs 137 crore.