May 18, 2016 2:21 am
According to an investigative audit by the lenders, Zoom allegedly diverted loan funds to 350-odd subsidiaries, related parties based in India and abroad, and to purchase jewellery for the wife of its promoter Chaudhary.
December 17, 2015 9:39 am
The Indian Express sent a detailed mail to all the banks that have an exposure to Zoom Developers, but none of them responded.
December 03, 2015 2:42 am
Chaudhary's name was proposed and seconded by members of all the parties, including JD(U), RJD, Congress, besides opposition BJP, Hindustani Awam Morcha and LJP.
July 18, 2014 3:44 pm
Faisal had also mentioned about SIMI's design to collect funds through bank dacoities in various parts of the country.