CBI Books Former Aircel Promoter C Sivasankaran's Companies In Rs 600-Crore Loan Fraud

New Delhi: The CBI has registered a case against former Aircel promoter C Sivasankaran's companies, Axcel Sunshine Ltd and Finland-based Win Wind Oy, for allegedly defaulting on loans worth Rs 600 crore taken from IDBI Bank, officials said on Thursday. They said the agency is carrying out searches at 50 locations, including the residences of former senior IDBI Bank officials. The searches are spread across Delhi, Mumbai, Faridabad,...