CBI books former Aircel promoter's firms in â¹600 cr fraud
The CBI has filed a case against former Aircel promoter C Sivasankaran's companies, Win Wind and Axcel Sunshine, for allegedly defrauding IDBI bank of â¹600 crore. The agency is conducting searches at 50 locations, including the residences of former senior IDBI officials. Sivasankaran allegedly took a loan of â¹530 crore in February 2014, which increased to â¹600 crore.