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Subhiksha was an Indian retail chain with 1600 outlets selling groceries, fruits, vegetables, medicines and mobile phones. It began operations in 1997, and was closed down in 2009 owing to financial mismanagement and a severe cash crunch.
Nov 25, 2023 · R Subramanian, the founder of the retail chain Subhiksha and an alumnus of IIT with a degree from IIM, has been sentenced to a 20-year prison term for defrauding investors.
Nov 24, 2023 · R. Subramanian, the promoter of the retail venture Subhiksha, an alumnus of IIT and a graduate from IIM, has been sentenced to 20 years in prison for defrauding investors.
Nov 26, 2023 · R Subramanian, the founder of the retail chain Subhiksha and an IIT alumnus with an IIM degree, has been sentenced to a 20-year prison term for defrauding investors.
Nov 24, 2023 · R Subramanian, founder Subhiksha, Retail Chain, holding food packs, at outlet in Chennai, India. Synopsis. A special court in Chennai has handed out a 20-year prison sentence to R Subramanian for duping hundreds of investors of Viswapriya India and siphoning off their investments through numerous shell companies.
Nov 27, 2023 · A special court in Chennai has sentenced R Subramanian, the founder of the retail chain Subhiksha, to 20 years in prison for duping hundreds of investors of their hard-earned money. The court convicted Subramanian and his associates under the Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act.
Nov 25, 2023 · R. Subramanian, the mastermind behind the retail giant Subhiksha, has been sentenced to 20 years in prison for orchestrating a sophisticated fraud that duped hundreds of investors.
Jan 22, 2024 · For defrauding investors, R Subramanian, the founder of the retail chain Subhiksha and an IIT alumnus with an IIM degree, was given a 20-year prison sentence.
The Enforcement Directorate (ED), Chennai, on Wednesday arrested R. Subramanian, promoter and managing director of Subhiksha Trading Services Limited, in a bank fraud case.
Jan 18, 2022 · R Subramanian, formerly the founder of retail outlet chain Subhiksha, has been sentenced to two months' simple imprisonment along with a fine of Rs 2,000.