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  1. 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.

  2. Nov 24, 2023 · At the peak of his prowess in the 2000s, IIT and IIM-educated R Subramanian had charmed marquee private equity investors and billionaire family offices into attractive investment deals in his retail venture Subhiksha Trading Services.

  3. 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.

  4. 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.

  5. 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.

  6. Nov 25, 2023 · CHENNAI: A unicorn in the business world in the 1990s and a high flyer by the 2000s, IIT (Madras) -IIM (Ahmedabad) educated R Subramanian, widely known for his supermarket chain ‘Subhiksha’ — which was the country’s largest grocery and pharmacy retailer at one point in time — has been sentenced to 20 years of jail by a special court ...

  7. Nov 27, 2023 · Subhiksha founder R Subramanian's journey: From IIT-IIM to 20 years in prison. Subramanian has confessed to defaulting on over ₹137 crores to depositors of all schemes. He has not voluntarily deposited any money in the past ten years to repay any of his 587 investors. The Federal. 27 Nov 2023 8:27 AM GMT.