is engaged in developing cutting edge technological solutions for the diamond industry.
Raja, Dravida Munnetra Kazhagam MP Kanimozhi, DMK leader M Karunanidhi's wife Dayalu Ammal, STPL
promoters Shahid Usman Balwa and Vinod Goenka and 14 others, including nine firms, are facing trial in the case.
STPL, however, benefits from its promoters' industry experience.
Incorporated in 2000, STPL produces polyester yarn.
STPL reported a net loss (on a provisional basis) of Rs.
Prakash Rakholia, Director of Marketing at STPL
, announced that "Now onwards, this new Laser Diode Module is available with 3 years warranty.
Through STPL, we are ensuring that not only these customers' credit needs are met, but also helping build their credit profile for the future," said Naveen Kukreja, CEO and Co-founder, Paisabazaar.
STPL has enabled us to partner with fintechs and together, we have leveraged the best technologies to not just offer borrowers a range of great products but a delightful experience," said Gaurav Aggarwal, Head, Unsecured Loans, Paisabazaar.
Besides Raja, Kanimozhi and Dayalu, STPL
promoters Shahid Usman Balwa and Vinod Goenka and 14 others, including nine companies, are facing trial in the case, in which ED has named 30 persons as prosecution witnesses.
Besides STPL, the ED also named as accused Kusegaon Realty Pvt Ltd (formerly known as Kusegaon Fruits and Vegetables), Cineyug Media and Entertainment Pvt Ltd (formerly known as Cineyug Films Pvt Ltd), Kalaignar TV Pvt Ltd, Dynamix Realty, Eversmile Construction Company Pvt Ltd, Conwood Constructions and Developers (P) Ltd, DB Realty Ltd and Nihar Constructions Pvt Ltd.
The chargesheet said the amount of ` 200 crore, allegedly paid on behalf of Raja in lieu of illegal favours given to STPL for grant of spectrum licence, was repaid with additional money to show it was a legal transaction.
It is wrong to suggest that STPL
was a shell company of my group," Ambani told the court.