Latest KAPL News & Updates

CBI Arrests Managing Director of Karnataka Antibiotics and Pharmaceuticals Limited in Bribery Case

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Bengaluru/New Delhi, July 16 (IANS) The Central Bureau of Investigation (CBI) on Thursday arrested Anurag Danayak, Managing Director of Karnataka Antibiotics and Pharmaceuticals Limited (KAPL), a Central Public Sector Enterprise, in connection with an alleged bribery case involving the renewal of a service agreement and allotment of additional institutions.According to the CBI, Danayak was caught red-handed in a trap operation conducted in Noida on July 15 while allegedly accepting Rs 5 lakh as …