The Supreme Court on Tuesday granted bail to Uday J Desai, a director of Frost International Ltd, in the alleged Rs 7,500 crore financial fraud committed by Rotomac group of companies with public sector banks and other institutions.A bench comprising Justices Sanjay Kishan Kaul and Hrishikesh Roy granted bail to Desai on medical grounds. Additional Solicitor General Aishwarya Bhati, appearing...
