Ajay Singh Successful Bidder for India’s Eastern Silk Industries

DUBAI, UAE — Ajay Bikram Singh, owner of Baumann Dekor in Gmund, Austria, was the successful bidder this past February for purchasing Kolkata, India based Eastern Silk Industries Ltd. (ESIL) at a bankruptcy sale. It should be stated clearly that while Singh is the common denominator between several businesses, each business is a separate and distinct corporation. Singh also owns...