Bank fraud: ED registers money laundering case against ABG Shipyard

The Enforcement Directorate has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of 28 banks of......

Nirav Modi has been dethroned!

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing......

FIPB clears 16 FDI proposals worth Rs 1,647 cr

The government has approved 16 projects envisaging foreign investment worth Rs 1,647 crore (Rs 16.47 billion), while deferring Punj Lloyd's proposals for lack of security clearance. "Based on the......