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ED raids 26 locations in ABG Shipyard bank fraud case

 The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

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......

Ola Electric's Rs 6,145-cr IPO fully subscribed on Day 2

 The Rs 6,145-crore initial public offer of electric two-wheeler company Ola Electric Mobility got fully subscribed on the second day of bidding on Monday, driven by demand from retail investors and......

Who Will Admit To Committing Fraud?

 Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money.Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.......

LIC IPO to hit markets by March

 The government will launch the mega public offer of LIC by March and file draft papers with market regulator Sebi by the end of this month, an official said. Finance Minister Nirmala Sitharaman......

What was Pratip Chaudhuri's crime?

 The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.......

Franklin Templeton MF unitholders to get Rs 3,303 cr in fifth tranche

 SBI Funds Management (SBI MF) will distribute the fifth tranche of Rs 3,303 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes during the week beginning Monday. With......

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