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......

Can India Be A 'Vishwaguru'?

Many of the stories, the pictures going out of India worldwide lately with these provocative processions, taunting of Muslims, bulldozers targeting mostly their properties, the sweeping 'othering'......

Can the Taliban Survive?

The US intends first to cripple the Afghan government financially through sanctions, freezing of assets, denial of access to international banking, etc, and then proceed to do pretty much what it......

'Banks are actively working on several IPOs'

'The deal pipeline across products is robust for 2024.' Illustrations: Dominic Xavier/Rediff.com India witnessed robust activity in the equity capital market in 2023, and this momentum is......

Largecap, midcap cutoff surges over 26% in latest Amfi classification

The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. Illustration: Dominic Xavier/Rediff.com On the......

Who is India's BIGGEST wealth creator?

Reliance Industries Ltd was the biggest wealth creator during the five-year period from 2018 to 2023 while Adani Enterprises Ltd was the top all-round wealth creator, according to a study by......

UK's banks have Brexit shock absorbers

A 2008-style bank run seems unlikely, but if it did happen, the sector is much better prepared, says George Hay. IMAGE: People hold signs in Trafalgar Square during a 'Yes to Europe' rally for......

Ferrari, McLaren take a hit from Marussia collapse

A pit crew of Marussia, which Formula One driver Jules Bianchi of France belongs to, wipes his face as he cleans up the pit after the Japanese F1 Grand Prix at the Suzuka Circuit. Photograph: Yuya......

Chelsea to miss out on Battersea stadium

Champions League winner Chelsea Football Club will almost certainly fail in its bid to move its stadium to London landmark Battersea Power Station, a source close to the sale process said. About......

Soccer Extras: Reds not thinking of Barca loss, says Klopp

News of all that's transpired on and off the football field IMAGE: Liverpool's Mohamed Salah looks dejected on missing a scoring opportunity against Barcelona on Wednesday. Photograph: Albert......