Sun, Nov 20, 2022
The CBI has mentioned that huge amounts were allegedly transferred by the accused to its related parties and subsequently adjustment entries were made.
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Wed, Sep 21, 2022
The SBI with an exposure of Rs 2,468.51 crore was part of a consortium of 28 banks and financial institutions led by ICICI Bank, the officials said.
Wed, Feb 16, 2022
India's biggest banking fraud related to ABG Shipyard will now be probed by the Ministry of Corporate Affairs (MCA) as well, Zee Business' Tarun Sharma reports.
Mon, Jun 11, 2018
ABG Shipyard, Jaypee Infratech, Bhushan Steel, Amtek Auto, Ruchi Soya, Alok Industries, Viceroy Hotels, Orchid Pharma, and Mandhana Industries are some of the companies that have been included in the ASM list.
Mon, Jun 19, 2017
RBI had asked bankers to bring the identified 12 defaulters before NCLT by the end of this month.
Mon, May 22, 2017
Three private sector companies -- Reliance Defence and Engineering Limited (RDEL), Larsen & Toubro (L&T) and ABG Shipyard -- were in race initially for the mega project but ABG was disqualified on account of poor financial health.
Tue, Jan 17, 2017
The company is in discussion with various parties which may be prospective investor.
Wed, Oct 19, 2016
Russian firm has received all internal approvals for this deal.
Thu, Oct 06, 2016
“The company’s board has agreed to invite suitable bid from the prospective investor and negotiate the deal including best price,” it said.
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