IL&FS probe: PMLA court grants bail to ABG Shipyard chairman Rishi Aggarwal, wifeThe Enforcement Directorate (ED) probing the case has accused Aggarwal and his companies of causing loss of over Rs 2,000 crore to IL&FS Fi...
CBI: ABG siphoned off borrowed funds on ex-chairman's orderThe agency alleged that a large part of the borrowed money "has been moved out of India in violations of the sanctioned terms and condition...
ABG Group's founder-chairman Rishi Agarwal arrested in Rs 22,842-crore fraud caseAgarwal, the then CMD, was booked along with the company in February. Besides Agarwal, the then Executive Director Santhanam Muthaswamy, Di...
The ABG Shipyard scam: Inaction on red flags as India’s biggest bank fraud unfoldedABG Shipyard, now credited with India’s biggest bank fraud, created a web of transactions to cheat a consortium of 28 banks of Rs 22,842 cr...
ABG Shipyard, its directors booked over Rs 22,842-crore scam; biggest fraud registered by CBIAs many as 28 banks and financial institutions were victims of the alleged scam, as per the report. Funds given by these bodies were used f...
Sebi disposes of case against ABG ShipyardABG Shipyard is undergoing insolvency proceedings.
ABG Shipyard initiates liquidation process under IBCABG Shipyard owes about Rs 17,000 crore to the lenders.
ABG Shipyard Q1 net loss widens to Rs 948.2 croreABG Shipyard, the flagship firm of the ABG Group, today said its consolidated net loss has widened to Rs 948.2 crore for the first quarter ...
KKR backs SIMEC to buy out ABG Cement; Rs 900-crore funding to help complete 5.8-million tonne unit in GujaratThe first leg of the ‘special situations’ transaction will see KKR fund SIMEC to pick up a 51% controlling stake in ABG Cements for Rs 525 ...
ABG Shipyard Q4 net loss widens to Rs 375 croreABG Shipyard Ltd reported a mani-fold rise in standalone net loss at Rs 374.86 crore for the quarter ended March 31 due to massive fall in ...
Promoters of troubled ABG Shipyard approach Mahindra Group, Adani to sell stakeIt has delivered more than 160 vessels for domestic and international clients largely focusing on bulk carriers and offshore and jack up ri...
ICICI Prudential Life sells shares of ABG Shipyard for over Rs 15 croreABG Shipyard is the flagship company of the ABG Group and has so far built and delivered more than 160 ships for domestic and international...
- ABG Shipyard's net profit falls 60%, revenue also down
ABG Shipyard on Wednesday said that the company's net profit during the October-December quarter fell by 60% to Rs 18.62 crore as against R...
- ABG Group said be in talks to sell prime Worli land
The senior management has, however, denied any such move. For a residential project, the land parcel holds development potential of up to 1...
- Kolkata Port Trust hopes to resolve issues with ABG Group
The Kolkata Port Trust is working to resolve issues with the ABG Group pertaining to their threat of withdrawing operations from Haldia, a ...
- Seeing 30% growth this year: Dhananjay Datar, ED & CFO, ABG Group
In an interview with ET Now, Dhananjay Datar, ED & CFO, ABG Group, talks about their quarterly performance, the kind of numbers they are lo...
- ABG group co, Tano Capital acquire Italy's Cemp SpA
ABG Engineering & Constructions Ltd, along with Tano Capital, has entered into an agreement to acquire Cemp SpA, Italy, for an enterprise v...