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ABG INTERNATIONAL
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...
ED register PMLA case in ABG Shipyard fraudET was first to report about the money laundering probe in the case. The report also named then executive director Santhanam Muthaswamy, di...
ABG Shipyard Ltd Scam: 98 companies were floated by the accused to divert funds, says CBIInvestigating one of the biggest bank frauds, the CBI earlier this month registered a case against the insolvent ABG Shipyard Ltd. and its ...
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...
Cash-strapped ABG shipyard close to selling controlling stake to Privinvest Holding SALPrivinvest is likely to buy up to 49% stake in ABG through fresh issuance of shares. This will trigger an offer for an additional 25% of eq...
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...
French firm Louis Dreyfus Armateurs serves global arbitration notice on IndiaThe company has invoked bilateral investment promotion and protection agreement (BIPPA) and the notice was served on March 31.
Lenders fret about ABG Shipyard loans, but may still clear recastLenders are wary of promoters' promises of equity investment in loan restructuring as past cases, including those of Kingfisher Airlines an...
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...
Tata’s pull up ABG Shipyard & Arshiya International for unpaid duesAccording to Tata Capital, under the RBI norms, the CDR process is not binding on NBFC’s like them.
ABG International buys ABG Shipyard shares for Rs 10 croreABG International on Tuesday picked up over three lakh shares of the company for Rs 10.13 crore through open market transaction.
- ABG International buys 2.45% stake in ABG Shipyard for Rs 50 cr
ABG International today raised its holding in the country's largest private shipbuilder ABG Shipyard by picking up additional 2.45 per cent...
ABG Shipyard plans Rs 7,000 crore investment in GujaratABG Shipyard plans to invest Rs 7,000 crore in Gujarat for setting up a new facility as well as augmenting capacity at two existing units.
- ABG to set up cement units in Gujarat
ABG International, which has a 56.16% promoter stake in ABG Shipyard, is setting up cement capacities totalling 4.6 million tonne in Gujara...
- ABG to set up greenfield yard on the east coast
ABG Shipyard, the largest private shipbuilder in the country, has decided to set up a big shipyard on the east coast. ABG is likely to spen...
- ABG sets sail with yet another big-bang order
Shipbuilding seems to be staging a comeback in India, especially large ships, with smaller shipyards taking the lead. India’s largest priva...