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ETHIOPIAN COMMERCIAL BANK
CBI books IL&FS Transportation, Spanish subsidiary for diverting funds in Ethiopian road contractThe Central Bureau of Investigation (CBI) has registered a new FIR against IL&FS Transportation Network Ltd and its subsidiary Elsamex SA f...- China widens presence in Indian Ocean through massive inroads in DjiboutiChina chose Djibouti for setting up a military base in the guise of securing its communication cables in the sea and ships from attacks and...
- Jet delays bank payments, puts ‘own planes’ in dangerJet reached out to the MNC banks with the hope they would not pull the trigger.
- IL&FS staffers stay captive in Ethiopia as bank raises hurdleIL&FS employees in Ethiopia have also alleged that the Indian embassy was completely ineffective.
- IL&FS OKs a month’s pay to Ethiopia staff, expats still hostageExim Bank had invoked guarantee amount $31.7 million and guarantee commission of over $285,000 due to the problems at the IL&FS Group, whic...
- Why Ethiopia has emerged as the new hotspot of Africa?Ethiopia emerges as a destination, showcasing its glorious antiquity — from the ruins of Aksum to the rock-hewn churches of Lalibela.
- Ramakrishna Karuturi: Man behind Karuturi Global - world's largest producer of cut rosesAs he tries to make the most of a new opportunity in Ethiopia, Ramakrishna Karuturi faces his biggest challenge yet.
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