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Grapevine: Hindalco mulls IPO for Novelis; Welspun Corp may sell ABG Shipyard land
09 May 2024 05:25 GMT
Credit: Pixabay
Hindalco Industries Ltd is contemplating a significant initial public offering (IPO) for Novelis Inc., its US-based subsidiary for making aluminum products, aiming to raise approximately $1.2 billion, a media report said
Hindalco is eyeing …
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India's biggest bank fraud case: How ABG Shipyard steered the scam ship to divert funds
17 Jan 2024 04:15 GMT
ABG Shipyard Ltd, the Gujarat-based …
The central agency alleged that ABG Shipyard's founder-chairman, Rishi … said.
According to the ED, ABG Shipyard received an advance payment of … lenders had given loans to ABG Shipyard to meet its working capital …
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ABG Shipyard Exposes Bankruptcy Law: Write-off Wonderland or Debt Recovery Disaster
20 Dec 2023 08:56 GMT
… the fresh raids on ABG Shipyard Ltd, by the enforcement … raids on ABG Shipyard are important. For starters, ABG Shipyard was one …
Rishi Agarwal, founder of ABG Shipyard, owes Indian banks a massive … flags. For starters, ABG Shipyard had exhausted its borrowing …
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ED searches 7 locations linked to ABG Shipyard in Rs22,842 crore bank fraud case NationalCrime
30 Nov 2023 11:14 GMT
… Rs 22,842 crore involving ABG Shipyard Limited and others.
… by the CBI against ABG Shipyard Ltd and others for … its probe revealed that ABG Shipyard and its group companies … capital expenditure etc.
“However, ABG Shipyard and its group companies utilised …
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ED searches at 7 premises linked to ABG Shipyard case, seizures worth ₹5 crore
29 Nov 2023 21:47 GMT
… ;family members related to ABG Shipyard Ltd and its related … approximately ₹5 crore. ABG Shipyard is accused of cheating … capital expenditure etc.
However, ABG Shipyard Ltd. and its group … laundering,” the statement added. ABG Shipyard, the flagship company of …
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ED searches 7 locations linked to ABG Shipyard in Rs 22,842 cr bank fraud case
29 Nov 2023 22:19 GMT
… Rs 22,842 crore involving ABG Shipyard Limited and others.
The … by the CBI against ABG Shipyard Ltd and others for … its probe revealed that ABG Shipyard and its group companies … capital expenditure etc.
“However, ABG Shipyard and its group companies utilised …
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ED seizes ₹5-crore worth cash, jewellery after fresh searches against ABG Shipyard
29 Nov 2023 19:25 GMT
… after fresh searches against ABG Shipyard and others as part … family members related to ABG Shipyard Ltd and its related group … led by ICICI Bank.
ABG Shipyard and its group companies … purposes, it said.
However, ABG Shipyard and its group companies …
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India News | ED Conducts Search Operations at Several Locations in Case of ABG Shipyard Limited
29 Nov 2023 19:44 GMT
… family members related to ABG Shipyard Ltd and its related … Investigation, New Delhi against ABG Shipyard Ltd and others for … .ED investigation revealed that ABG Shipyard Ltd and its group … and Bank Guarantee.
However, ABG Shipyard Ltd. and its group companies …
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ED seizes cash, jewellery worth Rs 5 crore after recent searches against ABG Shipyard
29 Nov 2023 18:06 GMT
… family members related to ABG Shipyard Ltd and its related group … after fresh searches against ABG Shipyard and others as part … family members related to ABG Shipyard Ltd and its related … purposes, it said.
However, ABG Shipyard and its group companies …
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ABG Shipyard scam: Delhi HC stays banks' decision declaring Rishi Agarwal's account as fraud
06 Jun 2023 07:56 GMT
… , the CBI had booked Agarwal, ABG Shipyard Limited and others in an …