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ABG Shipyard Ltd builds a range of commercial vessels. These include self-loading and self-discharging bulk carriers , container ships , floating cranes , split barges , anchor handling tugs , dynamic positioning ships, offshore supply vessels and diving support vessels .
ABG Shipyard Share Price: Find the latest news on ABG Shipyard Stock Price. Get all the information on ABG Shipyard with historic price charts for NSE / BSE.
Feb 19, 2022 · ABG Shipyard, which just about a decade ago called itself India’s largest shipbuilding and ship repair company in the private sector, saw an accelerated fall in its financial well-being after...
Feb 16, 2022 · India Business News: At Rs 22,892 crore, the ABG Shipyard fraud is much bigger than the one perpetrated by Nirav Modi and his uncle Mehul Choksi who had allegedly cheated.
Feb 17, 2022 · Once considered a powerhouse in shipbuilding with an order book of Rs 16,600 crore, Gujarat’s ABG Shipyard is now under probe for fraud. On a complaint by State Bank of India, the CBI recently booked ABG Shipyard, its directors, and ABG International Pvt Limited for allegedly causing losses of Rs 22,842 crore to a consortium of 28 banks.
Jan 17, 2024 · ABG Shipyard Ltd, accused in India's biggest bank fraud case, created 27 "paper companies" and used 38 Singapore-based group entities to divert funds borrowed from ICICI Bank-led lenders. The Enforcement Directorate's chargesheet reveals that the diverted funds were transferred to Singapore and invested in tax havens.
Feb 16, 2022 · ABG Shipyard, India’s largest private ship building company is in the news, not for the news of a new project but for perpetrating the country’s biggest banking scam in history.
