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Industrial Credit And Investment Corporation Of India Ltd

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ED raids 26 locations in ABG Shipyard bank fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

Bank fraud: ED registers money laundering case against ABG Shipyard

The Enforcement Directorate has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of 28 banks of......

Saudi-Indian bromance: What next?

'We began foolishly bragging about Saudi-Emirati investment plans as indicative of the sheikhs 'distancing' from Pakistan, including on Kashmir,' notes Ambassador M K Bhadrakumar. IMAGE: Prime......

Cyrus Mistry: The Wise Young Owl

'Cyrus was always very different. He would think before acting.'An exclusive excerpt from Changing Skylines: The Shapoorji Pallonji Sesquicentennial 1865-2015. Illustration: Dominic......

India, Russia ink key pact for 2 nuclear power units

The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and......

Foreign investment in Indian corporate bonds hits 10-year high in May

Foreign investment in bonds issued by Indian corporates touched a 10-year high in May at Rs 20,996 crore, driven by $3.35 billion fundraise by the Shapoorji Pallonji (SP) group, which saw infusion......

M&A financing the new frontier for banks, but RBI's watching

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models. Illustration: Uttam Ghosh/Rediff Ask Debadatta Chand about his plans......

It's time to get started, put money in deals: M&A financing opens up

Bank financing of M&As will be like any other business and only needs guardrails, report Raghu Mohan, Ishita Ayan Dutt and Abhijit Lele. Illustration: Uttam Ghosh Recently, State Bank of India......

SBI@70: Who Says The Elephant Can't Dance?

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.Between FY18 and FY24, it doubled its balance sheet. Despite being a late......

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January–March quarter of 2024-25, owing to......

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