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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......

Electoral bonds: 20th phase of sale to begin from April 1

The government on Wednesday approved issuance of the 20th tranche of electoral bonds that will open for sale from April 1 to 10. Electoral bonds have been pitched as an alternative to cash......

Two-day all India strike from Monday may hit essential services

Some of the essential services related to banking, transportation, railways and electricity are likely to be impacted during a two-day nationwide strike called by a joint forum of central trade......

Maharashtra among states to delay CBI probe into ABG Shipyard: Govt

The government on Tuesday said investigations in the ABG Shipyard case were delayed because some state governments including Maharashtra had withdrawn the agency's power to probe and their approval......

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......

LIC with m-cap of Rs 5.54 lakh cr is fifth most valued Indian company

The country's largest insurer LIC is the fifth most valuable company in the country with a market capitalisation of about Rs 5.54 lakh crore. Illustration: Uttam Ghosh/Rediff.com Life Insurance......

SBI hikes lending rate by 0.1%, EMIs to go up

The country's largest lender State Bank of India has raised its marginal cost of funds based lending rate by 10 basis points or 0.1 per cent across all tenures, a move that will lead to an increase......

Mcap of 8 top firms tumbles over Rs 2.48 lakh cr

Eight of the 10 most valued companies suffered a combined erosion of Rs 2,48,372.97 crore in their market valuation last week in line with a weak broader market trend, with Reliance Industries......

Reliance top-ranked Indian firm on Forbes Global 2000 list

Billionaire Mukesh Ambani's Reliance Industries Ltd climbed two spots to No. 53 on Forbes' latest Global 2000 list of public companies worldwide. Photograph: PTI Photo Forbes Global 2000 ranks the......

SBI Q4 profit jumps 41% to Rs 9,114 cr on fall in bad loans

The country's largest lender SBI on Friday reported a 41 per cent surge in standalone net profit at Rs 9,114 crore for the fourth quarter ended March 2022, helped by decline in bad loans.......
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