CBI books shipbuilding company ABG Shipyard and its directors in Rs 22,842 crore bank fraud case

In one of the biggest bank fraud case registered by the Central Bureau of Investigation (CBI), the agency has charged ABG Shipyard Ltd, its then Chairman and Managing Director Rishi Kamlesh Agarwal, and others with defrauding a consortium of banks led by ICICI bank of over Rs 22,842 crore. CBI also named the former Executive Director Santhanam Muthaswamy, Directors … Read more

PM Modi to inaugurate ISRF, new dry dock of Cochin Shipyard Ltd at Kochi: Know how the major infra boost will highlight CSL on world map

On Wednesday (17th January) Prime Minister Narendra Modi is inaugurating the International Ship Repair Facility (ISRF) of the Cochin Shipyard Ltd (CSL) at Kochi in Kerala. The 310-meter-long drydock built along with India’s first fully developed ship repair ecosystem ISRF is set to become a game-changer for India’s marine sector. Along with this, PM Narendra Modi is also … Read more