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/PRNewswire/ -- The "Ship And Boat Building And Repairing Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering. The ship and...
IDBI Bank hopes to recover about 15-18% from the portfolio sale, one of the people said. It has 631 accounts with principal loans of ₹4,000 crore. These include Daewoo Motors, Malvika Steel, Mardia Chemicals, Modi Rubbers, Precision Fasteners, Rajinder Steels, Steel Tubes of India, Surana Oil, Usha Ispat and Western India Shipyard. The distressed asset portfolio sale comes around the time when the promoters of the bank are preparing to sell a part of their stake. Life Insurance Corporation holds 49.2% of the bank, while the government owns 45%. Together, they plan to offload a 60.7% stake.
The National Green Tribunal has directed the Goa State Pollution Control Board to assess and recover the cost of restoration for the environmental damage caused during the berthing of cruise ship 'MV Qing', belonging to the Sahara Group, and ...
The inside story of how Rishi Agarwal of ABG Shipyard allegedly misappropriated Rs 22,842 crore in loans from a consortium of 28 Indian banks - Issue Date: Mar 7, 2022