Given such global uncertainty, Indian investors will look for domestic cues such corporate earnings, Union Budget, domestic economic growth. “We expect two themes to play out in CY23 viz. credit growth and capex on the back of strong domestic macros and robust demand. We prefer sectors like BFSI, capital goods,Read More →
DAYS AFTER the CBI booked Gujarat-based ABG Shipyard Ltd (ABG SL) for loan fraud of over Rs 22,000 crore, the Enforcement Directorate (ED) is now preparing to open money-laundering investigations against the company and its directors. While the CBI has issued lookout circulars against the accused, including company CMD RishiRead More →
The CBI has issued look-out circulars (LoC) against the accused in the over Rs 22,000 crore bank loan fraud case allegedly perpetrated by Gujarat-based ship-building company ABG Shipyard Ltd. The agency has also found that the company allegedly diverted funds using as many as 98 related entities. The agency onRead More →
