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Showing posts from February, 2022

ABG Shipyard bank fraud under UPA, withdrawal of states consent a challenge: CBI

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ABG Shipyard bank fraud under UPA, withdrawal of states consent a challenge: CBI The CBI said that as per banks complaint, the non-performing assets of ABG Shipyard are to the tune of  ₹ 22, 842 crores and majority of disbursement took place between 2005 and 2012, this at a time when Congress-led UPA government was in power As per the bank (SBI) complaint, the non-profitable assets are to the tune of  ₹ 22,842 crore and majority of disbursement took place between 2005 and 2012 by a consortium of 28 banks led by ICICI and included the SBI," the central agency said in a statement. The CBI referred to the forensic audit of the firm from 2012 to 2017 stated that the company was also referred to the national company law tribunal in Ahmedabad on August 1, 2017 by the ICICI Bank for corporate insolvency resolution process. However, several banks declared the account of ABG Shipyard as fraud during the financial year 2019-2020. The CBI referred to the records of the invest...

Lata Mangeshkar Passes Away LIVE

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Lata Mangeshkar Passes Away LIVE Updates: India Mourns Loss of Its Nightingale; 2-Day National Mourning Announced; PM Modi Leads Tributes Lata Mangeshkar Death LIVE Updates: Legendary singer Lata Mangeshkar died at 92. She breathed her last at 8:12 am on Sunday in Mumbai's Breach Candy Hospita. ........ Lata Mangeshkar Passes Away LIVE Updates:  Legendary singer Lata Mangeshkar passed away at the age of 92 due to a multi-organ failure in Mumbai on Sunday morning. Mangeshkar, who was known as the ‘Queen of Melody’ and the ‘Nightingale of India’, breathed her last at 8:12 am in Mumbai’s Breach Candy Hospital. Mangeshkar will be cremated at Shivaji Park with full state honours. Her mortal remains will be kept at her residence in Peddar Road from 12:30 pm to 3 pm. Later, her body will be shifted to Shivaji Park at 4.30 pm for public darshan. Mangeshkar had tested positive for Covid-19 with mild symptoms on January 8 and was undergoing treatment at the hospital. She was admi...