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CIRP initiated in cases of DHFL, ABG Shipyard, Bhushan Power & Steel

Corporate insolvency resolution process (CIRP) was initiated in the cases of DHFL, ABG Shipyard and…

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1 min read

Fresh case of loan fraud of ₹1,688 crore against ABG Shipyard owner Rishi Agarwal, others

The Central Bureau of Investigation (CBI) has lodged a fresh loan fraud case of Rs 1688 crore again…

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1 min read

Cars should get in-build tech to tame drunk drivers, says US safety board

The National Transportation Safety Board (NTSB) in the US has asked the government to tell automake…

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1 min read

ED attaches property worth ₹2,747 cr of ABG Shipyard in bank fraud case

The Enforcement Directorate (ED) on Thursday attached assets worth ₹ 2,747.69 crore of the ABG Ship…

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3 mins read

SBI and ICICI Bank investors pay the price for the nearly ₹10,000 crore lost to the biggest bank fraud ever in India

The ABG Shipyard fraud case could be the biggest bank fraud case in the history of India, with an e…

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5 mins read

The market in India is bummed out for at least three reasons and none of them are going away in a hurry

But that’s not it. There are other factors playing on the traders mind for a few weeks now and t…

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1 min read

CBI books ABG in biggest bank fraud case of over ₹22,842 crore

In its biggest bank fraud case, the CBI has booked ABG Shipyard Ltd and its then Chairman and Manag…

PTI   


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1 min read

Adidas agrees to sell Reebok for $2.5 billion to a company aiming to go public this summer

Reebok will be bought by Authentic Brands Group, which also owns Brooks Brothers and Forever 21. T…

Isabelle Lee   


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1 min read

Carla Mozée   


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1 min read

Sebi slaps Rs 8 lakh fine on ABG Shipyard's officials

New Delhi, Dec 27 () Markets regulator Sebi on Friday imposed a penalty of Rs 8 lakh on three non-i…

PTI   


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1 min read

Sebi directs Second Land Developers, officials to refund Rs 101 cr to ABG Shipyard

"ABG, a publicly listed company, has utilised the three entities for obtaining bogus purchase bill…

PTI   


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1 min read

​Dilip Shanghvi, India’s richest man, could soon be building ships

Talking to ET Now, ABG Shipyard's Rishi Agarwal said, "We are in discussion with many strategic pla…

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2 mins read

Sports Illustrated ex-publisher wants $200 million from Authentic Brands Group, saying it stole website and employees

The Arena Group and Manoj Bhargava say Authentic Brands plotted with Minute Media to hand the brand…

Jack Newsham,Laura Italiano   


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3 mins read

5-Hour Energy billionaire Manoj Bhargava sued by the owner of Sports Illustrated for $49 million after a tumultuous takeover

Manoj Bhargava and Arena Group are now facing three lawsuits after he seized control of the former …

Jack Newsham   


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7 mins read

A billionaire energy drink mogul elbowed his way into publishing Sports Illustrated — now he's lost it

5-Hour Energy founder Manoj Bhargava's chaotic takeover of The Arena Group, publisher of Sports Ill…

Jack Newsham,Jake Swearingen   


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2 mins read

Swedish traders want Nasdaq to cut its trading hours so they can have a better work-life balance

Nasdaq's trading hours in Sweden last for eight and a half hours. The Tokyo Stock Exchange, in cont…

Grace Dean   


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2 mins read

Las Vegas chapels are ordered to stop using Elvis Presley's likeness in themed weddings

The company that owns the rights to Elvis Presley merchandise reportedly sent cease-and-desist lett…

Samantha Grindell   


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3 mins read

Aditya Birla Fashion will now sell Reebok products in 11 Asian countries — and it may reap benefits soon

As part of the agreement, Aditya Birla Fashion and Retail would get exclusive rights to distribu…

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1 min read

₹10 lakh crore - that's how much banks wrote off in the last 5 years

A recent Parliament reply disclosed that scheduled commercial banks have written off loans worth ab…

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2 mins read

Disney is the latest company to launch mini-shops inside other retailers

Target will add miniature Disney stores to more than 160 locations just in time for the holiday toy…

Aleeya Mayo