SOURCE: FE Close on the heels of the Reserve Bank of India (RBI) selecting 12 large non-performing asset (NPA) accounts, including that of ABG Shipyard, for fast resolution under the insolvency law, the defence ministry has informed the company of termination of contracts with it. Sources told FE, “Keeping in mind the poor financial health […]
The post Another setback for ABG Shipyard: Defence Ministry cancels all contracts appeared first on Indian Defence Research Wing.
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