Sunday 29 July 2018

Why the Navy is closely watching an insolvent shipbuilder

SOURCE: EXPRESS NEWS SERVICE It is not just banks that keenly await the resolution of 12 companies which have defaulted and are on the RBI’s first list of Insolvency and Bankruptcy Code (IBC) cases. The Indian Navy too is tracking the insolvency proceedings of ABG Shipyard after the Navy was forced last year to terminate […]

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