abhay lodha topworth, sbi scam

CBI Registers Cases against 3 Mumbai Companies for Duping SBI of Rs 1.37 Billion

The CBI has registered three separate cases of banking fraud against three Mumbai-based companies for an alleged banking fraud that caused a cumulative loss of over Rs 1.37 billion to State Bank of India, officials said here today. One of the cases is against Topworth Pipes and Tubes Pvt. Ltd, its Directors Abhay Narendra Lodha, […]

Continue Reading

Sensex tanks 546 points on global sell-off over Fed rate concern

Market benchmark Sensex nosedived by almost 546 points to 28,251.31, while Nifty broke below the 8,700-level in the opening trade on Monday on heavy selling after revived speculation about a possible U.S. rate hike. Moreover, the rupee depreciating by 25 paise to 66.93 against the dollar in opening trade at the forex market also had […]

Continue Reading