Sensex Today | Nifty 50 | Stock Market LIVE Updates: Sensex slides over 250 pts, Nifty tests 24,600; Bajaj twins, ICICI Bank tank up to 5%

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Rishi Agarwal built ABG Shipyard into one of India’s biggest private shipbuilders, but a debt-fuelled expansion ended in collapse, liquidation and allegations of a ₹22,842-crore fraud.

The optimism follows RBI’s disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that has already eased earlier concerns the scheme was struggling for traction. Of the total, FCNR(B) deposits accounted for the largest share at $17.4 billion, mobilised within six weeks of the scheme becoming operational. This was…