The Enforcement Directorate in its report against jeweller Nirav Modi have said that owners and directors of at least five firms based out of Hong Kong earned only between Rs 8,000 and Rs 30,000 every.. DNA
The criminal complaint has been filed against Nirav Modi, his associates and businesses and the entire gamut of issuance of fake Letters of Undertaking (LoUs) by Punjab National Bank (PNB) to his firms.. Firstpost
A special CBI court has taken cognisance of the second chargesheet filed in the 12,636-crore rupees PNB fraud case and ordered the issuance of a non-bailable warrant against a key accused Mehul.. All India Radio Also reported by •DNA
In a shocking incident, 9 minor boys between the age of 10 and 15 years of age were arrested for stealing 27 two-wheelers worth Rs 7.6 lakh. The boys had been stealing bikes from Mumbai and Thane area.. Mid-Day
Gitanjali group owner Mehul Choksi and Allahabad Bank CEO Usha Ananthasubramanian along with 13 others were today charged by the CBI for alleged cheating and corruption in the issuance of fraudulent.. DNA
De Beers, the world's largest diamond producer, has said the business in the country will continue to grow this year despite dampened sentiments following Nirav Modi-led PNB fraud.
"There has been.. DNA
The non-performing assets (NPA) mess is far from over in the banking sector. But with the regulator keeping a hawk-like vigil over the banks' books, there is no escape for them but to declare the.. DNA
A financial fraud of nearly Rs 51 crore at a Mumbai branch of a nationalised bank is the latest addition to the growing list of scams that have hit Indian banks.
The Central Bureau of Investigation.. DNA
An official from the Bank told ANI that it would approach the courts of other countries where Nirav Modi and his uncle, Mehul Choksi have assets and businesses.
For those unversed, PNB had detected.. DNA
Even as the Central Bureau of Investigation (CBI) is probing billionaire jeweller Nirav Modi and his uncle Mehul Choki in Punjab National Bank scam worth Rs 13,910.02 crore, another scam of Choksi's.. DNA
Global software major Wipro's Chief Strategy Officer Rishad Premji has been appointed the new Nasscom Chairman for 2018-19, said the Indian IT industry's apex body on Tuesday.
"Rishad Premji, the.. Mid-Day
In the middle of the controversy surrounding the PNB fraud that involves jeweller Nirav Modi and his uncle Mehul Choksi, it has been reported that the Bengaluru police had failed to enforce a court’s.. DNA
Punjab National Bank (PNB) will take care of problems emanating from Rs 13,000-crore fraud perpetrated by billionaire jeweller Nirav Modi on its own and will not seek any governments assistance, its.. Deccan Herald
A special CBI court in Mumbai has issued non-bailable warrants (NBWs) against billionaire diamantaire Nirav Modi and his uncle Mehul Choksi in connection with the cases related to over $2 billion.. Deccan Herald
Harun Rashid Khan was asked about the policy framework at the time when letters of undertaking (LoUs) were fraudulently issued by colluding PNB officials to Modi and Choksi; the statutory audit of the.. IndiaTimes
The CBI today questioned former Deputy Governor of the Reserve Bank Harun Rashid Khan in connection with bank scams involving jewellers Nirav Modi and Mehul Choksi and relaxation of gold import rules.. Deccan Herald
Punjab National Bank on Wednesday decided to honour LoUs worth Rs 6,500 crore, issued fraudulently to 7 lenders in favour of Nirav Modi and associates in connivance with bank officials.
Putting an.. DNA