Government says blame UPA for PNB fraud, Congress advises 'homework' to BJP
The MEA on Friday suspended with immediate effect the passports of diamantaire Nirav Modi and his business partner Mehul Choksi for four weeks.
Sebi launches probe into trading, disclosure issues at PNB, Gitanjali Gems
The Sebi and stock exchanges have begun analysing the stock market trade details of all entities associated with Nirav Modi including Mehul Choksi.
Feb 16, 2018, 16:35 PM IST
Nirav Modi case: After 'guide to looting India' Rahul Gandhi tweets 'scamster's escape formula'
On Thursday, the Gandhi scion had taken potshots at PM Modi by tweeting ‘Guide to looting India’.
Feb 16, 2018, 15:11 PM IST
PNB fraud: Nirav Modi, Mehul Choksi's passport suspended; 50 more firms to be raided
While Modi runs the jewellery brand chain under his name, Choksi is the promoter of Gitanjali Gems.
Feb 16, 2018, 14:40 PM IST
PNB fraud: Over Rs 9,000 crore of investor wealth wiped out in last four days
The Mcap of PNB shrunk to Rs 30,162.18 crore from Rs 39,209.62 crore on February 12.
Feb 16, 2018, 13:00 PM IST
PNB Scam: Eight more bank employees suspended
The number of suspended employees now stands at 18, which also includes General Manager level officers.
Feb 16, 2018, 12:10 PM IST
PNB fraud case: ED summons Nirav Modi and Choksi, asks to depose within a week
While Modi runs the jewellery brand chain under his name, Choksie is the promoter of Gitanjali Gems.
Feb 16, 2018, 11:31 AM IST
Union Bank has $300 million exposure to PNB fraud
Union Bank of India shares dropped 2.37 percent to Rs 117.25 while the PNB stock fell over 3 percent to Rs124.45 on BSE.
Feb 16, 2018, 11:10 AM IST
PNB fraud case: CBI approaches Interpol to locate Nirav Modi and his family
CBI approached the Interpol with a request for issuing Diffusion Notice which was aimed at locating an individual.
Feb 16, 2018, 11:07 AM IST
Live updates: Nirav Modi, Mehul Choksi's passport suspended for four weeks
Nirav Modi, who holds an Indian passport, left India on January 1.
Feb 16, 2018, 10:11 AM IST
Nirav Modi leaves India: List of other fugitive economic offenders on the run
Modi's leaving the country once again brings to limelight the cases of other economic offenders like Vijay Mallya, Lalit Modi, Deepak Talwar and Sanjay Bhandari on the run.
Feb 16, 2018, 08:22 AM IST
PNB fraud: CBI seeks revocation of passports of Nirav Modi, Mehul Choksi
Nirav Modi, who holds an Indian passport, left India on January 1.
Feb 16, 2018, 07:31 AM IST
PNB vows to book culprits of $1.77 billion fraud; ED, CBI turn up heat on Nirav Modi
The Central investigation agencies moved separate applications to the MEA seeking the revocation of passports of Nirav Modi and his maternal uncle Mehul Choksi.
Feb 16, 2018, 00:17 AM IST
PNB fraud: PC Jeweller says buys diamonds from local market in cash, not via LoUs
The BSE had sought clarifications from the firm after its share prices slumped nearly 20% to Rs 303 apiece in early trade.
Feb 15, 2018, 23:45 PM IST
Meet Nirav Modi: The jeweller to Hollywood stars, accused of Rs 11,400 cr PNB fraud
Nirav Modi's name is a stamp of corporate India's growing global prestige.
Feb 15, 2018, 22:58 PM IST
Parliamentary panel seeks report from FinMin over PNB fraud
The state lender has suspended 10 officers and referred the matter to CBI for investigation.
Feb 15, 2018, 20:30 PM IST
PNB fraud: ED seizes assets worth Rs 5,100 crore during searches in Nirav Modi case
The probe agency also seized 95 documents including import bills and applications.
Feb 15, 2018, 19:38 PM IST
Nirav Modi gave vague offers to repay money, says PNB chief Sunil Mehta
The country's second largest PSU bank has detected Rs 11,400 crore scam, where billionaire jeweller Nirav Modi allegedly acquired fraudulent LoU from a Mumbai branch.
Feb 15, 2018, 18:48 PM IST
Nirav Modi did not have any private meeting with PM Modi at Davos, clarifies BJP
Hitting out at the Congress, BJP said that the party should end playing politics over photographs.
Feb 15, 2018, 18:11 PM IST
How PNB fell victim to India's biggest bank fraud: All you need to know
The fraud, by far the biggest ever detected by an Indian bank, comes to light at a time when lenders, especially the state-run banks are hobbled by $147 bn in soured loans on their books.
Feb 15, 2018, 17:56 PM IST
