Budget session to resume today, opposition to corner government on bank frauds issue
As both the Lok Sabha and the Rajya Sabha meet after month-long recess, the multi-crore PNB bank fraud and other financial scams are likely to dominate the proceedings in both the Houses.
Mar 05, 2018, 07:16 AM IST
PNB fraud: DRI sanctions prosecution of Nirav Modi's firms under Customs Act, may face upto 7 years in jail
The DRI on Sunday said that Nirav Modi's firms are fit to be tried under Customs Act in connection with the PNB fraud.
Mar 05, 2018, 00:18 AM IST
PNB fraud: Here's how Rs 12,700 crore scam affected trade, financial activities
However, bankers feel that there will not be a complete freeze so that a genuine businessman's operations are affected.
Mar 04, 2018, 17:18 PM IST
PNB official received gold, diamond jewellery as bribe from Nirav Modi: CBI
The CBI, which has arrested 14 people in the case, on Saturday for the first time said bribes were paid to at least one PNB official by Nirav Modi.
Mar 04, 2018, 10:03 AM IST
Morning Breaking: Mumbai special court issues non bailable warrant against Nirav Modi, Mehul Choksi
A Special PMLA court in Mumbai issued non bailable warrant against Nirav Modi and Mehul Choksi in connection with (Punjab National Bank) PNB Fraud Case.
Mar 04, 2018, 08:14 AM IST
PNB fraud: 6 accused including PNB deputy manager Gokulnath Shetty sent to 14 days judicial custody
A special court in Mumbai has issued non-bailable warrants against diamond traders Nirav Modi, Mehul Choksi.
Mar 03, 2018, 16:24 PM IST
PNB fraud: Mumbai special PMLA court issues non bailable warrant against Nirav Modi, Mehul Choksi
A Special PMLA court in Mumbai on Saturday issued non bailable warrant against Nirav Modi and Mehul Choksi in connection with PNB Fraud Case.
Mar 03, 2018, 14:59 PM IST
PNB fraud: Bank's former chief auditor sent to CBI remand till March 14
CBI has so far arrested at least 14 people, eight from the bank and six from companies owned by billionaire jeweller Nirav Modi and Mehul Choksi.
Mar 02, 2018, 19:03 PM IST
PNB fraud: Unable to confirm if Nirav Modi is here, says US
The Department of Justice, however, declined to comment on the celebrity diamond jeweller.
Mar 02, 2018, 09:22 AM IST
When Nirav Modi wanted to become a music conductor
Modi comes from a family of diamond brokers in Antwerp, Belgium.
Mar 02, 2018, 07:02 AM IST
Arvind Kejriwal takes swipe at BJP over Fugitive Economic Offenders Bill: 'Pehle chhote Modi ko bhagaa diya, ab bill la rahe ho'
The Union Cabinet on Thursday approved a stringent Fugitive Economic Offenders Bill that provides for confiscating assets without conviction in cases where economic offenders flee the country.
Mar 01, 2018, 20:24 PM IST
Cabinet clears Fugitive Economic Offenders Bill, assets to be confiscated without conviction
Fugitive Economic Offenders Bill is aimed at deterring economic offenders like jeweller Nirav Modi from fleeing the country or not returning to face trial.
Mar 01, 2018, 18:29 PM IST
PNB fraud: ED attaches 41 properties of Mehul Choksi worth Rs 1217.20 crore
It includes 15 flats and 17 office premises in Mumbai, M/s Hyderabad Gems SEZ in AP, a shopping mall in Kolkata, farm house in Alibaug and 231 acres land in Maharashtra and Tamil Nadu.
Mar 01, 2018, 10:58 AM IST
Cabinet likely to discuss tighter norms for auditors today
Cabinet may consider setting up of National Financial Reporting Authority (NAFRA) as envisaged in the Companies e meeting mAct, 2013.
Mar 01, 2018, 08:13 AM IST
More properties of Nirav Modi, Mehul Choksi attached; Blue Corner notice issued
A Blue Corner notice has been issued against absconding billionaire jeweller Nirav Modi and Gitanjali Gems owner Mehul Choksi separately by the Bureau of Immigration. The notice, issued on February 22, 2018, will remain valid at all ports of embarkation, said Income Tax sources.
Feb 28, 2018, 20:41 PM IST
PNB fraud: We have businesses abroad, so can't join investigation, Nirav Modi tells CBI
Nirav Modi is a key accused in the alleged PNB fraud which is now pegged at close to USD 2 billion.
Feb 28, 2018, 17:46 PM IST
Scam-hit PNB appoints A K Pradhan as Group Chief Risk Officer
Earlier today, the CBI said PNB has informed the agency has detected a further scam of Rs 1,251 crore in respect to Gitanjali Gems.
Feb 27, 2018, 20:32 PM IST
PNB fraud: Nirav Modi's Firestar Diamond files for bankruptcy in New York
PNB late on Monday said the amount of those fraudulent transactions could rise by $204 million to nearly $2 billion, sending its shares reeling to a 20-month low.
Feb 27, 2018, 17:49 PM IST
PNB scam now worth Rs 12,636 crore as CBI detects another fraud of Rs 1,251 crore
The Central Bureau of Investigation (CBI) on Tuesday said that PNB has informed the Bureau about a further scam involving Rs 1,251 crore.
Feb 27, 2018, 17:33 PM IST
