03 Jun 2021
Mehul Choksi denied bail by Dominica court over illegal entry
Mehul Choksi - the 62-year-old fugitive founder of India-based Gitanjali Group - has been denied bail by a court in Dominica for illegally entering the Caribbean island country from Antigua and Barbuda.
29 May 2018
ED attaches Rs. 177cr-worth assets in Rotomac bank fraud case
The Enforcement Directorate today said it has attached assets worth Rs. 177 crore in connection with its probe against Kanpur-based Rotomac Group.
14 May 2018
PNB scam: CBI to file chargesheet against several senior bankers
After three FIRs and 19 arrests, the CBI is all set to file its first chargesheet in the Rs. 12,600cr Punjab National Bank (PNB) loan fraud case involving jewellers Nirav Modi and Mehul Choksi.
07 Mar 2018
PNB scam: CBI arrests Gitanjali VP, "brain behind the conspiracy"
Gitanjali Group vice-president Vipul Chitalia, who had escaped India along with chairman Mehul Choksi, was nabbed from the Mumbai airport yesterday morning, as soon as he landed from Bangkok.
06 Mar 2018
PNB Scam: CBI detains Gitanjali Group Vice-President Vipul Chitalia
The CBI has detained Vipul Chitalia, Vice-President of Gitanjali Group of Companies, as part of its probe into the Rs. 12,636cr Punjab National Bank fraud.
24 Feb 2018
10,000 employees left helpless as Modi, Choksi deny salaries
Days after Nirav Modi wrote to employees to look for other jobs, uncle Mehul Choksi, Gitanjali chairman, has followed suit.
17 Feb 2018
Nirav Modi case: CBI arrests PNB's ex-Deputy Manager, two others
The CBI has arrested Punjab National Bank's former Deputy Manager Gokulnath Shetty, Single Window Operator Manoj Kharat, and the authorized signatory of Nirav Modi Group of Firms Hemant Bhat in connection to the alleged Rs. 11,400cr banking fraud by Nirav Modi and Mehul Choksi.
16 Feb 2018
Gitanjali shares fall for third day, investors lose Rs. 300cr
Shares of Gitanjali Gems fell for the third straight day today. It dropped another 20%, closing at Rs. 37.45 on NSE.
21 Dec 2017
Mahesh Bhupathi, Lara Dutta take Gitanjali Gems to insolvency
Mahesh Bhupathi and Lara Dutta, brand ambassadors of Gitanjali Gems, have taken the company to insolvency as operational creditors.