Nirav Modi: News | Page 2
19 Apr 2018India
Public sector banks, which are reeling under a huge burden of growing non-performing assets and being probed by central agencies, have emerged as the leading public authorities in terms of rejecting RTI pleas, an analysis by a voluntary group shows.
15 Apr 2018Central Bureau Of Investigation (CBI)
The Institute of Chartered Accountants of India (ICAI) has sent notices to all statutory auditors of Punjab National Bank's Brady House branch, where the over Rs. 13,000cr scam involving Nirav Modi took place, to appear before its disciplinary board.
11 Apr 2018Delhi High Court
The Delhi High Court on Wednesday directed diamantaire Nirav Modi's company, Firestar Diamond, to ask him to return to the country, dubbing him a "fugitive".
09 Apr 2018India
China today said that Hong Kong can accede to India's request to arrest fugitive Indian diamond merchant Nirav Modi based on local laws and mutual judicial assistance agreements.
08 Apr 2018India
A special CBI court has issued non-bailable warrants against Nirav Modi and Mehul Choksi, both of whom left the country in January.
08 Apr 2018Karnataka
Congress President Rahul Gandhi on Saturday slammed Amit Shah for equating opposition with animals and said it was reflective of his mentality.
05 Apr 2018Ram Nath Kovind
Amid mounting NPAs or bad loans in the banking sector, President Ram Nath Kovind today said honest taxpayers suffer due to willful and criminal default on a bank loan.
03 Apr 2018Rahul Gandhi
Keeping up his offensive against the BJP, Congress president Rahul Gandhi today targeted Union Minister Piyush Goyal for his alleged links to the promoter of a company in default of Rs. 650 crore.
02 Apr 2018Narendra Modi
The Congress on Sunday used the April Fool's Day to mock PM Narendra Modi and his government over their alleged failures in creating jobs and rein in corruption as the party marked the occasion as "Jumla Day".
30 Mar 2018Delhi
The government will bring back Nirav Modi and Mehul Choksi, who fled the country before the Rs. 12,650 PNB scam came to light, asserted Defense Minister Nirmala Sitharaman today.
28 Mar 2018Telangana
The latest Indian bank to reveal fraudulent loans is IDBI, which said Rs. 772cr had been issued as loans from five branches in Andhra Pradesh and Telangana against fake documents.
26 Mar 2018Reserve Bank Of India (RBI)
In a bid to recover defrauded amounts going up to Rs. 13,000 crore, the Punjab National Bank (PNB) is looking to take part in the bankruptcy proceedings of Nirav Modi's firm, Firestar Diamonds. It had filed for insolvency in a New York court last month.
24 Mar 2018Narendra Modi
Congress President Rahul Gandhi today said if his party comes to power, it would impose one slab of Goods and Services Tax instead of five and abolish the 28% GST slab.
24 Mar 2018Mumbai
A fresh seizure of antique jewelry, costly watches, and paintings worth Rs. 26cr has been made by the ED from the Mumbai apartment of Nirav Modi in connection with the over Rs. 12,000cr PNB fraud case.
23 Mar 2018Central Bureau Of Investigation (CBI)
Yet another bank fraud has emerged, the third case to be reported in five days. The CBI has now registered a case against Hyderabad-based Totem Infrastructure Ltd for duping lenders of Rs. 1,394.43cr.
20 Mar 2018India
Embattled businessmen Mehul Choksi, uncle of diamantaire Nirav Modi and Gitanjali Gems chairman, has once again refused to return to India.
17 Mar 2018Mumbai
The 11 accused arrested in connection with the multi-crore Punjab National Bank fraud case were remanded in judicial custody till 28 March by a special CBI court in Mumbai.
15 Mar 2018Venkaiah Naidu
Vice President Venkaiah Naidu Thursday said Parliament should debate the serious issue of alleged PNB bank fraud by Nirav Modi and others that have damaged the country's image and led people to question the entire banking system.
15 Mar 2018Mumbai
Reports have emerged of another scam at PNB's Brady House branch in Mumbai, the site of the infamous Rs. 12,650cr Nirav Modi scam.
13 Mar 2018India
Learning from the multi-crore PNB scam, involving jewelers Nirav Modi and Mehul Choksi, the Reserve Bank of India has decided to discontinue issuance of LoUs (letters of undertaking) and LoCs (letters of comfort) as trade credits for imports into the country.
13 Mar 2018India
In a strongly-worded letter, PNB has rejected Nirav Modi's "vague" offer of partial repayment in the Rs. 12,650cr scam, asking him to pay the entire amount immediately.
12 Mar 2018Aam Aadmi Party (AAP)
After a washout of business proceedings last week, protests and remonstrations continued to greet Parliament when it met today.
10 Mar 2018India
Following several high profile cases of economic offenders leaving the country, the government has made it mandatory for borrowers looking for loans above Rs. 50cr to submit their passport details to banks.
07 Mar 2018West Bengal
Proceedings continue to be stalled in Parliament on day 3 of the Budget session.
07 Mar 2018India
Reliance Industries Chairman Mukesh Ambani became the richest Indian for the 11th year in a row while his net worth soared to $40.1 billion.
07 Mar 2018Delhi High Court
The Delhi High Court on Wednesday sought response of the Enforcement Directorate on a plea by Nirav Modi's firm Firestar Diamond against a money laundering case lodged by the agency in connection with the over Rs. 11,000cr Punjab National Bank (PNB) fraud case.
07 Mar 2018India
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.
07 Mar 2018Narendra Modi
Even as various regional parties are considering a non-BJP non-Congress alliance, Congress leader Sonia Gandhi has invited Opposition leaders for dinner to forge a united front against the BJP in Parliament.
The Rs. 12,650cr scam by Nirav Modi and his uncle Mehul Choksi in connivance with PNB employees might be the undoing of many other banks too.
06 Mar 2018Mumbai
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.
Mukesh Ambani's son Akash, the scion of India's richest family, is going to marry Shloka Mehta, the youngest daughter of diamantaire Russell Mehta, later this year if sources are to be believed.
The second part of the budget session began today on a stormy note, with the ruling and opposition parties training their guns on each other over major corruption scandals.
04 Mar 2018India
Billionaire Nirav Modi bribed a bank official with gold and diamond for his assistance in the Rs. 12,650cr PNB scam, CBI said.
03 Mar 2018India
A special court, set up under the Prevention of Money Laundering Act, has issued non-bailable arrest warrants for diamond traders Nirav Modi and Mehul Choksi in the alleged Rs. 12,650 crore Punjab National Bank scam.
02 Mar 2018India
The US has acknowledged reports in Indian media that embattled billionaire Nirav Modi is in the country, but is unable to confirm them, a state department official said.
02 Mar 2018Central Bureau Of Investigation (CBI)
The US government is aware of media reports that diamond jeweler Nirav Modi is in the country but is unable to confirm them, a State Department official said on Friday.