• 

  PNB scam: Belgium assures India of cooperation in extraditing absconding diamantaire Nirav Modi

  India | June 26, 2018 22:14 IST

  Belgian Ambassador to India Jan Luykx said there is an existing extradition treaty between the two countries.

• 

  PNB Scam: Nirav Modi managed to travel despite Interpol's alert on revocation of passport, says CBI

  India | June 18, 2018 19:59 IST

  The agency said it had shared the information about the revocation of his passport in the 'diffusion' notice issued through the Interpol on 15 February.

• 

  Bank frauds, cash crunch: MPs ask tough questions to RBI Governor

  Business | June 12, 2018 14:37 IST

  According to sources, the panel headed by veteran Congress leader Veerappa Moily sought answers from Patel over bad loans, bank frauds, cash crunch and other issues during the meeting.

• 

  Diamantaire Nirav Modi flees to UK, seeks political asylum: Report

  Business | June 11, 2018 10:12 IST

  Nirav Modi and his uncle Mehul Choksi are being investigated by the Enforcement Directorate for allegedly cheating the PNB, the country’s second largest lender, to the tune of more than USD 2 billion.

• 

  Nirav Modi fraud fallout: Moody's downgrades PNB rating to Ba1/NP from Baa3/P-3

  Business | May 21, 2018 14:52 IST

  The downgrade also reflects the weak internal controls and processes of the bank, given that the fraudulent transactions were undetected for a number of years. 

• 

  PNB fraud: ED summons four absconding members of Nirav Modi's family, US partner

  Business | May 19, 2018 7:29 IST

  The ED asked them to depose before the investigating officer of the case in Mumbai over the next few days.

• 

  Parliamentary panel summons RBI Governor Urjit Patel on May 17 over bank scams

  Business | April 17, 2018 15:52 IST

  Sources added that former Prime Minister Manmohan Singh, who is a member of the committee, is also likely to attend the May 17 meeting.

• 

  PM Modi snatched Rs 500, Rs 1000 notes from us and put in Nirav Modi's pocket: Rahul Gandhi

  National | April 17, 2018 16:22 IST

  Continuing his tirade against the PM, the Congress leader said that Modi was running away from debate in Parliament over issues like Rafale jet deal with France.

• 

  Hong Kong can accede to India's request to arrest fugitive Indian diamantaire Nirav Modi: China

  Business | April 09, 2018 14:58 IST

  China today said that Hong Kong can accept India’s request to arrest fugitive billionaire diamantaire Nirav Modi on the basis of local laws and mutual judicial assistance agreements.

• 

  PNB scam: Nirav Modi's firm moves Delhi HC against ED proceedings

  India | March 06, 2018 21:53 IST

  In its plea, the company sought quashing of seizing of movable properties of Nirav Modi and depositing them with the PNB.

• 

  PM should explain why scamsters 'gained' while the nation faced losses: Kapil Sibal

  National | February 24, 2018 14:51 IST

  "Several leaders in the Bharatiya Janata Party have connections with these scamsters, who have left the country," he said.

Advertisement
• 

  PNB fraud case: Enforcement Directorate attaches properties worth Rs 523 crore of Nirav Modi group

  Business | February 24, 2018 14:19 IST

  While the agency had earlier seized gems, diamonds, jewellery, shares, bank deposits and costly cars in this case since it registered a criminal case under PMLA on February 14, this is the first major action to seize immovable assets.

• 

  Delhi-based jeweller booked for defrauding Oriental Bank of Commerce for Rs 390 crore

  India | February 24, 2018 10:02 IST

  This comes days after diamond billionaire Nirav Modi and his relative Gitanjali Group chief Mehul Choksi were booked for allegedly defrauding Punjab National Bank of Rs 11,400 crore.

• 

  PNB fraud case: ED seizes Nirav Modi's 9 luxury cars; freezes shares, mutual funds worth Rs 94 crore

  Business | February 22, 2018 12:26 IST

  The investigative agency has also frozen mutual funds and shares worth Rs 94.52 crore of Nirav Modi and Mehul Choksi groups.

• 

  Opinion | Rajat Sharma on how Nirav Modi's swindle struck the rich legacy of Punjab National Bank

  February 22, 2018 10:18 IST

  Punjab National Bank was founded by Sardar Dyal Singh Majithia, a well-known philanthropist, real estate and diamond trader of his time.

• 

  Exclusive: Nirav Modi is innocent, he is out of India for business purpose, says lawyer Vijay Aggarwal

  Business | February 21, 2018 16:38 IST

  He further alleged that the PNB has termed commercial transactions as a fraud.

• 

  Opinion | Rajat Sharma on how PNB scam points towards systemic flaws in public sector banking

  February 20, 2018 12:21 IST

  A handful of officers skimmed Rs 11,400 crore from the bank to favour jeweller Nirav Modi, who alongwith his family, has fled India.

• 

  Permit me to pay salaries to 2,200 employees: 10 things Nirav Modi said in his letter to PNB

  Business | February 20, 2018 10:01 IST

  The diamond czar said that money went through the bank all these years for the repayments of the advances given by the overseas bank branches under the buyers credit.

• 

  PNB Scam: ED raids over 40 locations across India; CBI quizzes bank and Nirav Modi employees

  Business | February 19, 2018 23:36 IST

  ED raided 10 places in Mumbai, six each in Ahmedabad and Bengaluru, four in Chennai, three in Surat, two each in Bihar, Lucknow, Jalandhar and Hyderabad and one in Delhi.

• 

  PNB-Nirav Modi Scam: ED raids 45 locations; 200 shell firms, benami assets under scanner

  Business | February 18, 2018 17:36 IST

  ED and the I-T department had zeroed in on about 200 dummy or shell companies in the country and abroad that were being used to route or receive funds as part of the alleged fraud.