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PNB fraud case: Mehul Choksi fugitive and absconder, doesn't intend to cooperate with investigation: ED tells Bombay HC
Business

PNB fraud case: Mehul Choksi fugitive and absconder, doesn't intend to cooperate with investigation: ED tells Bombay HC

Choksi and his nephew Nirav Modi are wanted by the ED and the CBI for allegedly defrauding the PNB to the tune of Rs 13,400 crore, in collusion with a few of its employees.

PNB fraud case: UK court further remands diamantaire Nirav Modi till 24 May, full hearing scheduled on 30 May
Business

PNB fraud case: UK court further remands diamantaire Nirav Modi till 24 May, full hearing scheduled on 30 May

Nirav Modi was arrested by uniformed Scotland Yard officers from a Metro Bank branch in central London as he attempted to open a new bank account on 19 March.

The art of fraud: PNB's Dubai, Hong Kong files reveal collusion between Nirav Modi and high ranking officials
Business

The art of fraud: PNB's Dubai, Hong Kong files reveal collusion between Nirav Modi and high ranking officials

Investigators probing the PNB fraud expect to use the Dubai and Hong Kong files to connect the missing dots in the scam, to nab high ranking individuals.

CBDT quashes rumours: Records on Nirav Modi, Mehul Choksi case transferred before fire broke out at Mumbai office
Business

CBDT quashes rumours: Records on Nirav Modi, Mehul Choksi case transferred before fire broke out at Mumbai office

CBDT's clarification came following media reports claiming the records were destroyed in the fire.

PNB probe gets murkier: CBI grills ICICI Bank executive director N S Kannan in Rs 12,636 cr banking fraud
Business

PNB probe gets murkier: CBI grills ICICI Bank executive director N S Kannan in Rs 12,636 cr banking fraud

Apart from Usha Ananth, two serving general managers were also questioned at the CBI headquarters in Mumbai.