Diamond Trade

PNB scam: I-T notice to Abhishek Singhvi over unaccounted pay of Rs 4.5 crore; Nirav Modi's Alibaug bungalow searched

PNB scam took a new turn when Congress leader Abhishek Manu Singhvi's received a notice from the Income Tax dept over unaccounted payment of Rs 4.5 crores.

PNB scam updates: Gitanjali Gems to shut down completely; employees protest after being asked to leave

Nirav Modi has said PNB's ”overzealousness” shut the doors on his ability to clear the dues. He also said the dues were much less than what the bank has claimed.

PNB Rs 11,360-cr scam: CBI and ED ask Nirav Modi's associates and bank, 'Where is the money?'

The question that the CBI and ED sleuths are asking Nirav Modi's associates and PNB repeatedly over the course of interrogation is: Where is the Rs 11,360 crore?

Punjab National Bank fraud updates: CBI questions 17 officials, ED seizes assets worth Rs 5,716 crores

The CBI virtually took control of the entire campus of Punjab National Bank's Brady Road branch in Mumbai, which is at the centre of a clossal banking fraud involving billionaire jewellers Nirav Modi and Mehul Choksi, and started an intensive search operation, officials said on Monday

Punjab National Bank scam: It's no surprise uncle-nephew duo cheated system, say traders

Many traders told Firstpost speaking anonymously that Modi and his uncle deliberately cheated Punjab National Bank in collusion with bank officials. While others in the trade said that it was a business strategy that did not work out well which led to the “mama-bhanja”s business going belly-up.

PNB Rs 11,000-cr fraud: PMO was alerted in 2016 about ‘impending scam’ related to Gitanjali Gems, Mehul Choksi

The result of inaction has emerged as a biggest fraud in India’s is banking history and all the accused in Punjab National Bank fraud have fled country.

Narendra Modi in Gujarat: PM praises Sardar Patel, says nation is what it is because of India's Iron Man

Prime Minister Narendra Modi on Monday praised Sardar Vallabhbhai Patel for redrawing the Indian map after independence "to give us what it (country) is today".