PNB says over 1,700 wilful defaulters owe bank Rs 37,020 cr; Mehul Choksi's companies top of the list
Mehul Choksi-promoted Gitanjali Gems Ltd has an outstanding loan of Rs 5,064.84 crore. Gili India and Nakshatra Brands, also part of the Gitanjali Group, owed Rs 1,447 crore and Rs 1,109 crore each to PNB
Senior Congress leader P Chidambaram on Wednesday asked the government why it had taken the technical loan write-off route for fugitives like Nirav Modi, Mehul Choksi and Vijay Mallya
Wilful defaulters beneficiaries of 'phone banking' under UPA regime, Modi govt chasing them to recover dues: Nirmala Sitharaman
Hitting out at the Congress party, Finance Minister Nirmala Sitharaman has said that wilful defaulters were beneficiaries of 'phone banking' under the UPA regime and the Modi government is chasing them to recover the dues
Over Rs 68,600 cr loans of wilful defaulters written off; Mehul Choksi, Vijay Mallya's firms among list: RBI in RTI reply
Outstanding loans amounting to Rs 68,607 crore of top 50 wilful bank loan defaulters in the country including firms of Mehul Choksi and Vijay Mallya have been technically written off till 30 September, 2019, the Reserve Bank of India said in a RTI reply
Regulator SEBI on Thursday slapped a total fine of Rs 5 crore on fugitive businessman Mehul Choksi, Gitanjali Gems and another individual for violating various regulations, including listing norms
Modi, 48, currently lodged in a prison in London, is wanted in India in connection with the nearly $2 billion Punjab National Bank (PNB) fraud.
Bankers want jewellery industry to become more transparent, compliant to regain trust after Nirav Modi, Mehul Choksi scam
Incidents like the Nirav Modi and Gitanjali Gems have broken down the trust level for the gems and jewellery industry.
PNB fraud case: Mehul Choksi moves Bombay High Court against non-consideration of plea on health grounds
Mehil Choksi and his nephew diamantaire Nirav Modi are absconding after the biggest financial fraud came to light in February 2018 and are facing extradition from Antigua and Britain, respectively.
PNB scam: Gitanjali Gems headed to liquidation as bankers cite delays; Mehul Choksi-run firm owes creditors over Rs 12,550 cr
Mehul Chokis is a key player in the Rs 14,000-crore Punjab National Bank (PNB) scam
Mehul Choksi claims innocence, says not related to two firms involved in over Rs 14,000 cr PNB fraud
In a statement issued by his lawyers, the raids against Choksi were on the basis of "an old and dated (KYC) document" given to PNB
PNB scam: Extradition process against absconding jeweller Mehul Choksi underway in Antigua; took citizenship last year
Mehul Choksi, who left India last year, is wanted by the CBI and ED, which are probing the PNB fraud case
PNB fraud: Antigua and Barbuda government to examine India's extradition request for Mehul Choksi this week
Antigua has assured India that its law enforcement agencies are observing Choksi's movements.
Central Vigilance Commission directs banks, insurance companies to rotate employees in sensitive posts to check frauds
The move assumes significance as many big-ticket frauds have been reported recently from the banks.
BSE will move Videocon Industries, Gemini Communication, nine others to restricted trading segment from 3 September
The move is part of the surveillance review to ensure market safety and safeguard the interest of investors
BSE said, trading in securities of the nine companies will be suspended from 10 September 2018 on account of non-compliance with Regulation 33 of LODR Regulations for two consecutive quarters
PNB fraud: MEA keen on extraditing Mehul Choksi and Nirav Modi, awaits response from authorities in Antigua, UK
Choksi and Modi are wanted in India for allegedly defrauding the Punjab National Bank (PNB) of roughly Rs 14,000 crore. The duo reportedly worked with PNB staffers to pull-off the scam.
PNB in February said it had been defrauded by two jewellery groups that raised more than $2 billion credit overseas using fake guarantees.
PNB fraud: Antigua could extradite Gitanjali Gems boss Mehul Choksi to India under Commonwealth laws
On 5 August, India handed Antigua a request for Choksi's extradition, who is wanted in India in connection with the $2 billion Punjab National Bank (PNB) scam.
Daily Bulletin: SC judges to meet CJI over KM Joseph's appointment, SEBI to send notice to Mehul Choksi in Antigua and other top stories of the day
With controversy over Justice Joseph's appointment to Supreme Court to legal trouble for Kamal Hassan, here are the top stories for the day
PNB fraud: Sebi probe moves ahead; no clean chit given to fugitive businessmen Nirav Modi, Mehul Choksi
Sebi is probing alleged fraudulent trading, corporate governance-related violations, insider trading and disclosure related issues in the case of Punjab National Bank and Gitanjali Gems.