Pnb Fraud-case

Showing of 21 - 40 from 148 results
Pnb Fraud-case - Total results - 148
PNB fraud: Nirav Modi likely to seek bail; proceedings may follow pattern similar to Vijay Mallya case
Business

PNB fraud: Nirav Modi likely to seek bail; proceedings may follow pattern similar to Vijay Mallya case

Nirav Modi is now believed to be running a new business, which describes itself on the UK's Companies House register as a wholesale trader in watches and jewellery and a retailer of watches and jewellery in specialised stores.

PNB fraud: Enforcement Directorate gets PMLA court's permission to auction 173 paintings, 11 cars belonging to Nirav Modi
Business

PNB fraud: Enforcement Directorate gets PMLA court's permission to auction 173 paintings, 11 cars belonging to Nirav Modi

Last week, the court had issued a non-bailable warrant against Ami Modi, wife of Nirav Modi, a key accused in the $2 billion Punjab National Bank fraud case.

PNB fraud: Mumbai court issues non-bailable warrant against fugitive diamantaire Nirav Modi's wife, Ami
Business

PNB fraud: Mumbai court issues non-bailable warrant against fugitive diamantaire Nirav Modi's wife, Ami

The warrant against Nirav Modi's wife, Ami was issued by Special Prevention of Money Laundering Act (PMLA) Judge M S Azmi after he took cognisance of the supplementary charge sheet filed by the ED against Nirav Modi (48) and other accused a few days ago

Maharashtra authorities to demolish fugitive diamond merchant Nirav Modi's Alibaug bungalow
Business

Maharashtra authorities to demolish fugitive diamond merchant Nirav Modi's Alibaug bungalow

District collector Vijay Suryawanshi issued demolition orders for the bungalow after the Enforcement Directorate handed over the property in connection with the Rs 13,000 crore alleged PNB fraud case.

Nirav Modi says he cannot return to India as he 'fears for his life', claims ED is 'guilty of committing fraud'
India

Nirav Modi says he cannot return to India as he 'fears for his life', claims ED is 'guilty of committing fraud'

Fugitive diamantaire Nirav Modi, who is wanted by several probe agencies in India in connection with a Rs 13,500 crore PNB fraud case, said that he will not return to India as he "fears for his life".

CEOs of state banks can request for look-out notices against wilful defaulters, fraudsters
Business

CEOs of state banks can request for look-out notices against wilful defaulters, fraudsters

Earlier this year, the government formed an inter-ministerial panel to look into various issues, including how to put a check on wilful defaulters fleeing the country.

'Is parallel system running in jails?': Supreme Court frowns over 'special treatment' to Chandra brothers
India

'Is parallel system running in jails?': Supreme Court frowns over 'special treatment' to Chandra brothers

The apex court also flagged the issue raised in recent media reports about use of mobile phones inside jails in several states, including Bihar.

PNB fraud case: Mehul Choksi tells special court in Mumbai he will appear before it if he is fit to travel
Business

PNB fraud case: Mehul Choksi tells special court in Mumbai he will appear before it if he is fit to travel

Mehul Choksi, accused of involvement in the over USD 2 billion fraud at Punjab National Bank, has told a special court in Mumbai that he will appear before it if he is fit to travel.

PNB fraud: Nirav Modi's assets, valuables worth Rs 255 cr seized by Enforcement Directorate in Hong Kong
Business

PNB fraud: Nirav Modi's assets, valuables worth Rs 255 cr seized by Enforcement Directorate in Hong Kong

Earlier, on 30 September, the ED had attached assets worth Rs 637 crore of Modi and his family, including two apartments in New York’s iconic central park, as part of its fresh action in the $2 billion alleged bank fraud in the PNB.

PNB loan fraud case: ED attaches assets worth over Rs 218 cr of Mehul Choksi and other accused
Business

PNB loan fraud case: ED attaches assets worth over Rs 218 cr of Mehul Choksi and other accused

The ED is probing this case along with the CBI where it is alleged that Nirav Modi and Choksi defrauded the Brady House branch of the Punjab National Bank (PNB) in Mumbai to the tune of about $2 billion (over Rs 13,000 crore) in alleged connivance with officials.

Amalgamation not on cards; focus on internal consolidation, making bank financially healthy, says PNB MD Sunil Mehta
Business

Amalgamation not on cards; focus on internal consolidation, making bank financially healthy, says PNB MD Sunil Mehta

PNB has registered credit growth more than the industry average, and appreciating the pace of recovery, the government has decided to provide Rs 5,431 crore capital support.

PNB scam: Antigua govt assures India full cooperation in extradition of fugitive diamantaire Mehul Choksi
India

PNB scam: Antigua govt assures India full cooperation in extradition of fugitive diamantaire Mehul Choksi

Sushma Swaraj met Foreign Minister of Antigua and Barbuda EP Chet Greene in New York on the sidelines of the 73rd session of the UNGA and raised the extradition issue of Mehul Choksi.

Fraud-hit PNB invites bids for nearly two dozen NPAs to recover over Rs 1,320 cr; intensifies efforts to cut bad loans from balance sheet
Business

Fraud-hit PNB invites bids for nearly two dozen NPAs to recover over Rs 1,320 cr; intensifies efforts to cut bad loans from balance sheet

These accounts of PNB are concentrated at Mumbai, Chennai, Delhi, Patna, Chandigarh and Patna zones of Punjab National Bank.

PNB scam: Mehul Choksi diverted over Rs 3,250 cr to foreign shores; sold jewellery at inflated prices: ED
Business

PNB scam: Mehul Choksi diverted over Rs 3,250 cr to foreign shores; sold jewellery at inflated prices: ED

Mehul Choksi, talking to some media organisations, has termed ED's allegations as "false and baseless".

PNB fraud: Interpol issues Red Corner Notice against Nirav Modi's sister Purvi in money laundering case
Business

PNB fraud: Interpol issues Red Corner Notice against Nirav Modi's sister Purvi in money laundering case

Last week Interpol issued an Red Corner Notice against Mihir R Bhansali, a close confidante and senior executive of Nirav Modi

Big wilful defaulters' dues to scam-hit Punjab National Bank drop 1.8% to Rs 15,175 crore in July
Business

Big wilful defaulters' dues to scam-hit Punjab National Bank drop 1.8% to Rs 15,175 crore in July

The bank made a recovery from bad loans to the tune of Rs 7,700 crore in the first quarter ended June, 2018-19 as a result of its turnaround strategy it adopted last year

BSE, NSE to suspend trading in shares of 9 firms including Gitanjali Gems, Amtek Auto
Business

BSE, NSE to suspend trading in shares of 9 firms including Gitanjali Gems, Amtek Auto

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 scam: Investigators want to question Nirav Modi’s confidant Mihir Bhansali after emergence of shocking new details
Business

PNB scam: Investigators want to question Nirav Modi’s confidant Mihir Bhansali after emergence of shocking new details

According to sources Bhansali, who lives in a $7 million Manhattan apartment overlooking the sublime Hudson River, was not only the top executive of Firestar Diamond but an active collaborator helping Modi pull off the biggest fraud in the Indian banking history.