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Friday, July 25, 2025
TopicMehul Choksi

Topic: Mehul Choksi

Sushil Chandra gets vigilance clearance, to continue as CBDT chairman for another year

A discreet probe was conducted against Chandra and eight other senior I-T officials by CBI in connection with the Nirav Modi case.

CBI files charge sheet against Choksi & ex-PNB MD in $2 billion scam case

The charge sheet against Choksi comes after CBI submitted one against his nephew Nirav Modi alleging fraud of close to Rs 6,500 crore.

Take a break, Punjab National. You’ve done enough

Punjab National’s butter chicken is truly cooked, as the RBI continues to force all lenders to flush out dud loans.

Gems are collateral damage as India bank fraud hurts exports

Gems and jewelry exports fell 16.6 percent from a year ago pushing India’s trade deficit deep into the red and giving more ammunition to rupee...

CBI now probing Rs 4,918 crore loan to Choksi, given by a 31-bank consortium led by ICICI

CBI sources say this loan was given to Mehul Choksi’s Gitanjali group in 2013-14, could be added to the PNB scam amount at a later stage.

The playboy with a penchant for diamonds & paintings: The rise & fall of Nirav Modi

Nirav Modi's Gitanjali Gems saw its market value rise from Rs 9.9 billion to a Rs 58 billion in seven years. Now its market value stands at just Rs 1.46 billion.

On Camera

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

During Operation Sindoor, Pakistan likely used NATO-style aerial tactics taught by China

The Chinese are said to have hired ex-fighter pilots & air force operators from NATO countries over the past several years to help them fine-tune their operational & flying capabilities.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.