Wednesday, 29 June, 2022
TopicPNB Scam

Topic: PNB Scam

Nirav Modi to be kept in custody till 29 March after UK court denies him bail

The Indian businessman accused in PNB fraud case has been on the run since February 2018. 

London court issues arrest warrant for PNB scam accused Nirav Modi

The warrant issued by Westminster Magistrate Court comes after United Kingdom's home secretary Sajid Javid referred to India's request for extraditing Modi earlier this month.

Nirav Modi and PM Modi have uncanny similarity: Rahul Gandhi’s dig at govt

Rahul Gandhi's jibe at PM Modi and his govt comes amid UK media reports of Nirav Modi living in London and of having a new diamond business.

Mehul Choksi says extradition talk is fake news, have faith in Antigua

Mehul Choksi says matter of his extradition is sub-judice and is yet to be disposed of by Antiguan courts.

Nirav Modi, Vijay Mallya, Mehul Choksi will be brought back just like Michel: Javadekar

Union minister Prakash Javadekar assured that the government will recover all of the "looted money", and their properties attached to ongoing cases.

Enforcement Directorate attaches assets worth Rs 637 crore of Nirav Modi

The Punjab National Bank case is one among very few where Indian agencies have attached assets abroad in a criminal probe.

Like nephew, Mehul Choksi used shell firms to keep spoils of Rs 13,600 crore PNB con: ED

ED has accused Choksi of diverting Rs 3,257 crore of the Rs 6,000 crore credit accessed by his group companies from PNB.

Not just banks, India’s entire economy is a victim of Nirav Modi and Mehul Choksi’s scams

The cost of funds for exporters and importers has risen as industries are forced to seek new credit tools with smaller enterprises taking the largest hit

Nirav Modi sent & received same diamonds worth millions by FedEx: US probe

A 3 carat large yellow diamond was allegedly shipped at least 4 times between Modi's shadowy companies over 5 weeks in 2011.

Parliament panel tells RBI: Don’t equate genuine business failures with wilful defaulters

Standing committee on finance also tells central bank to stop ‘knee-jerk’ reactions like discontinuing LoUs which it did after Nirav Modi ‘fraud’.

On Camera


File photo of Isha Ambani, daughter of billionaire Mukesh Ambani | Bloomberg

Mukesh Ambani’s daughter Isha Ambani to be named chair of Reliance retail

Isha Ambani, the current director of Reliance Retail Ventures Ltd., is expected to be announced as the chair as early as Wednesday.


The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.