Nirav Modi, the fugitive diamond merchant wanted in India to stand trial on...
Former British Army soldier Daniel Abed Khalife, 21, who was awaiting trial...
Chowdhury, the leader of the Congress in Lok Sabha, was suspended on Thursday...
Days after Nationalist Congress Party leader Ajit Pawar joined the...
Markets regulator Sebi has ordered the attachment of bank accounts and shares...
It is high time the Indian government signalled discomfort with the UK...
Housing finance company (HFC) PNB Housing is planning to focus on reducing...
Sebi on Thursday sent a notice to fugitive businessman Mehul Choksi asking...
The Securities Appellate Tribunal (SAT) has stayed the ban imposed by the...
She said she was an "Indian citizen and a law abiding citizen" and has not...
Based on repeated appeals from Choksi, who is wanted in the Rs 13,000 crore...
The name of fugitive diamantaire Mehul Choksi wanted in a Rs 13,000-crore...
The CBI has registered an FIR against an officer of Punjab National Bank...
The diamantaire's counsel said there is a vigilance manual circular that the...
Nirav Modi, the fugitive diamond merchant wanted in India to stand trial on...
If his attempt to have his appeal heard in the Supreme Court fails, in...
Diamond merchant Nirav Modi on Wednesday lost his appeal against extradition...
The high court in London on Tuesday began hearing evidence from two leading...
The Enforcement Directorate Friday said it has attached gems, jewellery and...
A British court on Tuesday opened the continuation appeal hearing in the...
The ED has filed a fresh chargesheet against absconding jeweller Mehul...
Mortgage lender HDFC Ltd on Wednesday announced an increase in its benchmark...
All the proceedings against Choksi of illegal entry into Dominica were...
The continuation appeal hearing in the extradition case of Nirav Modi, the...
The CBI has filed a fresh case against absconding diamantaire Mehul Choksi,...
Subhash Shankar Parab, a key accused in the Rs 7,000 crore diamantaire Nirav...
If there were an Olympics for bank frauds in India, Rishi Agarwal, founder...
Sebi has barred fugitive businessman Mehul Choksi and one Rakesh Girdharlal...
'I was shocked by the kidnapping episode. I could have lost my life.'
The Reserve Bank of India (RBI) on Wednesday said it has imposed a penalty of...
The High Court in London on Tuesday began hearing Nirav Modi's appeal on the...
Nirav Modi, the fugitive diamond merchant wanted in India to face charges of...
In a major blow to Nirav Modi, a bankruptcy court in the US has rejected a...
A special court here on Friday allowed 'restoration' of properties worth Rs...
A high court judge in London on Monday granted fugitive diamond merchant...
Diamantaire Mehul Choksi has landed in Antigua and Barbuda, where he has been...
Diamantaire Mehul Choksi will "only" return to Dominica to face trial for...
The Dominica high court has granted bail to fugitive diamantaire Mehul...
The Securities Appellate Tribunal (SAT) will hear the case related to the PNB...
Despite recent developments that have accelerated the impending extradition...
The 50-year-old jeweller, who remains behind bars at Wandsworth Prison in...
It was perhaps over-enthusiasm that prompted the Indian investigative...
PNB Housing Finance on Wednesday said it will disclose the outcome of...
Wanted diamond merchant Nirav Modi, whose extradition to India was ordered in...
About 40 per cent of the money lost by banks in the PNB scam and the fraud...
Setting aside Sebi's direction, the Securities Appellate Tribunal (SAT) on...
Companies owned by fugitive diamantaire Mehul Choksi have allegedly siphoned...
Given how everything has played out, Mehul Choksi, now 62, achieved all that...
Currently, Choksi has got interim relief from immediate repatriation to India...
"Well, he never used words like escape or shared with me such a plan like...
The RBI on Monday imposed penalty aggregating to Rs 6 crore on Bank of India...
Dominica high court on Thursday adjourned the hearing on a habeas corpus...
Private equity firm Carlyle Group and associates will acquire a controlling...
'My husband is no longer an Indian citizen. 'In 2017, he ceased to be an...
The Government of Dominica has told a court there to reject the habeas corpus...
The Dominica high court has stayed the removal of Choksi from its soil and...
The case of fugitive diamantaire Mehul Choksi is proving to be a hot potato...
Police in Dominica captured Choksi on Tuesday night (local time) after an...
Fugitive diamantaire Mehul Choksi, wanted in a Rs 13,5000-crore loan fraud in...
'One cannot avoid speculating whether there was something else at play that...
'It could take at least a couple of years for his case to go through the...
The issue of extradition of Vijay Mallya and Nirav Modi figured in a virtual...
The British home secretary has granted permission for jeweller Nirav Modi's...
Prompt measures and legal actions taken by the Indian government and PNB...
The United Kingdom's home department has cleared the extradition of fugitive...
Finance Minister Nirmala Sitharaman on Thursday said that fugitive...
With a UK court ruling in favour of the extradition of fugitive diamond...
The UK court, which had been presented with detailed submissions regarding...
The Indian High Commission in London on Thursday welcomed the Westminster...
The UK judge who handed down his judgment on Thursday in favour of the...
Wanted diamond merchant Nirav Modi on Thursday lost his fight against being...
The diamond merchant wanted in India on charges of fraud and money laundering...
Wanted diamond merchant Nirav Modi, who remains behind bars in a London...
Wanted diamond merchant Nirav Modi appeared via videolink from his London...
The Enforcement Directorate has attached assets worth over Rs 14 crore...
A UK Judge on Friday stated that the ruling in fugitive diamond dealer Nirav...
Nirav Modi's lawyer raised a British court's judgment blocking the...
Fugitive diamantaire Nirav Modi's sister and brother-in-law have "turned...
Fugitive diamond merchant Nirav Modi, wanted in India in connection with the...
Nehal, 41, is charged in a New York Supreme Court indictment with Grand...
Nirav Modi, wanted in connection with the estimated $2-billion Punjab...
'If you give your ID and password to somebody else, how can anybody blame the...
A UK judge presiding over the extradition proceedings of Nirav Modi on...
The 49-year-old jeweller, fighting extradition in the estimated $2-billion...
The 49-year-old jeweller, fighting extradition to India on charges of fraud...
Leaving behind the luxe life and dapper suits of foreign banks, Puri and his...
The 49-year-old jeweller, wanted in India on charges of fraud and money...
PNB has rich experience in the integration of commercial banks.
The third day of the five-day hearing at Westminster Magistrates' Court,...
Modi is subject to two sets of criminal proceedings, the first brought by the...
Sebi orders attachment of bank, demat accounts of Mehul Choksi and Gitanjali...
Once such a notice is issued against a fugitive, the Interpol asks its...
The RBI had on August 7 announced a five-member expert panel under former...
The government had moved NCLT to freeze the assets of 19 people after CBI...
All these companies were provided loans by PNB as part of consortium lending.
Besides, completing the arguments on establishing a prima facie case against...
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000...
CBI has registered a case against general secretary of Mumbai BJP Mohit...
The Centre has advised banks to make a 20 per cent reduction in expenditure...
The 49-year-old jeweller, who has been lodged at Wandsworth Prison in...
The valuables include polished diamonds, pearls and silver jewellery and are...
PNB took the delivery of these high-end luxury cars worth approximately Rs...
The special court, however, did not permit the ED to attach the paintings...
The charges against the diamond merchant centre around his firms Diamonds R...
District Judge Samuel Goozee expressed his concern at the late submission of...
The five-day extradition trial of fugitive diamond merchant Nirav Modi will...
According to the RTI reply, absconding diamantaire Choksi's company Gitanjali...
Most of the legal cases in the UK are switching to videolink and telephonic...
He appeared via videolink from the prison as his legal team offered a package...
The items which included a Porsche Panamera and a gold Cartier wristwatch...
The 48-year-old, who has been lodged at Wandsworth prison in south-west...
The issue in contention was whether the High Court of England and Wales...
Only 40 per cent of the forensic information required was made available by...
Modi is the second businessman after liquor tycoon Vijay Mallya to be...
Modi appeared for his regular 28-day "call-over" appearance from London's...
Chief Magistrate Emma Arbuthnot at Westminster Magistrates' Court in London...
All transfers and promotions for next financial year will be decided by...
Theoretically, Modi, who understood corporate finance, committed no crime by...
Westminster magistrates' court judge Nina Tempia confirmed that Modi's...
"I can assure you that he will be ultimately deported after exhausting all...
Nirav, 48, appeared before the Westminster magistrates' court via videolink...
He has been lodged at Wandsworth prison in south-west London since his arrest...
The attached properties include three commercial assets based in Dubai, a...
The Singapore high court has put a freeze on deposits of $ 6.122 million...
In her judgment handed down at the Royal Courts of Justice in London, Justice...
Official sources said while the accounts of Nirav Modi, the diamantaire under...
The Antiguan prime minister had told Indian government that even criminals...
In her judgment handed down at the Royal Courts of Justice in London, Justice...
Justice Ingrid Simler at the Royal Courts of Justice in London concluded the...
If lodged in the barrack, Modi is likely to get three square metre personal...
'The web of transactions is so complex that it requires expertise to...
The Crown Prosecution Service said the hearing for his bail petition will...
The judge also asked the Indian government to provide within 14 days the...
He is set to be produced from custody before Judge Emma Arbuthnot for the...
Modi's defence team doubled the bail security to 2 million pounds and offered...
His legal team, led by solicitor Anand Doobay, have previously offered one...
He is believed to have been living in the UK on an Investor Visa, applied for...
The Income Tax Department had last month auctioned several art works that...
During the course of the hearing last month, it emerged that Modi had made...
The common denominator: They were predominantly Gujarati, mostly male, and...
The diamond merchant, who has been behind bars at HMP Wandsworth in...
Clare Montgomery, Modi's barrister, made a series of offers to try and...
Dinesh Vazirani on how he built Saffronart into an institution.
The judge fixed April 26 as the next date of hearing when he will appear via...
Besides the passports, Modi also possesses multiple residency cards, some of...
Friday's hearing is expected to be presided over by Chief Magistrate Emma...
The ED officer will carry the latest charge sheet filed by the agency against...
As many as 68 artworks went under the hammer on Tuesday evening and included...
"He is expected to be produced before the court for a second bail application...
While in custody and until the first hearing in his extradition case next...
District Judge Marie Mallon said there were substantial grounds to believe...
The legal procedure of extradition of an accused takes its own time and...
Sixty-eight paintings that once belonged to fugitive diamond merchant Nirav...
Modi, a diamond jeweller whose designs have been worn by Hollywood stars, is...
ED team managed to get several bank statements from Barbados, Dubai, Hong...
ED said the United Kingdom's home secretary recently referred India's request...
The move takes the process of extraditing and bringing back Nirav Modi to...
'It seems PM Modi is running a bank fraudsters settlement company for the...
Modi, 48, is currently living in a three-bedroom flat occupying half of a...
While the fixtures from the bungalow will be up for auction, three items, a...
The authorities have received the opinion of structural engineers, and would...
FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan...
Choksi is wanted in India by the CBI and the Enforcement Directorate, which...
Modi also reiterated that he cannot return to India due to safety concerns...
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the...
Use of blockchain technology will ensure that banks will not be blindsided...
The ED has claimed that Nirav Modi had refused to join the probe despite...
The assets have been attached as part of five separate orders issued by the...
Both Purvi Deepak Modi and Neeshal Modi are accused in the $2-billion scam...
The notice, which acts as an international arrest warrant, states that Purvi...
Choksi has appealed to the Interpol to not issue an RCN against him as the...
Nirav Modi, along with his wife Ami Modi, a US citizen, brother Nishal Modi,...
The government has given sanction for prosecution against PNB executive...
India looking at bringing back Choksi under Antiguan law applicable to...
If the absconding jeweller is traced in Britain, the extradition request to...
Choksi, who was allegedly the partner-in-crime of his nephew Nirav Modi in...
The PMLA court in Mumbai has sought their appearance on September 25 (Nirav...
He escaped the country in the first week and took the oath of allegiance in...
In its RCN issued against a fugitive, the Interpol asks its 192 member...
Bank provides for Rs 7,178 crore, or 50 pf of the total amount of the Rs...
During his stay in London, he was reportedly living in the heart of the city...
CBI said it had shared the information about revocation of his passport in...
Modi wanted in India for an alleged Rs 13,500 crore Punjab National Bank...
The ED has charged the accused under various sections of the Indian Penal...
Nirav Modi and his uncle Mehul Choksi are being investigated by the...
The agency has written to the Interpol to issue a Red Corner Notice which...
However, the road to profitability has already hit some hurdles for the...
The chargesheet was filed against Nirav Modi and 23 others.
The 12,000-page charge sheet further claimed that a similar fraud was...
"The downgrade of the bank's BCA and ratings reflects the negative impact of...
Choksi, along with his nephew and millionaire designer jeweller Nirav Modi,...
The Reserve Bank has permitted PNB to make provisions against the fraud amount.
The chargesheet, filed in a special court in Mumbai, also names several other...
In all, 292 allegedly fraudulent LoUs and 224 foreign letters of credit were...
The bench also said there was merit in ED's contention that while the...
The issuance of NBWs by a court also opens door of seeking Red Corner notices...
The four officials were asked questions related to the UPA government's...
'PNB had confirmed compliance with the RBI's prescription in its circular of...
'There are so many issues that the CVC is examining both with reference to...
We might not have been seeking out baubles, says Kishore Singh, but there's...
With the entire fraud amount becoming a non-performing asset, around 25 per...
Officials said the Enforcement Directorate along with the Central Bureau of...
Since most banks have tightened lending to diamond merchants and others are...
The bank also issued 234 LoUs worth Rs 1,880 crore to another group of...
The jeweller, who had left the country before Punjab National Bank approached...
The challenge before the management is ensuring simultaneous disclosure of...
There can't be a parallel inquiry and parallel monitoring by the courts,...
Public sector banks have decided to improve their risk-management systems
'If the RBI had done the right things, these mistakes would not have happened...
With the management of most State-owned banks hardly having time to...
The Reserve Bank of India also banned with immediate effect issuance of...
It appears that the BJP government has succeeded in managing the...
The bank has one of the highest current account savings account share, stable...
Legal experts are not sure if threat of confiscation of property will be...
"Our preliminary estimates show we may have to provide for around Rs 60...
The case goes back to 2014, where the diamond merchant had pleaded guilty,...
In a 7-page letter Choksi said, he was being threatened by the individuals...
Hollywood turned to jewels by Chokshi.
The scheme, touted as a panacea to burgeoning CAD, was a huge flop that...
Parliamentary Affairs Minister Ananth Kumar said the government is ready for...
'Retail investors have been selling since the Budget and Foreign Portfolio...
Vipul Chitalia was apprehended at Mumbai airport and brought to the CBI...
A large number of public sector bank employees, as a matter of routine, do...
'The RBI can make a change in EMI the default option, when interest rates...
Noisy protests disrupted the both houses of the Parliament on the first day...
'The government must find worthwhile private owners for some of the banks,...
The two diamond traders, who are said to have left the country before...
According to ED sources Sunil Mehta said the fraud took place due to...
Reduce the government stake in public sector banks to 33 per cent, recommends...
Few scam-related stocks regain lost glory.
The US Department of Justice declined to comment on Modi.
Offenders will be tried under Prevention of Money Laundering Act
A quick computation puts the following value to the seizures.
ICAI intends to investigate the chartered accountants of PNB but the bank...
Decades apart, but the drama linked to the two appears similar, says Nivedita...
The I-T department also attached 34 bank accounts and fixed deposits, valued...
The combined market capitalisation of the 21 listed PSU banks declined by...
'We don't trade with any business where we have specific concerns,' a De...
Even existing cases might come under the proposed law, including those of...
'Four weeks have passed after the scam was exposed, yet no big guy has been...
PNB issued a formal appointment letter to Belgium-based consultancy firm BDO
The CBI on Wednesday directed him to contact the embassy of India in a...
Gitanjali Gems and Firestar Diamonds together account for 5.8 per cent of the...
What was the RBI doing, what was the PNB top management doing, what were the...
The banking sector's credibility is on thin ice.Unless the government takes...
The PNB ambassador is Virat Kohli, Priyanka Chopra and Siddharth Malhotra are...
'The fact remains that as of today, the justice that I deserve is far off, as...
'We want the government to provide job security for all these workers,' says...
The spotlight is back on the hawala trade in diamonds.
'If there is any industry that is unfit for modern corporate form it is the...