Income Tax returns of 50 rich Indians, who bought Nirav Modi jewellery, to be re-assessed
The Income Tax Department has decided to re-assess the ITRs of over 50 high net-worth individuals who purchased costly jewellery from firms owned by absconding diamantaire Nirav Modi.
Jul 14, 2018, 16:39 PM IST
PNB fraud: ED moves court seeking fugitive offender tag against Nirav Modi, Choksi
Nirav Modi and his uncle Choksi are being investigated by the ED and the CBI after it was detected that they allegedly cheated PNB of more than Rs 13,400 crore.
Jul 11, 2018, 20:14 PM IST
PNB to shutter most operations in fraud-hit Mumbai branch: Sources
The 123-year-old bank has lost more than half its market value since the fraud came to light in late January.
Jul 04, 2018, 06:31 AM IST
ED to seek fugitive tag for Choksi after court takes cognisance of chargesheet
The special Prevention of Money Laundering Act court today took cognisance of a criminal prosecution compliant - chargesheet - filed by the agency against Choksi and 13 others on June 28 under the anti-money laundering law.
Jul 03, 2018, 17:49 PM IST
Interpol issues Red corner notice against Nirav Modi: What it means
Nirav Modi left the country along with his family in the first week of January, weeks before the scam was reported to the CBI.
Jul 02, 2018, 10:08 AM IST
Interpol issues Red Corner Notice against Nirav Modi
The Red Corner Notice will reportedly allow enforcement agencies of the member countries of Interpol to try to find and make arrests in their respective countries.
Jul 02, 2018, 10:08 AM IST
PNB scam: Choksi moves court seeking cancellation of NBW
In the application, he claimed that he cannot travel because of his medical condition.
Jun 28, 2018, 13:55 PM IST
Nirav Modi stayed in flat above jewellery store in London: Report
The 47-year-old diamantaire was able to travel in and out of Britain at least four times since his passport was cancelled by the Indian authorities in February.
Jun 25, 2018, 11:13 AM IST
Internal report blames procedural lapses, officials involvement for PNB fraud
Over 200 pages internal report also alleged procedural lapses at several levels that go far beyond India and some of the branches of other state-owned lenders, sources said.
Jun 21, 2018, 12:18 PM IST
Nirav Modi managed to travel across several countries despite Interpol alert: CBI
Absconding diamantaire Nirav Modi managed to travel across several countries even after information about his passport being revoked by the Indian government was flashed in the Interpol central database on February 24, the CBI said on Monday.
Jun 18, 2018, 21:41 PM IST
Absconding diamond merchant Nirav Modi possesses 6 Indian passports, faces fresh FIR
Absconding diamond merchant Nirav Modi has been traced to Belgium by Indian intelligence agencies and his frequent travels, despite the revocation of his passport, have led the sleuths to unearth that of the six passports he held, two were active for quite some time.
Jun 17, 2018, 21:58 PM IST
ED seeks red corner notice against Nirav Modi
The agency`s move comes in the wake of the charge sheet it filed against 23 people including Nirav Modi in a special court in Mumbai.
Jun 14, 2018, 17:43 PM IST
CBI approaches Interpol, seeks Red Corner Notice against Nirav Modi
The Red Corner Notice will reportedly allow enforcement agencies of the member countries of Interpol to try to find and arrest them in their respective countries.
Jun 11, 2018, 17:48 PM IST
Chidambaram takes jibe at Centre over PNB scam
The Punjab National Bank (PNB) detected the multi-crore scam
Jun 11, 2018, 12:28 PM IST
Nirav Modi flees to UK claiming political asylum: Report
Both Nirav Modi and Choski are said to have left the country before criminal cases were lodged against them.
Jun 11, 2018, 09:43 AM IST
No stone unturned in trying to get Vijay Mallya extradited from UK: MEA
In February 2017, India made a formal request to the UK for the extradition of Mallya, who faces charges of financial misconduct amounting to nearly Rs 9,000 crore in debt owed to Indian banks by his defunct Kingfisher Airlines.
Jun 08, 2018, 08:34 AM IST
ED files charge sheet against Nirav Modi, associates
The ED on Monday said that it has attached more properties of Nirav Modi worth Rs 171 crore as part of its probe in the multi-crore Punjab National Bank (PNB) fraud.
May 24, 2018, 18:08 PM IST
PNB fraud: ED attaches Rs 170-crore assets of Nirav Modi
Last week, the agency had seized over 34,000 pieces of jewellery worth Rs 85 crore from Gitanjali Group, owned by Nirav Modi's uncle and jeweller Mehul Choksi, also wanted in this case.
May 21, 2018, 17:52 PM IST
Wilful defaults by PNB's big borrowers rise further to Rs 15,200 cr by April-end
The bank which posted a record loss of more than Rs 13,400 crore for the last quarter of 2017-18 closed the fiscal with big wilful defaults of Rs 15,171.91 crore, according to the PNB data.
May 21, 2018, 17:34 PM IST