Nirav Modi
Consumer
Nirav Modi's second firm set for liquidation
Fugitive diamantaire Nirav Modi-owned Firestar International Pvt Ltd has been ordered for liquidation by the Mumbai bench of the bankruptcy ......
People
UK court allows extradition of diamond billionaire Nirav Modi to India
A London court ruled on Thursday that billionaire Indian diamond magnate Nirav Modi could be extradited to his home country ......
Finance
PNB reports $491 mn Dewan Housing loans as fraud
Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth 36.89 billion ......
Finance
Insolvency court orders to liquidate fugitive Nirav Modi's scam-hit firm
Fugitive diamantaire Nirav Modi's firm Firestar Diamond International Pvt. Ltd is set to be liquidated after the Mumbai bench of ......
Finance
SEBI fines Gitanjali Gems for withholding information in $2 bn PNB bank fraud
India's securities regulator on Thursday fined jewellery retailer Gitanjali Gems Ltd and its executives 50 million rupees ($695,700) for failing ......
General
Fugitive diamond magnate Nirav Modi's rare art collection to be auctioned
The seized assets of Indian diamond magnate Nirav Modi, arrested in Britain last year over fraud allegations, will be auctioned ......
Finance
CBI set to file fresh charges in $2 bn Punjab National Bank fraud case
The Central Bureau of Investigation will soon file fresh charges in the $2 billion Punjab National Bank (PNB) fraud case ......
Finance
Punjab National Bank detects $556 mn fraud by Bhushan Power & Steel
The Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 ......
Finance
Wilful defaults in India cross $21 bn in 2018-19
India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults” in 2018-19, with the ......
Finance
Stressed assets this week: Nirav Modi firms head to NCLT; reprieve for Sterling Biotech
There was plenty of action at the bankruptcy courts this week, with breakthroughs achieved in a couple of cases that ......
