Punjab National Bank
Healthcare
Dhanuka Laboratories takes over Orchid Pharma under insolvency plan
Dhanuka Laboratories Ltd has taken over Orchid Pharma Ltd as per an insolvency resolution plan that was approved by courts ......
General
Grapevine: Jindal India Thermal Power's lenders reject promoters' resolution offer
Jindal India Thermal Power’s 17-member lenders’ consortium has rejected the promoters debt resolution offer that proposes...
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...
Manufacturing
Kotak stressed assets fund pulls Jindal Stainless out of debt rejig
The distressed assets fund of Kotak Investment Advisors announced its debut deal with a Rs 500 crore ($69 million) investment...
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...
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
Why the govt's lending push could come back to bite the banking sector
Deen Dyal, who runs a tea stall on the outskirts of New Delhi, was beaming when he walked out of ......
Finance
SBI to trim stake in UTI Mutual Fund via IPO
Top lender State Bank of India on Wednesday approved the sale of an up to 8.25% stake in mutual fund ......
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
CBI registers 42 new bank fraud cases totalling $1 bn
India’s federal police said on Tuesday that they had registered 42 new cases of bank fraud amounting to about 72 ......
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