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1-10 results from 55 for query «mehul choksi»

17 May, 2018 5:22 PM ₹85 crore jewellery of Mehul Choksi’s Gitanjali group seized

The Enforcement Directorate has seized 34,000 jewellery items worth Rs. 85 crore of the Mehul Choksi-controlled Gitanjali group, which were imported from Dubai and kept at a strong-room of Bharat Diamond Bourse in Mumbai. “Proactive action by the ED ensured that the goods were brought to India from the office of Gitanjali Ventures DMCC in Dubai. When the consignment 31

25 April, 2018 2:43 PM Odisha junks Mehul Choksi’s project

MUMBAI: The Odisha government has scrapped a first-of-its-kind ₹636-crore private gem and jewellery, lifestyle and luxury goods park project that was to be set up in the state by Mumbai-based Mehul Choksi-promoted Gitanjali group. Even as Mr. Choksi and his nephew Nirav Modi, the prime accused in the ₹13,500-crore PNB scam, are evading arrest and have fled the country 38

22 April, 2018 8:45 AM Denied permission to withdraw money from bank, Mumbai man dies without treatment

MUMBAI: At a time when the Punjab National Bank (PNB) is facing flak for the multi-million scam involving celebrity jeweller Nirav Modi and his uncle Mehul Choksi, an ailing man in Mumbai died after one of the branches of the bank denied permission to his family to withdraw money for his treatment. The man, who was not allowed to withdraw money from his own account 66

17 April, 2018 10:46 AM Congress puts Madikeri seat on hold after reports of candidate being Mehul Choksi’s lawyer

The Congress had on Sunday announced its first list of 218 candidates for the upcoming Karnataka elections. Two days after releasing its first list of candidates for the Karnataka Assembly elections, the Congress has reportedly put the candidature for Madikeri seat on hold. News agency ANI quoted sources as saying that the seat was put on hold after 60

12 April, 2018 11:41 AM Nirav Modi in Hong Kong: MEA still awaiting response on request for extradition

New Delhi: The MEA on Thursday said that it is still awaiting a response from authorities in Hong Kong on the request for extradition made for billionaire jeweller Nirav Modi - an accused in the multi-crore PNB bank scam. Raveesh Kumar, the official spokesperson for the Ministry of External Affairs, has said that a formal request for Modi's arrest and extradition 75

9 April, 2018 4:52 PM CBI court allows freezing Nirav Modi's Barclays account

The special Central Bureau of Investigation (CBI) court allowed the agency to freeze the secret bank account of diamond merchant Nirav Modi in Barclays Bank with deposits of over ₹ 9 crores. On April 7, the special court had issued non bailable warrants against absconding Mr Nirav Modi and his uncle Mehul Choksi, accused of defrauding Punjab National 39

9 April, 2018 12:11 PM Provisional arrest of Nirav Modi from Hong Kong? China says basic law will be followed

New Delhi: Days after the Ministry of External Affairs submitted a request to Hong Kong authorities for provisional arrest of Nirav Modi, wanted in connection with PNB loan fraud, China has said that it will follow the basic and relevant laws under the relevant judicial agreements with India. Chinese Foreign Ministry spokesman Geng Shuang said, "the ministry 41

6 April, 2018 9:31 PM PNB fraud case: CBI quizzes ex-deputy governor of RBI

New Delhi: The CBI on Friday questioned a former Deputy Governor of the Reserve Bank, H R Khan, in connection with alleged bank fraud cases involving diamond traders Nirav Modi and Mehul Choksi and relaxation of gold import policy by the erstwhile UPA government, sources said today. The officials said he was questioned about the UPA government's 20:80 gold import 73

29 March, 2018 5:07 PM Frauds cost Rs 18,170 crore to banking sector in FY17: Report

The domestic banking sector reported a total of 12,553 fraud cases worth Rs 18,170 crore in fiscal 2016-17, with state-run Bank of Maharashtra registering the highest number of such cases, says a report. While Bank of Maharashtra reported 3,893 cases of fraud, private sector lender ICICI Bank came a close second with 3,359 cases and HDFC Bank the third 50

17 March, 2018 4:49 PM In PNB Fraud, 11 Accused Get Judicial Custody Till March 28

PNB Fraud: The CBI has alleged that the firms controlled by diamond baron Nirav Modi and his uncle Mehul Choksi had obtained fraudulent LoUs and letters of credit (LCs), worth over Rs 13,000 crore from the PNB in connivance with some officials of the bank. Mumbai: A special CBI court in Mumbai today remanded the 11 accused arrested in connection with the multi-crore 81