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1-10 results from 81 for query «nirav modi»

15 May, 2018 5:31 PM Allahabad Bank CEO divested of powers

CBI had named her in Nirav Modi FIR State-run lender Allahabad Bank has decided to relieve its managing director and chief executive officer Usha Ananthasubramanian of her powers after she was named in the first information report filed by the Central Bureau of Investigation in the ₹13,800-crore Nirav Modi scam that defrauded Punjab National Bank (PNB) 52

15 May, 2018 4:49 PM Allahabad Bank CEO divested of her portfolio

State-run lender Allahabad Bank has decided to relieve its managing director and chief executive officer Usha Ananthasubramanian of her powers after she was named in the first information report filed by the Central Bureau of Investigation in the ₹13,800-crore Nirav Modi scam that defrauded Punjab National Bank (PNB). Ms. Ananthasubramanian was the managing 43

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

12 April, 2018 4:58 PM No word on Nirav Modi from Hong Kong

The Hong Kong authorities have not yet confirmed to India about any action against fugitive diamond merchant Nirav Modi or even his presence within their jurisdiction. “Our Mission in Hong Kong has informed us that the Department of Justice of Hong Kong is still examining our request for the Provisional Order of Arrest of Nirav Modi. We are awaiting 22

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

6 April, 2018 10:20 AM ICICI Bank 1st to get Swift's new cross-border payment service

Global financial messaging cooperative Swift today said ICICI Bank has become its first Indian client to go live with an improved cross-border payments service. The announcement of the service, which Swift claimed as being more transparent, comes weeks after the discovery of one of the largest banking frauds to be detected in Indian history, the Rs 12,900-crore 61