Another fraud worth ₹3,800 hits ailing Punjab National Bank

India’s 2nd largest PSU bank Punjab National Bank is once again duped with a fraud of ₹3,800 crores by Bhushan Power & Steel Ltd.

Before Budget: 7 corporate scams that robbed India’s economy

India is aiming towards achieving a 5 trillion-dollar economy by 2024. Investors around the world are showing great interest in the rapidly growing economy. Still, the country’s very own citizens are sometimes afraid of investing their money in the stock market.

London Court orders judicial custody of Nirav Modi till July 25

London’s Westminster Magistrate’s court on Thursday remanded Fugitive diamantaire Nirav Modi to judicial custody till July 25 for questioning in

How soon can India put Nirav Modi-Mehul Choksi duo behind bars?

Antigua has assured India that one half of the fugitive duo, Mehul Choksi will be extradited to India. In a recent development, the Antiguan Prime Minister Gaston Browne told Indian government that fugitive Mehul Choksi, maternal uncle and co-conspirator of the ₹13400 crore PNB scam, will be extradited to India and his citizenship will be revoked.

Nirav Modi bail plea rejected for the fourth time

Nirav Modi, the man behind the PNB scam in India, who fled to the UK was arrested on 20 March. Thereafter, he was put in Her Majesty’s…

Is Modi using Modi?

The timing arguably works in BJP’s favour to raise the sentiment of the masses ahead of the polls. Nirav Modi’s arrest is a welcome relief for a country struggling to keep tabs on economic offenders. But learning from Mallya’s arrest,  extradition…

CBI confirms ongoing extradition proceedings against Nirav Modi

Extradition proceedings against Nirav Modi underway: CBI sources Extradition proceedings of fugitive businessman Nirav Modi are underway, sources in Central Bureau of Investigation said on Tuesday. “The extradition process of Nirav Modi is on, we are doing everything as per…

Nirav Modi living freely in London in his £8 million flat

Nirav Modi living freely in £8 million flat in London Wanted diamond trader Nirav Modi, one of the prime accused in the PNB scam in India, has been tracked down to an 8-million pound apartment in London’s posh locality West…