The federal agency is probing both Nirav Modi and his uncle Mehul Choksi for the over Rs 20,000 crore fraud caused to PNB. The uncle-nephew...

Once the loan account turned a non-performing asset (NPA), the IFCI moved to realise the pledged jewellery, but came to a rude shock after ...

The CBI has registered cases against Modi and his companies, and Choksi in connection with the PNB fraud.

Last month, PNB revised the amount involved in the fraud to Rs 12,600 crore (around $1.9 billion), a significant markup over the initial co...

Countering CBI's submissions made during the remand hearing of Sanjay Rambhia, his lawyer said that he had done his job and pointed out the...

On the NSE, the stock fell to a 52-week low of Rs 18.30.

The agency explained the modus operandi involved in the alleged Rs 12,636-crore Punjab National Bank (PNB) fraud before the special CBI cou...

This is the 13th straight session of fall for the stock.

The agency has arrested two employees and an auditor of the Nirav Modi group of companies, while a director of the Gitanjali group of cos o...

People residing in chawls and dingy one-room tenements in far-flung Mumbai suburbs are directors in Mehul Choksi's Nakshatra Brand Limited ...

The directors are actually ordinary employees and small-time retail investors who were persuaded by Gili India Ltd, Nakshatra Brand Ltd and...