This is the second case in recent times where the Prevention of Money Laundering Act (PMLA) court has resorted assets to the complainant ba...

A special PMLA court on Friday allowed a Punjab National Bank (PNB) plea seeking release and restoration of certain properties attached by ...

High-value diamonds and pearls worth Rs 890 crore were allegedly diverted by SEZ units controlled by Nirav Modi and sold in the open market.

The first FIR, based on PNB’s complaint and registered on January 31, said that eight of the socalled letters of undertaking (Lo-Us) or gua...

The rating downgrade came as the Indian Ratings resolved the Rating Watch Negative (RWN), the action taken earlier for both the companies.

Nirav Modi, the famed jeweller at the centre of India's biggest banking scam, blamed PNB's overzealousness for his inability clear the dues