The notice, which acts as an international arrest warrant, mentions that Bhansali (40) is required on charges of "money laundering".

Nirav Modi group companies Firestar Diamond Ltd Hong Kong and Firestar Diamond FZE Dubai availed some credit facilities from the Hong Kong ...

PNB MD said the bank is legally engaged in insolvency proceedings of Firestar Diamond and the concerned authorities have been requested to ...

The agency had last week approached the court seeking its nod to question some of the accused, arrested by the CBI, who are in judicial cus...

According to officials, Firestar Diamond that filed for bankruptcy in a US court is a subsidiary of one of the companies against whom the N...

The bank is exploring all options for the recovery, including participating in the bankruptcy proceeding of Firestar Diamond Inc, sources s...

Besides, companies linked to Nirav Modi and Mehul Choksi groups are under the scanner too, the minister of state for corporate affairs said...

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

Modi’s company Firestar Diamond and another headed by his uncle Mehul Choksi, received about a quarter of the loans made to the nation’s ge...

Meanwhile, top honchos of public sector banks have come under the scanner of the CBI in connection with alleged Rs 321.88 crore loan defaul...

CBI has named Ravi Shankar Gupta as an accused in the third FIR it registered in the case and has also named the Firestar group as one of t...

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...

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

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

In a letter Modi wrote on February 15/16 to the PNB management, Modi pegged the amount his companies owes to the bank under Rs 5,000 crore.

Modi, who left the country along with his family in the first week of January, wrote in the letter that the final liability figure of Rs 11...