Nirav Modi, who was declared a 'fugitive economic offender' in December, 2019, and his uncle Mehul Choksi are accused of committing a Rs 14...

Nirav is a key accused in the $2 billion Punjab National Bank (PNB) fraud case. Nirav Modi still reserves the right to appeal against the s...

A UK court on Thursday allowed the Indian government’s request seeking extradition of diamond merchant Nirav Modi, a key accused in the $2 ...

This is for the second time that the Court has denied bail to him. Nirav will stay in jail for at least six weeks.

Nirav Modi is the key accused in the Rs 6,500 crore scam in which Punjab National Bank was duped through fraudulent letters of undertaking.

Nirav Modi Limited's last set of accounts dating up to March 31, 2017 shows that the company was insolvent, possessed no realisable assets ...

Apart from Nirav Modi, who is absconding, the proceeds of the scam went specifically to his sister (Purvi Modi) and his other family member...

The charge sheet also details the attachments made by the agency against Modi and his associates in the last few months after it first regi...

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

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

Investigators have discovered that in many instances Choksi brought money from overseas into the account of his company, Gitanjali Gems.

PNB is considering initiating legal proceedings against errant employees to recover any money that they would have made illegally and parke...

The judge will hear tomorrow Modi's lawyer Ashul Agarwal on the issue of his locus standi to address the court in the absence of his client.

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

Aggarwal said "if anyone is worried about the recovery of the bank money, first the ED should deposit the money seized by it in the bank."

In January 2017, the I-T department had conducted searches at 50 offices and residential premises of Nirav Modi and had seized cash jewelle...

"We have an exposure of around Rs 2,000 crore in the fraud detected by PNB two days back," a source in Allahabad Bank said.