Thu, Aug 24, 2023
The action of the agency was initiated on a complaint from Punjab National Bank, one of the members of a consortium of 14 lenders which have sanctioned term loans of Rs 1,964 crore. PNB was the lead bank of the consortium and sanctioned loan of Rs 394 crore.
Tue, Aug 22, 2023
The judge admitted the appeal and listed it for hearing next along with similar appeals of other convicts in the case.
Mon, Aug 21, 2023
The CBI has closed its case against Adani Enterprises and a former National Cooperative Consumer Federation chairman for alleged irregularities in the award of a contract for supplying imported coal to the Andhra Pradesh Power Generation Corporation, officials said.
Fri, Feb 23, 2018
Kothari, who was called at the CBI headquarters in New Delhi for questioning, and Rahul were not cooperating in the investigation that led to their arrest.
Thu, Feb 22, 2018
When the illegal activities of Nirav Modi surfaced, the bank brought them to the notice of the law enforcement agencies as they apparently violated FEMA and anti-money laundering law.
Tue, Feb 20, 2018
The I-T department has so far attached 11 bank accounts in connection with an alleged tax evasion probe against the Rotomac group and its promoters.
A petition seeking registration of cases against all those involved in the PNB fraud and “immediate deportation” of Nirav Modi seeks the formation of a committee to document the details of bad debts in the country
Since the day Rs 11,400 crore Punjab National Bank (PNB) fraud case came to light, the state-owned bank is bearing the brunt of investors who continue to remove their money from its stock for the fourth consecutive day.
Rotomac's Vikram Kothari had established a group company, Rave Entertainment, to set up a multiplex business in cities such as Meerut, Chandigarh, Panipat, Sonepat, Agra and Noida.
Sat, Feb 17, 2018
Even as the CBI has registered a fresh FIR against Gitanjali Group promoter Mehul Choksi in connection with alleged fraud in the issuance of Letters of Understanding worth Rs 11,400 crore from Punjab National Bank, the central probe agency also arrested two bank officials, including a now retired
Fri, Feb 16, 2018
The Ministry of External Affairs today suspended the passports of Nirav Modi and Mehul Choksi, accused in the Rs 11,000 crore Punjab National Bank fraud, for a period of four weeks with immediate effect.
The MEA took the step following the advice of the Enforcement Directorate.
On the basis of complaint from Punjab National Bank (PNB), the central bureau of investigation (CBI) has filed a fresh FIR against Gitanjali Gems and its promoter Mehul Choksi.
Nirav Modi, who was alleged to have carried out fraudulent transactions worth over Rs 11,400 crore in Punjab National Bank, had left the country in the first week of January.
Thu, Feb 15, 2018
Indian bank shares broadly recovered on Thursday a day after being hit by news of the country’s biggest ever bank fraud, although Punjab National Bank - the lender at the centre of a $1.77 billion scam - has lost a fifth of its market value.
CBI on Wednesday received two complaints from Punjab National bank against billionaire jewellery designer Nirav Modi and a jewellery company regarding fraudulent transactions worth over Rs 10,000 crore.
Wed, Feb 14, 2018
Shares of PNB tanked over 7 per cent on Wednesday after the public sector lender informed bources that it had detected some "fraudulent and unauthorised" transactions worth about $1.77 billion at one of its branches in Mumbai.
Sat, Feb 10, 2018
CBI alleges the company paid bribes of $1.18 million via its Indian arm to various officials of NHAI to secure contracts between 2011 and 2016
Sat, Jan 13, 2018
This is the second arrest in the case after the agency in November last year held Delhi-based businessman Gagan Dhawan
Wed, Jan 10, 2018
The CBI has arrested a Central Board of Excise and Custom (CBEC) official in Finance Ministry here and another in the Goods and Services Tax (GST) office in Mumbai on charges of demanding bribes, an official said on Tuesday.
Thu, Dec 28, 2017
The CBI arrested its assistant programmer Ajay Garg and his front man Anil Gupta for developing and distributing the software to agents for a price.
Mon, Dec 04, 2017
A team of CBI officers will attend the extradition trial of industrialist Vijay Mallya, who is facing a probe by the agency into alleged loan defaults of over Rs 9,000 crore, in a London court from tomorrow.
Sat, Oct 28, 2017
The CBI has registered a fresh case against Sterling Biotech Limited for defaulting loans worth over Rs 5,383 crore.
Fri, Jul 07, 2017
The CBI today carried out searches at the premises of family members of former railway minister Lalu Prasad Yadav in connection with a fresh case of alleged irregularities in awarding the tender for maintenance of hotels.
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