Nirav Modi's letter accuses PNB of 'overzealousness'

Contrary to what Nirav Modi claims in the letter, the total fraud value might be higher than the Rs 11,400 stated by the PNB.

With Bhushan Steel bid, Chandrasekaran looks to regain the lost glory of Tata Steel

Debt is reducing, sales rising and margins increasing. It's a good sign for the steelmaker, say industry experts.

PNB expecting more claims from various banks for unpaid LOUs

 The CBI on Monday evening arrested three senior officers of PNB for their alleged involvement in the Rs 11,400 crore fraud pertaining to Nirav Modi and his uncle Mehul Choksi.

PNB fraud: 2G, Bofors collapsed, so will case against Nirav Modi, says billionaire's lawyer

The CBI officials on Monday conducted searches at Punjab National Bank's (PNB) Brady House branch in Mumbai even as whereabouts of Firestar Diamond owner Nirav Modi, who's accused of defrauding the bank of over Rs 11,400 crore, remain unknown.

PNB loan fraud on The Good, The Bad and The Ugly

Why govt's relief to 15-year-old vehicles under Voluntary Vehicle Fleet Modernisation Programme is a welcome move; Why India's job crisis is serious in the age of automation and artificial intelligence; Why PNB fraud involving Nirav Modi opens up basic systemic loopholes and is alarming; BusinessToday.in Editor Rajeev Dubey explains all on The Good, The Bad and the Ugly


Tue Feb 20 12:37:06 IST 2018
 

From The Magazine

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