The UK courts relied heavily on evidence furnished by the ED. Modi had been charged with money laundering, destruction of evidence and illegal businesses via shell companies

The judgement also vindicates the painstaking investigation by CBI, especially since Nirav Modi had raised various issues, the central probe agency said

In a setback to fugitive businessman Nirav Modi, a UK court has said there is prima facie evidence against the diamond merchant. The court said there was no evidence to say that Nirav Modi would not get justice if he was extradited. Modi is wanted in India for fraud and money laundering in connection with the Rs 14,000-crore Punjab National Bank (PNB) scam. Watch the video for more. Also Read: Nirav Modi to be extradited to India; Arthur Road Jail fit for him, rules UK court

Judge says \"mental health concerns\" as cited by Nirav Modi are not unusual in a man in his circumstances; says he won't be denied justice if he's extradited to India

Stock Market News Updates Today: M&M, Axis Bank, L&T, Maruti traded among the top losers on Sensex pack. Meanwhile, ONGC, HDFC, Tech Mahindra traded among the top gainers

Stocks to watch today on February 22: Jet Airways, PNB Housing, Karnataka Bank, Axis Bank, Inox Leisure among others are the top stocks to watch out for in Monday's trading session

PNB Housing Finance Ltd had informed about its plan to raise tier I capital up to Rs 1,800 crore through various modes including QIP, preferential issue of shares or a rights issue

How Chairman N Chandrasekaran is revamping the $106 billion group into a future ready, tech enabled conglomerate

These Acts led to the nationalisation of banks in two phases and provisions of these laws have to be changed for the privatisation of banks, they said

The four banks on the shortlist are Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India, two officials told Reuters on condition of anonymity as the matter is not yet public

Champat Rai, Secretary of the Shri Ram Janmabhoomi Teerth Kshetra trust added the accounts of the trust in three public sector banks have received more than Rs 1,000 crore

High Court in London grants access to around 1.1 million pounds from court-held funds to meet living expenses and legal costs to Embattled liquor tycoon Vijay Mallya

Stocks to watch today on February 8: Adani Enterprises, Britannia, PNB, BEML, Maruti, Ashoka Buildcon, Pfizer among others are the top stocks to watch out for in Monday's trading session

Stock Market Live News Today: Sensex and Nifty continued hitting new all-time highs today. Both benchmarks hit fresh lifetime highs of 51,523 and 15,159 earlier today

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

Punjab & Sind Bank's provisions for bad loans and contingenices spiked to Rs 2,924.69 crore during the quarter, as against Rs 494.30 crore in the year ago period

The internet services remained suspended the entire day on February 6 as farmers conducted 'chakka jam' for three hours at several state and national highways

Rakesh Tikait announced that the farmers have given time to the government till October 2 to repeal the laws, after that, they will do further planning

The state-owned bank has raised Rs 3,788.04 crore from QIP in December after which the government's stake in it dropped from 85.59 per cent to 76.87 per cent

Nirav Modi remanded in custody until February 25 when the judgment in his extradition case is to be handed down