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Total 22 results found. Search for [ Red Corner Notice ]

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Munish Chandra Pandey
July 7, 2018
The Enforcement Directorate has already communicated with Hong Kong authorities and will approach other countries too. Both the Central Bureau of Investigation and the ED are using other channels as well to tighten the noose around the fraudster.

Virendrasingh Ghunawat
July 5, 2018
With the permission of special PMLA Court, the Enforcement Directorate (ED) has begun the extradition process against diamantaire Nirav Modi in $2-billion PNB loan fraud case under PMLA.
New Delhi, July 4, 2018
The International Criminal Police Organisation or Interpol has issued a Red Corner Notice (RCN) against diamond merchant Nirav Modi, who has fled India after it was discovered that Modi, along with his uncle Mehul Choksi, defrauded the state-run Punjab National Bank to the tune of Rs 13,700 crore. Watch BusinessToday.In video to understand what a red corner notice means for Nirav Modi and the other notices Interpol issues.

July 2, 2018
In a big breakthrough for investigative agencies, the Interpol on Monday issued a Red Corner Notice against fugitive diamantaire Nirav Modi. While the Interpol's Red Notice is certainly going to make Modi's future travels a bit more risky, it may not necessarily lead to his arrest and subsequent extradition.

July 2, 2018
The red notice is a request to locate and provisionally arrest an individual pending extradition.

New Delhi, June 28, 2018
The Winsome Diamond Group had taken a loan of Rs 6,800 crore from a consortium of banks led by the Standard Chartered Bank. Like the recent PNB fraud, in this case too, the PNB had the highest exposure of Rs 1,800 crore.

Ankit Kumar
June 27, 2018
According to an ED letter to Mumbai's regional passport office, those eight Indian nationals are either shareholders or directors of companies, associated with the absconding billionaire, in Hong Kong and Dubai.

New Delhi, June 14, 2018
The Indian government cannot do much if he is on his Singapore passport, as the non-bailable warrant is against his Indian passport. In that case, the Indian government will have to put pressure on the Singapore government.
New Delhi, June 12, 2018
CBI seeks Red Corner Notice against billionaire jeweller Nirav ModiThe CBI has asked the Interpol to issue a Red Corner Notice against absconding billionaire jeweller Nirav Modi in the over USD 2 billion banking scam involving Punjab National Bank. The agency has written to the Interpol to issue the notice which would mean that the member countries of the Lyon-based international police cooperation agency can arrest and extradite Nirav Modi who fled the country in January.Donald Trump, Kim Jong Un shake hands to launch historic US-North Korea summitNorth Korean leader Kim Jong Un and US President Donald Trump shook hands, smiling cautiously at the outset of their historic summit in Singapore on Tuesday, in which they will look for ways to end a nuclear standoff on the Korean peninsula. \"Nice to meet you Mister President,\" Kim said moments later as he sat alongside Trump, against a backcloth of North Korean and US flags, beaming more broadly as the US President gave him a thumbs up. Should they succeed in making a diplomatic breakthrough, it could bring lasting change to the security landscape of Northeast Asia, in a similar way to how the fall of the Berlin Wall in 1989 changed Europe.Hyundai celebrates production of 80 lakh cars in India - no 8 million is new CretaCountry's second largest car manufacturer, Hyundai India has announced that their cumulative production in the country has crossed the 80 lakh mark. Yes, the South Korean company has successfully manufactured their 8 millionth car from their plant in Chennai. Car number 8 million is the all new Creta, which was launched just a few days back. Hyundai started their journey in India back in 1996. The sold their 1 millionth car in 2006.How to evade the modern day e-way bill? Turn back to historic ways of goods transportThe e-way bill roll out on April 1 was credited with the improvement in GST compliance during the month. The GST collection for the month of April collected in May amounted to Rs 94,016 crore, compared to the average Rs 89,885 crore recorded in 2017-18. The e-way bill system under the GST regime was rolled out with promises to help traders and economy - no more waiting transporters at toll booths, no more harassment by corrupt octroi officials, and the taxes on goods movement get paid. To avoid paying GST on movement of goods, traders are now shipping their merchandise using animal-drawn carts and manual carts as e-way bill is not charged on goods transport via non-motorised vehicles, a report by Financial Express said.ICICI Bank CEO Chanda Kochhar may face Rs 25 crore penalty if found guilty: ReportWeeks after the Sebi served a notice to Chanda Kochhar, it has been reported that the ICICI Bank CEO and MD could face a maximum Rs 25 crore penalty if charges are found to be true. The market regulator last month sent a notice to the ICICI Bank and its CEO Chanda Kochhar, seeking their response on matters relating to alleged non-compliance with certain provisions of the erstwhile Listing Agreement and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mint today reported that under the current notice, the Sebi has no power to ask ICICI Bank top executive to step down but it can impose financial penalty.Northern Railways to facilitate cleanliness in trains through WhatsApp groupsThe Railways is more often criticised for the lack of cleanliness and poor delivery of services. However, this will change soon as the Northern wing of the Indian Railways is all set to use WhatsApp for monitoring cleanliness in trains. With the help of technology, the Railways aims to bring about greater transparency and accountability in its functioning. Besides, the Railways has also set up a new plant at the Hazrat Nizamuddin railway station in Delhi, which would assist in cleaning coaches within minutes.

June 11, 2018

June 11, 2018

New Delhi, May 20, 2018
The CBI is likely to approach Interpol for a Red Corner Notice against absconding billionaire jewellers Nirav Modi and Mehul Choksi who are allegedly the brains behind the over $2 billion scam in Punjab National Bank, agency sources said.

Munish Pandey
March 15, 2018
Earlier, the ED had issued LRs to Hong Kong, USA, UK, UAE, South Africa and Singapore for obtaining information about Nirav Modi's overseas businesses and assets.

BT Online
New Delhi, June 14, 2017
Even though the Narendra Modi government prides itself in taking prompt action on issues, the case of Vijay Mallya, whom the government want to bring back from the UK, seems to be proving otherwise.

Atir Khan
May 24, 2017
CBI sources said recently the Interpol has sent a fresh letter seeking more information about the wilful defaulter of  Rs 9,000 crore to the banks.

November 7, 2016
India expects early extradition of industrialist Vijay Mallya from the UK to face probe in the money laundering case against him after the two countries today agreed not to allow fugitives and criminals escape law and resolved to facilitate outstanding extradition requests.

Atir Khan
New Delhi, July 12, 2016
This question has arisen as former chairman of IPL, who is presently residing in the UK, is moving his base to the Caribbean. He has applied for citizenship of Saint Lucia.

Mail Today Bureau
New Delhi, June 15, 2016
A person can be termed a proclaimed offender in the investigation of a criminal case if the court has reason to believe that the accused against whom a warrant of arrest has been issued.

By K.C. Singh
Delhi, May 2, 2016
...but with caution - preparing the ground to emerge as a counterweight to China with tacit support from the West.

Mail Today Bureau
New Delhi, April 29, 2016
A non-bailable warrant against Mallya had been issued by a special judge in Mumbai as he did not appear for the hearings which has strengthened the government's case to get him deported.

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