Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Search

Total 823 results found. Search for [ pnb fraud ]

Results 1 to 21 of 823
BusinessToday.In
July 15, 2019
Shares of Allahabad Bank declined nearly 15% on Monday after the lender reported a fraud of over Rs 1,775 crore by Bhushan Power and became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker.


Reuters
New Delhi, July 14, 2019
Allahabad Bank said in a statement that it had told the Reserve Bank of India (RBI) that it had identified a fraud worth $259 million in Bhushan's accounts.


BusinessToday.In
Mumbai, July 13, 2019
The Mumbai sessions court ruled that does have the legal powers to declare Nirav Modi a fugitive economic offender and postponed the hearing till it is vested with appropriate powers


BusinessToday.In
New Delhi, July 12, 2019
It is end of the road for Volkswagen BeetleVolkswagen is halting production of the last version of its Beetle model this week at its plant in Puebla, Mexico. It's the end of the road for a vehicle that has symbolized many things over a history spanning eight decades since 1938. The last of 5,961 Final Edition versions of the Beetle is headed for a museum after ceremonies in Puebla on July 10 to mark the end of production.Walmart told US India's e-commerce rules regressive, will ha...


PTI
July 11, 2019



PTI
July 11, 2019



Munish Pandey
New Delhi, July 11, 2019
Bhushan Steel case: Assuming one lawyer per accused, the total strength will cross over 570 plus which is almost impossible to accommodate in one court room, said the lawyer. The chargesheet is also 70,000-page long.


PTI
New Delhi, July 11, 2019
In a written reply to a question in the Lok Sabha, Minister of State for External Affairs V Muraleedharan said the ministry revoked Nirav Modi's passport as per the provisions of Section 10(3)(c) of the Passports Act, 1967.


PTI
July 10, 2019



BusinessToday.In
July 9, 2019
On Saturday, Punjab National Bank alleged that the bankrupt steel company misappropriated bank funds and manipulated its books of accounts to raise funds from its consortium of lenders. The size of the fraud is pegged at Rs 3,805 crore against Rs 2,348 crore mentioned in the CBI FIR against the company and its top brass.


PTI
Ahmedabad, July 8, 2019
The absconding promoters of the Sterling group-- Nitin and Chetan Sandesara--are alleged to have defrauded over Rs 14,500 crore of public money


BusinessToday.In
July 8, 2019
Punjab National Bank share price slipped over 5% in trade today after the bank was hit with yet another fraud worth Rs 3,805.15 crore by Bhushan Power & Steel Ltd (BPSL), just over a year after a major fraud worth Rs 13,700 crore involving diamantaire Nirav Modi.


BusinessToday.In
New Delhi, July 7, 2019
PNB Fraud: The bank fraud includes domestic exposure of Rs 3,191.51 crore at the PNB's Chandigarh branch, overseas exposure of Rs 345.74 crore at its Dubai branch and Rs 267.9-crore exposure at its Hong Kong branch


PTI
July 7, 2019
Public sector lender Punjab National Bank said on July 6 it has detected a fraud of more than Rs 3,800 crore by Bhushan Power & Steel Ltd (BPSL) and has reported it to the Reserve Bank of India (RBI).


PTI
July 6, 2019



PTI
New Delhi, July 6, 2019
According to DRT order, Nirav Modi and his partners are ordered and directed to pay to applicant (PNB) either jointly or severally the aggregate sum of Rs 7,200 crore with interest to the defrauded Punjab National Bank


PTI
July 6, 2019



PTI
July 2, 2019



Munish Pandey
July 2, 2019
Just a few days back, ED had attached six bank accounts of Nirav Modi Modi and his sister Purvi Modi Mehta in Zurich having a value of over $6.1 million. So far ten bank accounts worth $12 million have been attached in Zurich and Singapore.


PTI
July 2, 2019



PAGES 1 OF 42  12345