Firestar Diamonds Bankruptcy News

Companies

PNB fraud: US court approves sale of assets by Nirav Modi firms

An asset sale by Firestar Diamonds, which has filed for bankruptcy in the US, is a setback for Punjab National Bank which fears that a truncated sale will limit recovery in the PNB fraud case

1 min read4 Apr 2018
Industry

PNB fraud: Pressure mounts on Nirav Modi even as his firm files for bankruptcy

ED seeks a non-bailable warrant against Nirav Modi, Firestar Diamonds files for bankruptcy and CBI questions former PNB MD Usha Ananthasubramanian, on a day the bank hiked the fraud amount to $2 billion

4 min read27 Feb 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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