Nirav Modi News
PNB share price: PSU bank still below 2018 level when Mehul Choksi-led ₹14,000 crore fraud came to light
Arrest of jeweller Mehul Choksi in Belgium has reignited focus on the ₹14,000-crore Punjab National Bank scam from 2018, involving fake loans and significant financial losses. Despite recovery efforts, PNB shares remain below pre-fraud levels, though analysts express optimism for future growth.
4 min read14 Apr 2025Nirav Modi’s luxury apartment in London likely to be sold for ₹55 crore; UK court clears sale
Nirav Modi's London apartment is set to be sold after a high court ruling. The property is linked to the Punjab National Bank fraud case, as per the Enforcement Directorate (ED).
2 min read28 Mar 2024How Nirav Modi cheated PNB of Rs 14,000 crore through fraudulent LoUs, MintGenie explains
After multiple twists and turns in a protracted legal case, Modi on Wednesday lost his appeal against extradition to India as the High Court in London ruled that his risk of suicide is not such that it would be either unjust or oppressive to extradite him to face charges of fraud and money laundering.
2 min read10 Nov 2022Popular Topics
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