Nirav Modi

Govt Seizes Rs 19,000 Crore Assets of Vijay Mallya, Nirav Modi, Mehul Choksi On March 22, the Center informed the Parliament that assets cumulatively worth over Rs 19,000 crore, belonging to financial crime fugitives Vijay Mallya,…

Netflix Succumbs To Judicial Pressure; Releases 'Bad Boy Billionaires' Without Satyam Story After a month-long legal hassle, Netflix has released its controversial documentary series, ‘Bad boy Billionaires’ which shows businessmen…

Supreme Court Stops Netflix From Releasing ‘Bad Boy Billionaires’; But Gunjan Saxena Allowed We don’t know whether you have already wizzed through the Netflix documentary called ‘Bad Boy Billionaires: India’. If you haven’t, this…

Debt-Ridden PNB Buys Audi Cars Worth Rs 1.3 Cr For Three Officials! After Nirav Modi scammed PNB, and fled India with Rs 14,000 crore, financial positon of the bank has been in doldrums. But notwithstanding these debts, and scams,…

Banks Lost Rs 68,000 Crore As Bad Loans By 50 Defaulters; Mehul Choksi Tops The List India has witnessed many an arching cuts on the economy, when business men like Mehul Choksi and Jatin Mehta fled away with unfathomable sums of money,…

PNB Expects Rs 5000 Cr 'Slippages' In Q4; But No Employee Will Be Fired Due To Mergers The Punjab National Bank (PNB) Merger with United Bank and Oriental Bank of Commerce came into effect from April 1, 2020. S S Mallikarjuna Rao,…

PNB Admits Scam of Rs. 3800 Crore The Punjab National Bank has had a massive stroke of bad luck, and the streak doesn't look like it will stop anytime soon. Yet again, the bank has found itself the victim of a huge fraud, of an amount…

In a Right to Information reply, RBI has revealed some dark secrets of banking frauds, and the sheer volume will shock you. As per the reply shared by RBI, collectively Rs 1 lakh crore worth of banking frauds have happened in India, in the…

In a terse, crude and direct notification for all salaried employees, Income Tax Dept. has threatened salaried employees of severe punishment, if they file incorrect tax returns. At the same time, as reported earlier, there are many tax…

The entire banking sector of India was stunned when PNB announced that they have been hit by a banking fraud to the tune of Rs 11,400 crore. Although banks have been facing issues of fraud since long, the magnitude of this PNB fraud was the…