Tag: nation
PNB Fraud Case: Union Bank Has $300 Mn Outstanding Exposure
State-run Union Bank of India on Thursday said that it has an outstanding exposure of about $300 million in the $1.8 billion fraud detected by Punjab National Bank (PNB) and the former was also confident of receiving the payment.....
India, Iran Sign Nine Agreements, Agree To Stop Terror Forces
India and Iran on Saturday pledged to stop the forces of terrorism and extremism, delinking it from religion and agreed that there should be an end to terror sanctuaries even as the two countries broad-based their relationship by signing nine agreements, including one on connectivity relating to the strategic Chabahar port.....
Congress To Discuss PNB Scam With Other Parties For JPC Probe
The Congress on Saturday said it will raise the PNB scam in Parliament "vociferously" and speak to various opposition parties to put pressure on the government to set up a Joint Parliamentary Committee to probe the matter.....
India Beat S. Africa By 28 Runs In 1st T20I
A brilliant all-round show helped India beat South Africa by 28 runs in the first Twenty-20 International (T20I) at the New Wanderers Stadium here on Sunday.....
PNB Fraud: ED Raids Over 45 Locations In 15 Cities
The Enforcement Directorate (ED) on Sunday conducted searches at over 45 more locations in 15 cities across India in connection with the multi-crore Punjab National Bank (PNB) scam, an official said.....
PNB Fraud Fallout: CBI Seals Brady House Branch In Mumbai
The CBI on Monday sealed the Brady House Branch of the Punjab National Bank as multiple probe agencies continued with their probe into the Rs 11,515 crore fraud, according to officials.....
Two Gitanjali Officials Named In CBI FIR Resign
Following the unravelling of the $1.8 billion Punjab National Bank (PNB) fraud, two senior officials of Gitanjali Gems -- Chandrakant Karkare and Pankhuri Warange -- resigned from the company, according to a regulatory filing with the stock exchanges on Monday.....
Who Facilitated Mehul Choksi's Escape, Congress Asks PM
The Congress on Monday questioned Prime Minister Narendra Modi on as to who facilitated the escape aboard of Punjab National Bank fraud accused Mehul Choksi, who was purportedly declared a proclaimed offender by a Chandigarh court.....
SC To Hear On Bank Top Brass' Role In PNB Scam
The Supreme Court will hear on Friday a plea for probe into the role of the top management of Punjab National Bank in the Rs 11,300 crore scam allegedly involving jeweller Nirav Modi and others.....
State Duty-bound To Bring PNB Scamsters To Justice: Jaitley
In the wake of the Rs 11,300 crore ($1.8 billion) Punjab National Bank (PNB) scam allegedly involving diamond merchant Nirav Modi, Union Finance Minister Arun Jaitley on Tuesday said the state was duty-bound to ensure those cheating the system are brought to justice.....
