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Nirav Modi scam

Income Tax returns of 50 rich Indians, who bought Nirav Modi jewellery, to be re-assessed

The Income Tax Department has decided to re-assess the ITRs of over 50 high net-worth individuals who purchased costly jewellery from firms owned by absconding diamantaire Nirav Modi.

Jul 14, 2018, 16:39 PM IST

No plans to close operations at Brady House branch in Mumbai: PNB

PNB's Brady House branch in Mumbai had fraudulently issued LoUs for the group of companies belonging to Nirav Modi since March 2011.

Jul 04, 2018, 12:01 PM IST

Nirav Modi stayed in flat above jewellery store in London: Report

The 47-year-old diamantaire was able to travel in and out of Britain at least four times since his passport was cancelled by the Indian authorities in February.

Jun 25, 2018, 11:13 AM IST

Issued at least 3 warnings in 18 months about SWIFT-related fraud: RBI

RBI also announced the constitution of a high-level committee to look into the rising cases of fraud in the Indian banking system.

Feb 20, 2018, 20:20 PM IST

Nirav Modi leaves India: List of other fugitive economic offenders on the run

Modi's leaving the country once again brings to limelight the cases of other economic offenders like Vijay Mallya, Lalit Modi, Deepak Talwar and Sanjay Bhandari on the run.

Feb 16, 2018, 08:22 AM IST