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Nirav Modi
Nirav Deepak Modi (born February 27, 1971) is an Indian-born diamond merchant and businessman, best known as the founder of Nirav Modi Jewels and for his involvement in the Punjab National Bank (PNB)
...Read more- Nirav Modi scam to be adapted into Netflix film by Vikram Malhotra and Palash Vaswani: Report
Nirav Modi's infamous financial scam will be adapted into a Netflix Original film by Abundantia Entertainment. Directed by Palash Vaswani, the film will explore the rise and fall of the fugitive businessman.
- Heera Pheri: How Choksi & Modi pulled off a multi-billion dollar scam
Dubbed one of the biggest scams in the history of Indian banking, it involved the misuse of financial instruments to siphon Rs 13,850 crore, exposing loopholes in the banking system.
- Mehul Choksi Arrest: Belgium confirms India's extradition request for PNB scam co-accused
After living in Antigua for some time, Choksi had reportedly travelled to Belgium for a medical treatment.
- Mehul Choksi arrested: When the fugitive was 'abducted' to Dominica after being honeytrapped
In 2021, Choksi was detained in Dominica, while allegedly attempting to flee to Cuba by boat. However, his lawyers claimed that he was forcibly abducted from Antigua and taken to Dominica, after being honeytrapped by a woman.
- PNB fraud co-accused Mehul Choksi arrested: Timeline of events since the scam was uncovered
The 65-year-old businessman who is a prime accused in the Rs 13,000 crore Punjab National Bank (PNB) fraud is likely to be extradited to India.
- Mehul Choksi arrested: Here's a list of Indian fugitives who were and weren't extradited
Nirav Modi and his uncle Mehul Choksi are the prime accused in a Rs 13,850-crore scam related to the Punjab National Bank (PNB). Nirav Modi continues to remain in a prison in London for the last six years
- Tahawwur Rana brought back: Tracking India’s extradition scorecard of wins and misses
While Tahawwur Rana's case marks a notable success, a look at India's extradition history reveals a landscape marked by both triumphs and persistent challenges.
- Mehul Choksi, wanted in PNB scam case, residing in Belgium, confirms European nation: 'Aware of his presence'
The fugitive businessman is living in Antwerp with his wife Preeti Choksi (known to be a Belgian citizen) after securing a 'residency card' in Belgium.
- PNB scam: CBI files supplementary chargesheet, names Nirav Modi's sister as accused
The chargesheet was submitted before a special CBI court by special public prosecutor A. Limosine.
- US tariff threats are a concern but India will not see a significant impact, says Emkay
US reciprocal tariffs may not pose a significant threat to India due to the unique nature of many of the Indian exports.
- Rs 14,000 crore returned to banks from sale of Vijay Mallya's assets: FM Nirmala Sitharaman
Replying to a debate on the first batch of Supplementary Demands for Grants in the Lok Sabha, she said Rs 14,131.6 crore worth properties belonging to fugitive Vijay Mallya have been restored to public sector banks.
- India, UK to relaunch FTA talks soon; New Delhi presses London to extradite Mallya, Nirav
It was the first meeting between the two leaders after Starmer assumed charge as the UK prime minister in July succeeding Rishi Sunak
- Nirav Modi, Vijay Mallya fled India as probe agencies did not arrest them at proper time: Court
Special judge M G Deshpande made the remark while hearing a plea of an accused booked under the Prevention of Money Laundering Act (PMLA) seeking modification in his bail condition.
- UK court rejects Nirav Modi's fresh bail plea due to 'real, substantial flight risk'
The 52-year-old diamond merchant, who lost his extradition battle to face fraud and money laundering charges in India, did not appear for the bail hearing at Westminster Magistrates Court in London but his son and two daughters were present in the gallery.
- Moneycontrol Selects: Top stories this morning
Our specially curated package of the most interesting articles to help you stay at the top of your game.
- Cap goods can still be a stunner; watch out for price action, says this PMS fund manager
The capital goods, which recently came out of a long business downcycle sees a kind of improvement which is surprising even the promoters, says Nirav Parikh of Molecule Ventures
- Junk index signals exuberance, chemical stocks may fall more: Molecule’s Parikh
The junk index has around 85 stocks with corporate governance issues, and which only participate in the fag-end of the bull market
- Court separates trial of two accused in PNB scam, says `nobody knows how long Nirav Modi's extradition would take'
Gokulnath Shetty, a retired PNB officer, and Hemant Bhatt, an authorised signatory of Modi's companies, are in judicial custody since 2018 and their bail pleas have been rejected, the court said.
- UK has no intention of becoming a place where those seeking to evade justice can hide: British Security Minister
The United Kingdom has no intention of becoming a place where those seeking to evade justice can hide, British Security Minister Tom Tugendhat said, amid India’s continuing push for extradition of billionaire fugitives Vijay Mallya and Nirav Modi.
- Mutual fund inflows, Coal India Q1, mixed outlook for oil prices & more | Market Minutes
In this episode of Market Minutes, Shailaja Mohapatra talks about the Coal India's profit decline in Q1 FY24, highest quarterly mutual fund inflows and bullish versus bearish outlook for oil prices. Catch Nirav Sheth of Emkay Global Financial Services in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.
