You closed all options to recover dues by going public: Nirav Modi tells PNB

‘Your actions have destroyed my brand and the business’ ‘My uncle is also wrongly named in this complaint since he has an independent and unconnected business’ The......

Meet Nirav Modi's core team

The common denominator: They were predominantly Gujarati, mostly male, and either related by blood or very well-known to Nirav.Pavan Lall reports. Illustration: Dominic Xavier/Rediff.com How did......

225,000 more shell companies come under ministry lens

After taking action against 226,000 shell companies last year, the ministry of corporate affairs has now zeroed in on a fresh batch of suspected shell companies. The government is intensifying its......

PNB pays Rs 6,586 cr to other banks for NiMo scam

Bank provides for Rs 7,178 crore, or 50 pf of the total amount of the Rs 14,356 crore scam, in the fourth quarter of 2017-18. The remaining amount will be covered in the three quarters of the......