News for 'Punjab National Bank of Rs'

Demonetisation no surgical strike, but 'firebombing' of nation: Rahul

Demonetisation no surgical strike, but 'firebombing' of nation: Rahul

Rediff.com16 Dec 2016

Mounting a blistering attack on Prime Minister Narendra Modi, Rahul Gandhi on Friday said the demonetisation drive launched by him was "firebombing of 99 per cent honest people" and not a "surgical strike".

Vijay Mallya resigns from Rajya Sabha

Vijay Mallya resigns from Rajya Sabha

Rediff.com2 May 2016

Vijay Mallya, facing a case of loan default of over Rs 9,400 crore, on Monday resigned from Rajya Sabha.

Sensex slides 285 points on weak FY16 growth forecast; IT, metal stocks disappoint

Sensex slides 285 points on weak FY16 growth forecast; IT, metal stocks disappoint

Rediff.com18 Dec 2015

Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.

Markets pose smart recovery in late trades; Nifty ends above 7,850

Markets pose smart recovery in late trades; Nifty ends above 7,850

Rediff.com18 May 2016

Auto stocks are weighing on the indices.

'We are not going back to licence raj'

'We are not going back to licence raj'

Rediff.com18 Sep 2023

'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'

Survey cheers markets; Sensex ends 179 points higher

Survey cheers markets; Sensex ends 179 points higher

Rediff.com26 Feb 2016

The Survey shows fiscal consolidation despite slowdown in growth.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Japanese sell-off spooks Indian markets

Japanese sell-off spooks Indian markets

Rediff.com9 Feb 2016

The local markets are expected to react to global triggers until the government announces the Union Budget.

Markets log best weekly gain in seven years on FII buying

Markets log best weekly gain in seven years on FII buying

Rediff.com5 Mar 2016

Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices

The man who proposed the ban on Rs 500, 1,000 notes

The man who proposed the ban on Rs 500, 1,000 notes

Rediff.com10 Nov 2016

'By demonetising higher denominations of currency notes, we have taken out the vehicle for corruption.' 'But the motive is still there.'

Caught in the NiMo-Choksi crossfire: Virat, Kangana, Priyanka

Caught in the NiMo-Choksi crossfire: Virat, Kangana, Priyanka

Rediff.com26 Feb 2018

The PNB ambassador is Virat Kohli, Priyanka Chopra and Siddharth Malhotra are the faces of the Nirav Modi label, Kangana Ranaut, Kriti Sanon and others endorse the family of brands under the Gitanjali Group.

'Nirav Modi won't be back on the first flight to India'

'Nirav Modi won't be back on the first flight to India'

Rediff.com5 May 2021

'It could take at least a couple of years for his case to go through the entire run of the British judiciary.'

Horse-trading, cross-voting fears as 4 states head to RS polls

Horse-trading, cross-voting fears as 4 states head to RS polls

Rediff.com9 Jun 2022

Polling for 16 Rajya Sabha seats in four states will be held on Friday amid allegations of attempts at horse-trading by rival parties which have corralled their MLAs in hotels and scenic resorts, prompting the Election Commission to appoint special observers and order videography of the entire exercise.

Bad Boy Billionaires Review

Bad Boy Billionaires Review

Rediff.com17 Oct 2020

The Bad Boy Billionaires series has a lot in common: The three billionaires' hefty ambition, dangerous arrogance and untrammeled power, observes Dhruv Munjal.

Union minister reaches out to opposition to break Parliament logjam

Union minister reaches out to opposition to break Parliament logjam

Rediff.com22 Mar 2018

The second leg of the budget session is of 23 days and all 14 days so far have been wasted.

PNB fraud: FM slams regulators, auditors for 'not raising red flags'

PNB fraud: FM slams regulators, auditors for 'not raising red flags'

Rediff.com24 Feb 2018

Jaitley slammed lack of ethics in certain sections of businesses and said multiple layers of auditing system chose to either look the other way or did a casual job.

Sensex rebounds 190 points to end at 23,382

Sensex rebounds 190 points to end at 23,382

Rediff.com17 Feb 2016

The S&P BSE Sensex ended 190 points up at 23,382.

UK court issues arrest warrant against Nirav Modi

UK court issues arrest warrant against Nirav Modi

Rediff.com18 Mar 2019

Modi, a diamond jeweller whose designs have been worn by Hollywood stars, is now believed to be running a new business, which describes itself on the UK's Companies House register as a wholesale trader in watches and jewellery and a retailer of watches and jewellery in specialised stores.

Why fund managers are not happy with Sebi

Why fund managers are not happy with Sebi

Rediff.com29 Oct 2017

The stock market regulator's definition of large, mid, and small-cap companies has irked mutual fund managers, reports Samie Modak.

Corporate growth revival? It's elusive in Q1

Corporate growth revival? It's elusive in Q1

Rediff.com25 Jul 2016

Most of the index heavyweights are yet to declare their results.

Would you bid for Nirav Modi's art?

Would you bid for Nirav Modi's art?

Rediff.com19 Mar 2019

Sixty-eight paintings that once belonged to fugitive diamond merchant Nirav Modi will go under the hammer next week.

Markets wobble on Chinese woes, Fed hike fears

Markets wobble on Chinese woes, Fed hike fears

Rediff.com20 Aug 2015

The FMCG index gained more than 1% on the back of stellar gains in ITC.

How 'forex specialist' Shetty retired as deputy manager at PNB

How 'forex specialist' Shetty retired as deputy manager at PNB

Rediff.com6 Mar 2018

A large number of public sector bank employees, as a matter of routine, do not "take" promotions so that they are not transferred out of their hometowns. The eastern region is famous for this, but it is a common practice everywhere, says Shyamal Majumdar.

The Village of Heroes

The Village of Heroes

Rediff.com7 Jul 2023

The village in Maharashtra has continuously sent soldiers to the Army since World War I. Every other person you meet is a soldier or a retired soldier or is aspiring to be a soldier.

Gujarat to see three-way contest; all eyes on AAP

Gujarat to see three-way contest; all eyes on AAP

Rediff.com3 Nov 2022

Long caught between two polarities, Gujarat's electoral field has expanded to include a third party with the Aam Aadmi Party challenging the ruling Bharatiya Janata Party as well as the opposition Congress that has lost ground but still has significant presence.

Nifty below 8,150; Maruti Suzuki slips nearly 3%

Nifty below 8,150; Maruti Suzuki slips nearly 3%

Rediff.com16 Jun 2016

At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.

PNB fraud: More heads to roll in the jewellery sector

PNB fraud: More heads to roll in the jewellery sector

Rediff.com19 Feb 2018

Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks

Why FY19 is likely to be a volatile year for Indian equities

Why FY19 is likely to be a volatile year for Indian equities

Rediff.com1 Apr 2018

It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.

Mehul Choksi was planning to go to Cuba: Barbara Jabarica

Mehul Choksi was planning to go to Cuba: Barbara Jabarica

Rediff.com9 Jun 2021

"Well, he never used words like escape or shared with me such a plan like this. However, he did ask me twice if I have ever been to Cuba, he also told me that the next time we may meet in Cuba. He never explained the escape plan but I'm certain that Dominica is not his final destination but if you ask my opinion, I can be more and more certain that Cuba could have been his final destination," Barbara told ANI.

Sensex ends in the red amid volatile trade; IT, auto, realty fall

Sensex ends in the red amid volatile trade; IT, auto, realty fall

Rediff.com24 Mar 2015

The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.

Cabinet clears Fugitive Economic Offenders Bill

Cabinet clears Fugitive Economic Offenders Bill

Rediff.com1 Mar 2018

Offenders will be tried under Prevention of Money Laundering Act

Oppn slams govt over Mallya-Jaitley meeting, demands FM's resignation

Oppn slams govt over Mallya-Jaitley meeting, demands FM's resignation

Rediff.com12 Sep 2018

Jaitleysaid Mallya misused his position as an MP to accost him once in Parliament.

'Can you imagine how much people's money is being looted?'

'Can you imagine how much people's money is being looted?'

Rediff.com13 Jun 2022

'If one crore is sanctioned to make a road, they spend only Rs 40 lakhs and the remaining 60 lakhs is looted by the politician, bureaucrats and the contractor.'

Why independent directors go for the escape hatch

Why independent directors go for the escape hatch

Rediff.com2 Dec 2018

'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'

House proceedings washed out for 7th day, Finance Bill not taken up

House proceedings washed out for 7th day, Finance Bill not taken up

Rediff.com13 Mar 2018

The imapsse continues over issues like bank scams and special status demand for Andhra Pradesh.

Another day, more hidden currency is flushed out in crores

Another day, more hidden currency is flushed out in crores

Rediff.com15 Dec 2016

Crores of new currency notes continue to tumble out of lockers and hidden locations as authorities conduct raids and searches across the country.

How govt can resolve impasse over new farm laws

How govt can resolve impasse over new farm laws

Rediff.com21 Dec 2020

The report admits that converting MSP to a floor price of auction on the eNAM portal will not completely solve the problem as the current data shows that average modal prices in e-NAM mandis is lower than the minimum support price in all commodities except urad.

Govt says RBI did not consult it over important decisions

Govt says RBI did not consult it over important decisions

Rediff.com30 Oct 2018

'The PCA framework was revised and tightened in April 2017, but there was no discussion in any board meeting. The government does not know the rationale behind revising the framework and how the RBI arrived at it. Similarly, there was no discussion in the board meeting on the revised NPA framework,' said an official.

Glimmers of Mehul Choksi's 'empire' that was built on fraud

Glimmers of Mehul Choksi's 'empire' that was built on fraud

Rediff.com3 Jul 2021

Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.

Sensex ends up 59 points; Nifty closes above 7,900

Sensex ends up 59 points; Nifty closes above 7,900

Rediff.com22 Aug 2014

The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.