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| Nirav Modi's passport suspended but he may have Belgian papers Modi, his wife Ami, brother Nishal and uncle Mehul Choksi all left the country in the first week of January. Modi was last seen in Switzerland. |
| Lessons from PNB's Rs 11,000-cr fraud: Bankers, not bureaucrats, should run banks Indian banks are being hit with one disaster after another, which caused the largest bank to declare a quarterly loss... |
| SC verdict on Cauvery: No state can own a river Karnataka was asked to release 177.25 tmc water to Tamil Nadu, every year, against 192 tmc water which was decided ea... |
| Ola investigating HR head on fraud charges An Ola spokesperson confirmed the development, claiming "there is an internal investigation which is currently on and... |
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| Call writing at 10,500, 10,600 & 10,700 capped upside for Nifty If Nifty sustains below 10,480, then weakness could take it towards 10,333-10,276 levels.... | | Tiger Zinda Hai! Inox Leisure a good contrarian bet; here's why Analysts remain positive about the exhibitor, which is adding three screens every month.... | | Government expects to finalise 5G service roadmap by June "By June this year, I hope we will be able to unveil India's 5G roadmap," Telecom Secretary Aruna Sundararajan said a... | | IMF welcomes India's fiscal deficit target The budget aims at a deficit that is smaller than the deficit that was expected in 2017 to 2018, and that is also wha... | |
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| MARKET NEWS |
| 37,000% return!!! This is what a penny stock can do This company has made it to the list of biggest 30 listed firms in value terms on BSE.... |
| Banks with exposure to jewellery sector under watch The RBI has asked PNB to pay the entire Rs 11,300 crore owed to counterparty banks.... |
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| FROM THE NEWSPAPER |
| How PNB was defrauded: The great bank heist Sunil Mehta, MD and CEO of PNB, outlined the liabilities in a recent letter to finmin. The total amount of LoUs is wo... |
| Why WhatsApp's entry into banking arena could change Indian banking forever The WhatsApp moment of Indian banking has finally arrived with the largest messaging app in the country introducing i... |
| PNB scam raises questions over safety systems of banks While a private sector bank would have one or two auditors, the number runs into hundreds for state-run lenders.... |
| Diamond trade had more than a brush with India's sleuths The high-profile Nirav Modi case has turned the spotlight on the multi-billion trade now, but this business has been ... |
| Banks refuse to buy Nirav Modi's promises, call it delaying tactic Seasoned bankers believe that it is a normal practice of all fraudsters to come up with comforting statements and tho... |
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