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April 17, 2021
According to the government official, a scam of this magnitude had potential to create instability in the financial sector but the deft handling saved the entire public sector banking space.
April 17, 2021
UK approves extradition of billionaire jeweler Nirav Modi to India The legal team representing Modi said that they were in the process of "challenging" the order in the UK high court. Modi is accused of defrauding Indian state-owned bank, PNB, of $1.8 billion The UK Home Office has approved the extradition of Indian billionaire jeweler Nirav Modi, a spokesman for the immigration department said on Friday. "On 25 February the District Judge gave judgment in the extradition case of Nirav Modi....
April 17, 2021
Govt push to step up Covid-19 vaccine output 10 times by September After fast-tracking the entry of foreign vaccines, the government is now taking steps to increase the production of indigenously developed Covaxin by almost ten-fold by September. The move comes at a time when Covid-19 cases have surged across the country and several states have raised concern over vaccine shortage. Govts draft proposals tie insurance FDI hike to solvency margin The finance ministry has proposed insurance com...
April 17, 2021
SHARE The UKs home secretary has approved the extradition of diamond tycoon Nirav Modi to India to face allegations of a $1.8 billion bank fraud. Mr Modi, whose jewels once adorned stars from Bollywood to Hollywood, has been held in Londons Wandsworth Prison as he battled extradition to India. In February, he appeared via video link from prison at Westminster Magistrates Court where a judge sent his case for extradition to Home Secretary Priti Patel for a final decision. Following her approval,...
April 17, 2021
Amazon founder and CEO Jeff Bezos in his latest letter to shareholders spoke extensively about wealth creation and how that money has helped people in
April 17, 2021
A court of UK had delivered the verdict holding the evidence against Nirav Modi On Friday, the government of the United Kingdom has approved the extradition of the fugitive jeweller known as Nirav Modi, who has been wanted in the 13,500 crore rupees Punjab National Bank loan ....
April 16, 2021
UK govt clears Nirav Modis extradition to India UK home secretary Priti Patel gave the nod for Nirav Modis extradition in connection with the PNB fraud case BusinessToday.In | April 16, 2021 | Updated 18:51 IST The United Kingdom government has cleared Nirav Modis extradition to India. UK home secretary Priti Patel gave the nod for the extradition in connection with the diamond merchants involvement in the Rs 14,000-crore Punjab National Bank fraud. The Central Bureau of Investigation (CBI) an...
April 16, 2021
Photo Credit: IANS IANSLive New Delhi, April 16 (IANS) In a major boost to the Central Bureau of Investigations (CBI) probe into the Rs 13,500 crore Punjab National Bank (PNB) fraud case, UK Home Secretary Priti Patel has approved the extradition of fugitive diamantaire Nirav Modi, sources said on Friday. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form wil...
April 16, 2021
The major news headlines of the day, and more. “The Secretary of State for the U.K.’s Home Department, Priti Patel, has approved Mr. Nirav Modi’s extradition,” said a CBI official. The accused now has the legal recourse of approaching the U.K. High Court, within 14 days, to seek permission for moving an appeal against the Secretary of State’s decision.
April 16, 2021
Updated Apr 16, 2021 | 19:45 IST News headlines for April 16, 2021: UP announced Sunday lockdown across all districts to curb the spread of COVID-19. A Health worker asks people to maintain the queue as they wait to give their swab samples to test for COVID-19 in New Delhi.  |  Photo Credit: AP Key Highlights Scroll down for the biggest news headlines in India and the world. New Delhi: Friday saw India’s COVID tally spike up by 2.17 lakh while the Uttar Prad...