Choksi, his nephew Nirav Modi and other accomplices were accused of defrauding Punjab National Bank, India's second-largest ...

Indian law enforcement has scored its second major breakthrough in just one week. Following the extradition of 26/11 accused ...

The PNB scam, involving fraudulent Letters of Undertaking, was exposed in 2018, revealing systemic loopholes. The scam was led by jeweller Nirav Modi and his uncle Mehul Choksi, both of whom fled ...

In nearly identical letters to customers this week, the two companies said they will be increasing prices starting April 25.

Chief Adviser Dr Muhammad Yunus has addressed a letter to US President Donald Trump, requesting him to postpone the ...

especially in the use of Letters of Undertaking (LoUs) and the SWIFT messaging system. LoUs are bank guarantees provided on behalf of a client to overseas banks, which then give the money to the ...

Chief Adviser Professor Muhammad Yunus has addressed a letter to US President Donald ... and certification requirements, and undertaking trade facilitation measures such as simplifying customs ...

Fugitive Indian Businessman Mehul Choksi's flat maintenance at Gokul Apartments in Malabar Hill in Mumbai has dues around Rs 63 lakh rupees, a society member said on Monday. Speaking with ANI, he ...

Choksi allegedly connived with his associates and other Punjab National Bank (PNB) officials from 2014 to 2017 and fraudulently obtained Letters of Undertaking and Foreign Letters of Credit from ...