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

For companies that have shifted factory production from China to other countries, the latest tariffs have undermined their ...

Diamond merchant Mehul Choksi, wanted in the Rs 13,500 crore PNB scam, was finally arrested in Belgium on Saturday, April 12, ...

Mehul Choksi, a key figure in the Rs 13,000 crore PNB fraud, has been arrested in Belgium following an extradition request by ...

The PNB scam first came to light in early 2018, involving Mehul Choksi and his nephew Nirav Modi. The two businessmen ...

The city of Los Angeles could be on the hook for $270 million if the 2028 Olympics are not on budget. With the city already facing a $1 billion deficit and the state infamous for the ballooning $135 ...

Citing an official government document, Benabdellah stated on the social media platform X that 277 importers benefited from these exemptions. He clarified that the figures come from “data and ...

Mehul Choksi and his nephew Nirav Modi allegedly siphoned off Rs 13,500 crore of public money from the state-run Punjab National Bank (PNB) using fraudulent letters of undertaking. In May 2021, Choksi ...

Every country has its own regulatory framework for manufacturing and selling goods, and India is no exception. Importers bring various products into India for sale and distribution, but these products ...

The on-again, off-again approach has sent jitters through the business world. It has thrown importers’ operations into chaos. Even careful planning isn’t enough to spare them from tens of ...

President Trump moved to close a loophole that has fueled a boom in cheap goods being shipped from China to the U.S. WSJ’s Jonathan Cheng traveled to the world’s largest wholesale market to ...