Gitanjali Gems Stock Shed 35% Value Within 2 Days
CBI is now probing Rs 12,636 crore which is (Nirav and Gitanjali) PNB scam, up from Rs 11,421 crore.
Sharma, a scale-IV officer, was responsible for auditing the systems and practices of the bank's Brady House branch-from Letters of Undertakings (LoUs) were issued- and report the deficiencies with zonal audit office, they said.
On Feb 14, the CBI received complaints from PNB, which detected a Rs 11,292 crore fraud involving Modi.
The Central Bureau of Investigation (CBI) has registered two cases against Modi.
The Mumbaikars have found a unique way to celebrate the festival of Holi and also to vent out their ire against PNB scam accused, businessman Nirav Modi.
Meanwhile. CBI has directed Nirav Modi to approach the Indian mission in the country where he is residing so that immediate arrangement can be made for his travel to India.
Reports of multiple bodies found in West Brookfield home
The Quaboag Regional School District said two of the children were West Brookfield Elementary School students. The bodies of a woman and three young children were discovered inside a MA home Thursday, authorities said.
Vice President Mike Pence in Kentucky next week
Before leaving Nashville, the vice president was expected to attend a Republican Governors Association event with Gov. He was joined by Department of Housing and Urban Development Secretary Ben Carson.
Glasgow Airport reduced to BARREN WASTELAND with travel hub CLOSED AGAIN
Airport has announced it will remain closed for the rest of the day as the Beast from the East continues to batter the country. We'll start in Scotland because it's here we have the red warning from the Met Office as it stands in the central lowlands.
The bankruptcy filing includes Firestar's A. Jaffe Inc. wedding jewelry affiliate and Fantasy Inc. affiliate, and estimates the numbers of creditors at between 50 to 99.
It has also told secured lenders it was in discussions with lenders for debtor-in-possession financing as it weighed options. The Enforcement Directorate says it has seized 41 properties of the Gitanjali Gems promoter. "Is it correct that Ms Aparna Chaudasama (sister-in-law of BJP's Spokesperson & Maharashtra BJP's, Ms Shaina N C) was Head of Sales with Nirav Modi?".
Rajeev Kumar, the top bureaucrat in the Department of Financial Services, said in a Twitter message that the government expected state-run lenders "to take pre-emptive action and identify gaps/weaknesses" for potential operational and technological risks within 15 days.
On Thursday the ministry said the public sector banks would consolidate 35 overseas operations, with another 69 being considered for consolidation.
For Modi, both the events - the burgeoning fraud amount and the filing for bankruptcy - have come a day before his 47th birthday.
"PSBs to consolidate 35 overseas operations without affecting global presence of PSBs in these countries", finance ministry official Rajeev Kumar said in a Twitter message, using an acronym for public-sector banks.
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