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PNB Rs 11,400 crore scam: Nirav Modi tells employees to look for other jobs as he can’t pay dues

PNB Rs 11,400 crore scam: Nirav Modi tells employees to look for other jobs as he can’t pay dues

Even as India’s biggest banking fraud to the tune of Rs 11,400 crore allegedly committed by Nirav Modi, the beleaguered billionaire diamond businessman has written a letter to employees asking them to look for other jobs, as he will not be able to pay their salaries.

More content play for Reliance Jio as RIL picks up 5% stake in Eros: 4 key takeaways
More content play for Reliance Jio as RIL picks up 5% stake in Eros: 4 key takeaways

Billionaire Mukesh Ambani-led Reliance Industries has announced that the company, through a subsidiary is acquiring a 5% stake Eros International, a NYSE (New York Stock Exchange) listed company, which is the holding company of India based media player Eros International. e take a look at the synergies behind the deal.

US disappointed over extension of emergency in Maldives
US disappointed over extension of emergency in Maldives

The US has expressed disappointment over the political crisis in the Maldives and asked its President Abdulla Yameen to end the state of emergency in the island-nation.

Donald Trump Jr visiting India as private US citizen
Donald Trump Jr visiting India as private US citizen

Donald Trump Jr, son of the US President Donald Trump is travelling to India as a private citizen and not in an official capacity, the State Department has said.

As Pakistan claims 'reprieve', US says final FATF decision likely this week
As Pakistan claims 'reprieve', US says final FATF decision likely this week

The US expects that the Paris-based Financial Action Task Force (FATF) will take an action on Pakistan and other countries later this week, whom it believes is not doing enough on terror financing.

Shares of RIL, PNB, IDFC Bank, Capital First, Raymond, Bank of Baroda, PNB Housing, Fortis Healthcare in focus today
Shares of RIL, PNB, IDFC Bank, Capital First, Raymond, Bank of Baroda, PNB Housing, Fortis Healthcare in focus today

Indian stock markets are likely to open higher on Wednesday following the upsurge in the Asian markets in the morning deals today.

PNB fraud case: Supreme Court to hear PIL seeking deportation of Nirav Modi today
PNB fraud case: Supreme Court to hear PIL seeking deportation of Nirav Modi today

The Supreme Court will on Wednesday hear a Public interest litigation (PIL) seeking deportation of businessman Nirav Modi, main accused in the over Rs 11000 crore Punjab National Bank (PNB) fraud case.

Horoscope: By Peter Vidal

Today ( 21 Feb )This Week ( 18 Feb - 24 Feb )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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