choksi

The Bombay High Court on Thursday granted bail to Vipul Chitalia, former vice-president of Mehul Choksi-promoted Gitanjali Group, more than four years after he was arrested in the multi-crore rupees () scam. The Central Bureau of…

State of Bank of India () is the first Indian lender to frame a policy to fund makers of lab-grown diamonds which come across as replicas of the natural stones, but are often looked at with suspicion by high-street banks and scoffed at…

Airlines will have to mandatorily share PNR details of passengers with customs authorities 24 hours prior to departure of international flights, a move which will help prevent law offenders from fleeing the country. The information,…

With Rakshabandhan approaching, the shops are filled with rakhi collections ranging from thread rakhis to rakhis made up of gold, silver, platinum to Diamond-studded rakhis. However, a shop is Gujarat's Surat has gained netizens'…

The CBI has filed a fresh FIR against fugitive diamantaire Mehul Choksi for allegedly cheating a Canara Bank-led consortium to the tune of Rs 55.27 crore, officials said on Thursday. The agency has also booked Bezel Jewellery and its…

The Bombay High Court has dismissed a petition filed by a diamond trader being probed in connection with a case against fugitive diamantaire Nirav Modi and his uncle Mehul Choksi, challenging the lookout circular (LOC) issued against him…

Frauds in the banking sector involving sums of over Rs 100 crore have declined significantly, with banks reporting cases worth Rs 41,000 crore in 2021-22 compared to Rs 1.05 lakh crore in the previous year. According to official data,…

HDFC bank, and are among nearly a dozen top lenders the central bank is engaging with to run a blockchain-based pilot project centred on trade financing. If successful, it could help prevent loan frauds by the likes of Nirav Modi and…