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  Business   Companies  16 Feb 2018

Business, Companies, 16 Feb 2018

Sebi launches probe into trading, disclosure issues at PNB, Gitanjali Gems

Sebi and stock exchanges have begun analysing the stock market trade details of all entities associated with Modi.

16 Feb 2018 3:28 PM

RCom shareholders approve asset sale plan

RCom in Dec signed a deal to sell all its spectrum, tower, fibre optic and other telecom infrastructure assets to Jio.

16 Feb 2018 1:36 PM

Priyanka Chopra to terminate contract with Nirav Modi

PNB has detected a Rs11,400 crore fraud where Nirav Modi allegedly acquired fraudulent LoUs from a branch in Mumbai.

16 Feb 2018 11:33 AM

Union Bank has USD 300 million exposure to PNB fraud

Union Bank of India shares dropped 2.37 pc to Rs 117.25 while PNB stock fell over 3 pc to Rs124.45 on BSE.

16 Feb 2018 10:47 AM

Punjab National Bank shares slide for third day

Stock hit its 52-week low on both BSE and NSE on Friday after it opened on a bearish note and fell 3.27 per cent to Rs 124.15 on BSE.

16 Feb 2018 10:29 AM


Fraud saw light after accomplice retired

PNB has charged that foreign branches of other Indian banks may also be involved in the fraud.

16 Feb 2018 8:11 AM

Nirav Modi offered to pay, says PNB boss

The PNB CMD further said the bank has informed all the lenders about the case.

16 Feb 2018 8:08 AM

Fraud casts doubts on banks

Analysts say PNB episode expands risk areas for banks; claim PSBs use faulty procedure.

16 Feb 2018 8:04 AM