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Last updated: Wednesday, February 21, 2018 3:46:03 PM

PNB officials met representatives of Nirav Modi, Gitanjali group urging them to pay dues
Mumbai, Feb 17 (IANS) Punjab National Bank (PNB) officials had met representatives of Nirav Modi and Gitanjali groups to impress upon them to pay outstanding amounts, the bank said in a clarification to the stock exchanges.

Saturday, February 17, 2018 8:04:05 PM

Jaitley to embark on two-day Saudi Arabia visit on Saturday night
New Delhi, Feb 17 (IANS) Finance Minister Arun Jaitely would be leaving Saturday night on a two-day official visit to Saudi Arabia to co-chair the 12th India-Saudi Arabia Joint Commission Meeting (JCM) on February 18-19, an official statement said here.

Saturday, February 17, 2018 5:54:04 PM

Double taxation avoidance agreement to give fillip to India, Iran trade
New Delhi, Feb 17 (IANS) Enforcement of the double taxation avoidance agreement and extension of preferential tariff would give a fillip to trade and investment between Iran and India , Masoud Karbasian, Minister of Economic Affairs and Finance, Iran said here on Saturday.

Saturday, February 17, 2018 4:08:04 PM

$1.8 bn PNB fraud, macro-data hit equities' movement (Market Review)
Mumbai, Feb 17 (IANS) The weekly trade in the Indian equity markets was almost flat. However, a slew of domestic developments like a $1.8 billion fraud reported by the Punjab National Bank (PNB) and release of major macro-economic data impacted the movements of the two key equity indices, analysts said.

Saturday, February 17, 2018 3:20:06 PM

No instruction to PNB to meet commitments under LoU: RBI
Mumbai, Feb 16 (IANS) The Reserve Bank of India (RBI) on Friday denied having sent any instruction to Punjab National Bank (PNB), which detected a $1.8 billion fraud, to meet its commitments under the Letter of Undertaking (LOU) to other banks.

Friday, February 16, 2018 9:54:04 PM

PNB fraud: Allahabad Bank has $366.87 mn outstanding exposure
Kolkata, Feb 16 (IANS) State-run Allahabad Bank on Friday said it has an outstanding exposure of about $366.87 million in the $1.8 billion fraud detected by another public sector bank PNB, but added it was confident of receiving the payment.

Friday, February 16, 2018 8:58:04 PM

SA Tourism Roadshow to meet Indian traveller's evolving demands
New Delhi, Feb 16 (IANS) The 15th edition of South Africa (SA) Tourism's Roadshow will capitalise on the growing demand and align efforts to meet the evolving demands of the Indian traveller, an statement said here on Friday.

Friday, February 16, 2018 8:48:03 PM

India's domestic air passenger traffic up over 19% in January
New Delhi, Feb 16 (IANS) India's domestic air passenger traffic surged by 19.69 per cent to 1.14 crore in January from 95.79 lakh reported during the corresponding month of last fiscal, official data showed here on Friday.

Friday, February 16, 2018 8:24:05 PM

Industry chambers condemn $1.8 bn fraud, rap functioning of PSU banks
New Delhi, Feb 16 (IANS) Two days after the $1.8 billion fraud in Punjab National Bank (PNB) was disclosed, industry chambers on Friday condemned it criticising the functioning of public sector banks.

Friday, February 16, 2018 8:24:04 PM

Ajay Singh named EY Indian entrepreneur of 2017 for business transformation
New Delhi, Feb 16 (IANS) Passenger carrier SpiceJet on Friday said its Chairman and Managing Director Ajay Singh has been named the "Indian entrepreneur of the year 2017 for business transformation" by global consultancy firm EY.

Friday, February 16, 2018 7:54:04 PM

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