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About 10 results for "bureau of public enterprises"

CBI books billionaire Nirav Modi in Rs 280 cr cheating case

CBI books billionaire Nirav Modi in Rs 280 cr cheating case

The Central Bureau of Investigation has booked diamond merchant Nirav Modi, his brother, wife and a business partner for allegedly cheating the Punjab National Bank of over Rs 280.70 crore in 2017, officials said. The agency had recently carried out searches at 21 locations, including the residence of Modi, his brother Nishal, wife Ami and Mehul Chinubhai Choksi, all partners of Diamond R US, Solar Exports and Stellar Diamonds and two bank officials Gokulnath Shetty (now retired) and ..., 1 month ago
Just who is Nirav Modi?, 1 month ago

Punjab National Bank detects $1.8 bn fraud at a Mumbai branch

Mumbai: Punjab National Bank, the second largest public sector bank in India, has detected a $1.8 billion fraud in one of its branches here, the bank said in a regulatory filing to the stock exchanges on Wednesday. "The bank has detected some fraudulent and ...
 Mathrubhumi1 month ago Finally, Urijit Patel opens up on banking frauds, crony capitalism and the RBI's limited authority  Sify5 days ago

Spy’s eye: Cooperative Federalism & National Security

The call for ‘Cooperative Federalism’ given by PM Narendra Modi should aid the cause of national security and not come in the way of the Centre hardening its attitude The Constitution of India in the Preamble itself commits the Republic to ensuring the ...
 The Financial Chronicle1 day ago

Biggest challenge facing India's financial sector

The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system, say Isha Agarwal & Eswar Prasad. Illustration: Uttam Ghosh/ India has come a long way since it embarked upon its journey of economic reforms more than two decades ago.   With a projected gross domestic product or GDP growth of over 7 per cent, it is now one of the fastest-growing major economies in the world. The high growth rate has been supported by a ...
 Rediff.com1 month ago

Spy’s eye: Secure our installations

The new global terror operating on faith-based motivation, across geographical boundaries, is now the instrument of multiple ‘proxy wars’ in several continents. India is a major victim of this constant threat emanating from Pakistan - a country ...
 The Financial Chronicle1 month ago

India's farmers need a buget outlay of Rs 2 lakh cr to break the debt cycle

It is never clear to me why media make a screaming headline out of budget announcements around agriculture credit. “Agri credit raised to record 10 lakh crores” was the headline last budget season, while the finance minister and the government ...
 catchnews.com1 month ago

How India can meet its job creation challenge

Job creation will require skill development for productivity enhancement in what is today the unorganised sector, says Nitin Desai. Job creation is considered to be the most serious development challenge that India faces. It is a major source of contention in the political space. Data warriors have been arguing about the impact of demonetisation on employment.   But this jousting is futile as our employment data systems do not provide the granular information required for connecting ...
 Rediff.com2 months ago

Govt must ensure quality jobs and reform labour laws

Sticky labour laws and a difficult business environment have led to employers shifting their new hiring in favour of contract labour where social security is much lesser, says Mahesh Vyas. Illustration: Uttam Ghosh/ The unemployment rate has risen from remarkably low levels of 3-4 per cent during April-August 2017 to 5 per cent or higher in recent months.   Nevertheless, it continues to remain lower than its level a year ago. The November 2017 unemployment rate at 4.6 per cent ...
 Rediff.com2 months ago
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