Market Politics South India

Stocks of +11 diamonds from TamilNadu made 30% market crash

Economic times reported Prices of the +11 diamond size manufactured by the small and medium diamantaires in the Surat world’s largest diamond cutting and polishing centre has crashed by nearly 30% in the last two days after the diamond brokers in Mumbai were flooded with the fresh stocks from few brokers in Tamil Nadu.   Read More…

Asia Europe Industries Legal

13500 Crores Looter Modi Spotted in UK wearing 9 lakhs Ostrich Jacket

Billionaire diamond tycoon, Nirav Modi, who probably managed to become a suspect in the biggest banking fraud in the country’s history, was just spotted in London.   Nirav Modi, who was accused in the Rs 13,500 crore Punjab National Bank fraud case, was recently spotted by UK’s Telegraph newspaper strolling freely.   But this time, Read More…

Companies National Politics

Modi the looter lives in 8 minion pounds posh apartment in london

Modi, 48, is currently living in a posh apartment in London occupying half of a floor of the landmark Centre Point tower block,  The London daily Telegraph reported.   Fugitive billionaire diamantaire Nirav Modi, accused in the USD 2 billion PNB fraud case, is living openly in a swanky 8-million pound apartment in London’s West Read More…

Business Companies Legal

Modi relative Choksi surrendered his Indian passport and acquired Antigua

“Mehul Choksi has surrendered his Indian passport to the High Commission in Guyana,” sources said.   The development has been confirmed by high-level sources at India’s Ministry of External Affairs (MEA).   Choksi deposited his cancelled Indian Passport No. Z3396732 and a mandatory fee of $177 for the other formalities, as per IANS news agency. Read More…

Business Companies Legal Opinion

Modi says case used for Political purpose and so stay in India not safe for him

According to the Central Bureau of Investigation (CBI), Modi and his uncle Mehul Choksi cheated the Punjab National Bank (PNB) of Rs 14,000 crore by fraudulently securing Letters of Undertaking (LoUs) to obtain credit overseas.   However Fugitive diamond merchant Nirav Modi, a prime accused in the PNB fraud case, told a court in Mumbai Read More…

National Politics

Rahul Gandhi dropped another bombshell this time Jaitley

Congress president Rahul Gaandhi has launched a direct    attack on Finance Minister Arun Jaitley and demanded his resignation. In a tweet, Rahul Gandhi alleged that Arun Jaitley’s daughter was on the payroll of fugitive businessman Mehul Choksi. However, the finance minister sat on the file and allowed Mehul Choksi to flee the country, Rahul Read More…