Search For "billion dollar"
Unable to clear dues, 'helpless' Mehul Choksi writes to employees
Updated : 8 years, 2 months ago IST
New Delhi [India], Feb 24 (ANI): Owner of Gitanjali Gems, Mehul Choksi, expressed his "helplessness" in a letter to his employees, stating that he would be unable to clear their dues in lieu of the ongoing probe in the 1.77 billion dollar Punjab National Bank (PNB) scam.
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Centre to crackdown on erring auditors
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb 22 (ANI): The government is considering implementing stringent auditing standards by notifying Section 132 of the Companies Act, 2013, in the wake of the 1.77 billion dollar Punjab National Bank (PNB) fraud.
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EU taking steps to prevent 'Chinese takeover' through OBOR
Updated : 8 years, 3 months ago IST
Hong Kong [China], Feb.19 (ANI): Several European nations are reportedly keen to restrict China's economic-centric geopolitical advance via the multi-billion dollar One Belt One Road (OBOR) initiative over concerns about Beijing attempting a takeover of sorts of the region.
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Trump targets Obama over Iran payment
Updated : 8 years, 3 months ago IST
Washington DC [United States], Feb 18 (ANI): United States President Donald Trump on Sunday targeted his predecessor Barack Obama for a payment to Iran, saying he has "never gotten over the fact Obama was able to send $1.7 Billion Dollars in CASH to Iran" and no investigation was called.
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PNB fraud case: CBI conducts searches at Brassy House branch
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb. 18 (ANI): The Central Bureau of Investigation (CBI) on Sunday conducted searches at Brassy House branch of Punjab National Bank (PNB) in connection with the billion-dollar fraud case.
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BJP blames banking system for PNB fraud case
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb 16 (ANI): The Bharatiya Janata Party (BJP) on Friday blamed the banking system for the 1.77 billion dollars scam detected by Punjab National Bank (PNB), while saying that the Centre is making efforts to recover the amount from the accused.
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Tectonic danger facing Chinese-built Gwadar Port
Updated : 8 years, 3 months ago IST
Hong Kong [China], Feb.16 (ANI): Pakistan's Gwadar Port, which is being upgraded by the Chinese as part of the multi-billion dollar China-Pakistan Economic Corridor (CPEC) project, could face a geographical catastrophe in the not too distant future, according to scientists of both countrie
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Rajnath assures 'effective action' in PNB fraud scam case
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb. 16 (ANI): Union Home Minister Rajnath Singh on Friday said that an effective action will be taken against the accused in the 1.77 billion dollars scam detected by Punjab National Bank (PNB).
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Nirmala Sitharaman blames UPA for PNB fraud case
Updated : 8 years, 3 months ago IST
Shillong(Meghalaya)[India], Feb.15 (ANI): Defence Minister Nirmala Sitharaman on Thursday hit out at the Congress for cornering Prime Minister Narendra Modi led government over the PNB fraud case and said that 1.77 billion dollars scam happened during the UPA regime.
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US President signs major budget bill
Updated : 8 years, 3 months ago IST
Washington [USA], Feb 09 (ANI): US President Donald Trump on Friday signed a major budget bill that increases spending caps by 300 billion dollars for the Pentagon and domestic priorities.
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Baloch activist raises doubts over CPEC, writes to French senator
Updated : 8 years, 3 months ago IST
Vancouver [Canada], Feb 7 (ANI): Head of the World Baloch Women Forum (WBWF), Professor Naela Quadri Baloch, has written a letter to French Senator Pascal Allizard raising doubts over the multi-billion dollar China-Pakistan Economic Corridor (CPEC).
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OBOR must be less Chinese centric to survive, say experts
Updated : 8 years, 3 months ago IST
Singapore City [Singapore], Jan.31 (ANI): China's plan of winning over friends and supporters in the 70-odd countries through which its multi-billion dollar One Belt One Road (OBOR) initiative runs through could come unstuck in the wake of think tank study claiming that 89 percent of contrac
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