News Digest: Rs 114-bn PNB fraud, Modicare, Airtel Africa listing, and more

PNB names Nirav Modi and Gitanjali Gems in the mega Rs 114-bn fraud

In what may turn out to be one of the biggest scams in the country’s corporate history, Delhi-based Punjab National Bank (PNB) said on Wednesday it had been defrauded of about Rs 114 billion by jeweller Nirav Modi, his maternal uncle Mehul Chinubhai Choksi, and other relatives through a clutch of companies they own. Read More

Trump slams India's 50% import tariff on Harley-Davidson, calls it 'unfair'

US President Donald Trump on Wednesday criticised India for imposing a high import duty on the iconic