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Total 185 results found. Search for [ gems and jewellery companies ]

Results 80 to 100 of 185
PTI
April 19, 2018



PTI
April 15, 2018
Gross NPAs of all the banks in the country amounted to Rs 8,40,958 crore in December, led by industry loans followed by services and agriculture sectors, as per the government estimates.


Virendrasingh Ghunawat
Mumbai, April 12, 2018
To avoid detection, the accused bank officials, the Gitanjali group companies and its directors deliberalty omitted making entries of the LoUs in the core banking system (CBS) of the bank. 


Virendrasingh D Ghunawat
Mumbai, April 10, 2018
The complaint would also include the statements of the main accused Nirav Modi confidante Shyam Wadhwa and PNB employee Gokulnath Shetty; directors of Firestar Diamond International/Gitanjali Gems; employees of group companies; the statement of Sunil Mehta, Chief Executive Officer (CEO) & Managing Director (MD) of Punjab National Bank (PNB); and other bank officials.


BusinessToday.In
March 14, 2018
Bank Guarantees and LCs are considered less risky because receiving banks have to conduct their own credit appraisal on companies before accepting them.


Mail Today Bureau
New Delhi, March 14, 2018
The RBI on Tuesday barred banks from issuing guarantees in the form of letters of undertaking (LoU) to prevent any further misuse of the facility as was done in the Massive PNB fraud.


PTI
March 13, 2018



BusinessToday.In
March 9, 2018
The latest allegation against Modi - accused of being the mastermind behind the fraud pegged at Rs 12,686 crore in the first two FIRs - is that his companies had also misused legitimate loans and guarantees.


BusinessToday.in
New Delhi, March 8, 2018
In a letter to the CBI, Choksi not only refused to return but also asked Mumbai's Regional Passport Office (RPO) to explain on what basis his passport was revoked. 


PTI
New Delhi, March 4, 2018
Seeking to join forces with other agencies to check financial frauds, regulator Sebi plans to make it mandatory for listed companies to make urgent disclosure about all major loan defaults.


Reuters
New Delhi, March 4, 2018
An official of Punjab National Bank received gold and diamond jewellery from a billionaire jeweller accused of being involved in a $2 billion bank fraud, the Central Bureau of Investigation (CBI) told a court on Saturday.


Munish Pandey
March 2, 2018
Diamantaires Nirav Modi and Mehul Choksi, prime accused in the country's biggest bank fraud, were using a chawl in Mumbai to hide documents related to the Rs 12,636-crore scam.


Md Hizbullah Syed and Masroor Hasan
March 2, 2018
The investigation in the financial hub of Mumbai revealed how unscrupulous diamond merchants ship the same stocks back and forth to rip off government banks with inflated valuations in their books.


BusinessToday.in
March 1, 2018
Last month, the ED lodged a money laundering case against Mehul Choksi on the basis of an FIR registered by the CBI. It was alleged that Mehul Choksi and others committed the offence of cheating against PNB in connivance with certain bank officials by fraudulently getting the Letters of Credit.


Dipak Mondal
New Delhi, February 28, 2018
Ever since the Nirav Modi scam came to fore,  insolvency proceedings against four diamond companies have been initiated by operational creditors.


PTI
February 25, 2018



BusinessToday.in
New Delhi, February 24, 2018
Using seizure of his bank accounts as a justification, Choksi said that he will not be able to reimburse the salaries of his employees, or pay the maintenance and electricity bills.


BusinessToday.in
New Delhi, February 23, 2018
Diamantaire Nirav Modi, who is in between the Rs 11,400 crore PNB fraud, has pegged his company's worth at Rs 6,500 cr, we look at the assets he owns


PTI
February 22, 2018



Mahesh Nayak
New Delhi, February 22, 2018
Industry of over 6,000 traders, who export staggering $23 billion worth of diamonds each year with a value addition in excess of $7 billion, is worried the Nirav Modi-PNB scam will make things difficult for the sector that's is still trying to find its feet after demonetisation and GST.


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