Gitanjali Gems Promoter

PNB scam: One of the main accused in the Rs 13,500 crore Punjab National Bank scam, Mehul Choksi, has pleaded with a Mumbai court to cancel arrest warrants issued against him. It is not so much his plea that has surprised the court, but the reason behind his plea -- the promoter of Gitanjali Gems, whose whereabouts are not known, said he could be l...

Gitanjali Gems promoter Mehul Choksi, a key accused in the multi-crore Punjab National Bank (PNB) scam case, today moved a special court here seeking cancellation of a non-bailable warrant (NBW) issued against him.

The Delhi High Court on Thursday withdrew the interim protection from coercive action, including arrest, granted to Gitanjali Gems promoter Mehul Choksi in connection with an FIR lodged in 2016 by the owner of one of its retail franchisees.

The Delhi High Court today withdrew the interim protection from coercive action, including arrest, granted to Gitanjali Gems promoter Mehul Choksi in connection with an FIR lodged in 2016 by the owner of one of its retail franchisees.

The CBI is among various agencies looking into the over Rs 13,000-crore fraud allegedly committed by billionaire jeweller Nirav Modi and his uncle and Gitanjali Gems promoter Mehul Choksi.

ICICI Bank does not have any exposure to Nirav Modi group of companies but was working capital lenders to the Gitanjali group of companies along with several other banks in the consortium, the bank has said in a statement.

The Enforcement Directorate (ED) will issue letters rogatory to six countries to identify overseas businesses and assets of diamond trader Nirav Modi, accused in the Rs 11,400-crore Punjab National Bank (PNB) fraud and who is absconding. Letters rogatory are documents that make a request for information through a foreign court. The Central Bureau o...

The Delhi High Court today directed the police to investigate cheating allegations levelled against Gitanjali Gems promoter Mehul Choksi in an FIR lodged in 2016 by the owner of one of its retail franchise.

The Delhi High Court will today hear a crucial petition filed by Gitanjali Gems promoter Mehul Choksi, who is currently under investigation in the Punjab National Bank scam case, seeking the quashing of an FIR lodged against him for allegedly cheating an engineer's firm in 2016.

In a BSE filing, the company said the Board of Directors has decided to seek approval of shareholders through postal ballot "to raise funds up to Rs 175 crore by issue of convertible warrants to persons other than promoters by way of preferential allotment."

Gold jewellery exports may decline by about 50 per cent in this financial year from last year after government restrictions reduced the availability of raw material, according to industry experts.

Gold may get costlier after the Reserve Bank of India (RBI) made it mandatory to export 20 per cent of imports in a bid to arrest the rupee's fall and improve the countrys high current account deficit, traders and jewellers said on Monday.

Trading activities of 26 entities, including Gitanjali Gems promoter Mehul Choksi, and firms linked to Prime Broking, were suspended on Thursday by market regulator Securities and Exchange Board of India (Sebi) and the bourses, as part of a probe into suspected market manipulations.

Leading jewellers such as Titan Industries and Gitanjali Gems are aggressively promoting diamond jewellery, which uses less gold, and opening more stores in cities such as Singapore and Dubai in an effort to spur sales.

PNB scam: One of the main accused in the Rs 13,500 crore Punjab National Bank scam, Mehul Choksi, has pleaded with a Mumbai court to cancel arrest warrants issued against him. It is not so much his plea that has surprised the court, but the reason behind his plea -- the promoter of Gitanjali Gems, whose whereabouts are not known, said he could be l...

Gitanjali Gems promoter Mehul Choksi, a key accused in the multi-crore Punjab National Bank (PNB) scam case, today moved a special court here seeking cancellation of a non-bailable warrant (NBW) issued against him.

The Delhi High Court on Thursday withdrew the interim protection from coercive action, including arrest, granted to Gitanjali Gems promoter Mehul Choksi in connection with an FIR lodged in 2016 by the owner of one of its retail franchisees.

The Delhi High Court today withdrew the interim protection from coercive action, including arrest, granted to Gitanjali Gems promoter Mehul Choksi in connection with an FIR lodged in 2016 by the owner of one of its retail franchisees.

The CBI is among various agencies looking into the over Rs 13,000-crore fraud allegedly committed by billionaire jeweller Nirav Modi and his uncle and Gitanjali Gems promoter Mehul Choksi.

ICICI Bank does not have any exposure to Nirav Modi group of companies but was working capital lenders to the Gitanjali group of companies along with several other banks in the consortium, the bank has said in a statement.

The Enforcement Directorate (ED) will issue letters rogatory to six countries to identify overseas businesses and assets of diamond trader Nirav Modi, accused in the Rs 11,400-crore Punjab National Bank (PNB) fraud and who is absconding. Letters rogatory are documents that make a request for information through a foreign court. The Central Bureau o...

The Delhi High Court today directed the police to investigate cheating allegations levelled against Gitanjali Gems promoter Mehul Choksi in an FIR lodged in 2016 by the owner of one of its retail franchise.

The Delhi High Court will today hear a crucial petition filed by Gitanjali Gems promoter Mehul Choksi, who is currently under investigation in the Punjab National Bank scam case, seeking the quashing of an FIR lodged against him for allegedly cheating an engineer's firm in 2016.

In a BSE filing, the company said the Board of Directors has decided to seek approval of shareholders through postal ballot "to raise funds up to Rs 175 crore by issue of convertible warrants to persons other than promoters by way of preferential allotment."

Gold jewellery exports may decline by about 50 per cent in this financial year from last year after government restrictions reduced the availability of raw material, according to industry experts.

Gold may get costlier after the Reserve Bank of India (RBI) made it mandatory to export 20 per cent of imports in a bid to arrest the rupee's fall and improve the countrys high current account deficit, traders and jewellers said on Monday.

Trading activities of 26 entities, including Gitanjali Gems promoter Mehul Choksi, and firms linked to Prime Broking, were suspended on Thursday by market regulator Securities and Exchange Board of India (Sebi) and the bourses, as part of a probe into suspected market manipulations.

Leading jewellers such as Titan Industries and Gitanjali Gems are aggressively promoting diamond jewellery, which uses less gold, and opening more stores in cities such as Singapore and Dubai in an effort to spur sales.