India’s securities regulator on Thursday fined jewellery retailer Gitanjali Gems Ltd and its executives 50 million rupees ($695,700) for failing to disclose key information related to...
Mumbai: Bankers are not averse to financing the gems and jewellery businesses, however, they feel that the industry needs to become more organised, transparent and compliant to...
New Delhi-Key accused in the PNB fraud case, Mehul Choksi on Thursday said the state-run Punjab National Bank NSE -3.46 % intentionally “destroyed” GitanjaliNSE 5.00 %...
MUMBAI: Mehul Choksi-run Gitanjali Gems, which owes over Rs 12,500 crore to 31 financial creditors and is a key player in the Rs 14,000-crore Punjab National Bank...
Jewellery retailer Senco Gold Ltd has withdrawn its proposed initial share sale, deferring its plan to go public for a second time in a little over...
The resolution professional overseeing Gitanjali Gems has contested the Enforcement Directorate’s seizure of the company’s assets on the grounds that the action has disrupted the insolvency...
Polished-diamond prices softened in January as US restocking proved slower than expected after the holiday season, and as Far East buyers took vacation ahead of the...