diamond jeweller

De Beers aims 15 per cent  growth in diamond jewellery category in next three-four years

The diamond jewellery market is close to $5.5 billion in India, and the brand is seeing a rising demand for high-quality solitaire diamonds.

published on : 16th April 2022

Punjab National Bank fraud case: CBI raids on Nirav Modi yield 95 documents

The raids at official and residential premises of Nirav Modi and kind on February 3 and 4 yielded 95 documents, including import bills and applications relating to imports.

published on : 16th February 2018

Nirav Modi fraud case: No clarity yet on the quantum of losses for PNB, other banks

Clearly, $1.77 billion is the amount that Modi and his firms borrowed since 2011 but what's unclear is the outstanding exposure and how much of it was actually repaid.

published on : 16th February 2018

PNB fraud case: CBI seeks revocation of passports of Nirav Modi and his uncle Mehul Choksi

Nirav Modi's wife Ami, a US citizen, left on January 6 and his uncle and business partner Choksi, the promoter of Gitanjali jewellery chain, left on January 4.

published on : 15th February 2018

PNB reports a massive black hole in books, two-times government’s cash infusion size, pegs it at Rs 11,363 crore

Finger of suspicion on billionaire jewellery designer Nirav Modi and Gitanjali Gems; more banks may be hit as they gave loan on PNB’s letters of undertaking

published on : 15th February 2018

Punjab National Bank cautions other banks about modus operandi of Rs 11,400 crore fraud linked to Nirav Modi case

CBI sources say Nirav Modi, his wife, brother and others worked with bank officials to illegally obtain Letters of Undertaking, which were cashed overseas from different banks, both private and public

published on : 14th February 2018