Gitanjali Gems
NSE issues notices to Gitanjali Gems, 35 others for not submitting June quarter results: CDSL
Sun, Sep 09, 2018
The firms also include Kwality Ltd, Unitech, Amtek Auto, Electrosteel Steels, Moser-Baer (I) Ltd, SRS, JVL Agro Industries, Bharati Defence and Infrastructure and Shilpi Cable Technologies.
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PNB fraud: Gitanjali Gems share price soars 124% in 17 sessions; this is reason why
Tue, May 29, 2018
Gitanjali Gems had hit its lifetime low of Rs 2.89 on May 3, following which the stock has been hitting the upper circuit repeatedly, rising 124 per cent in the past seventeen days to Rs 6.81 as of today.
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Sebi to consider penal action against PNB, Gitanjali Gems
Sun, May 20, 2018
Markets regulator Sebi will consider penal action against Punjab National Bank and Gitanjali Gems after completion of its probe into suspected trading and disclosure related issues in the matter of over Rs 14,000 crore banking fraud, senior officials said
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NPAs in Q4 to rise by Rs 8,000 cr on account of Gitanjali Gems
Sun, Apr 15, 2018
Banks will have to make provisioning of Rs 8,000 crore for Gitanjali alone as there has been no servicing of the working capital loan during the fourth quarter of last fiscal, sources said. Gitanjali, among others, is the major account which has turned bad in the fourth quarter of 2017-18
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PNB fraud case: Delhi HC issues notice to ED in Mehul Choksi case over dropping money laundering charges
Fri, Apr 06, 2018
PNB fraud case: Nirav Modi, his uncle Choksi and other persons are being investigated by multiple probe agencies after the Punjab National Bank (PNB) fraud case involving over Rs 11,000 crore came to light in January. The PNB had filed a complaint stating that it had allegedly been cheated to the tune of Rs 11,400 crore, with the purported involvement of a few employees of the bank.
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Another bank fraud revealed! This one involves Gitanjali Gems and Rs 86.5 crore
Thu, Mar 29, 2018
Choksi and his nephew Nirav Modi are already facing investigation in the Rs 13,540-crore fraud they committed on the state-run Punjab National Bank's Mumbai branch, which came to light after they left the country in early January.
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How Nirav Modi, Mehul Choksi case has impacted jewellers
Mon, Mar 12, 2018
The woes of jewellers are getting worse with many of the banks now refusing to fund any of the industry players in a kneejerk reaction to the Nirav-Choksi scam, Nitin Khandelwal, chairman of All India Gems & Jewellery Trade Federation has alleged.
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PNB fraud case fallout: Gitanjali Gems share price falls by this whopping amount to new low
Tue, Mar 06, 2018
PNB fraud: CBI, which secured a 12-day remand of four accused arrested yesterday, explained the modus operandi involved in the alleged Rs 12,636-crore PNB fraud before the special CBI court.
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CBI targets PNB Mumbai branch auditors in $2 billion fraud probe
Fri, Mar 02, 2018
The Central Bureau of Investigation (CBI) on Thursday told a court an internal auditor at a Mumbai branch of Punjab National Bank conspired with other officials to carry out a $2 billion fraud at the country`s second-biggest state lender.
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PNB fraud: Nirav Modi, Mehul Choksi put jewellery sector's growth at stake
Wed, Feb 28, 2018
The developments related to the ONB fraud case has hit the jewellery sector in India, where Gems and Jewellery retail market is estimated to be at Rs 3,90,000 crore, out of which 30% are formal retailers.
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Gitanjali Gems looks set to wind up, gives pink slips to employees
Tue, Feb 20, 2018
As the chairman Choksi remains elusive, Board member Krishnan Sangameswaran, Pankhuri Warange, vice president - compliance and company secretary and, Chandrakant Karkare, chief financial officer have put in papers.
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Gitanjali Gems tanks for 5th straight day, PNB recoups losses
Tue, Feb 20, 2018
Shares of Gitanjali Gems on Tuesday tanked for the fifth straight trade session, a day after two senior officials of the company -- Chandrakant Karkare and Pankhuri Warange -- resigned following the unravelling of $1.8-billion Punjab National Bank (PNB) fraud.
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