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Why family matters so much in India's diamond trade

There are around 6,500 diamond manufacturers of which Palanpuri Jains operate a mere 6 per cent, or around 400 companies. But they stand out for being highly interlinked through blood ties. ......

Congress rakes up 'Rs 6,712-cr scam' to target Modi government

The Congress on Thursday raked up yet another 'scam' of Rs 6,712 crore by jeweller Jatin Mehta of Winsom Diamonds to target the government and asked Prime Minister Narendra Modi to break his......

Before Nirav Modi, there was Jatin Mehta

Jatin Mehta beat Nirav Mehta and Mehul Choksi in precedent and modus operandi, reports Pavan Lall/Business Standard. IMAGE: Jatin Mehta.   Even as the spotlight focuses on tainted jewellers......

Why be afraid of businessmen owning banks?

Bad loans of PSBs are at Rs 20 trillion.Most of it is, I sense, due to corruption and behest lending.Nobody pays a price for this charade.Not the promoters, the bankers, RBI officials, finance......

Mehul Choksi's firm, others owe Rs 37,020 crore to PNB

All these companies were provided loans by PNB as part of consortium lending. Winsome Diamond & Jewellery, Gitanjali Gems and ABG Shipyard are among the big wilful defaulters who together owe more......

Mehul Choksi, Vijay Mallya in Rs 68,607 cr loan writeoff list: RBI

Banks have "technically" written off a whopping Rs 68,607 crore in outstanding loans of top 50 wilful defaulters, including of firms belonging to fugitive economic offenders Mehul Choksi and Vijay......

How the private sector has stalled India's reforms

'The failures of private businessmen have set back the process of market-oriented reform, though that is the only way forward,' argues T N Ninan. Illustration: Uttam Ghosh/Rediff.com It used to be......

Despicable Me 3 Review: A zany joyride of retro and reunions

Whether you're a kid, accompanying one or neither of the two, there are still lots of reasons to catch Despicable Me 3 in the theatres, says Sukanya Verma. Gru and gang are at it again. Usually......

Anushka wins Ae Dil Hai Mushkil hands down!

Romance died, came alive and lives on forever, off screen or on it, in Sukanya Verma's fabulously filmi week. Monday Photograph: Frazer Harrison / Staff Getty Images Hardly the idiot box junkie......

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