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Winsome Diamonds

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Winsome Diamonds in death wheeze: Auditors

Auditors of the crisis-ridden Winsome Diamonds and Jewellery Ltd have raised doubts on the ability of the company to continue as a going concern. Even refinancing loans appears difficult due to......

Winsome becomes a headache for banks and investors

Ramesh Parikh, director of Mumbai-based Winsome Diamonds, is fighting a lone battle. As the promoters of the company led by Jatin Mehta have been unavailable after a massive loan default, Parikh is......

Wilful defaulter tag for Kingfisher Airlines: FinMin takes stock

The Union finance ministry has been taking stock with banks on the progress they have made to formally tag grounded Kingfisher Airlines as a wilful defaulter. The ministry has interacted with......

Banks seek stringent norms for defaulters

At the behest of the finance ministry, banks have initiated a series of stringent measures against defaulters. On Tuesday, at a meeting on a ministry-prepared list of the top 50 defaulters, bankers......

Gems and jewellery exports to rise

India’s diamond jewellery export is likely to see a rise in the coming months due to indications of revival in the economies of America and China, which together constitute two-thirds of......
  Web results for Winsome Diamonds
Diamond industry says no better days ahead if margins not improve

Diamond industry says no better days ahead if margins not improve Antwerp Diamond Bank has over 10% market share in financing of the diamond... ...

http://www.business-standard.com/article/companies/diamond-industry-see-better-days-may-elude-if-margins-dont-improve-114102200754_1.html
Cement stocks in demand after diesel price cut

A range bound movement was witnessed as key benchmark indices held firm in mid-afternoon trade. The barometer index, the S&P BSE Sensex, was... ...

http://www.business-standard.com/article/news-cm/cement-stocks-in-demand-after-diesel-price-cut-114102000516_1.html
Banks to conduct forensic audit to check non performing assets

MUMBAI: Forensic audit is becoming a standard feature for stressed loan accounts referred to the corporate debt restructuring cell - a forum where... ...

http://economictimes.indiatimes.com/industry/banking/finance/banking/banks-to-conduct-forensic-audit-to-check-non-performing-assets/articleshow/44479009.cms
Ex-CVC

NEW DELHI: Restructuring of loans on easy terms may not be the best solution to tackle the bad loans of public sector banks (PSBs), former central... ...

http://timesofindia.indiatimes.com/business/india-business/PSBs-hiding-bad-loans-size-Ex-CVC/articleshow/44146242.cms
Standard Chartered reducing diamond exposure; lenders demand extra collateral from diamantaires

MUMBAI: Diamond houses will soon knock on the doors of banks. British lender Standard Chartered Bank, one of the top financiers to the trade, has... ...

http://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/standard-chartered-reducing-diamond-exposure-lenders-demand-extra-collateral-from-diamantaires/articleshow/43759848.cms

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