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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......

Fearing defaults, banks rein in credit to jewellery firms

It was unclear how bankers were deciding which jewellers to support Indian jewellery firms are finding it increasingly hard to get credit to import raw material and ship out their wares as banks......

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......
  Web results for Winsome Diamonds
After 2013 default, banks hesitant to lend to jewellers

Indian jewellery firms are finding it increasingly hard to get credit to import raw material and ship out their wares as banks tighten the screws,... ...

http://www.asianage.com/business/after-2013-default-banks-hesitant-lend-jewellers-198
Outcome of board meeting

Winsome Diamonds and Jewellery Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 13, 2015 has... ...

http://www.moneycontrol.com/news/announcements/winsome-diamonds-outcomeboard-meeting_1274175.html
SBI is readying wilful defaulter notice for Kingfisher

State Bank of India (SBI), the country's largest lender by assets, is determined to classify Kingfisher Airlines and its promoter Vijay Mallya as... ...

http://www.firstpost.com/business/watch-out-vijay-mallya-sbi-is-readying-wilful-defaulter-notice-for-kingfisher-2041503.html
The Men Who Owe the Banks the Big Bucks

Finance Minister Arun Jaitley's terming of the bad assets in the banking system as unacceptable and the promise of more autonomy for public sector... ...

http://www.newindianexpress.com/business/news/The-Men-Who-Owe-the-Banks-the-Big-Bucks/2015/01/04/article2602236.ece
Rs 85,000 crore of bad loans locked in suits in FY14

As much as R85,000 crore of bad loans are stuck in suit-filed accounts in FY14, a jump of 21.4% from Q2FY13, the All India Bank Employees... ...

http://www.financialexpress.com/article/industry/banking-finance/rs-85000-crore-of-bad-loans-locked-in-suits-in-fy14/25211/

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