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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
Winsome Diamonds & Jewellery to hold board meeting

Capital Market May 26, 2015 Last Updated at 10:05 IST ...

http://www.business-standard.com/article/news-cm/winsome-diamonds-jewellery-to-hold-board-meeting-115052600225_1.html
India's top bank defaulter may have fled the country

An internal audit by the Central Bank of India has found that the promoter of Winsome Diamonds and Jewellery — the country's top wilfully... ...

http://m.hindustantimes.com/business-news/india-s-top-bank-defaulter-may-have-fled-the-country/article1-1349773.aspx
Bad loans jumped 90 per cent in the Q4 as borrowers defaulting on restructured debt

MUMBAI: The worst fears of RBI Governor Raghuram Rajan on the restructuring of bad loans look to becoming true. Banks had sought to recast dodgy... ...

http://economictimes.indiatimes.com/industry/banking/finance/banking/bad-loans-jumped-90-per-cent-in-the-q4-as-borrowers-defaulting-on-restructured-debt/articleshow/47364390.cms
Banks fear loan default by commodity companies

MUMBAI: After infrastructure firms, it may be the turn of commodity companies to spoil Indian banks' balance sheets by defaulting on repayments of... ...

http://economictimes.indiatimes.com/news/economy/finance/banks-fear-loan-default-by-commodity-companies/articleshow/47349571.cms
RBI gives banks provisioning leeway for reporting frauds on time

Can stagger provisioning for fraud accounts in four quarters for reporting them in time; else have to do it in one shot Rising number... ...

http://www.dnaindia.com/money/report-rbi-gives-banks-provisioning-leeway-for-reporting-frauds-on-time-2087009

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