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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 August 24, 2015 Last Updated at 17:18 IST ...

http://www.business-standard.com/article/news-cm/winsome-diamonds-jewellery-to-hold-board-meeting-115082400949_1.html
ED set to attach assets of India's biggest defaulter Winsome Diamonds

NEW DELHI: Even as the Enforcement Directorate moves to attach bank guarantees and other available assets of Winsome Diamonds, India's biggest bank... ...

http://timesofindia.indiatimes.com/india/ED-set-to-attach-assets-of-Indias-biggest-defaulter-Winsome-Diamonds/articleshow/48092759.cms
Banks to auction mortgaged assets to recover Winsome Diamonds dues

Bankers of Winsome Diamonds & Jewellery Ltd have begun process of selling mortgaged assets to recover dues estimated at over Rs 4,300 crore.... ...

http://smartinvestor.business-standard.com/market/Compnews-323083-Compnewsdet-Banks_to_auction_mortgaged_assets_to_recover_Winsome_Diamonds_dues.htm
Zoom Developers' saga shows collateral safety is a myth; banks are sitting ducks

The current crisis faced by lenders with respect to Zoom Developers, where over Rs 3,000 crore bank money is stuck, is a classic case that proves... ...

http://m.firstpost.com/business/zoom-developers-saga-shows-collateral-safety-myth-banks-sitting-ducks-2325184.html
Banks tightening lending norms for gems and jewellery companies

MUMBAI: Banks are tightening financing norms for the gems and jeweller`y industry after being forced to write off loans of more than Rs 10,000... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/470ea111/sc/28/l/0Leconomictimes0Bindiatimes0N0Cindustry0Cbanking0Cfinance0Cbanking0Cbanks0Etightening0Elending0Enorms0Efor0Egems0Eand0Ejewellery0Ecompanies0Carticleshow0C475939680Bcms/story01.htm

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