'I try to solve the problem that is there in front of me. I know it's a cliched answer...but I was trying to focus on what is the best option over here on a wicket like this.'
Sebi on Thursday sent a notice to fugitive businessman Mehul Choksi asking him to pay Rs 5.35 crore in a case pertaining to fraudulent trading in the shares of Gitanjali Gems Ltd and warned of arrest and attachment of assets as well as bank accounts if he fails to make the payment within 15 days. The demand notice came after Choksi failed to pay a fine imposed on him by the Securities and Exchange Board of India (Sebi). Choksi, who was the chairman and managing director as well as part of promoter group of Gitanjali Gems, is the maternal uncle of Nirav Modi.
The Kya Kool Hai Hum Director was undergoing treatment for urinary infection at Kokilaben Hospital in Mumbai. On Wednesday, he suffered a cardiac arrest, his brother Sanjeev Sivan confirmed.
Subhash K Jha celebrates the Ram Mandir pran pratishtha ceremony by picking some memorable Ram bhajans from movies you may not have heard of.
The government is planning to tweak its procurement policy to give a fillip to domestic manufacturing. The industry department has floated a proposal to raise the minimum local content requirement for public procurement for Class-I and -II suppliers from 50 per cent currently to 70 per cent, and 20 per cent as of now to 50 per cent, respectively.
A list of 10 rising outsiders from whom wonders can be expected in the years to come.
Gems and jewellery exports may have risen over 20 per cent so far this fiscal, but the rising rupee has cost 150,000 diamond workers their jobs in the last one year, the head of the Gems and Jewellery Export Promotion Council, Sanjay Kothari, said.
Gitanjali Gems is foraying into the business of providing gold loans and safe deposits vaults. The company has also acquired Trinity Watch Co and Renaissance Retail Ventures for undisclosed sums. It has also formed a subsidiary, Mohar Jewels. It will soon launch the fashion retail format through its retail subsidiary Gitanjali Lifestyle. The company has tied-up with three fashion designers to introduce fashion apparels and private labels and will also open exclusive stores.
Ottneil Baartman registered his best bowling figures of 4 for 11 as South Africa produced a fine bowling effort to restrict Netherlands to 103 for nine
As a first major step towards making India a global trading hub the government on Monday constituted an expert committee for looking into the entire fiscal issues affecting the gems and jewellery sector.
Banks are sensing warning signals of potential loan defaults from gems and jewellery exporters as the appreciating rupee continues to dent their profits. Loan accounts of a few diamond and jewellery exporters are already showing signs of stress, with banks receiving delayed payments.
They all assembled at the judges' lounge before the start of the day's work and gave a standing ovation to Pragya, daughter of an obscure cook at the top court Ajay Kumar Samal.
Communication is the secret ingredient of a healthy green flag relationship, says rediffGURU Ravi Mittal.
The list of guests included celebrities from across the globe, politicians, the who's who of Hindi and south Indian cinema world and almost all the top cricketers of the country.
Leading diamond jewellery manufacturer and retailer Gitanjali Gems Ltd is entering into real estate business through its maiden residential project at Borivli, in Mumbai's western suburb.
Rajasthan Royals take on Punjab Kings aiming to seal their IPL play-offs berth, in their penultimate league match.
Forty four years after Mohammed Rafi's untimely demise on July 31, 1980, at the young age of 55, the singer's work continues to enjoy a musical afterlife on radio, television and modern streaming channels.
India's gold imports, which have a bearing on the country's current account deficit (CAD), increased 26.7 per cent to $35.95 billion during the April-December of this fiscal due to healthy demand, according to government data. The imports stood at $28.4 billion during the same period a year ago. In December 2023, imports of the precious metal jumped by 156.5 per cent to $3 billion, as per the data released by the commerce ministry.
Global Emerging Middle (GEM) is the next big market, says PwC. In India, this segment is expected to cross the USD 1 trillion threshold by 2021; globally the figure is expected to be in excess of USD 6 trillion by 2021.
The Gem and Jewellery Export Promotion Council has engaged UK-based Trend Forecasting for trend analysis focussing on the global market. \n\n
India's exports declined by 2.83 per cent to $33.90 billion in November this year compared to $34.89 billion a year ago, government data released on Friday showed. Imports also declined to $54.48 billion in the month under consideration, as against $56.95 billion recorded in November 2022.
Shailesh Karkera picks the Best Players at Euro 24.
Two treasure hunters claim to have found a mysterious Nazi train which disappeared on its way to Germany from Hungary in 1945 carrying guns, gems and other valuable items, including paintings estimated to be worth $200 million (about Rs 1,300 crore).
Have a bake date with your partner and rustle up a batch of these chocolatey brownies on V-Day.
The government has also set targets for the next 25 years. We are working on the target of becoming a $5-10 trillion economy as well as taking exports to a record high, he said.
Once a stock market darling, the jewellery chain heads for liquidation.
The next Budget is likely to see significant changes in the duty structure for the gems and jewellery sector
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
The exports of gems and jewellery during the first quarter ended June 30, 2003 showed only a marginal rise of 3.85 per cent at $1,880.45 million as against $1,810.78 million during the corresponding period last year.
In august last year, the government had raised import duty on gold and silver to 10 per cent to curb the surging imports and burgeoning CAD.
Get your lowdown of what's happening in Tamil cinema!
A P J Abdul Kalam was a 'rashtra-ratna' (nation's gem) and the best tribute to him would be to realise his dreams for the country, Prime Minister Narendra Modi on Tuesday said as the nation mourned the demise of the former president.
In one of the first global acquisitions by an Indian firm in the retail space, gems and jewellery major Gitanjali Gems has bought US-based Samuels Jewellers for Rs 200 crore
Merry Christmas brims with Sriram Raghavan's signature style and ample cheeky look-what-I-did-there moments.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances