News for 'Jewellers'

Nirav Modi's extradition plea rejected by UK high court, has 5 days to appeal

Nirav Modi's extradition plea rejected by UK high court, has 5 days to appeal

Rediff.com23 Jun 2021

Wanted diamond merchant Nirav Modi, whose extradition to India was ordered in April by UK Home Secretary Priti Patel in the estimated USD 2-billion Punjab National Bank (PNB) scam case, has lost the first stage of his extradition appeal in the high court in London.

Nirav Modi assets garner Rs 2.29 crore in auction

Nirav Modi assets garner Rs 2.29 crore in auction

Rediff.com5 Mar 2020

The items which included a Porsche Panamera and a gold Cartier wristwatch were expected to fetch Rs 50 lakh.

Bullion body plans big boost to gold monetisation scheme

Bullion body plans big boost to gold monetisation scheme

Rediff.com12 Jan 2016

The scheme is yet to take off.

J&K cops cracking down on 'white-collar jihadis'

J&K cops cracking down on 'white-collar jihadis'

Rediff.com29 Aug 2021

The Jammu and Kashmir Police recently arrested five suspected "white-collar jihadis" who were behind a campaign to spread falsehood about the sovereignty of the country.

Over 70% IPOs delivered gains on listing day in FY21

Over 70% IPOs delivered gains on listing day in FY21

Rediff.com20 Apr 2021

The listing day gain-to-loss ratio for FY21 was 71 per cent, the highest since FY17, when it was 85 per cent.

PNB fraud: ED seizes Choksi firm's jewellery

PNB fraud: ED seizes Choksi firm's jewellery

Rediff.com17 May 2018

Choksi, along with his nephew and millionaire designer jeweller Nirav Modi, is being investigated by the ED for allegedly defrauding PNB, the country's second largest lender.

Business Families and their UGLY succession battles

Business Families and their UGLY succession battles

Rediff.com31 Dec 2021

The world is full of family businesses that withered away with the passing of generations, creating much bitterness and ill will. Entire clans that used to be household names have become pale shadows of their once-mighty empires.

ED seizures to stay valid for one year

ED seizures to stay valid for one year

Rediff.com6 Feb 2019

Currently, the enforcement officers are making seizures of assets directly and indirectly connected to offenders, including jewelers Nirav Modi and Mehul Choksi in the Punjab National Bank fraud and Vijay Mallya in the Rs 9,000-crore IDBI loan case.

India may get its first gold exchange

India may get its first gold exchange

Rediff.com8 Dec 2015

A dedicated physical gold exchange could lead to standard gold pricing in India.

India's richest club sees nine new entrants; Ambani still No 1

India's richest club sees nine new entrants; Ambani still No 1

Rediff.com9 Oct 2020

Half of the nation's 100 richest saw gains rising a collective 14% to $517.5 billion, says Forbes. Forbes released 2020's top 100 richest Indians on Thursday, which included newcomers, Sanjeev Bikhchandani, co-founder of Info Edge (India), who owns popular job and property websites; siblings Nithin and Nikhil Kamath, co-founders of discount stock brokerage Zerodha Broking, and three specialty chemicals producers - Vinod Saraf, founder of Vinati Organics, Arun Bharat Ram, the patriarch of SRF, and brothers Chandrakant and Rajendra Gogri of Aarti Industries. Other newcomers included Delhi-based brothers Ramesh Kumar and Mukand Lal Dua of Relaxo Footwears, which owns affordable footwear brands; dairyman, R G Chandramogan of Hatsun Agro; Premchand Godha, who chairs IPCA Laboratories, manufacturing formulations, bulk drugs and drug intermediates; G Rajendran, founder of jewellery chain, GRT Jewellers.

Tanishq is expanding to Bharat

Tanishq is expanding to Bharat

Rediff.com5 Jan 2019

'We are opening stores in towns that are unheard of where the attachment to jewellery is strong and accompanied by the Tata brand pull.'

PNB fraud: ED attaches over Rs 14 cr assets of Choksi, Gitanjali Gems

PNB fraud: ED attaches over Rs 14 cr assets of Choksi, Gitanjali Gems

Rediff.com4 Feb 2021

The Enforcement Directorate has attached assets worth over Rs 14 crore belonging to the Gitanjali Group and its promoter and jeweller Mehul Choksi, one of the prime accused in the alleged over Rs 13,000 crore PNB loan fraud case. The properties attached, under the anti-money laundering law, include a flat measuring 1,460 sq feet located at O2 Tower in Goregaon area of Mumbai, gold and platinum jewellery, diamond stones, necklaces made of silver and pearls, watches and a Mercedes Benz car, the ED said in a statement. A provisional order for attachment has been issued under the Prevention of Money Laundering Act (PMLA) for the assets worth a total Rs 14.45 crore that are in the name of Gitanjali Group of companies and its director Mehul Choksi, it said.

Why the gold monetisation scheme is yet to take off

Why the gold monetisation scheme is yet to take off

Rediff.com17 May 2016

Only three or four tonnes is estimated to have been mobilised under the scheme.

Indians want to know PM's 'Mann Ki Baat' on Rafale and PNB scam: Rahul

Indians want to know PM's 'Mann Ki Baat' on Rafale and PNB scam: Rahul

Rediff.com21 Feb 2018

Gandhi also labelled Mann Ki Baat a monologue.

Well played sir: Tendulkar pays tribute to Achrekar

Well played sir: Tendulkar pays tribute to Achrekar

Rediff.com2 Jan 2019

Tendulkar, unarguably the greatest batsman in modern cricket, was coached by Achrekar at the Shivaji Park in Mumbai's Dadar as a child.

Gold prices set to rise after Budget

Gold prices set to rise after Budget

Rediff.com28 Feb 2015

Buying had been muted in the past few weeks.

US Open venue to host 350-bed temporary hospital

US Open venue to host 350-bed temporary hospital

Rediff.com31 Mar 2020

A portion of the Billie Jean King National Tennis Center is set to transform into a 350-bed temporary hospital on Tuesday, the USTA said, as the coronavirus outbreak strains resources in New York City, which as been dramatically affected by the pandemic. The site of the US Open and the crown jewel of American tennis, the venue has been thrust into the fray amid a medical crisis that has gripped the world and brought professional sports to a sudden and indefinite halt.

Nirav Modi renews UK extradition appeal, to be heard on July 21

Nirav Modi renews UK extradition appeal, to be heard on July 21

Rediff.com29 Jun 2021

The 50-year-old jeweller, who remains behind bars at Wandsworth Prison in south-west London, had lost the first stage of the high court appeals process last week as a judge declined permission to appeal "on the papers". Modi's lawyers had five days to file a renewal application seeking an oral hearing to plead the case for permission to appeal against the extradition ordered by UK Home Secretary Priti Patel on April 16.

Zee's Punit Goenka: Not Just The Owner's Son

Zee's Punit Goenka: Not Just The Owner's Son

Rediff.com6 Oct 2021

Puneet Goenka's ability to stay calm is probably what helped Zee rise from a down-in-the-dumps broadcaster into one of the largest, steadiest and most profitable media companies in India, reports Vanita Kohli-Khandekar.

Gold slumps to 6-month low of  29,000

Gold slumps to 6-month low of 29,000

Rediff.com1 Dec 2016

Gold extended its slump for the second day and shed another ₹ 350 to hit a six-month low of ₹ 29,000 per 10 grams in the bullion market.

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