Sun, Sep 09, 2018
The firms also include Kwality Ltd, Unitech, Amtek Auto, Electrosteel Steels, Moser-Baer (I) Ltd, SRS, JVL Agro Industries, Bharati Defence and Infrastructure and Shilpi Cable Technologies.
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Sun, Aug 05, 2018
Markets regulator Sebi never gave any clean chit report on fugitive businessman Mehul Choksi to Antigua's citizenship-for-investment authority, a senior official said today.
Tue, May 29, 2018
Gitanjali Gems had hit its lifetime low of Rs 2.89 on May 3, following which the stock has been hitting the upper circuit repeatedly, rising 124 per cent in the past seventeen days to Rs 6.81 as of today.
Mon, Feb 19, 2018
While the Income-Tax (IT) raids on various stores of Gitanjali Gems go on, the company's Chief Financial Officer and Chief Compliance officer have resigned from their respective posts. CFO Chandrakant Karkare resigned citing wife’s health issues, according to a statement on exchanges.
Shares of Gitanjali Gems extended losses for the fourth straight session on Monday, hitting its lower circuit of 10 per cent as the jewellery company is allegedly involved in Rs 10,500-crore financial fraud that defamed the Punjab National Bank last week.
Sun, Feb 18, 2018
Sebi has already launched a probe into trading and disclosure related issues in the matter of Punjab National Bank (PNB) and Gitanjali Gems in connection with the biggest fraud in the Indian banking industry so far.
Sat, Feb 17, 2018
The name of Mehul Choksi, the owner of the store, features in the multi-crore rupees fraud
Fri, Feb 16, 2018
The impact of this scam has already been felt in stock price of other jewelry firms.
Mehul Choksi is one of the four names that has come under the radar of various investigating agencies following a case that has been filed by Enforcement Directorate against the four for conducting fraudulent transactions from the Punjab National Bank.
On the basis of complaint from Punjab National Bank (PNB), the central bureau of investigation (CBI) has filed a fresh FIR against Gitanjali Gems and its promoter Mehul Choksi.
Thu, Feb 15, 2018
Jewellery stocks such as PC Jeweller and Gitanjali Gems sank up to 24 per cent after the PNB fraud issue accentuated and cast its shadow on a couple of banks and jewellery firms too.
Sun, May 21, 2017
Three Indian brands namely Gitanjali Gems, Titan and PC Jeweller have been named in the list of top 50 luxury goods firms globally that was topped by Louis Vuitton.
Tue, Jan 24, 2017
India`s drive to bring transparency to bullion trading, along with the rise of branded gold jewellery, could help major retailers raise their share of the world`s second-biggest gold market to 40% by 2020, the World Gold Council (WGC) said.
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