SEARCHED FOR:DIAMOND MERCHANT
Trade war worries diamond industry
The US, a major buyer of gems and jewellery from India and China, levies a 6 per cent duty on imports.
Sheena Bora married diamond merchant in US, Indrani told Vidhie Mukerjea
This may bolster CBI's case that after murdering Sheena in April 201...
UK court extends Nirav Modi remand to March 24 in PNB fraud case
A UK court on Thursday extended till March 24 the remand of fugitive diamond...
Order freezing ex-PNB chief's assets set aside
A top court bench led by Justice RF Nariman ruled that the order of the National Company Law Tribunal (NCLT) and the appellate tribunal’s decision to uphold it were beyond their jurisdiction. The February 12 order will likely have a wider ramification as the assets of several individuals, trusts and companies, besides those of Nirav Modi and his uncle Choksi, are under freeze even as the government seeks to recover the public money lost in the alleged scam.
Barclays Ex-CEO Bob Diamond calls for higher rates
The former chief executive officer of Barclays joined the chorus of financial leaders advocating for greater flexibility to address future crises.
PNB fraud case: Nirav Modi remanded until February 27
Modi had made a last-ditch bail application in November last year with an "unprecedented" house arrest guarantee, akin to those imposed on terrorist suspects, as well as citing mental health issues from being behind bars at Wandsworth since his arrest in March 2019.
GST has divided Surat: While textile languishes, diamond trade unaffected
The 0.25% GST levy on rough diamonds is basically meant for tracking the transit of diamonds rather than mopping up any additional revenue for the government.
'Nirav Modi shifted all dummy directors in Hong Kong to Cairo after scam was exposed'
The money was laundered through companies based in India — Solar Exports, Stellar Diamond, Diamond R US and Firestar Diamond International — and dummy companies based in Dubai and Hong Kong.
Diamond biz in India will continue to grow this year: De Beers
The CEO of the world's largest diamond producer is bullish about the industry's growth prospects in India, despite the hit to consumer sentiment in the wake of the PNB fraud.
UK court further remands Nirav Modi to appear on January 30
Nirav Modi appeared for his regular 28-day "call-over" appearance from London's Wandsworth prison at Westminster Magistrates' Court. His extradition trial is scheduled for May 11 and is expected to last over five days.
The history behind the 185-carat Jacob's diamond
For a long time, the Koh-inoor was considered a diamond without a worthy competitor, and then came the Jacob's diamond.
Surat diamond traders cut back on bonuses, go for austerity
In Surat, the city that boasts of the largest number of millionaires in Gujarat, this year's Diwali was different, marked with cautious austerity.
Nirav Modi’s Palanpuris eat, pray, live as one
Despite being a truly global community with sophisticated taste and exposure, Palanpuris stick to their own — socially and commercially.
Employees of Nirav Modi's firms in Surat SEZ stage stir demanding payment of salary
The firms were unable to pay them after their bank accounts were frozen by the ED and the CBI in connection with the alleged Rs 11,400-crore scam.
PNB scam: CBI court refuses to cancel warrant against Mehul Choksi
Special CBI judge V C Barde refused to give relief to Choksi after hearing arguments by his lawyers and the Central Bureau of Investigation's counsel A Limosine. Choksi had moved the court in June 2018 seeking cancellation of the warrant, issued by the court as he did not respond to summons and participate in the probe.
