SEARCHED FOR:DIAMOND MERCHANT
'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.
UK court rejects Nirav Modi's bail plea for fifth time
The 49-year-old, who has been lodged at Wandsworth Prison in south-west London since h...
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...
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.
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.
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.
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.
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.
Diamond merchants face income tax raid after hosting Narendra Modi
BJP leader Raj Purohit alleged that these raids were politically motivated, saying big diamond merchants who hosted Modi’s function were raided.
Diamond merchants who hosted Narendra Modi in Mumbai, raided by IT says BJP
Raj Purohit, former president of BJP's Mumbai unit, told reporters that eight to ten prominent diamond merchants were raided by I-T dept.
Panel to discuss formation of local council for gem & jewellery
India imported a net 236.9 tonnes of bullion in Q3 of 2018
RBI allows diamond merchants to take credit from overseas suppliers
The credit facility will be available for a period not exceeding 180 days from the date of shipment without any letter of credit and collateral.
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.