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Gitanjali Gems

Nirav Modi is in London, confirm UK authorities; CBI requests for extradition

The fugitive diamantaire is being wanted in India as a prime accused in the USD 2 billion loan fraud scam at Punjab National Bank.

Aug 20, 2018, 12:25 PM IST

Nirav Modi, Mehul Choksi's firms withdraw pleas

Last week, a United States court issued summons to diamantaire Nirav Modi and his aides at the heart of the multi-billion Punjab National Bank scam.

Jul 31, 2018, 16:37 PM IST

PNB scam accused Mehul Choksi says not returning to India due to fear of mob lynching

Choksi has claimed that he faces a threat to his life not only from his former employees and debtors but also from jail staff and inmates.

Jul 24, 2018, 09:41 AM IST

More properties of Nirav Modi, Mehul Choksi attached; Blue Corner notice issued

A Blue Corner notice has been issued against absconding billionaire jeweller Nirav Modi and Gitanjali Gems owner Mehul Choksi separately by the Bureau of Immigration. The notice, issued on February 22, 2018, will remain valid at all ports of embarkation, said Income Tax sources.

Feb 28, 2018, 20:41 PM IST

PNB fraud: After luxury cars and imported watches, ED attaches 21 properties of Nirav Modi worth Rs 523 crore

The ED has now attached 21 properties linked to the Nirav Modi Group in connection with its probe into the PNB scam.

Feb 24, 2018, 13:36 PM IST

PNB fraud accused Mehul Choksi letter to employees: Full text

Mehul Choksi said he is facing a lot of problems due to the manner in which the multiple investigating agencies and government agencies are creating a "havoc, hell bent upon stopping the operations".

Feb 24, 2018, 11:50 AM IST

Can't pay salaries anymore, look for other jobs: Mehul Choksi writes to his employees

Mehul Choksi claimed that the agencies in India are 'hell bent' on stopping the operations of the company. 

Feb 24, 2018, 10:51 AM IST

PNB fraud: CBI seals luxury farmhouse of jeweller Nirav Modi in Mumbai's Alibaug

The CBI on Wednesday sealed a luxury property of billionaire Nirav Modi in Alibaug area near Mumbai.

Feb 21, 2018, 21:56 PM IST

Look for new jobs: Billionaire jewellers Nirav Modi and Mehul Choksi to their employees

Nirav Modi and Mehul Choksi are being investigated by multiple probe agencies after it recently came to light that they allegedly cheated Punjab National Bank to the tune of Rs 11,400 crore.

Feb 21, 2018, 18:17 PM IST

7 engineering students had filed FIR against Mehul Choksi last year

A group of seven engineering graduates from Rajasthan Institute of Engineering and Technology in Jaipur were allegedly cheated by Choksi.

Feb 19, 2018, 10:53 AM IST

Sebi launches probe into trading, disclosure issues at PNB, Gitanjali Gems

The Sebi and stock exchanges have begun analysing the stock market trade details of all entities associated with Nirav Modi including Mehul Choksi.

Feb 16, 2018, 16:35 PM IST

Three Indian brands among world's top 50 luxury goods companies

In the list of top 50 luxury goods companies globally, three indian firms have found their names. The list topped by Louis Vuitton include firms Gitanjali Gems, Titan and PC Jeweller.

May 21, 2017, 16:51 PM IST

Jewellery stocks glitter as gold slides to 2-year low

Jewellery stocks were in limelight Monday, surging as much as 14 percent, as gold prices plummeted to over two-year low of Rs 25,700 per 10 grams.

Jul 20, 2015, 23:11 PM IST

Gitanjali Gems shares soar over 9% on biz restructuring

Shares of Gitanjali Gems Wednesday surged over 9 percent after the company announced major restructuring of its business to create better synergy within group companies, bring down costs and improve cash flows for "unlocking value in future".

Apr 22, 2015, 19:51 PM IST

Jewellery stocks shine, gain up to 20% on RBI move

Jewellery stocks on Monday jumped up to 20 percent after the Reserve Bank eased restrictions on gold import.

Dec 01, 2014, 18:38 PM IST

Jewellery firms surge after RBI eases gold import norms

Shares in Titan Co Ltd surged on Thursday after the Reserve Bank of India (RBI) eased gold import rules by allowing seven more private agencies to ship the precious metal. The stock was trading up 20 percent as of 10:39 a.m.

May 22, 2014, 11:35 AM IST

FinMin seeks details of LIC's investment in Gitanjali Gems

The Finance Ministry has sought details from Life Insurance Corporation (LIC) pertaining to its investment in Gitanjali Gems.

Aug 05, 2013, 20:51 PM IST

Gitanjali Gems Q3 Net up 35% at Rs 175 crore

Gitanjali Gems on Wednesday reported 35.48 percent increase in its consolidated net profit at Rs 175.03 crore for the third quarter ended December 31, 2012.

Feb 13, 2013, 19:15 PM IST

Gitanjali Gems Q1 net up 21% at Rs 148.98 crore

The company's net sales also grew by 31 percent at Rs 3,384.73 crore in the reporting quarter compared to Rs 2,576.25 crore in the year-ago period.

Aug 11, 2012, 20:07 PM IST

High prices to take some shine off jewellery demand: Gitanjali

Leading gold retailer Gitanjali Gems on Thursday said it expects a fall of up to 15 percent in jewellery demand during the upcoming festive season due to the prevailing high prices.

Sep 08, 2011, 21:59 PM IST