Feb 22, 2018 10:30 PM IST
Jammu and Kashmir Bank today said it had "no direct exposure" to the companies of Nirav Modi and was not affected by the fraudulent Letters of Undertaking (LoUs) issued by the Punjab National Bank.
- Feb 22, 2018 10:00 PM IST
The officials said the property has been provisionally attached under the Income Tax law and the action was taken to "recover outstanding tax demands".
- Feb 20, 2018 08:57 PM IST
CBI has said that cases have been registered against all the three accused under 120 (B), 420 of IPC
- Feb 20, 2018 01:20 PM IST
The stock tanked 9.91 per cent to Rs 30.45 -- its lowest trading permissible limit -- on BSE.
- Feb 20, 2018 10:50 AM IST
The bank, however, added that it has a "small, two-digit exposure" to Gitanjali Gems not linked to any LoUs", without disclosing the exact amount.
- Feb 19, 2018 10:28 PM IST
The scam-hit state-owned bank had asked the four group companies to pay the "outstanding dues" amounting to Rs 1045.88 crore "within days".
- Feb 19, 2018 04:47 PM IST
The central probe agency also conducted searches at 34 other locations in various cities, including Mumbai, Pune, Aurangabad, Thane, Kolkata, Delhi, Lucknow, Bengaluru and Surat, in connection with its probe.
- Feb 19, 2018 04:19 PM IST
The company's Vice President (Compliance) and Company Secretary Pankhuri has resigned with effect from February 13, while Karkare has resigned from the post of CFO effective from February 15, Gitanjali said in a regulatory filing.
- Feb 19, 2018 02:29 PM IST
Former MD Srivastava has alleged the company would even pass off fake diamonds as natural ones.
- Feb 19, 2018 12:05 PM IST
The stock tumbled 9.99 per cent to Rs 33.80 -- its lower circuit limit -- on BSE. At NSE, shares of the company plunged 9.87 per cent to hit its lowest trading permissible limit of Rs 33.75. In four trading sessions, the stock has lost over 46 per cent, wiping out Rs 344 crore from its market valuation.
- Feb 16, 2018 08:23 PM IST
In March last year, a whole-time member of SEBI had passed an order calling for an investigation into the alleged manipulation of Gitanjali Gems shares
- Feb 16, 2018 12:15 PM IST
While PNB did not name the other lenders, besides Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB
- Feb 16, 2018 11:17 AM IST
The ED yesterday carried out multiple raids on showrooms, workshops, offices and residences of Modi and Choksi and seized diamonds, jewellery and gold worth Rs 5,100 crore.
- Feb 16, 2018 11:10 AM IST
On February 14, Punjab National Bank (PNB) disclosed that it has detected some fraudulent transactions with financial implication of about Rs 11,346 crore.
- Feb 15, 2018 01:29 PM IST
‘Stay away from PSU banks’, which is the word coming from experts on D-Street. The concern of most analysts is that nobody knows if it is the beginning or the end.
- Feb 15, 2018 10:46 AM IST
Punjab National Bank yesterday detected some fraudulent transactions with financial implication of USD 1.77 billion (about Rs 11,346 crore) and the matter has been referred to law enforcement agencies for the recovery.
- Jun 14, 2017 03:30 PM IST
Nakshatra World has received approval from capital markets regulator SEBI to launch initial public offering.
- Jun 12, 2017 10:49 AM IST
PC Jeweller and Titan Company gained as much as 3 percent while Gitanjali Gems and Tribhovandas Bhimji Zaveri climbed nearly 5 percent.
- Mar 23, 2017 11:23 AM IST
The Indian rupee appreciated more than 3 percent against US Dollar so far in the year to Rs 65.45/USD which was closer to a 17-month high of 65.36, a level which was last seen on October 30, 2015.
- Mar 14, 2017 10:40 AM IST
Nakshatra World filed its draft red herring prospectus to the Securities and Exchange Board of India and the stock exchanges. The company had announced its intention to raise Rs 650 crore.
- Mar 11, 2017 11:33 AM IST
Nakshatra World filed its DRHP with the Securities and Exchange Board of India (SEBI) and the exchanges on Wednesday. The company had announced intentions to raise Rs 650 crore in an exchange notification in December 2016.
- Mar 02, 2017 07:49 AM IST
Sameet Chavan of Angel Broking is of the view that one may buy Indiabulls Real Estate with a target of Rs 92.
- Feb 15, 2017 08:00 AM IST
Tata Motors | Sun Pharma | DLF | Cadila Health | Jindal Steel | SpiceJet | Adani Enterprises | MOIL | Cox & Kings | HDIL | Liberty Shoes | Voltas | National Fertilisers | Ashiana Housing | Power Mech | Intellect Design Arena are stocks, which are in the news today.
- Feb 15, 2017 07:46 AM IST
Net income fell to Rs 1,925.08 crore in October-December of 2016-17, from Rs 2,641.12 crore in the previous year, said the company in a BSE filing.
- Feb 08, 2017 08:23 AM IST
On February 7, 2017 UNO Metals Limited bought 6,40,000 shares of Gitanjali Gems at Rs 69.63.