GeM portal expects procurement of over Rs 1 lakh crore in FY22: CEOThe public sector units (PSUs) procured goods and services worth over Rs 3,372 crore on GeM so far this year. Similarly the Ministry of Def...
21 Feb, 2021, 12.21 PM IST
GeM using AI, blockchain tech to become more dynamic: KumarGeM CEO Talleen Kumar also said the number of startups registered with the portal has more than doubled to 7,900 in 2020 on account of step...
05 Jan, 2021, 02.21 PM IST
Banks still averse to lend to gems & jewellery players: SBIPunjab National Bank had detected fraudulent transactions at its Brady House branch in south Mumbai for several years from 2011.
11 May, 2018, 09.13 PM IST
Morgan Stanley sells 38 lakh shares of Gitanjali GemsShareholding of MS Mauritius and MS France came down to 2.06 per cent from 5.25 per cent.
11 May, 2018, 09.01 PM IST
Gitanjali Gems director records statement in cheating casecheating case filed against her here in 2016, police said.
06 May, 2018, 11.00 PM IST
Gitanjali Gems falls further, hits fresh 52-week lowThis is the 16th straight session of fall for the stock.
08 Mar, 2018, 10.35 AM IST
Gitanjali Gems falls 5%, hits fresh 52-week lowThis is the 15th straight session of fall for the stock.
07 Mar, 2018, 11.09 AM IST
PNB slumps 5% as Fitch puts bank on rating watch; Gitanjali Gems cracks for 6th dayShares of PNB fell 4.64 per cent to Rs 111 on BSE.
20 Feb, 2018, 04.27 PM IST
‘Small jewellers, who want Rs 50 cr loan, are now being seen as the next Nirav Modi’The national trade federation believes the likes of Nirav Modi have tarnished the industry’s image.
20 Feb, 2018, 12.22 PM IST
Gems & jewellery companies fear PNB fraud may cut creditThe gems and jewellery industry is fearing a squeeze on bank credit following the alleged fraud at Punjab National Bank (PNB) involving Nir...
19 Feb, 2018, 11.42 AM IST
PNB fails to learn lessons from audits of past fraudsAccording to PNB’s complaint to the CBI, the accused bank officials fraudulently issued letters of undertakings without making entries into...
19 Feb, 2018, 09.32 AM IST
ED conducts searches at Gitanjali Gems stores in city mallsA senior ED official told PTI that its officers conducted searches at five malls which house Gitanjali Gems stores, including in Salt Lake ...
18 Feb, 2018, 09.29 PM IST
Sebi may give fresh push to loan default disclosure by listed firmsEver since the fraud came to light last week, investors wealth has seen a massive erosion.
18 Feb, 2018, 01.06 PM IST
Jewellery sector foresees 'ripple effects' post PNB fraud caseNot only bankers, insurance companies, too, could possibly be cautious in extending their services to jewellery exporters after this fraud,...
16 Feb, 2018, 10.02 PM IST
Nirav Modi's case a one-off? Here's a look at banks with maximum exposure to jewellersThe RBI has asked PNB to pay the entire Rs 11,300 crore owed to counterparty banks.
16 Feb, 2018, 02.33 PM IST
L'affaire Nirav Modi: Mehul Choksi, Gitanjali Gems under Sebi scannerChoksi was not immediately available for comments and his phone was found to be switched off.
15 Feb, 2018, 09.05 PM IST
Government to hire tech company to run its online procurement marketplace GeMA request for proposal has been floated late last month, calling interested parties to apply for the contract.
03 Apr, 2017, 08.56 AM IST