TCS, Intellect in race to develop advanced version of public procurement portal GeMThe government had set a pre-condition for the bidders to have a special certificate to qualify for the GeM portal tender.
16 May, 2023, 05.02 PM IST
3 fresh FIRs filed against Mehul Choksi in over Rs 6,700-Cr fraud case: CBIIn Modi's case, in a judgment order pronounced at the Royal Courts of Justice in London, Lord Justice Jeremy Stuart-Smith and Justice Rober...
17 Dec, 2022, 10.32 AM IST
Maharashtra: Gems, jewellery manufacturing activities exempted from emergency measuresIn a virtual meeting with the gems and jewellery manufacturers and exporters on Friday, Maharashtra Chief Minister Uddhav Thackeray said ma...
10 Apr, 2021, 05.21 PM IST
GeM to offer hiring and leasing servicesThe leasing and hiring services will allow government departments to avail services such as car and furniture rentals.
19 Sep, 2018, 11.32 AM IST
PepsiCo to develop infrastructure to collect, recycle plastic in MaharashtraIn a meeting with Maharashtra CM, PepsiCo India's Ahmed ElSheikh said the company is committed to the government's vision and focus on addr...
11 Jul, 2018, 07.22 PM IST
Banks' NPAs to rise by Rs 8,000 crore in Q4 on account of Gitanjali GemsGitanjali is the major account which has turned bad in the fourth quarter of 2017-18.
15 Apr, 2018, 03.06 PM IST
BDO to conduct forensic audit of Gitanjali GemsThe consortium has asked BDO to investigate a timeframe of seven years — 2010 to 2017 — to determine the modus operandi of the alleged frau...
28 Mar, 2018, 08.46 AM IST
Perception about entrepreneurship on rise in India: GEM ReportA comparison of India with its peers in BRICS economies suggests that perceived opportunity is the highest and perceived capability is the ...
20 Mar, 2018, 03.44 PM IST
Jammu & Kashmir Bank had 'no direct exposure' to Nirav Modi group companiesBank says it was not affected by the fraudulent LoUs issued by PNB; Additional exposure was avoided following a consolidation drive, some 1...
22 Feb, 2018, 08.28 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
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
ICICI Bank-led consortium appoints auditor for probe in to money laundering by Mehul Choksi companiesThe auditor has been asked to carry out a probe into transactions between Gitanjali Gems and its group companies and overseas suppliers of ...
19 Feb, 2018, 08.19 AM IST
Govt's e-marketplace looks to clock deals worth Rs 2 lakh crore in the next 5 yearsSince April 2017 till date, it has already touched Rs 4,080 crore on GeM platform, out of which in the month of January alone the transacti...
05 Feb, 2018, 07.25 AM IST
Ecommerce platform Infibeam expects boost in revenue with Govt contractInfibeam expects annual revenue of Rs 500 crore in the form of commissions on sales worth Rs 7-8 lakh crore through GeM, according to a rep...
04 Jan, 2018, 12.34 PM IST
'Entrepreneurship a less desirable career choice in India'According to Global Entrepreneurship Monitor (GEM), a global consortium researching on entrepreneurship, only 39.3 per cent in India think ...
23 Aug, 2017, 04.30 PM IST
Flipkart, Amazon compete to win Government e-Marketplace for crown gloryThe e-Marketplace will manage procurement for ministries & departments for items such as laptops, ACs, furniture and daily use items like s...
24 May, 2017, 07.30 AM IST
- Diamond company defaults on Rs 800 cr loan
A Surat-based diamond company has now been charged with failing to clear dues of over Rs 800 crore.
28 Oct, 2010, 09.10 AM IST