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Why family matters so much in India's diamond trade

 There are around 6,500 diamond manufacturers of which Palanpuri Jains operate a mere 6 per cent, or around 400 companies. But they stand out for being highly interlinked through blood ties. ......

Congress targets PM over Nirav Modi; No one will be spared, says BJP

 Image: Billionaire jeweller Nirav Modi with actress Nimrat Kaur. Photograph: Jamie McCarthy/Getty Images  The Bharatiya Janata Party and the Congress on Thursday blamed each other for the Rs......

China desperate to dethrone India from top slot in diamond polish

 India's long-held position as the world's top diamond polisher is being challenged by soaring output from China, compelling the south Asian country to seek help from ally and top rough diamond......

From top jeweller to liquidation, how Gitanjali Gems lost its sheen

 Once a stock market darling, the jewellery chain heads for liquidation.Pavan Lall reports. IMAGE: Gitanjali Gems Chairman Mehul Choksi remains a fugitive. Photograph: PTI Photo How quickly the......

PNB fraud: ED attaches over Rs 14 cr assets of Choksi, Gitanjali Gems

 The Enforcement Directorate has attached assets worth over Rs 14 crore belonging to the Gitanjali Group and its promoter and jeweller Mehul Choksi, one of the prime accused in the alleged over Rs......

PNB fraud: ED files chargesheet against Mehul Choksi's wife, others

 The ED has filed a fresh chargesheet against absconding jeweller Mehul Choksi, his wife Priti and others under the anti-money laundering law in connection with the over Rs 13,000-crore PNB loan......

Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

 The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of......

How Choksi mentored his nephew Nirav Modi

 Building a global brand was Choksi’s idea, which Modi borrowed from him.  IMAGE: Jeweller Mehul Choksi with Bollywood actress Bipasha Basu. Photograph: Courtesy, Clea PR. Tainted......

1983 World Cup celebrations kick-off Sunday

 The Silver Jubilee celebrations of the historic 1983 World Cup win will kick-offon Sundaywith the re-union of the champion team members for a series of programmes, including a grand felicitation by......

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