CBI Probes Diamonds Racket
India seeks help from Hong Kong in $20m diamond probe
Kalyan Jewellers files police complaint against online job scam
Kalyan Jewellers has clarified that it does not charge any processing fees or levy application charges from candidates
G&J industry reacts sharply to proposed hike in GST to 5%
Industry players feel the move is ill-advised and ill-timed, as they are already grappling with challenges caused by the pandemic and HUID issues. If the proposal goes through, it will add a huge burden to the industry, finds out Suneeta Kaul
World Gold Council Launches Retail Gold Investment Principles
The World Gold Council launched its new Retail Gold Investment Principles (RGIPs) which provide high-level best practice principles for providers of all kinds of retail gold investment products
Goodwin Jewellers owner Suneel Kumar and chairman Sudheer Kumar surrender in court
The duo had become helpless after their accounts were frozen and properties were sealed, they had no other option left other than surrendering themselves
EOW arrests Mumbai jeweller brothers in 300 cr scam
As per police, many people invested large amounts of money in the Ponzi schemes run by the brothers, Rasiklal Shah, 55 and Nilesh Rasiklal Shah, 53
Goodwin jewellery owners flee after shutting shop leaving customers stranded
The firm's owners and whole-time directors, A M Sunilkumar and A M Sudheshkumar, both brothers hailing from Kerala, were untraceable, police officials said on Monday
ECG insurance benefit likely to make a comeback for gems and jewellery sector
Bank finance, currently applicable for pre- and post-shipment of goods, will be covered by the Export Credit Guarantee Corporation (ECGC)
Gems and Jewellery exports slip by 16.3% in June
Exports of gems & jewellery dipped 16.26 percent to USD 2.82 billion in June from USD 3.37 billion in June 2018, according to the data from the Gem & Jewellery Export Promotion Council
IMA Jewels Scam: Mansoor Khan to return to India
“It was a mistake to leave India. But the situation was such. The kind of pressure by anti-social elements and politicians forced me to leave India” Khan reveals in another video
Banks curb exposure to gems and jewellery industry
Banking exposure dropped ₹4,400 crore to ₹65,700 crore over the year according to latest data issued by the Reserve Bank of India
IMA Jewels owner Mansoor Khan to be brought back from UAE: SIT
Runaway owner is believed to be hiding in Ras Al Khaimah and will be brought back soon according to SIT chief Ravikanthe Gowda
SIT raids IMA Jewels office; finds no trace of gold or diamond jewellery
Sources revealed that the jewellery store’s shelves were empty and the silver which has been seized needs to be valued to determine its cost
Jewellery worth Rs 33 crore seized by SIT in IMA Jewels scam
43 kg of gold ornaments worth Rs 13 crore, 5884 carats diamonds worth Rs 17.6 crore, salt diamonds valued at Rs 1.5 crore and 520 kgs of silver jewellery worth 1.5 crore were confiscated by the officials
ED files money laundering case in IMA Jewels scam
The agency's zonal office in Bangalore has filed an Enforcement Case Information Report (ECIR), similar to an FIR, and has pressed criminal charges under the Prevention of Money Laundering Act (PMLA), the officials said
