In a related development, the Enforcement Directorate, which is also probing the Rs 12,600-crore Punjab National bank (PNB) fraud case, has decided to send Letters Rogatory (LRs) to over 15 countries against diamond jeweller Nirav Modi and Choksi.
The development in the alleged fraud came after CBI picked him up from the Mumbai airport for questioning.
Prasad alleged that the then Congress-led UPA government "destroyed" the economy by not letting the real stressed assets get reflected in banks' books.
New Delhi, July 25: As a probe continues into dealings in shares of Gitanjali Gems, a number of foreign (FIIs) and domestic institutional investors (DIIs), including LIC, have increased their exposure to the jewellery maker.However,
New Delhi, June 26: The country's largest jewellery retailer Gitanjali Gems on Tuesday said it will reduce sale of gold coins and bars items and rather focus on lower carat jewellery and value-added products.On Monday,
New Delhi, June 24: Shares of jewellery makers like Gitanjali Gems and Tribhovandas Bhimji Zaveri tumbled on Monday amid weakness in broader markets.Gitanjali Gems fell by 20 per cent to Rs 405.35, while TBZ shares
Mumbai, Aug 12: Gitanjali Gems today reported 55.2 per cent growth in net profit at Rs 123.7 crore for the first quarter ended June 30 over the same period last year. Net profit stood at
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