
U.S. jewelry chain Samuels Jewelers has hired a turnaround adviser at the request of its creditors in a bid to avoid the fate of brick-and-mortar retailers that filed for bankruptcy amid intensifying competition.
12 published items with the word (s) or phrase Mehul Choksi in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
U.S. jewelry chain Samuels Jewelers has hired a turnaround adviser at the request of its creditors in a bid to avoid the fate of brick-and-mortar retailers that filed for bankruptcy amid intensifying competition.
Indian investigators filed the first charges Monday in a huge fraud case involving billionaire jeweller Nirav Modi and the state-run Punjab National Bank, officials and reports said.
Potential buyers have expressed strong early interest in a bankrupt U.S. firm of jeweller Nirav Modi, who has been accused of involvement in a $2-billion bank fraud in India, court filings show.
Firestar Diamond Inc, the flagship company of billionaire Nirav Modi who is at the centre of India’s biggest-ever bank scam, has filed for bankruptcy in the United States.
Gold jewellery demand in India, the world's biggest market, will likely remain strong in 2011 despite surging prices, the head of Gitanjali Gems, the country's biggest jewellery retailer, said.
India gold futures were steady on Wednesday afternoon in step with overseas markets, and traders eyed a steady rupee for direction, with demand staying weak in the physical demand in the middle of the wedding season, ...
Cash-rich investors from emerging markets could follow U.S. billionaire Warren Buffett in buying top quality but crisis-hit Italian jewellers, attracted by good bargains and the export appeal of "Made in Italy" brands.
Indian jewellery firm Gitanjali Gems Ltd is in "advanced talks" with two private equity players to raise up to $100 million, and hopes to close a deal by February, a top official said on Wednesday.
Indian jeweller Gitanjali Gems Ltd plans to spend up to 25 million euros ($32.7 million) to buy five Italian brands to boost sales in Europe and the Middle East.
Jewellery major Gitanjali Gems has announced the brand valuation of four of its leading brands at Rs 1,502 crore. The brands include Gili, Asmi, Nakshatra and D’Damas.