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gold jewellery

For Disguised Ponzi Plans, New Cos Act may Sound Death Knell

For Disguised Ponzi Plans, New Cos Act may Sound Death Knell
Companies may no longer be able to run money circulating schemes using real estate and travel agencies as surrogates. As per the Companies (Acceptance of Deposits) Rules, 2014, introduced by the ministry of corporate affairs, funds raised by any entity with an assurance to refund with or without interest at the end of the specified [...] Continue Reading »

Top jewellery exporter of India strengthens land bank

Top jewellery exporter of India strengthens land bank
Bangalore- Rajesh Exports, one of the country’s top three gold jewellery exporters, seems to have initiated discussion with real estate developers. The jewellery exporter, with revenue of Rs 25,000 crore in 2011-12, is understood to have finalised a plan to leverage on its vast land bank, worth around Rs 2,000 crore. The exporter is presumed [...] Continue Reading »



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