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PNB scam: Gitanjali Gems falls further, hits fresh 52-week low
Updated On: 08 March, 2018 02:30 PM IST | New Delhi | ANI
Shares of Gitanjali Gems today declined by another 5 per cent in morning trade after the CBI registered a fresh FIR against diamond merchant Nirav Modi in the PNB fraud case
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Nirav Modi
Shares of Gitanjali Gems today declined by another 5 per cent in morning trade after the CBI registered a fresh FIR against diamond merchant Nirav Modi in the PNB fraud case. Modi and his uncle Mehul Choksi, promoter of Gitanjali Group, are accused in the fraudulent issuance of Letters of Undertaking (LoUs) and Letters of Credit (LCs) worth USD 2 billion (approximately Rs 12,636 crore) by the Punjab National Bank.
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