(The Economic Times) - In the summer of 2013, Winsome Group, an almost forgotten name now, had rattled the Indian bullion and diamond markets after it defaulted with 14 banks. Low-profile and less flashy than Vijay Mallya, two Winsome Group companies left a hole of Rs 6,800 crore in the books of local lenders — making the diamond house the country's second-largest willful defaulter after Kingfisher Airlines. Now with the Central Bureau of Investigation snapping at banks' heels, desperate lenders are threatening to name and shame some of the former and present independent directors of Winsome Diamonds & Jewellery and another group company, Forever, to salvage their money.
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Today
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Yesterday
Lundin achieves record quarterly gold output at its flagship Ecuador mine
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Yesterday
