×
169
Fashion Jobs
PEP TECHNOLOGIES PRIVATE LIMITED
Area Sales Executive / Area Sales Manager (Only From Skin Care)
Permanent · Bengaluru
MIDAS HYGIENE INDUSTRIES PRIVATE LIMITED
Area Sales Manager
Permanent · Hyderabad
WHITEHAT JR
Sales Manager India
Permanent · Faridabad
VIJAYA ENGINEERING WORKS
Production Manager
Permanent · Hosur
REFLECTOSAFE
Area Sales Manager - Delhi
Permanent · National Capital Region
R AND R SALONS PRIVATE LIMITED
Requirement of Area Manager
Permanent · Bengaluru
REFLECTOSAFE
Area Sales Manager - Chennai
Permanent · Chennai
AQUAGENICS RESEARCH & DEVELOPMENT INDIA PVT. LTD.
Area Sales Manager
Permanent · Pune
MUTHOOT FINCORP
Area Manager
Permanent · Tiruchirappalli
INFINIX
National Sales Manager
Permanent · MUMBAI
1MG
Sales Manager - Diagnostics
Permanent · National Capital Region
DODLA DAIRY LIMITED
Area Sales Manager -Salem
Permanent · Salem
HALONIX TECHNOLOGIES PVT LTD
Area Sales Manager - Fans & Lighting / Retail Sales
Permanent · Ludhiana
BASIC ENTERPRISES PVT LTD
Area Sales Manager
Permanent · Mumbai
CROSS COUNTRY INFOTECH
Production Manager
Permanent · Jodhpur
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
RELIABLE CLOTHING PVT. LTD
Production Manager - Garment Manufacturing Export House
Permanent · Mumbai
HUMAN TOUCH
Sales Manager - Mumbai
Permanent · Mumbai
KAZO FASHION PRIVATE LIMITED
Garment Technician
Permanent · Noida
UMANO HEALTHCARE PRIVATE LIMITED
Regional Sales Manager / Area Sales Manager- (Pharma Sales) mp
Permanent · Bhopal
OLIVE GREEN CONSULTING LLP
Urgently Looking For Production Manager - Gurgaon
Permanent · Gurugram
MONEYWISE FINANCIAL SERVICES
Area Sales Manager || Nbfc (Lap / bl) - Delhi
Permanent · National Capital Region
Published
Feb 22, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Pantaloons stores raided in connection with PNB bank scam

Published
Feb 22, 2018

Aditya Birla Fashion and Retail Ltd (ABFRL) fashion firm Pantaloons is facing the brunt of its tie up with jeweller Gitanjali Gems, as the Enforcement Directorate (ED) have landed at its outlets in connection with the billion dollar scam in Punjab National Bank.
 

Gitanjali Group


The ED recently raided Pantaloons fashion outlets in the state of Bihar and further expected to raid some more to recover Gitanjali stocks and documents in connection with the case.
 
Leading fashion brands and celebrities have already started distancing them from the tainted jewellery firm Gitanjali and Nirav Modi. However, for brands like Pantaloons it is becoming difficult to break ties as it already has sub outlets at its stores.

Gitanjali also has tie ups with Reliance Retail and several other jewellers across the country. ED has requested all partners of Gitanjali Gems to voluntarily surrender all stocks from the firm so that they can carry out the investigation in swift and smooth manner.
 
Commenting on the raids, Patna-based ED officials said Pantaloons has a tie-up with Nirav’s Gitanjali Gems. “Though we could not find Gitanjali’s jewellery stocks at any of the Pantaloons showrooms in Fraser Road and Rajapur Pul areas, we seized certain documents related to the Gitanjali group,” an ED official told TOI.
 
“Fifty-odd major jewellers in Bihar had a tie-up with Gitanjali. We make an appeal to them to voluntarily surrender Gitanjali’s stocks at the earliest,” the ED official added.
 
Recently, the state-run Metals and Minerals Trading Corporation of India (MMTC) had announced that it has terminated its retail venture with Gitanjali Gems and many retailers are expected to do the same in the coming weeks.

Copyright © 2022 FashionNetwork.com All rights reserved.