x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   LG Kavinder vows to regulate airfares, accelerate tourism development in Ladakh | Dr Ritu Singh urges J&K people to help, rebuild Chashoti | Chairman JKICS, stands in solidarity with Kishtwar victims; urges swift relief, rehabilitation | Satish Sharma visits GMC Jammu | Sadhotra visits GMC Jammu, enquires about health status of Chasoti cloudburst | 3 drug peddlers arrested, 60 grams of heroin recovered | NFR celebrates 79th Independence Day | Atalji is an inspiration for today's generation and a beacon for the future: CM Yogi | Dy CM interacts with cloudburst victims at Chashoti | BDSA marks Independence Day with Patriotic Fervour | CBC Jammu marks Independence Day with patriotic fervour | Dr Darakhshan Andrabi unfurled Tiranga at Waqf office | Satish Sharma visits residences of Kishtwar cloudburst victims | AIIMS Jammu secures 7th Rank in Outlook Magazine's 2025 Govt Medical Universities Ranking - 2nd Highest After AIIMS Delhi | CGPWA, IIPA, Gandhinagar morning walkers celebrate I-Day | Ticket checking staff returns mobile phone to passenger | CCI, celebrated 79th I-Day with great fervour | 79th I-Day celebrations held at District Court Complex Rajouri | Flag hoisting are many held at GDC Nagrota | Police medals on the occasion of I-Day-2025 | GDC Bishnah celebrated the 79th I-Day | Independence Day reminder of sacrifice, freedom: Balbir | Rehan Basera Boria Gorkh Nagar celebrated 79th Independence Day | Jammu Police visited homes of martyrs, saluting their supreme sacrifice | Police foils narcotics smuggling bid, seizes heroin; illegal mining material confiscated | Indian Army brings hope to remote J&K village: young boy finds his voice after eight years of silence | CM Yogi announces Rs 30,000 crore master plan for Braj region on Janmashtami | DG ITBP visits Udhampur, flag hoisting celebrations held | DG ITBP visits Udhampur, flag hoisting celebrations held | LG Sinha reviews rescue operations, assures help | CM Omar reaches Chashoti village, announces relief | 8 family members of Banagarh village go missing | Rescue operations on; 60 dead, over 100 injured | J&K Cong Chief Karra ignores victims | Buried under debris, bound by silence: Amid fading hopes, Kishtwar awaits a miracle | Udhampur man rescued after 30 hours | RSS calls high-level emergency meet in Delhi over US tariffs | LG hoists National Flag at Raj Bhavan in Srinagar | Digital meltdown: 91 Govt websites down officially in J&K | LG Kavinder calls for preservation of Ladakh’s centuries-old art, craft | Medical Officer suspended for skipping duty, I-Day function | Back Issues  
 
news details
Can't pay salaries anymore, look for other jobs: Mehul Choksi writes to his employees
2/24/2018 11:18:47 AM
Agencies
Mehul Choksi, Gitanjali Gems promoter and one of the prime accused in Rs 11,400 crore Punjab National bank fraud, has written to his employees to look for other job options as he will no longer be able to pay them their salaries and other dues.

"It is very tough for me, as of now, to be clearing your dues or to pay the future salaries, in view of the seizing of the various bank accounts and other properties by the Government Agencies/ investigating Agencies. Thus, in view of firstly, no certainty about the payment of the salaries, secondly, no certainty about the payment of electricity and maintenance charges of the office to run the office, thirdly, the unfair investigation conducted by the investigating agencies, I do not want anyone to suffer due to their connection/ association with me, so I request you all to look for other career opportunities elsewhere," he said in a letter to the India staff on Friday.

Calling all allegations against him false, he asserted that he had "done nothing wrong, and ultimately, the truth shall prevail." He claimed that the agencies in India are 'hell bent' on stopping the operations of the company. "I am facing a lot of problems due to the manner in which the multiple investigating agencies/ government agencies have started to create a havoc, hell-bent upon stopping the operations," he wrote.

Choksi added that he will not be able to clear the dues of the employees on an immediate basis, he is "committed to clear your past dues, if any, once things return to normalcy." He also ended with a note that his letter is in the interest of the employees but is likely to be given "some different colour by various vested interests" and he only has the wellbeing of the employees.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU