Kenya Air staffer held with 23kg of gold at Mumbai 5-star

14-02-2018 17:0 PM

Kenya Airways confirmed on Tuesday that a member of its cabin crew was arrested over the weekend for allegedly carrying undeclared gold into Mumbai, India.
The national carrier said in a statement issued in Nairobi that it is aware of the incident and is in touch with the Indian authorities regarding the situation.
"The airline is committed to the integrity of its operation and does not condone any illegal activities by any of its staff members," it said.
Kenya Airways said it adheres to all regulations and laws of Kenya and the countries it operates in.
"In addition, all members of crew are trained on regulations and laws governing the countries where the airline operates in and are expected to adhere to them at all times," the airline said.
According to local media reports in India, the Kenya Airways employee was arrested with 23kg of smuggled gold bars worth more than 1 million U.S. dollars. The police found the cabin crew hiding the bars in his waist belt and knee caps.
It is reported that his accomplice was to collect the gold. The gold was handed to the airport's customs officials for investigations.
Courtesy- TOI

Gold perks up ahead of wedding season buys

19-11-2018 14:25 PM

Taking positive leads from the global marketNSE 0.00 % and wedding season buying by local jewellers and retailers, gold prices recovered by Rs 80 during the week in the bullion market.   Silver too staged a co...

MCX opens five delivery centres for gold

19-11-2018 14:20 PM

Multi Commodity Exchange has opened new delivery centres for gold in Chennai, Hyderabad, Kochi, Kolkata and Bengaluru. These delivery centres will be in addition to the existing facility in Mumbai and Delhi....

Gold worth Rs 3 cr seized in Bengal, 1 arrested

19-11-2018 14:15 PM

Over nine kg of smuggled gold worth Rs 3 crore was seized in West Bengal's Siliguri area and one person was arrested, an official said on Sunday. Officers of Directorate of Revenue Intelligence (DRI) from Sil...

India’s polished diamond exports up 19%, jewellery exports Up 9% in October

19-11-2018 14:10 PM

India’s polished diamond exports rose by 19.37% and gold jewellery exports (both studded and plain) were up by 8.72% during the month of October, according to provisional data released by The Gem & Jewellery E...

GJSCI, GJEPC and GJC hold skill development seminar in Kolkata

19-11-2018 14:5 PM

he Gem & Jewellery Skill Council of India in association with The Gem & Jewellery Export Promotion Council and the Gem & Jewellery Domestic Council organised an apprenticeship roadshow at the Park Hotel, Kolka...

The world’s most expensive pink diamond sold for $50.4 million

19-11-2018 14:0 PM

A fancy vivid pink diamond just shy of 19 carats—formerly known as the Pink Legacy diamond—was sold to US-based Harry Winston for 50.4 million Swiss francs ($50.2 million) last night (Nov. 13) in Geneva. Accor...