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Pink diamond sells for record-breaking $50 million at Christie's

Wednesday, November 14, 2018, 5:13 PM

The 18.96-carat 'Pink Legacy' diamond was sold for $50 million (over Rs.361 crore) in Geneva, Switzerland on Tuesday, setting a new per-carat record for a stone of its kind, auction house Christie's said. Mined in South Africa, the diamond was likely cut in the 1920s. The diamond was sold to US luxury brand Harry Winston, owned by Swiss Swatch group.
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Mumbai Police bust gang of fake I-T officers

Monday, September 10, 2018, 5:27 PM

In a major development, the Mumbai police have arrested five members of a gang who posed as income tax officers and targeted wealthy homes with unaccounted cash and jewellery. They had earlier conducted fake raids at a Santacruz businessman's apartment, and at a residence in Kashimira. Notably, police say that the gang was inspired by the Bollywood movie 'Special 26'.
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Cash, Jewels Stolen from Congress Leader P Chidambaram's House

Sunday, July 8, 2018, 1:38 PM

Jewellery worth Rs 1 lakh and Rs 1.5 lakh in cash were stolen from former Finance Minister P Chidambaram's house in Chennai, police said on Sunday. The theft reportedly took place a few days ago, but was reported after Chidambaram's wife returned home from Ooty after a month. The police suspect the involvement of two maids as the house has police security.

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