PC Jeweller withdraws â¹424-crore share buyback proposal 
PC Jeweller has withdrawn a proposal to buyback shares worth â¹424 crore after it failed to receive the requisite no-objection certificate from its bankers. PC Jeweller has lost nearly 80% of its market value in last six months after reports of its affiliation with financial services firm Vakrangee and a gift of shares by a promoter to his family members.