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Gitanjali Gems

Gitanjali Gems buys 60 per cent of Renaissance Retail

Gitanjali Gems has acquired the retail business of Mumbai-based jewellery company Renaissance Jewellery, by buying a major stake of 60 per cent. Confirming the news to Indiaretailing, a company spokesperson from Renaissance Jewellery said, “We have sold our major shares...

Gitanjali Gems acquires Nakshatra Diamonds

Gitanjali Gems Ltd, one of the biggest retailers of branded diamond and gold jewellery, has completed acquisition of Nakshatra Diamonds – a brand previously owned by DTC. Gitanjali aims to position Nakshatra as a known lifestyle brand worldwide by introducing...

Gitanjali Group inks pact with Mariella Burani

After Reliance Brands’ alliance with Italy’s Sixty Group, Gitanjali Group, which is fast moving towards its goal of becoming a leading player in the luxury retail business, has signed a memorandum of understanding (MOU) with Italy’s Mariella Burani Fashion...

Gitanjali acquires Rogers — To announce JV with Morellato & Sector

In line with its policy of strategic acquisitions and further expansion in retail operations, jewellery major Gitanjali Gems has acquired US-based speciality retailer Rogers Ltd for Rs 80 crore ($20 million). Gitanjali has bought 100 per cent stake in...

ICICI and Gitanjali launch India’s first jewellery card

Gitanjali Group, one of the largest diamond and jewellery manufacturers and retailers in India, and ICICI Bank, announced the launch of the first-of-its-kind jewellery card. The card facilitates purchase and lifestyle benefits across 200,000 merchants in India and more...

AP gets approval to set up 4 SEZs

The Board of Approval (BoA) of Special Economic Zones (SEZs) gave formal approval to the proposals of Tata Consultancy Services, Cognizant Technology Solutions, and Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to set up IT/ITES SEZs in Andhra Pradesh. The...
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The Luxottica report card for 2022

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