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Government rolls back 1 pc excise on cash purchase of gold jewellery

The Narendra Modi-led NDA Government on Tuesday rolled back its Budgetary decision to impose 1 per cent tax collection at source (TCS) on cash purchase of gold jewellery worth Rs 2 lakh. The threshold is now been raised to the earlier Rs...

Silver, the new gold

The gems and jewellery industry plays an important part in the Indian economy, constituting almost 5–6 per cent of the overall GDP. Today, the overall market stands at Rs. 4,50,000 crore of which the domestic market is estimated at...

Competition from Imitation Jewellery

Jewellery is in our DNA. We Indians have been using jewellery for adornment since centuries. The significance of jewellery in the country is evident from the fact that jewellery forms an essential part of the fabric of births, birthdays,...

Jewellery retailer Amrapali expands in Mumbai

Jaipur-based jewellery retailer Amrapali has launched a store at Trident Hotel in Mumbai. The new store, Amrapali Fine Jewels, will only showcase gold jewellery, whereas silver work will be on show and purchase at the other stores –Amrapali Silver...

Tanishq launches Glam Gold with WGC

Tanishq, in association with AngloGold Ashanti through World Gold Council, launched an exclusive range `Glam Gold 2010`, amidst glitz and glamour in Mumbai. The collection has modern silhouettes which have been decorated with traditional detailed gold work and enamelling...

Joyalukkas opens showroom in Bangalore

Jewellery retailer Joyalukkas has opened a showroom in Bangalore. Spread over an area of 40,000 sq.ft, the jewellery store at the posh MG Road is the retailer's 80th outlet in India.“Bangalore was on our wish list for years, but...

Designer Sabyasachi to open store in Mumbai

Renowned fashion designer Sabyasachi Mukherjee is all set to launch his flagship store in Mumbai. To be opened on July 1, the interiors of the 2,000 sq.ft store, located at Kalaghoda in Mumbai, are inspired by old-world glamour and...

Gitanjali Lifestyle launches its first retail store – MAYA

Jewellery and lifestyle brand, Gitanjali Lifestyle forays into exclusive retail by opening its first retail store MAYA at Karol Bagh in New Delhi. The store offers a unique experience of varied styles and houses brands and products for women, men...

Verigold Fine Jewellery, LJ Creations to amalgamate with Renaissance Jewellery

Mumbai-based gems and jewellery major Renaissance Jewellery has announcd that the company will hold a meeting of the board of directors on March 25, 2009. The proposed meeting has been scheduled to take on record the certified copy of...

Titan Industries posts sales growth by 34.2 pc in nine months

Titan Industries has ended the first nine months of 2008 - 09 with a sales turnover of Rs 2958.79 crore, compared to Rs. 2205.15 crore during the nine months of the previous year. The profit before taxes (PBT) for...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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