Gitanjali Gems
Retail
Top 50 Luxury Brands in the World: LV tops lot, 3 Indian brands also in list
Three Indian companies — Gitanjali Gems, Titan and PC Jeweller — have been named in the list of top 50 luxury goods firms globally that was topped by Louis Vuitton.
Gitanjali Gems Ltd was placed in the 30th rank, followed...
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Gitanjali Gems’ Nakshatra files draft papers for IPO
Gitanjali Gems’ arm Nakshatra World Ltd has filed draft papers with capital markets regulator Sebi to float an initial public offering.
According to a PTI report: The IPO comprises 1.8 crore equity shares of Nakshatra World, which offers jewellery under...
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Gitanjali Gems suffers 73 pc fall in standalone net profit in Q3
Gitanjali Gems has suffered a 73 per cent fall in its standalone net profit at Rs 5 crore during the third quarter to December on lower sales and high interest cost.
According to a PTI report: It had clocked a...
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Odisha govt approves Gitanjali Gems' industrial park
IANS -
The Odisha government has accorded an in-principle approval to Gitanjali Gems Ltd. for setting up a gems and jewellery industrial park at Ramdaspur in Cuttack district.
The total investment envisaged in this private industrial park spread over 100 acres is...
Retail
Jewellery sales to witness 25 pc growth during Dhanteras: Experts
Gems and jewellery retailers are expecting around 25 per cent growth in sales during Dhanteras, considered auspicious to buy precious metal, compared to last year due to good monsoon and pent up consumer demand, experts say.
"Market sentiment is looking...
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PC Jeweller to raise up to Rs 257 cr from Fidelity for expansion
P C Jeweller recently announced that the company will raise up to Rs 257 crore through issue of preferential shares to US-based investment firm Fidelity for business expansion.
In May, the firm had raised Rs 427 crore from DVI Fund...
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Gitanjali Gems Q4 net loss narrows to Rs 20.64 cr
Gitanjali Gems has reported narrowing of its consolidated net loss to Rs 20.64 crore in the fourth quarter of 2015-16 fiscal on higher sales.
According to a PTI report: The company's net loss stood at Rs 29.01 crore in the...
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Titan, Gitanjali Gems, PC Jewellers in world top 100 luxury goods list
Global Powers of Luxury Goods
Three Indian brands - Titan, Gitanjali Gem and PC Jewellers - have been featured for the first time in top 100 luxury goods brands globally as per a study by Deloitte.
The third annual Global Powers...
Fashion & Lifestyle
Gitanjali Group restructures subsidiaries to improve operations, cash flows
In order to create better alliances within existing group companies, create synergy of operations and bring down costs and improve cash flows, Gitanjali Gems has reportedly announced the merger of its arm Gitanjali Exports Corporation Limited (GECL), a wholly...
Retail
Gitanjali Gems net profit up by 77.4 per cent at Rs.354.8 crore
Gitanjali Gems Ltd, the leading branded jewellery company in India has reported a 77.4 per cent increase in net profit at Rs. 354.8 crore for the year ended 31st March, 2011, as compared to Rs. 200 crore posted in...
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Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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