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Gitanjali Gems

Gitanjali Gems to enter private label apparel segment

Jewellery manufacturer and retailer Gitanjali Gems has announced its plans to enter the private label apparel segment. In the women's wear category, the firm will introduce ethnic wear and western wear, whereas in the menswear segment, it will launch...

Gitanjali Lifestyle ‘creates’ Maya in Mumbai

Gitanjali Lifestyle, the wholly-owned subsidiary of Gitanjali Gems, has brought its department store 'Maya' to Mumbai. Located at Star Mall in Dadar, the 8,000-sq.ft outlet – its first in Mumbai – is being positioned as a woman-centric store showcasing...

The expanding network of D’damas

Diamond jewellery brand D'damas, a joint venture between Gitanjali Gems and Dubai-based Damas Group, has grown to become a popular brand in the country with retail footprints in over 150 cities. In an interaction with IndiaRetailing, R K Menon,...

Textile & consumer goods shares rise

Shares of textile companies and consumer goods rallied around 6 percent on the Bombay Stock Exchange, after the government extended sops for exporters hit by fragile recovery in global markets. Shares of Gitanjali Gems climbed 6.12 per cent to...

Gitanjali acquires balance 50 per cent stake in Morellato

Gitanjali Gems Ltd has informed BSE that with a view to rationalise the business plan, the company has strategically acquired the balance 50 per cent stake in the Indian JV Company "Morellato India Pvt. Ltd."The Company continue to hold...

Retailers keep up sales growth

The September quarter results of retailers show a continued recovery in consumer spending. Sales of listed retailers increased by a good 12 per cent in the September 2009 quarter compared with the same period in 2008, a bigger gain...

Gitanjali Gems Ltd announces the Brand Valuation for Nakshatra, Gili, D’damas and Asmi

Gitanjali Gems Limited, one of India’s leading integrated diamond and jewellery retailing and manufacturing companies, announced that a Brand Valuation study carried out by well known UK based firm Brand Finance has valued four of its major Brands viz....

Gitanjali Lifestyle acquires 70 pc stake in MobileNXT

Gitanjali Lifestyle Ltd (GLL), a wholly owned subsidiary of Gitanjali Gems, would acquire 70 per cent stake in Bengaluru-based mobile retail chain MobileNXT Teleservices Pvt Ltd. GLL has entered into an investment cum shareholders agreement with MobileNXT for this...

Gitanjali Gems acquires Modali Gems

Gitanjali Gems has announced that the company has acquired 100 per cent shares of Modali Gems (MGPL), earlier a joint venture company. By way of this acquisition, MGPL has become a wholly owned subsidiary of the company, said Gitanjali...

Gitanjali Gems’ executive director resigns

Gitanjali Gems has announced that Adrianus Voorn has resigned from the position of executive director as well as director of the company. According to company’s latest filing to Bombay Stock Exchange, Voorn put on is papers due to personal...
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