Gitanjali
Retail
Retail stocks disappoint as Sensex plays volatile
A day after Diwali brought little cheers for investors. The 30-share benchmark index, Sensex, opened on a positive note on Wednesday, after posting a steep gain of 519 points during the traditional one-hour trading on Diwali yesterday.The sensitive index...
Retail
Sensex goes green but Retail stocks crumble
It was the start of the week and markets once again continued to be choppy. Positive cues from global markets coupled with RBI's announcement to cut repo rates by 100 bps to 8 per cent with immediate effect, provided...
Retail
‘Bezel’ from Gitanjali group to retail luxury watches
Gitanjali Lifestyle, the retail arm of Gitanjali Group, has launched its flagship multi brand high end timewear retail outlet in Mumbai.Branded as Bezel, the store offers foreign watch brands including Just Cavalli, Morellato, Nina Ricci, Cavalli and Miss Sixty.Speaking...
Retail
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...
Retail
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...
Retail
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...
Retail
Financial results for the quarter ended September 2007
Financial results for the quarter ended September 2007Apollo Tyres: Rs 51.10 crore net upApollo Tyres’s net profit surged 164 per cent to Rs 51.10 crore as compared to Rs 19.37 crore in the corresponding period last year.The company’s total...
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Shopping on credit almost doubled this Diwali for e-commerce consumers: Report
The preference for shopping on credit cards doubled to 7% compared to last year's festive periodNew Delhi: Credit has...
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