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Titan Q2 net profit down 23.1% to Rs 704 cr, sales up 25.8%

The company posted a net profit of Rs 916 crore in the July-September quarter a year ago, according to a regulatory filing from Titan.New Delhi: Leading jewellery and watchmaker Titan on Tuesday reported a 23% decline in its consolidated...

Indriya’s point of difference is going to be designs and experience: CEO Sandeep Kohli

Sandeep Kohli, CEO of Aditya Birla Jewellery’s Indriya about the brand’s aspirations, strategies and what it is doing to disrupt India’s jewellery buying experienceIn July this year, Aditya Birla Group (ABG) Chairman Kumar Mangalam Birla announced the $100 billion...

Kalyan Jewellers Q2 revenue grew by 39% on robust same-store-sales growth

The company is planning to open 25 Kalyan showrooms in India, 18 Candere showrooms and the first showroom in the US by DiwaliMumbai: Jewellery retailer Kalyan Jewellers on Monday said its revenue from India operations witnessed an on-year growth...

India’s gems, jewellery sector vulnerable to money laundering, terrorist financing: FATF

The report recommended that India should include qualitative and quantitative data and typologies from domestic and international sources on the money laundering risks associated with precious metals and stones smuggled into and circulating in IndiaNew Delhi: The ease with...

India’s luxury pre-owned market set to grow at rapid pace: Tata CLiQ

Luxury pre-owned market in India is worth $618 million in 2023 and expected to grow at the rate of 10% to $1556 million by 2032, according to Almona Bhatia, chief business development officer, Tata CLiQ and Tata CLiQ LuxuryMumbai:...

Govt seeks proposals for setting up e-commerce export hubs

These hubs would be designated areas, which would act as a centre for favourable business infrastructure and facilities for cross-border e-commerce activitiesNew Delhi: The government has sought proposals from the industry to set up e-commerce export hubs (ECEH) in the...

India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems and jewellery exports witnessed an on-year decline of 13.44 per cent in June at Rs 15,939.77 crore ($1,909.57 million) amid...

PC Jewellers gets PNB approval for one-time settlement of dues

PC Jeweller had opted for OTS to settle the outstanding dues with a consortium of banksNew Delhi: PC Jeweller Ltd on Sunday said that Punjab National Bank has given its approval for one-time settlement of its outstanding dues.In a...

Fundraising in retail crossed over Rs 1,100 cr in Q4 FY23-24

A significant contribution to the fundraising in the last quarter also stems from the television reality show Shark Tank Season 3IndiaRetailing Insights: Fundraises in the retail sector in the fourth quarter (Q4) of the financial year (FY) 2023-2024 crossed...

Malabar Gold & Diamonds to open 100 new stores within 2025

The company recorded an annual retail global turnover of Rs 51,218 crore in the last financial year (FY24) Bengaluru:  Kozhikode-based Malabar Gold & Diamonds is set to open 100 new stores by 2025, the jewellery retailer said in a press...
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Digital Icon : Amarinder Dhaliwal

Amarinder Dhaliwal, Chief Product Officer at IndiaMART, is an entrepreneur and an avid adventurer. He finds joy in various...
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