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Nakshatra

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 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...

Gitanjali Gems forms JV with MMTC

With reference to the earlier announcement related to signing of memorandum of understanding with MMTC Ltd (MMTC), one of country’s leading international trading company, Gitanjali Gems Ltd has announced that it has executed a tripartite share purchase agreement with...

Gitanjali unveils Nakshatra Universe store in Mumbai

Mumbai-based Gitanjali Gems, known for its branded jewellery, has inaugurated its diamond retailing store Nakshatra Universe in Mumbai. The newly launched store is spread over a retail space of 400 square feet.Speaking on the occasion, Mehul Choksi, chairman and...

Gitanjali Gems board approves buy back

Further to its proposal to buy back of shares last week, Gitanjali Gems has decided to buy back upto a maximum of 1,20,00,000 equity shares of the company of Rs 10 each upto a maximum price of Rs 120...

Gitanjali Gems Board to consider buy back of equity shares

Gitanjali Gems, country’s pioneer in branded jewellery, in its meeting of the board of directors of the company to be held on December 19, will consider the proposal of buy back of equity shares, the company has said in...

Healthy Q2 results for Gitanjali Gems

Gitanjali Gems, country’s pioneer in branded jewellery, has announced its financial results for the quarter ended September 30, 2008. The Mumbai-based company has logged a net profit of Rs 3519.92 lakh, an increase of Rs 834.52 lakh from its...

Gitanjali expanding — new brands on the cards

The Rs 3,500 crore Gitanjali Group plans to position Nakshatra as a jewellery and lifestyle brand worldwide, and expect sales worth Rs 1,000 crore by next five years. The company will also launch diamond-studded shoes, handbags and accessories under...

Arisia Solitaire to go global

Shrenuj and Company plans to retail Arisia Solitaire, a high-end diamond brand, on global turf. The company, this week, had acquired the brand form Diamond Trading Corporation (DTC).Confirming the developments to Indiaretailing, Pranav Bhargava, general manager, marketing and media...

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...
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Malabar Group’s Playaza to launch Rs 20 crore FEC in Kochi

The 23,000 sq. ft. outlet will be located at Centre Square Mall, MG Road, Kochi Bengaluru: Retail conglomerate Malabar Group’s...
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