Despite slump, jewellers expect gold to drive up festive sales

KOLKATA: In spite of economic slowdown, jewellers are expecting gold offtake to go up this Diwali with lightweight and diamond jewellery being the flavour of the season. Tanishq, for instance, is extremely upbeat about this year’s Dhanteras and Diwali sales. Mr Sandeep Kulhalli, senior vice president, (Retail and Marketing), jewellery division, Titan Company Limited said, “at Tanishq, there has been a substantial growth all year … Read moreDespite slump, jewellers expect gold to drive up festive sales

After Goodwin default, IBJA calls for ban on jewellers’ deposit schemes

Less than two years after the Punjab National Bank (PNB)-Nirav Modi/Mehul Choksi scam rocked the entire jewellery industry, Kerala-based Goodwin Group’s default in redemption of jewellery schemes ahead of Diwali has again jolted investors and the jewellery industry. Having started as a small jewellery manufacturing unit in Thrissur in 1992, the Goodwin group gradually entered … Read moreAfter Goodwin default, IBJA calls for ban on jewellers’ deposit schemes

Gujarat: Gold prices at record high, jewellers jittery

Images used for representational purpose AHMEDABAD: As gold pricesrallied to a record high on Monday, breaching the Rs 37,000-mark per 10g, jewellersbecame jittery of further drop in demand. Rallying on a firm global trend, the price of pure gold in Ahmedabad touched Rs 37,500 per 10 gram on Monday, including GST, and settling at the highest-ever level … Read moreGujarat: Gold prices at record high, jewellers jittery

Kalyan Jewellers hosts exclusive evening with Shweta Bachchan Nanda at Ahmedabad showroom

MUMBAI: Kalyan Jewellers, India’s trusted and leading jewellery brand today hosted an exclusive evening for some lucky customers from the city. The invitees were treated to a special interaction with the graceful Shweta Bachchan Nanda, author, journalist and host. The interaction saw the daughter of India’s superstar and brand ambassador of Kalyan Jewellers, Amitabh Bachchan … Read moreKalyan Jewellers hosts exclusive evening with Shweta Bachchan Nanda at Ahmedabad showroom