From January 2021, jewellers across India can only sell hallmarked gold items. But are retailers and buyers ready?
A great change is coming to end adulteration of gold and ensure customers pay for exactly what they buy.
No protection for small depositors if jeweller defaults on gold schemes
“Investors have no protection in these gold schemes if a company goes...
Chocolates, dry fruits & crackers are passé: Now, Diwali is all about green gifting
The current size of the digital gifting card market in In...
Muted Dhanteras fails to boost gold sales
Jewellers across the cities complained of lesser footfalls and reduced consumer spending.
Paytm Gold can now be redeemed at jewellery stores
This is a part of Paytm Mall's overall O2O strategy and it has collaborated with Kalyan Jewellers, Malabar Gold & Diamonds, PC Jeweller, Senco Gold & Diamonds and Caratlane to enable users to purchase jewellery by redeeming their accumulated gold.
India Inc says tax giveaways will revive their animal spirit
Finance minister announced a number of changes in the tax regime, including a 10 percentage points cut in corporation taxes to an effective 25.17 percent.
Drop in gold prices raises hopes of demand revival
The lack of clarity in the Fed's monetary policy outlook kept investors cautious.
Kalyan Jewellers picks regional stars as brand ambassadors
New marketing campaigns with the new brand ambassadors will start hitting the respective markets in June and July, and target all major local festivals.
Kalyan Jewellers to spend Rs 300 crore to expand in South India
Kalyan Jewellers is planning to open 8 showrooms across the southern market.
BharatMatrimony obtains injunction against other sites for infringement of its digital trademarks
The move comes as some matrimony service players are trying to create confusion in the minds of people and mislead them by misusing trademarks of Matrimony.com in their domain name.
India's gold imports likely jumped ahead of Akshaya Tritiya
Inbound shipments grew to 121 tonnes last month from 52.8 tonnes a year earlier.
Organised jewellery companies may gain from ban on risky deposit schemes
The firms that hope to gain from the ordinance include Kalyan Jewellers, PC Jeweller, Joyalukkas and Senco Gold & Diamonds.
Kalyan Jewellers aims to double turnover at Rs 25kcr in 5years; to reach 250 retail stores
"The company has no immediate plans to launch its initial public offer to raise funds," said Ramesh Kalyanaraman.
Kalyan Jewellers to invest Rs 1,000 crores to open 20 stores in FY19
Kalyan Jewellers at present has 122 company-owned stores, of which 90 are in India and 32 are in the Middle East, including Kuwait, Qatar, Oman and the UAE.
Warburg Pincus invests Rs 520 crore in Fusion Microfinance
PE major Warburg Pincus is in talks to acquire a significant minority stake in a Fusion Microfinance in a deal estimated at $80-100 million, ET reported on August 2.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service