jewellery
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India’s commerce ministry proposes task force to boost gem and jewellery exports
The commerce ministry is mulling the establishment of a task force for the gem and jewellery industry toÍŹÍŹ addressÍŹÍŹ theÍŹÍŹ challengesÍŹÍŹ facedÍŹÍŹ byÍŹÍŹ theÍŹÍŹ...
BlueStone’s FY24 revenue surpasses INR 1,000 Cr, loss narrows 15% to INR 142.2 Cr
Omnichannel jewellery brand Bluestone reducedÍŹÍŹ itsÍŹÍŹ lossÍŹÍŹ byÍŹÍŹ nearlyÍŹÍŹ 15%ÍŹÍŹ year-on-yearÍŹÍŹ (YoY)ÍŹÍŹ toÍŹÍŹ INRÍŹÍŹ 142.2ÍŹÍŹ CrÍŹÍŹ inÍŹÍŹ theÍŹÍŹ financialÍŹÍŹ yearÍŹÍŹ 2023-24ÍŹÍŹ (FY24),ÍŹÍŹ whileÍŹÍŹ itsÍŹÍŹ...
Gold jewellery demand set to rise with 18% volume growth anticipated, says Nuvama Report
India's jewellery market is experiencing a shift in buying trends,ÍŹÍŹ withÍŹÍŹ aÍŹÍŹ broaderÍŹÍŹ rangeÍŹÍŹ ofÍŹÍŹ customersÍŹÍŹ drivingÍŹÍŹ demandÍŹÍŹ inÍŹÍŹ theÍŹÍŹ secondÍŹÍŹ quarterÍŹÍŹ ofÍŹÍŹ 2024.IncreasedÍŹÍŹ...
Jewellery brand Trisu raises pre-seed funding led by All In Capital to drive market expansion and innovation
Jewellery brand Trisu has successfully closed its first pre-seed funding round, led by early-stage venture capital firm All In Capital. The round also saw...
PN Gadgil Jewellers’ IPO fully subscribed on first day with 2x subscription
The initial public offering of jewellery retail chain PN Gadgil Jewellers Ltd was fully subscribed within hours of opening for bids on Tuesday, closing...
PN Gadgil Jewellers raises INR 330 Cr from anchor investors ahead of IPO
PN Gadgil Jewellers has secured INR 330 crore from anchor investors by issuing 68.74 lakh shares to 25 anchor investors ahead of the issue's...
Budget import duty cut to boost gold jewellery retailers’ revenues by 22-25% this fiscal: CRISIL Report
A CRISIL Ratings analysis of 58 gold jewellery retailers, representing a third of the organised jewellery sector's revenue, indicates that revenues for organised gold...
Malabar Gold & Diamonds to open 20 new showrooms in October
Indian jewellery brand Malabar Gold & Diamonds plans to open 20 new showrooms in October across India, the GCC, and the USA, boosting its...
CaratLane CEO Avnish Anand steps down after nine years with the company
Avnish Anand, co-founder, Managing Director, and CEO of Tata-owned omnichannel jewellery startup CaratLane, has stepped down after a nine-year tenure with the company.In a...
Reliance Retail expects 2x growth in revenues and EBITDA over the next 3-4 years
Reliance, India's largest retailer, plans to double its revenues and EBITDA within the next 3-4 years. The company is also set to grow its...
India sees surge in diamond purchases as prices for solitaires drop
Indians are increasingly buying diamonds, spurred by a drop in solitaire prices since last Diwali. Jewellers are optimistic about strong sales of solitaires in...
D2C brand Metaman secures funding from KL Rahul to launch new perfume range
D2C men’s lifestyle brand Metaman has secured additional funding from cricketer and existing investor KL Rahul to launch its new perfume range.In addition to...