Kalyan Jewellers to Open 170 Franchise Stores in Major Expansion Drive, Targets Debt Reduction
In a bold move to accelerate growth while trimming debt, Kalyan Jewellers has announced plans to open 170 new stores in FY 2025–26, leveraging the franchise model for both domestic and overseas expansion.
Senco Gold Set for Third Listing Attempt with Rs 400-Crore IPO
The IPO proceeds will be used to expand the company’s presence in north India, and to expand its high-margin diamond jewellery business. The company clocked Rs 4,075.56 crore in FY22-23, a jump of 15 percent over the year prior.
One Hell of a Year
The Year That Was
IMA Jewels Scam: Mansoor Khan to return to India
“It was a mistake to leave India. But the situation was such. The kind of pressure by anti-social elements and politicians forced me to leave India” Khan reveals in another video
Budget 2019: Gold import duty increased to 12.5% from 10%; Gems and Jewellery industry shocked
To discourage cash payments, the finance minister has proposed a TDS of 2% on cash withdrawals exceeding ₹1 crore in a year from a bank account
Absconding IMA Jewels owner causes mass panic post release of suicide audio clip
More than 3300 complaints were lodged by investors as soon as the news broke. If proven true, the total scam could run up to Rs 2000 crore by more than 5000 muslim investors
Jewellery chains under scanner post PNB scam
SBI’s total exposure to the gem and jewellery sector was Rs 12,408 crore as of March 2019, out of which Rs 797.59 crore loans were classified as NPAs
Hurry Up! JJS-IJ Jewellers Choice Design Awards Starts Today!
With New Categories, New Venue JJS-IJJCDA is here in its all new avatar. JJS-IJJCDA commences from today.
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