GRT Jewellers has agreed to acquire 74.12% of listed retailer Tribhovandas Bhimji Zaveri for Rs 1,033.71 crore, taking control of the 162-year-old brand and expanding its pan-India retail footprint.

Tribhovandas Bhimji Zaveri (TBZ), one of India’s prominent jewellers, reported a notable 50% increase in its first-quarter profit on Monday, driven by higher gold jewellery sales despite the challenge of soaring gold prices

The jewellery business is an intensely competitive industry segment, and the more choices customers have, the higher are the chances of sales

Among listed jewellery and ornament manufacturing companies, PC Jeweller was the top performer, followed by Tara Jewels, Tribhovandas Bhimji Zaveri, Titan and Thangamayil Jewellery

Uma Ornaments was seen appreciated by prominent jewellery industry personalities for their wide and elegant range of diamond jewllery display and their new collections.

Shares of Gitanjali Gems fell up to 19 per cent in morning trade after the company came under the scanner of various investigating agencies following the Punjab National Bank's declaration of nearly Rs 11,400-crore fraud.

Jewellery stocks rose up to 5.3 per cent on hopes that gold sales will pick up pace during Diwali with the government saying PAN will not be mandatory on the purchase of jewellery for over Rs 50,000.

The delegation submitted its presentation to the FM to consider rolling back excise duty.

The collection boasts of both modern and traditional styling. Adorning the eternal magnificence of the Indian woman, the dazzling pearl jewellery by Sunar Jewels is truly a priceless possession.

Silver bijoux stands out from the rest with its elegance, exclusiveness and exquisiteness.

The showroom is themed around the Taj Mahal - one of the Seven Wonders of the world.

Jadau Jewellery comes from the royal era.

The collection is uniquely made with sheer elegance and matchless beauty, making it a delightful affair, to not only see and wear but to carry it as an heirloom through the different phases of women's life.

All pendants are based on 14K gold, encrusted with enamel, pearl, ruby, diamonds and other precious stones which are considered auspicious and eternal.