Why Discounting Is Losing Its Power in Jewellery Retail
As margin pressure, price volatility and shifting customer behaviour reshape jewellery retail, habitual discounting is eroding authority and long-term value, prompting retailers to rethink pricing discipline and strategy.
Celebrate Rakshabandhan with Elegant Jewellery Gifts from Jagdamba Pearls
As Rakshabandhan approaches, many are on the lookout for gifts that go beyond the ordinary. Instead of defaulting to chocolates or flowers, this festive season offers the perfect opportunity to honour the sibling bond with something enduring—like fine jewellery
PC Jeweller Secures One Time Settlement with PNB Amidst Financial Turmoil
PC Jeweller, grappling with significant financial challenges, announced a pivotal development as it received approval from Punjab National Bank (PNB) for its One Time Settlement (OTS) proposal
SBI seizes PC Jeweller's New Delhi properties following a loan default of Rs.3,466 crore
PC Jewellers is experiencing operational disruptions due to this financial setback, leading to a significant drop in their second-quarter revenues for the fiscal year 2024
PC Jeweller's Stock Market Woes: Legal Proceedings, Loan Recall Notices, and Insider Trading Allegations
Delhi-based jewellery chain PC Jeweller is facing a tumultuous time in the stock market, with its shares plummeting by over 75% since January 2018. The company is embroiled in legal proceedings with the State Bank of India and four other banks as well.
Banks have issued loan recall notices to PC Jeweller
PC Jeweller, has been in the midst of legal proceedings with State Bank of India (SBI) and four other banks of the consortium (IDBI Bank, Indian Bank, Bank of India, and Karur Vysya Bank) that have advanced loans to the company.
WGC: India Ranks Fourth in Global Gold Recycling with Refining Capacity of 1800 Tonnes as of 2021
The World Gold Council today launched a report titled ‘Gold Refining And Recycling’
CBI registers fresh case against Mehul Choksi
The case has been registered based on a complaint filed by IFCI in November 2020; Choksi is already on the run for involvement in a previous case where he was accused of defrauding the Punjab National Bank (PNB) of Rs 13,000 crore, along with Nirav Modi
ED arrests Hyderabad-based jewellery firm promoter
Agarwal was produced before a special PMLA court in Hyderabad and remanded to 15 days of judicial custody
Bombay High Court Reprieves Retailers Against Mandatory Hallmarking Non-compliance
The Nagpur Bench of Bombay High Court passed an interim order on 7th May, 2021, to stop Bureau of Indian Standards (BIS) from taking any coercive action against jewellers who may not comply with BIS mandatory hallmarking regulations
GJEPC Seeks Additional Govt. Relief As Second Wave of Covid Hits the Industry
GJEPC is seeking further assistance from the Government of India to tide over the challenges arising from the outbreak of the deadly second wave of Covid-19 in India
Dir EDI Inaugurates Kashmir's First BIS Recognised Hallmarking Centre For Gold Jewellery
G M Dar, Director, Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) inaugurated Valley’s first Gold Jewellery Assaying and Hallmarking centre at Srinagar on Dec 7
PNG Jewellers Strongly Refutes Allegations of Loan Defaults with Dewan Housing Finance Corporation Limited
PNG Jewellers issues a clarification
Investment in Gold Escalates
All that glitters is indeed gold! Relevance of yellow metal to Indian economy is evident in recent investment spurt
World Gold Council Released its '2020 Central Bank Gold Reserves Survey'
This year’s survey revealed the following key insights into central banks’ thinking towards gold –
