Ethera Raises Rs 25 Crore from BlueStone to Expand Lab-Grown Diamond Retail Footprint
Lab-grown diamond jewellery startup Ethera has secured Rs 25 crore from strategic investor BlueStone to accelerate store expansion, strengthen omnichannel operations, and scale its design-led growth strategy across key Indian markets.
Aamir Khan and Ranbir Kapoor Invest in QWEEN Ahead of India Launch
Bollywood actors Aamir Khan and Ranbir Kapoor have invested in luxury jewellery brand QWEEN, which is preparing to enter the Indian market with its first experiential stores in early 2026.
Tanishq Presents Gold Rings to Indian Women’s World Cup Team
Tanishq commemorated India’s ICC Women’s Cricket World Cup victory by gifting gold rings to players, crafted from gold exchanged by households nationwide under its Gold Exchange programme.
Rising Role of Jewellery Retailers: A Key Contributor to Mall Revenues
The landscape of shopping malls in India is undergoing a significant transformation, with jewellery stores emerging as a pivotal component
Budget 2023: What Jewellers Want?
Finance Minister Nirmala Sitharaman will present the budget on the Parliament on February 1, 2023. With the approaching central elections, popular consensus on this year’s budget is that it would be growth-oriented, with a focus on infrastructure, inflation, manufacturing and rural economy
Founder of Malabar Gold & Diamonds, MP Ahammed demands a reduction in import duty to curb gold smuggling
A reduced import duty will make gold smuggling less attractive and will eventually drive the illegal gold out of the markets.
Senco Gold launches D’Signia store in Chandigarh
This is the first showroom of Senco Gold & Diamonds in Chandigarh, and overall eighth D’Signia showroom in the country
Senco Gold & Diamonds receives Rs 75 cr funding
The investment has been made by Oman India Joint Investment Fund II (OIJIF II)
Kalyan Jewellers to raise $200 mn to refinance old debt
The funds will be used for refinancing borrowings, payment of transaction fees, and general corporate purposes
Gold Setu helping jewellery retailers go digital free of cost
The start-up has unveiled a SaaS platform for the jewellery industry, where stores are able to provide multiple online services, like showcasing their products, buying digital gold, making payments, etc
Customs duty on cut & polished diamonds, gemstones cut to 5%
In her Budget speech, the Finance Minister said that customs duty on cut and polished diamonds and gemstones would be reduced to 5% from the existing 7.5%
The Where & Why of Location
The importance of location
Promotional schemes and new store openings could propel 10-11% growth in retail jewellery sector
This is based on an analysis of 50 CRISIL-rated jewellery retailers, which together account for about half of the revenues of the organised jewellery retail market in India
GST puts organised jewellery retailers on a strong platform
Credit profiles of organised players to witness gradual recovery over the medium term.
Demonetization to take shine off gems & jewellery: CARE report
Though export market and large diamantaires in the organised sector may not be impacted much, small and medium players, carrying out local trade and sourcing, are expected to feel the pinch of currency recall exercise, it pointed out.
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