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KERALA BASED JEWELLER
Sabarimala gold loss: HC allows fresh case as SIT finds evidence against ex-TDB chiefThe Kerala High Court has allowed a fresh criminal case against former TDB president P S Prashanth regarding the 2025 replating of Sabarima...
Deepa Jewellers, Cotec Healthcare receive Sebi approval for IPOsDeepa Jewellers, a B2B hallmarked gold jewellery processor based in Hyderabad, and Cotec Healthcare, a pharmaceutical CDMO, both received S...
Akshaya Tritiya sees 30% volume drop in gold buying amid price spikeGold demand during Akshaya Tritiya dropped about 30% in volume as prices, up nearly 60% year-on-year, deterred large purchases. Buyers stay...
Kerala jewellers likely to offer uniform gold ratesGold rate varies from state to state depending on the rate fixed by the gold associations in the respective states. However, jewellers ofte...
Gold demand remains subdued despite easing Covid restrictionsBullion dealers said jewellers are not keen to restock despite discount offers as consumers continue to stay away from marketplaces on fear...
Country's leading jewellers urge government to bring uniform gold pricingThe call for uniform pricing comes at a time when demand for gold is showing signs of revival. Buying of the yellow metal in India generall...
No material impact of flood cess on gold sales: Industry sourcesGoods taxable at 1.5% State GST will attract a cess on value of 0.25%. Gold bullion and jewellery attracts GST (centre plus states) of 3%.
Floods in Kerala likely to hit wedding season gold demandThe usual spend of 200 grams to 1 kg of gold per wedding in Kerala may drop 50% in a month.
Kerala floods: Shares of these companies will be impactedWhile the floods wreaked havoc on the finances of people living in the state, they could also have an impact on the portfolios of others el...
Some jewellers don't take GST, move worrisomeJewellers in Maharashtra have raised questions about the sustainability of giving discounts on GST.
Akshaya Tritiya: People rush to buy gold; jewellery sales up 10-20%Jewellers and bullion traders said retail demand remained robust in most parts of the country as prices have declined by about 10 per cent ...
Surprise investor financing for Kalyan Jewellers and Mindhelix lifts hopes of Kerala entrepreneursA lot of money is floating around and companies here are bracing to expand. Labour unrest, the bugbear of enterprises in Kerala, is now a t...
NRIs and jewellers top Kerala's rich listThird in the list is Sunny Varkey, founder and executive chairman of Dubai-centered Gems Education, whose net worth is valued at Rs 9,000 c...
Jewellers wary of new gold schemes under Companies lawGold retailers bank on such schemes for working capital requirements and a guaranteed customer base. It’s the equivalent of interest-free l...
Malabar Gold plans pan-India expansionThe Kerala-based jeweller also plans to have overseas presence in South Asia, Middle East and Far Eastern markets
- Kalyan Jewellers, leading jewellery group from Kerala, sets a turnover target of Rs 16,000 crore
The turnover of the company stood at Rs 9473 crore last year. In the current year, Kalyan Jewellers proposes to invest Rs 1000 crore to sta...
- Kerala jewellers come out clean on abuse of dominance charges
- Unstoppable gold prices prompt consumers to buy lighter jewellery
With a sharp increase in gold prices, consumers are opting for lighter jewellery. Instead of the standard practice of buying 8 or 10 grams,...
- Smaller cities shine on jewellery chains' radar
Jewellery retail chains are targeting rural customers which account for more than half of the country’s demand as awareness spreads about p...
- Bhima sees gold glittering in South; mulls expansion
While Kerala-based jewelers are busy expanding their footprints across the country and spreading wings abroad, particularly in the Gulf cou...