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DUBAI DAMAS
Gulf crisis drags down gold demandChains such as Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas and Titan Company's Tanishq, which together command a significant pres...- Titan shares in focus after $283 million acquisition of GCC-based Damas JewelleryTitan Holdings is set to acquire a 67% stake in Damas LLC for AED 1,038 million ($283 million), gaining a strategic presence across all six...
- Stocks in news: Paytm, Ideaforge, Eternal, Mangalore Chemicals, Bajaj Finance, TitanMarkets experienced a volatile start but closed positively. Several companies, including Paytm, IRFC, Dixon, and ZEEL, are set to announce ...
- Titan to acquire 67% stake in Dubai-based Damas for $283 million in strategic Gulf expansionTitan Company has acquired a 67% stake in Damas LLC, a Dubai-based luxury jeweler. The deal is worth $283.2 million. This acquisition will ...
- Titan to acquire 67% stake in Gulf retailer Damas Jewellery for $283 millionTitan Company will acquire a 67% stake in Damas LLC, a prominent jewellery business in the Gulf Cooperation Council region. The deal, value...
- Titan set to add Rs 2,500 crore Damas facet to portfolioTitan Co is in advanced discussions to acquire a 72% stake in Damas International, a prominent Gulf jewellery retailer, for approximately R...
- Titan sets its sights on Damas Jewellery; a sparkling second attemptTitan Co is in discussions with Qatar's Mannai Corp to acquire a stake in Damas Jewellery, estimated at ₹4,500 crore. The acquisition would...
- Dubai in spotlight as Luxury & Retail Fashion HubAlong with robust local brands, leading international labels have chosen Dubai as its preferred destination, thanks to its high global visi...
- Biennial gems and jewellery show 'Sparkle 2013' to see participants from Dubai and ThailandSparkle 2013, an exhibition showcasing Gujarat's prowess in diamond and jewellery, will be organised between January 4 and January 7, 2013 ...
- Dubai retailers aim to cash in on Diwali festivitiesFrom airlines to hotels and jewellery firms, businesses across the board here are trying to cash in on the Diwali festival to boost their s...
- Global retailers revive India plan;Await cabinet approval for FDI in multi-brand to break into desi marketList of international retailers looking at India as a priority market for expansion include South Korea's Lotte, Thailand's Central Group a...
- Jewellery retailer Damas yet to decide on India plansGlobal jewellery retailer Damas has said it is yet to decide the future of its business plans in India, as the group is restructuring its c...
- Dubai's Damas replaces CEO over unauthorized dealsOne of the Middle East's best known jewelry companies said Monday it has replaced its CEO after he told the company he made ``unauthorized ...
- Stocks to Watch: L&T, Tata Tea, Gitanjali Gems, Indage Vintners, Mercator Lines, HPCLCrude oil prices rose in Asian trade on Thursday, getting a lift from a bigger-than-expected drop in US crude reserves.
- Govt clears 23 FDI proposals worth Rs 565 cr, defers 13 othersThe government has cleared 23 FDI proposals, which will bring Rs 564.80 crore into India.
- Reliance Retail to launch Paul & Shark sportswearMukesh Ambani's Reliance Retail, has formed a JV with Dama Spa to launch the luxury Italian Sportswear brand Paul & Shark in the country. K...
- Gitanjali buys Nakshatra for Rs 100 croreThe Gitanjali Group has bought ‘Nakshatra’, the premium brand of jewellery promoted by Diamond Trading Company (DTC), for approximately Rs ...
- Damas allowed 51% in FDSPL ventureThe government has cleared a proposal from Dubai-based Damas for investing 51% in a joint venture with Flemingo International’s Indian arm ...
- Damas, Flemingo to set up duty-free shopsLook out for big-discount deals on gold jewellery and luxury watches at major airports across the country.
- UAE firm to enter Indian duty free marketUAE jewellery group Damas has tied up with the UAE based duty free trading company, Flemingo International, to offer its portfolio of jewel...
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