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JOY ALUKKAS GOLD
Exchange of old gold has risen almost 60% year-on-year, say jewellery retailersGold prices are soaring in India, prompting a surge in old gold exchanges. Consumers are trading in existing jewellery to buy new pieces. T...- Gold demand drops 70% after sharp duty hike in IndiaDemand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The go...
- India Inc backs Modi’s appeal to cut gold buying and foreign travel amid West Asia tensionsIndian businesses are reviewing spending and work-from-home policies after Prime Minister Narendra Modi's call to save foreign exchange and...
- No plan to hike gold import duty despite Modi's appeal to skip buying, says government officialIndia denies plans to raise gold and silver import duties. Prime Minister Modi urged citizens to avoid gold purchases amid economic pressur...
- 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...
- Billionaire sitting on 16,000 kilos of gold says price will riseIndian billionaire Joy Alukkas, who holds nearly 16,000 kilos of gold across his global Joyalukkas stores, expects prices to keep rising am...
- Retail gold sales fall 25% on rising pricesA 4% rise in gold prices in March led to a 25% drop in retail gold sales at jewelers and a 60% fall in Zaveri Bazaar. Indian families with ...
- Joyalukkas to open 40 new showrooms in India, abroad in next 2 yrs with investment of Rs 2,400 crJewellery firm Joyalukkas India Pvt Ltd plans to invest Rs 2,400 crore in the next two years to open 30 new showrooms in India and ten over...
- Jewellery sales recover as gold prices softenGold jewellery sales have seen a spurt after a lull of two months as prices of the precious metal have softened to about ₹58,300 per 10 gra...
- Demand for gold jewellery picks up after BudgetJoy Alukkas, Malabar Gold & Diamonds and Senco Gold & Diamonds said customers had held back on purchases expecting a cut in import duty on ...
- Joyalukkas to spend Rs 600 crore to expand its retail footprintThe Kerala-based jewellery major has 66 stores in India and 64 in the overseas markets with major presence in the Gulf countries.
- Hrithik Roshan will no longer be the face of JoyalukkasThe company’s chairman Joy Alukkas said there are no plans to renew Roshan’s oneyear contract, which expires this month.
- Wild gold swings hit consumer demand, fox wedding plannersAlong with drop in consumer demand, supplies too slowed as importers await further clarity on licences under which they can import from DGF...
- Joy Alukkas to reach 100 outlets across world by '14Joyalukkas has offered a varied range of jewellery handpicked from different parts of the world that have caught the fancy of customers.
- Joy Alukkas Group to invest Rs 100 crore in its aviation wingJoy Alukkas Group, the Kerala-based gold jewellery retail chain, will invest Rs 100 crore in its aviation wing by next year to provide excl...
- Jewellery cos mull listing on soaring gold demand“These companies would like to cash in on the improving (stock) market sentiment, and increasing consumer demand and confidence,” said Vira...
- Jewellery major Joyalukkas targets $2 bn biz by 2012Fluctuating gold prices present a minefield for gold jewellery buyers, but jewellery major Joyalukkas expects business to follow a northwar...
- Jewellery majors on expansion drive in South IndiaMajor jewellery cos from Kerala are going for an expansion drive in South India with the region having withstood the twin impact of surging...
- Jewellery majors on expansion drive in South IndiaMajor jewellery companies from Kerala are going for an expansion drive in South India.
- World's largest gold showroom to come up in ChennaiThe Dubai-based leading gold jewellery retail chain major, Joy Alukkas Group is establishing the world’s largest gold & diamond jewellery s...
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