Gitanjali Gems
Retail
Gitanjali Gems buys 60 per cent of Renaissance Retail
Gitanjali Gems has acquired the retail business of Mumbai-based jewellery company Renaissance Jewellery, by buying a major stake of 60 per cent.Confirming the news to Indiaretailing, a company spokesperson from Renaissance Jewellery said, “We have sold our major shares...
Retail
Gitanjali Gems acquires Nakshatra Diamonds
Gitanjali Gems Ltd, one of the biggest retailers of branded diamond and gold jewellery, has completed acquisition of Nakshatra Diamonds – a brand previously owned by DTC.Gitanjali aims to position Nakshatra as a known lifestyle brand worldwide by introducing...
Retail
Gitanjali Group inks pact with Mariella Burani
After Reliance Brands’ alliance with Italy’s Sixty Group, Gitanjali Group, which is fast moving towards its goal of becoming a leading player in the luxury retail business, has signed a memorandum of understanding (MOU) with Italy’s Mariella Burani Fashion...
Retail
Gitanjali acquires Rogers — To announce JV with Morellato & Sector
In line with its policy of strategic acquisitions and further expansion in retail operations, jewellery major Gitanjali Gems has acquired US-based speciality retailer Rogers Ltd for Rs 80 crore ($20 million). Gitanjali has bought 100 per cent stake in...
Retail
ICICI and Gitanjali launch India’s first jewellery card
Gitanjali Group, one of the largest diamond and jewellery manufacturers and retailers in India, and ICICI Bank, announced the launch of the first-of-its-kind jewellery card. The card facilitates purchase and lifestyle benefits across 200,000 merchants in India and more...
Retail
AP gets approval to set up 4 SEZs
The Board of Approval (BoA) of Special Economic Zones (SEZs) gave formal approval to the proposals of Tata Consultancy Services, Cognizant Technology Solutions, and Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to set up IT/ITES SEZs in Andhra Pradesh. The...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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