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Mehul Choksi

Special court stays proceedings against Mehul Choksi’s aide in loan fraud case

The magistrate's court had summoned Chitalia and other accused, including Choksi, in March after talking cognizance of a charge sheet filed by the Central Bureau of Investigation Mumbai: A special court here on Thursday stayed proceedings before a magistrate's court against...

Gitanjali Group debuts in Singapore

Branded jewellery manufacturer and retailer Gitanjali Group has opened its first store in Singapore called 'Leading Italian Jewels' at Raffles Hotel . Spread over 600 sq.ft., the outlet offers gold, diamond, and precious stones jewellery by high-end Italian jewellery...

Gitanjali opens second gold & diamond ATM at Siddhivinayak Temple, Mumbai

Gitanjali Group has joined hands with the Siddhivinayak Trust to launch its second Gitanjali Jewellery Vending Machine (GJVM) at Mumbai’s Shree Siddhivinayak temple on the occasion of Akshay Trithya. The new GJVM by Gitanjali Group, which is a gold...

Saturated metros take gold jewellers to tier I, II locations

Driven by rising incomes, smaller cities and towns are expected to drive consumption of jewellery. Jewellery retailers are expected to derive over half their revenues from small towns by 2012-13, as against around 40 per cent in 2009-10, according...

Gitanjali Group launches new identity

Gitanjali Group, the conglomerate of branded jewellery, has unveiled its new corporate logo. The new identity has been created by JWT. Describing the process of development of the new logo, Kalpita Bose, VP, head of design, JWT, said, “In...

Gitanjali to retail Visconti pens

From jewellery to watches and now pens, Gitanajali Group is expanding its portfolio of luxury accessories. It has signed a licensing deal to retail Visconti, the Italian luxury writing instrument brand, with Emonte that has exclusive marketing and distribution...

Gitanjali Gems net profit up by 77.4 per cent at Rs.354.8 crore

Gitanjali Gems Ltd, the leading branded jewellery company in India has reported a 77.4 per cent increase in net profit at Rs. 354.8 crore for the year ended 31st March, 2011, as compared to Rs. 200 crore posted in...

Fashion demand needs to grow, but not at cost of quality

As the booming fashion industry looks to further boost its growth, it will be crucial to build consumption. But that won't be easy. Consumers' awareness is growing and so is their purchasing power, thereby altering the fashion retail equation...

Gitanjali Gems net sales up 42.8 per cent at Rs.2,509.7 crore

Branded jewellery company Gitanjali Gems Ltd has reported a 42.8 per cent increase in net sales at Rs.2,509.71 crore for the quarter ended September 30, 2010, as compared to Rs.1,757.7 crore in the corresponding quarter last fiscal.For the quarter...

D’damas opens flagship store in Delhi

Diamond jewellery brand D’damas, part of the Gitanjali Group, recently launched its first-ever flagship store – Capital Jewels – in Delhi. The 1,000-sq.ft store at the Green Park market has a unique merchandising segmentation of sub-brands, zoning and continuous...
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Max Fashion launches new youth centric brand ‘Urban’

The first Max Urban collection will be available across the brand's retail stores as well as on the e-commerce...
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