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Gitanjali Gems’ Nakshatra files draft papers for IPO

Gitanjali Gems’ arm Nakshatra World Ltd has filed draft papers with capital markets regulator Sebi to float an initial public offering. According to a PTI report: The IPO comprises 1.8 crore equity shares of Nakshatra World, which offers jewellery under...

PC Jeweller posts 27.39 pc fall in standalone net profit at Rs 106.97 crore in Q3

PC Jeweller has posted a 27.39 per cent fall in its standalone net profit at Rs 106.97 crore in third quarter of 2016-17 due to poor domestic sales following demonetization. According to a PTI report: The company had clocked a...

PC Jeweller to raise up to Rs 257 cr from Fidelity for expansion

P C Jeweller recently announced that the company will raise up to Rs 257 crore through issue of preferential shares to US-based investment firm Fidelity for business expansion. In May, the firm had raised Rs 427 crore from DVI Fund...

Titan, Gitanjali Gems, PC Jewellers in world top 100 luxury goods list

Global Powers of Luxury Goods Three Indian brands - Titan, Gitanjali Gem and PC Jewellers - have been featured for the first time in top 100 luxury goods brands globally as per a study by Deloitte. The third annual Global Powers...

PC Jeweller to raise up to Rs 427 crore from DVI Fund Mauritius

To expand its business, PC Jeweller Ltd has decided to raise up to Rs 427 crore from DVI Fund Mauritius through debentures. The proceeds will be utilised as capital expenditure for future expansion. The company has been adding 15-20 stores...

PC Jewellers to launch 'Smart Jewellery', partners Martian Watches

Jewellery retailer PC Jewellers has tied up with California-based Martian Watches for the launch of smart jewellery in India. The new range will integrate wireless technologies into jewellery and at the same time will provide interchangeable design modules through PCJ's...

PC Jeweller’s Q3 Net Profit Stands at Rs 79.98 Crore

Jewellery brand PC Jeweller (PCJ) has announced its October-December quarter results for the financial year 2013-2014. The company reported a net profit of Rs 79.98 crore for the third quarter of FY2014 with the net sales of Rs 1297.95...

PC Jewellers bags EPCES export award

Amar Chand Garg, vice chairman, PC Jewellers has been awarded with EPCES export awards 2006-07 under the gems and jewellery category.Receiving the award Garg, stated, “It gives me immense pleasure while receiving this very prestigious award from union minister...
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FSSAI to hold CAC meet on Nov 7-8 to discuss food safety issues on e-commerce platforms

According to sources, the CAC meeting will be held on November 7-8 to discuss various issues, including how to...
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