The attached properties include 14 assets of Tuteja worth Rs 15.82 crore, 115 properties of Anwar Dhebar, the elder brother of Raipur Mayor and Congress leader Aijaz Dhebar, worth Rs 116.16 crore, properties of Vikash Agarwal alias Subbu worth Rs 1.54 crore and 33 properties of Arvind Singh worth Rs 12.99 crore, it said in a statement.
Demand bounces back but uncertainty over GST rate for jewellery casts a shadow over future.
'Irrespective of the price movement of gold, customers can lock in their purchase at Rs 28,000 per 10 grams of pure gold.'
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
There are many jewellery retailers in the world, but not all are famous.
Exports of gold jewellery fell 23.13 per cent to $1153 million.
Exports of jewellery from India have gone up 32 per cent in the last two months ended May thanks to increasing demand and sale diamonds abroad.
India imported 769 tonnes of gold in 2014, down from 825 tonnes in 2013.
Analysts expect more downside in this sector, with Titan still the preferred bet.
The India International Jewellery Week 2013 in New Delhi saw some of the most luxurious and exclusive designs by the best jewellery houses of the country.
Earlier this month, RBI had raised loan to value ratio to 75 per cent from 60 per cent earlier.
For the gala event, Ektaa donned a mustard-toned ethnic ensemble. She opted for a traditional top with zari work all over it that she teamed up with matching sharara pants.
'The Indian retail landscape is poised for a significant shift with the anticipated arrival of several prominent international luxury fashion brands in 2024.'
The GST rate for the sector has not yet been finalised by the government.
Indian gems and jewellery market comprises diamonds, colored stones, jewellery (gold and silver), pearls, among others. Gold and diamond jewellery account for around 80% of diamonds processing in terms of carats and 55% in terms of volume.
Bollywood celebrities set the ramp on fire, as they showcased exquisite jewellery designed by renowned and upcoming designers at the India International Jewellery Week, in Mumbai.
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Import of jewellery from Hong Kong attracts no duty in India, due to a free trade agreement.
Better than expected performance in June quarter of the 2023-24 financial year (Q1FY24) and a robust outlook led to 1.2 per cent gain in Titan Company stock on Friday (July 7). The firm reported 20 per cent growth in revenues, aided by double-digit rise in its major consumer segments. Jewellery, its largest segment, accounting for about 90 per cent of its sales, stood out with a growth of 21 per cent over the year ago quarter.
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
The fall in exports of gems and jewellery exports is mainly because of shortage of raw-material for jewellery manufacturing.
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Soaring gold prices, coupled with a craze for being trendy has prompted young women to go in for environment-friendly, cheap paper jewellery.
Sonam Kapoor Ahuja has found a place on UK's Top 40 Best Dressed Celeb list alongside Harry Styles, Kate Middleton, Rosamund Pike, Sienna Miller and Kate Moss.
Considering the sluggish demand in the advanced markets, and the huge working capital needs, the sector seeks funds at or lower than International interest rates
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According to World Gold Council (WGC), gold jewellery demand in India, the world's largest consumer, touched record 662.1 tonnes in 2014.
This will bring down capital gains especially in case of property transactions.
Modi referred to the Lok Sabha polls as a "Kurukshetra (battle)" in which "there is development on one hand and 'vote jihad' on the other".
Titan posted better than expected revenue growth in the March quarter of the financial year 2022-23 (Q4FY23), powered by strong demand trends in the jewellery and watch segment. Standalone jewellery sales for the firm were up 24 per cent year-on-year (YoY) on a slightly lower base and aided by like-to-like growth of 19 per cent. The company highlighted that new buyer growth was at 15 per cent while average ticket size was up 8 per cent.
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During 2012-13, the gems and jewellery exports declined by 9.4 per cent year-on-year to $39 billion due to sluggish demand in traditional markets.
Whether it's going bold with deep necklines or sporting too much bling or too many colours, nothing is unconventional for our Bollywood fashion trendsetters anymore.
It was unclear how bankers were deciding which jewellers to support
The premises are alleged to be of the domestic help of Jharkhand Rural Development Minister Alamgir Alam's personal secretary Sanjiv Lal.
If Sanjay Leela Bhansali could make Mumbai's Kamathipura sparkle in Gangubai Kathiawadi, Heera Mandi is bound to be drowned in glitter, observes Deepa Gahlot.
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