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Gitanjali Acquires Stake in Japanese Jewelry Firm
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Gitanjali Gems Ltd. acquired a 15.3 percent stake in Verite Co. Ltd., a Japan-based jewelry retailer, for an undisclosed amount. The deal was made through Gitanjali’s Hong Kong-based subsidiary, Aston Luxury Group Ltd. Verite's...
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Retail
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Aug 17, 2012
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Dilipp S Nag
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Jewelers Eye Akshaya Tritiya to Boost Sales
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Indian jewelry retailers are offering various schemes and discounts to consumers in order to boost their sales thanks to the upcoming festival of Akshaya Tritiya, one of the most auspicious days in the Hindu calendar to buy gold,...
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Marketing
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Apr 20, 2012
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Dilipp S Nag
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India’s Diamond Brands Promote Valentine’s Day
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Press Release: India’s leading diamond jewelry brands have come together under the banner of ''Leading Jewelers of the World'' to present the ''Season of Love,'' a special festive offer to celebrate the eternal bond of love and...
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Marketing
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Feb 07, 2012
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Leading Jewelers of the World
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Gitanjali Increases Borrowing Limits
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Gitanjali Gems Ltd. shareholders agreed to increase the company’s borrowing limits to up to $1.45 billion (INR 75 billion) from the previous limit of $1.16 billion (INR 60 billion) at a recent extraordinary general meeting. Shareholders also approved the...
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Retail
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Dec 15, 2011
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Dilipp S Nag
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Gitanjali Unit Acquires Hong Kong Jewelry Firm
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Gitanjali Gems Ltd. has acquired Crown Aim Ltd., a Hong Kong-based jewelry distribution firm for an undisclosed amount. The deal was made through Gitanjali’s Aston Luxury Group subsidiary. Crown Aim, which distributes...
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Retail
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Dec 06, 2011
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Dilipp S Nag
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Gitanjali Restructures its International Business
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Gitanjali Gems Ltd. has restructured its international business as part of a brand valuation exercise initiated to streamline its operations. The Mumbai-based diamond and jewelry company transferred its stake in Giantti Italia S.R.L. to its Italy-based...
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Retail
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Nov 16, 2011
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Dilipp S Nag
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Gitanjali Names Shahrukh Khan as Brand Ambassador
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Gitanjali Group appointed Bollywood actor Shahrukh Khan as its new brand ambassador. The new association highlights the all-encompassing core value of the group ''Trust Forever,'' the company said.''We understand what it takes to win...
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Retail
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Sep 26, 2011
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Dilipp S Nag
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