Industry

In wake of the Covid-19 pandemic, almost all countries, including ours, are still grappling with the subsequent second and the third waves of the deadly pandemic. Last year, during the first 45-day lockdown, GJEPC, in an endeavour to manage the situation, contributed Rs.21 crore to PM CARES Fund to support the country’s efforts to combat the pandemic and provide relief...

Titan Company Ltd continued to do well in Q4 of FY 2020-21 with strong revenue growth both in the jewellery and the eyewear divisions and with the watches division recovering fully. The total income for the quarter was Rs. 7,169 crores, including the sale of gold bullion to the extent of Rs. 25 crores, compared to the income of...

CaratLane continued its growth trajectory in Q4, as both online and brick-and-mortar sales continued to accelerate and delivered revenue of INR 253 crores in the quarter (60 per cent growth over Q4FY20), taking the total annual revenue to INR 715 crores (15 per cent growth YoY). The Company’s B2C business grew at 71 per cent for the quarter and...

As we work out of our homes during uncertain times and are in less contact with our beautiful surroundings, De Beers Group has brought an interesting way to enjoy nature and its beings this World Earth Day.  The brand has set up Livecam at a popular watering hole at one of their nature reserves in southern Africa to view the wildlife. It...

Gemological Science International (GSI), one of the largest geological organisations in the world, has announced the opening of its newest laboratory in Jaipur, India. The Jaipur laboratory will offer all GSI’s core services. The new laboratory includes a dedicated division specialising in colored gemstone geographical origin and identification as Jaipur is the capital of the colored gemstone industry. The laboratory...

To help share knowledge and spread awareness about coloured gemstones, GIA India has organised the Knowledge Webinars ‘March Birthstone - Aquamarine’ and ‘The Big 3 – Ruby, Sapphire and Emerald’ for members of the Indian gem and jewellery trade in March. More than 90 participants attended these webinars to learn important information about coloured gemstones. On the topic, ‘March Birthstone -...

CaratLane – A Tanishq Partnership appointed Avnish Anand, Co-Founder at CaratLane as its Chief Operating Officer. An industry veteran, Avnish Anand brings in his 18+ years of experience and has been critical to the growth of CaratLane and the Omni-channel business in recent years. As COO, he will lead CaratLane’s new opportunities by growing the core business, Omni-channel strategy, and...

Mumbai-based International Institute of Gemology (IIG) has announced that it will hold its 27th Convocation Ceremony virtually. The annual event will be held in association with India Bullion & Jewellers Association Ltd. (IBJA). The IIG Convocation Ceremony will be held on 10th April 2021, Saturday 2 pm onwards at IBJA, Zaveri Bazar. We share our special thanks to the Chief...

As per the latest notice issued by the government of Maharashtra dated April 4, 2021, due to the rapid spread of Covid19 the government has announced lockdown across the State. This has come into effect from April 5, 2021. Bharat Diamond Bourse will remain closed till further notice. Members were requested to take out their important documents and valuables...

The latest version of the IGI Jewellery Report exhibits exceptional security features that can assist both jewellers and end consumers to evaluate and understand the jewellery better. Security and convenience being the core aspects, the report elevates the fine jewellery retail experience to a whole new level. Features like the bar code and the QR code makes the report...