Even as most people across the country and especially in Western India were celebrating on the occasion of Dhanteras, which precedes Diwali, hundreds of families residing in Mumbai and Pune were reeling under the shock of losing their money. They had been saving in a scheme that required investors to put in money every month … Read More →
Titan has lowered its jewellery business growth guidance to 11 percent to 13 percent for the second half from 20 percent it guided previously. Titan’s financial results missed estimates on most counts in the second quarter as the jewellery business loses its shine. Titan CEO S Subramaniam said last six months have been tough and … Read More →
TIRUCHY: After a nine-month investigation, a special police recovered about 2.5 kg of gold jewellery out of the 3.75 kg stolen from Punjab National Bank (PNB) in January 2019. The team made the recovery from Chennai and Bengaluru, where the robbers had sold the items. On January 28 this year, a gang of robbers made a … Read More →
Festive shopping for jewellery and apparels has seen a massive hit in the run-up to the Diwali festivities, a report said on Monday. The average value of card transactions in the two affected segments dipped in the days leading to Diwali, according to the data released by transaction processing company, Worldline. Release of the data … Read More →
A large number of holiday shoppers still prefer on-location shopping. BAL HARBOUR SHOPS The holiday season is enormous, particularly for shoppers in the United States, and it often accounts for as much as 30% of annual sales for some retailers. And although 55% of shopping will take place online, a great number of people still enjoy … Read More →
A store of Goodwin Jewellers that has been shut down at Dombivali in Thane. (Deepak Joshi) For 38-year-old Sarita Angre, this Diwali may bring little cheer. She is one of the scores of investors hit by the PMC Bank scam. As if that wasn’t bad enough, now the Goodwin jewellery store in Dombivali, in which … Read More →
New York – Australian designer Tali Roth’s travels last year to Italy’s Floating City are echoed in her first signature product line – an artisanal area rug program with Empire Collection. Set to launch at annual hospitality show BDNY, scheduled Nov. 10-11 at the Javits Center here, the “A Week in Venice” collection “is the culmination of personal … Read More →