Incident took place on Paud Road, which has busy commercial complexes In a shocking incident, two gun-wielding dacoits looted Pethe Jewellers in Anand Nagar at Kothrud on Sunday afternoon. The duo ran away with gold ornaments worth lakhs. They fired two rounds on the floor, sending shockwaves across the locality. The entire incident was caught on closed-circuit television (CCTV) … Read More →
Goodwin Jewellers, a Maharashtra-based jewellery chain, was recently in the news after its owners allegedly ran off with investors’ money and the stores’ gold stock. Customers took to social media and then to the streets to protest, and police cases were registered against the owners. According to newspaper reports, the jewellery chain also had several … Read More →
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 →
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 →
The festivals of Dhanteras and Diwali are is considered to be the most auspicious day to make investments. With these festivals around the corner, Sunil Nayak, CEO of Reliance Jewels spoke to CNBC-TV18’s Manisha Gupta to discuss jewellery trends in the last two quarters and what are the expectations and the demand situations this year. … Read More →