Three youth were wounded in a stabbing on a shopping street in The Hague early Friday evening, Dutch police said, adding that they were seeking a suspect. National broadcaster NOS said the attack could not immediately be attributed to terrorism. Police launched a manhunt after the attack, which took place on a busy shopping street … Read More →
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 →
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 →
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 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 →
At least 40 kg silver, 300-grammes gold, diamond jewellery worth Rs 2,00,000 and cash worth Rs 2,00,0000 has been reported stolen in a burglary at Nakoda Jewellers, located in Kumar Classic Society, Aundh, on Thursday. The total theft is worth Rs 29,35,00, according to the complaint. The store is owned by Vijay Mohanlal Sonigara, 52, … Read More →
India needs to catch up in MMF apparel products to grow in US markets, according to the Indian Texpreneurs Federation (ITF). For that, the government needs to bring GST duty rationalisation immediately for MMF fibre & value chain. This will help the country’s textiles sector to focus more on MMF and blended products and reach … Read More →