P N Gadgil Jewellers, Crizac file DRHP with SEBI to raise funds via IPO
P N Gadgil Jewellers looks to raise up to ₹1,100 crore via the IPO route, while Crizac plans to garner up to ₹1,000 crore from the public issue.
P N Gadgil Jewellers looks to raise up to ₹1,100 crore via the IPO route, while Crizac plans to garner up to ₹1,000 crore from the public issue.
Demand for gold jewellery reduced due to spike in price but sovereign gold bonds December-tranche attracted record subscriptions
The GJEPC has urged govt to cut import duty on gold, silver, and platinum bars to 4%; reduction in import duty on cut and polished diamonds to 2.5%.
Rise in income levels and economic uncertainties to aid consumption of yellow metal.
Exploring new markets and FTA's to provide momentum in exports
The gold demand increased by 28% YoY to ₹188,400 crore in Q3 2023; in volume terms, the demand rose by 10% in the July-September period.
"Calcutta Karigari is what we want to take forward," says Suvankar Sen.
The debt requirement for the MSME sector is estimated at over ₹100 lakh crore, of which around 70% is for working capital requirement, says the report.
Birla's ₹5,000 crore entry to challenge Tata's Tanishq and Reliance Jewels
Sabyasachi Mukherjee, the quiet-mannered designer, talks about how India has changed as a consumer market, and the importance of nostalgia in his creations.