The fashion and lifestyle shopping exhibition Inherit 2019 will take place in New Delhi from December 7 to 8 and will feature clothing, crafts, and design at the Sunder Nursery Heritage Park in Nizamuddin.
Diamond business De Beers has allowed a number of Indian diamond houses to return stones purchased from the business at “sight” and has reduced rough diamond prices as India’s diamond industry faces a slowdown.
Indian authorities are working to proceed against accused jeweller Nirav Modi’s brother, Belgian citizen Nehal Modi, in the Punjab National Bank fraud case and plan to send evidence against him to Belgium.
Tiffany & Co has asked Bulgari owner LVMH to raise its $14.5 billion acquisition offer, arguing that it significantly undervalues the U.S. jewelry chain, people familiar with the matter said on Wednesday.
Jailed jewellery tycoon Nirav Modi has threatened suicide should he be extradited to India, and has claimed to have been the victim of multiple assaults in prison. His requests for bail have again been denied.
The third edition of the India Gold and Jewellery Summit will take place from November 22 to 23 at the Hotel Pullman in Aerocity, New Delhi, and will bring together jewellery businesses and government officials.
Titan Company Ltd posted a three percent increase in its consolidated net profit at Rs 312 crore ($44.1 million) for the second quarter ended September 30 as against Rs 301 crore it posted in the year-ago period.