The Gem and Jewellery Export Promotion Council hosted a meeting with an economic advisor for the Ministry of Commerce and Industry and jewellery exporters in Kolkata to address issues facing the industry.
The Enforcement Directorate plans to auction off Rs 2,400 crore ($360.8 million) of accused jeweller Nirav Modi’s assets after he was named a Fugitive Economic Offender and will hold a hearing on January 10, 2020.
Women’s ethnic wear brand Khara Kapas will hold a pop-up shopping event in Mumbai from December 9 to 10. The brand will also travel to Bengaluru for a showcase from December 20 to 21 to promote its latest collection.
Luxury jeweler Tiffany & Co, which is being bought by France's LVMH, missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong.
Accused jewellery tycoon Nirav Modi will appear at Westminster Magistrates' Court in London, UK, on Wednesday via video link for his remand hearing following an attack in prison and leaked doctors report.