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De Beers Group today announces its intention to close its lab-grown diamond (“LGD”) jewellery brand, Lightbox, reinforcing De Beers Group’s commitment to natural diamonds in the jewellery sector. As part of the closure process, De Beers Group is discussing the sale of certain assets, including inventory, with potential buyers.

Titan Company Limited (“Titan”), announced its results today for the quarter and year ended 31st March 2025. Titan (consolidated) recorded a total income growth of 22% in Q4FY25 compared to Q4FY24. EBIT grew by 23% YoY to ₹1,470 crores, while PBT growth was 23% YoY to ₹1,218 crores. For FY25, the Total Income of ₹57,819 crores grew 22% over FY24. The EBIT grew 5% to ₹5,488 crores and the PBT declined by 2% to ₹4,535 crores, mainly due to the impact of custom duty reduction on gold during the year.

The Board of Directors of Titan Company Limited (“Titan” or the “Company”), at its meeting held today, approved the succession plan for the Managing Director of the Company. C. K. Venkataraman (Venkat), the current Managing Director, will retire from the services of the Company on 31st December 2025 on attaining the age of superannuation as per the Tata Group’s retirement policy.  Venkat had joined Titan in the year 1990 and became the Managing Director on 1st October 2019

The company recorded consolidated revenue of Rs 25,045 crore in FY25 as against Rs 18,516 crore in the previous financial year, a growth of 35%. Consolidated PAT for FY25 was Rs 714 crore as against a PAT of Rs 596 crore in the previous financial year

Gemfields is pleased to announce that Kagem Mining Limited (“Kagem”), the emerald mine in Zambia which is 75% owned by Gemfields and 25% owned by the Government of the Republic of Zambia through the Industrial Development Corporation of Zambia (“IDC”), will shortly recommence a programme of focused open-pit mining to recover more premium emeralds.

In a historic development set to reshape the global positioning of India’s gems and jewellery sector, the India-UK Free Trade Agreement (FTA) has been successfully concluded. This milestone, hailed by industry leaders and policymakers alike, promises unprecedented benefits across bilateral trade, especially for one of India’s most export-intensive industries—gems and jewellery.

Each year since 1948, an exclusive assembly of A-list guests gathers in New York City for fashion’s biggest night, the Met Gala. This event becomes a glittering stage for some of the most iconic natural diamond moments in history. From timeless heirloom pieces to bold, modern statements, natural diamonds have long been an essential part of the red carpet narrative, adding depth, legacy, and brilliance to every ensemble. This year, as the exhibit “Superfine: Tailoring Black Style” shines a spotlight on the artistry of menswear and the theme “Tailored for You” celebrates self-expression through suiting.

Gold prices are showing signs of another parabolic rise in 2025, fueled by global economic uncertainty, weakening of the US dollar, and mixed signals from US-China trade negotiations. The recent breakout above $3380 (~Rs 96,000) suggests further upside potential toward $3450 (~Rs 97,500). Augmont Gold notes growing investor interest in gold as a safe haven amid inflation concerns and geopolitical instability.

In an unforgettable celebration of craftsmanship and culture, Vummidi Bangaru Jewellers (India) Pvt. Ltd. (VBJ), and legendary fashion designer Anju Modi came together to orchestrate an evening of breathtaking artistry at The Leela Palace, Chennai

Malabar Gold & Diamonds, the responsible jeweller, has unveiled a new temple jewellery collection, ‘Tanvika’ – collection inspired by Goddess Lakshmi under the exclusive brand ‘Divine’. The collection features designs that celebrate the spirit of devotion. Inspired by divinity and brought to life through impeccable craftsmanship, Tanvika presents magnificent creations, each reflecting timeless traditions and abundance of the season