Browsing: News

The International Institute of Gemology (IIG) proudly announces the success of its transformative internship program, aimed at nurturing emerging talent in the jewellery design sphere. In collaboration with the Indotech Jewellery Manufacturing Federation (INJEWEL) and esteemed jewellers in Rajkot, IIG orchestrated a dynamic initiative that not only honed skills but also illuminated the path forward for the industry

Bluestone, omnichannel jewellery retailer is poised to join the unicorn club, with discussions underway to secure approximately $100 million in a pre-IPO funding round. The anticipated valuation exceeds $1 billion, a significant leap from its previous valuation of $450 million in September 2023, according to sources familiar with the matter

The International Gemological Institute (IGI) has unveiled a dazzling 75.33-carat square-emerald cut lab-created diamond, capturing the world’s attention as the largest of its kind to date. Crafted through chemical vapor deposition (CVD), this magnificent gem took approximately 270 days to grow from a rough 190-carat stone and an additional 30 days for precision cutting and polishing.  This extraordinary diamond was conceived by Ethereal Green

Kalyan Jewellers India Ltd. announced the signing of the definitive agreement with Rupesh Jain, Founder of www.candere.com (Enovate Lifestyles Pvt. Ltd) to acquire his residual 15% in Candere, a subsidiary of Kalyan Jewellers. This stake acquisition for consideration of Rs. 42 crore will result in Candere being a wholly owned subsidiary of Kalyan Jewellers, as it pivots from e-commerce to Omni channel commerce. Kalyan Jewellers had acquired a majority stake in the company in 2017 as part of its foray into the e-commerce business. Candere recorded an annual revenue of Rs. 130.3 crore in FY2023-24

De Beers Group today reported on progress towards its ‘Building Forever’ sustainability goals, with key highlights including achieving a target to engage 5,000 women and girls in STEM (science, technology, engineering and mathematics) two years early, agreeing to establish a flagship Diamonds For Development Fund in Botswana, progressing key renewable energy projects in support of recently-validated science-based emission reduction targets, and scaling the development of Tracr, the pioneering diamond traceability platform

PNG Jewellers, a legacy brand known for its tradition and excellence in jewellery craftsmanship, launched its newest “LiteStyle” store, located on JM Road, Shivajinagar, Pune. The 500 Sqft store is specifically launched for light weight jewellery in gold, diamond and silver. This outlet also marks the brand expanding its footprints in the lightweight lifestyle jewellery with their second LiteSyle jewellery store

GJC NextGen organised the first of its kind one-day seminar to educate Indian jewellers about the benefits in jewellery exports under the Comprehensive Economic Partnership Agreement (CEPA) with the UAE. The seminar organised on Wednesday, 29th May 2024, at Hyatt Regency Dubai, and was attended by over 100+ jewellers from across India and prominent importers from the UAE

Hunger-Free World’, the ongoing CSR programme by  Malabar Group to provide nutritious daily meals to the needy, will be expanded to cover more people and cities. At present, as many as 31,000 food packets are distributed under the ambitious programme, initiated to support the United Nations’ Sustainable Development Goal 2 – Zero Hunger. As part of scaling up, 51,000 nutritious food packets will now be distributed.