The fate of jewellery and other luxury boutique stores at both the Taj Mahal Palace & Hotel at Colaba as well as the Oberoi and Trident Hotel & Towers at Nariman Point is unknown, as they have reportedly been sealed, post the terrorist attacks on 26 November.>>Read More

Alissa Goren has been promoted to Deputy Managing Director and Chief Marketing Officer (CMO) of The Israel Diamond Institute Group of Companies (IDI), the company said in a statement. >>Read More

Gitanjali Gems Ltd, jewellery manufacturer and retailer has entered into a memorandum of understanding (MoU) with the state-run Minerals and Metals Trading Corp (MMTC), a leading bullion importer. The MOU was signed with the intention of furthering it to a joint venture. >>Read More

Keki M Mistry, Vice Chairman and MD of Housing Development Finance Corporation (HDFC) has joined Shrenuj & Co Ltd as Independent Director, the company said in a statement late on Thursday. >>Read More

Gemfields, a colored gemstone producer has received the exclusive worldwide license to use the Fabergé brand name in regards to colored gemstones (excluding diamonds). >>Read More

Damas, international jewellery house, has launched a floral-themed Onam masterpiece set, which includes a diamond studded 22 karat gold necklace and earrings. It also announced several festive offers to mark the Onam celebration in UAE. >>Read More

Dynamix Chain planning to enter the Indian retail jewellery market by the mid of September this year. The company will have a soft launch in the first week of September. It plans to introduce a wide range of light weight chains at extremely competitive prices. >>Read More

CRISIL has assigned its bank loan ratings of ‘BBB+/Stable/P2’ to the various bank facilities of Joy Alukkas Traders (India) Private Ltd (JATPL). The ratings reflect JATPL’s established market position and strong brand name, and an above average financial risk profile. >>Read More

Michael Hill International Ltd, a jewellery retailer has agreed to buy 17 stores in Illinois and Missouri, the company said on Friday last week. >>Read More

Kirtilals won the “Diamond Vivaha Jewellery Award-2008” at an event organized by the Retail Jeweller magazine in association with Forevermark DTC. >>Read More