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The company opened its first branded retail jewellery store at Kolkata and Ahmedabad in October 2007. [citation needed] The company proposed an initial public offer of 14,269,831 equity shares in 2010. [11] In 2013 the company operated through 46 stores [12] in 34 cities including the existing two large format stores located at Mumbai and ...
Mumbai Mint has a state-of-the-art gold refining facility up to 999.9. Hyderabad Mint has electrolytic silver refining facility up to 999.9. Commemorative coins are made at Mumbai and Kolkata. Kolkata and Hyderabad have facilities for making medallions, too. The Noida mint was the first in the country to mint coins of stainless steel.
English: This chart shows the nominal price of gold along with the price in 1971 and 2011 dollars (adjusted based on the consumer price index). The historical gold price was obtained from www.igolder.com; CPI was obtained from www.rateinflation.com. The data is in section Chart Data.
The India Government Mint, Kolkata was first established in 1757, [2] and was located in a building next to the Black Hole in the old fort – where the GPO (General Post Office) stands today. [3] It was called the Calcutta Mint and used to produce coins with the mint name Murshidabad .
In January 2017, the Titan group merged its Gold Plus stores with the larger Tanishq retail brand. [12] In April 2017, Tanishq launched the sub-brand Mirayah to cater to women under their 40s. [13] In December 2017, Tanishq launched the Aveer line, its first line of products for men. [14]
The company procures a large portion of its gold under the Reserve Bank of India's Metal (Gold) Loan policy. [6] PC Jeweller had its initial public offering in December 2012. As of 2012 the company planned to open 20 stores each year and start opening franchise stores as well. [7]
West Bengal is at the forefronts of leather processing and leather goods manufacturing and has around 666 units producing leather and leather related goods. Currently, 22-25 percent of India's tanning activity is undertaken in Kolkata and its suburbs. Kharagpur has also numerous industries of various types such as iron works, cement, chemicals ...
The Gold (Control) Act, 1968 is a repealed Act of the Parliament of India which was enacted to control sale and holding of gold in personal possession. High demand for gold in India with negligible indigenous production results in gold imports, leading to drastic devaluation of the Indian rupee and depletion of foreign exchange reserves to alarming levels.