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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 ...
The BIS Hallmark is a hallmarking system for gold as well as silver jewellery sold in India, certifying the purity of the metal. [1] [2] It certifies that the piece of jewellery conforms to a set of standards laid by the Bureau of Indian Standards, the national standards organization of India. India is the second biggest market for gold and its ...
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.
The Malabar Gold & Diamonds was established in 1993 by M. P. Ahammed. Since 2000, the company has been on an expansion and was reported to be a group worth ₹500 crore in 2005. [6] The company claims that they are the first brand to offer only 100% BIS hallmark gold. [7]
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 .
A hallmark is an official mark or series of marks struck on items made of metal, mostly to certify the content of noble metals—such as platinum, gold, silver and in some nations, palladium. In a more general sense, the term hallmark is used to refer to any standard of quality.
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24-karat gold is pure (while 100% purity is very difficult to attain, 24-karat as a designation is permitted in commerce for a minimum of 99.95% purity), 18-karat gold is 18 parts gold, 6 parts another metal (forming an alloy with 75% gold), 12-karat gold is 12 parts gold (12 parts another metal), and so forth.
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