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Kalyan Jewellers is an Indian multinational jewellery company, headquartered in Thrissur, Kerala. It was founded in 1993 by T. S. Kalyanaraman . [ 1 ] As of July 2024, Kalyan Jewellers operates 277 showrooms across India and the Middle East.
Kalyan Group is a holding company for the brands of Kalyan Silks, Kalyan Jewellers, Kalyan Developers, Kalyan Sarees and Kalyan Collections. [1] It is headquartered in Thrissur , Kerala , India. History
He started his first jewellery shop named Kalyan Jewellers in Thrissur City in 1993 with a capital of ₹50,00,000. Later, he expanded the business to 32 showrooms all over South India. In 2024, Forbes magazine's latest annual tally of billionaires has listed Kalyanaraman in 622th position with a net worth of US$5.4 billion. [2]
Dubai Gold Souk or Gold Souk (Arabic: سوق الذهب), is a traditional market (or souk) in Dubai, UAE. The souk is located in Dubai's commercial business district in Deira, in the locality of Al Ras. The souk consists of over 380 retailers, [1] most of whom are jewelry traders. Dubai Gold Souk entrance
In the early 1990s, India's exchange crisis was resolved, and Titan Company shifted the focus of the brand to the Indian market. A pilot plant was set up in August 1992 and the production began in 1994, and Tanishq's first store opened in 1996. Tanishq was the first jewellery retail chain in India. [5]
Malabar Gold & Diamonds is an Indian jewellery group headquartered in Kozhikode, Kerala.The company was founded by M. P. Ahammed in 1993. [2] As of May 2023, it owns more than 330 showrooms across 11 countries, making it one of the largest chains of jewellery retailer in the world.
Conversely, share movements also amplify falls in the gold price. For example, a 10% fall in the gold price to $540 per troy ounce ($17/g) will decrease that margin to $240, which represents a 20% fall in the mine's profitability, and possibly a 20% decrease in the share price.
Pure Gold Jewellers is a recipient of the "Best Service Performance Brand" award in the large business category for five years: 2007–2008, 2008–2009, 2009–2010, 2011–2012, 2012–2013 and 2014–2015 under the Dubai Service Excellence Scheme (DSES) of the Dubai Department of Economic Development, making it the only company to have won it five times. [6]