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It has over 200 stores in India and a presence in the Middle East, with stores in the UAE, Qatar, Oman and Kuwait. The company's international expansion aims to cater to the Indian diaspora . In 2014, Warburg Pincus picked up a minority stake in Kalyan Jewellers for ₹ 700 crore and a second tranche of ₹ 500 crore in 2017.
On 13 July 2020, the I.T. Department raided Amrapali Jewels and its owner Rajiv Arora, who is a close aide of Congress CM, Ashok Gehlot and Vice President of the Rajasthan Pradesh Congress Committee [17] for tax evasion at various locations, including Mumbai and Delhi.
Starting in 2000, its net worth started to grow, and by 2003, Tanishq was among the top 5 retailers in India, and made up 40% of the Titan Company's revenue. [5] A Tanishq showroom in Mangalore. Tanishq made the beauty pageant crowns for the Femina Miss India 2007. [6] By 2008, Tanishq had 105 stores in 71 cities in India. [7]
The company received the "Four Star Export House" certificate from the Joint Director of Foreign Trade, Government of India in June 2009. [10] 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]
PC Jeweller Limited (BSE: 534809) is a jeweller based in New Delhi, India. It started operations in April 2005 with one showroom at Karol Bagh Delhi and 80 showrooms in India. [1] It is a first generation business promoted by two brothers- Padam Chand Gupta and Balram Garg. [2] It presently has 80 stores in 66 cities across 17 States/UT. [3]
Atlas Jewellery is an Indian owned jewellery retailer headquartered in Dubai, with 41 stores across the Middle East, in the UAE, Oman, Qatar, Bahrain, Saudi Arabia, Kuwait and India. The company's stores have a large range of jewellery in the gold , diamond , pearl , and gemstone categories.
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