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The BIS system of hallmarking of gold jewellery began in April 2000. The standard specifications governing this system are IS 1417 (grades of gold and gold alloys, jewellery/artefacts), IS 1418 (assaying of gold in gold bullion, gold alloys and gold jewellery/artefacts), IS 2790 (guidelines for manufacture of 14, 18 and 22 carat gold alloys only ), IS 3095 (gold solders for use in manufacture ...
Tanishq was the first jewellery retail chain in India. [5] The first years of Tanishq recorded consistent losses. In 2000, Managing Director Xerxes Desai chose Bhaskar Bhat to succeed him. 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]
Kundan. Kundan, meaning pure gold, [1] is a traditional form of Indian gemstone jewellery involving a gem set with a gold foil between the stones and its mount, usually for elaborate necklaces and other jewellery. [2][3]
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] Though the company is mainly committed to India, they are also present ...
Bhima Jewellers is a jewellery retail company based in India. It was established by Bhima Bhattar in the year 1925. [2] As of June 2023, the group has 116 jewellery shops [3] across South India and more than 2000 employees. Bhima Jewellers were the first jewellery store to introduce ready-made jewellery concept under the guidance of its founder ...
CaratLane has raised four rounds of capital, Series A through Series D, with the most recent round being led by Tiger Global, a US-based Hedge fund. [8] In its fourth round of fundraising (in 2015) CaratLane received ₹ 192 crore (US$23 million) from Tiger Global making the sum total invested by the Hedge Fund approximately ₹ 318.31 crore (US$38 million).
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