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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] 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 ...
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 ...
A Tanishq jewellery store in Hyderabad. Titan acquired Swiss watchmaker Favre-Leuba in 2011 for €2 million to enter the European market. [20] [21] In 2013, Titan entered the fragrances segment with the brand Skinn [22] and later that year, it ventured into the helmets' category under its brand Fastrack. [23]
Jos Alukkas is also known for pioneering the concept of "gold supermarkets," which are large-format stores featuring extensive collections of jewellery. Today, the Jos Alukkas Group, chaired by Jos Alukkas and managed by his sons Varghese Alukkas, Paul J. Alukkas, and John Alukkas, operates over 60 large-format jewellery showrooms across India ...
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).
The jewellery used for the costumes were purchased from the jewellery brand company Tanishq. [46] Jodhaa Akbar marked the company's second venture into films after the fantasy film Paheli (2005). A team of 200 craftsmen worked for 600 days to fashion and mould jewels made of gold gemstones. Around 300 kilograms of jewels were used.