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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.
Tribhovandas Bhimji Zaveri Ltd. (TBZ) is a noted Indian jeweller and jewellery retail chain based in India. [2] Established in 1864 by Tribhovandas Bhimji Zaveri in Zaveri Bazaar, the jewellery district of Mumbai, it was subsequently headed by his son, Gopaldas Tribhovandas Zaveri, and now Shrikant Zaveri, is the present chairman and managing director of the group.
The trend of jewelry-making at home by hobbyists for personal enjoyment or for sale on sites like Etsy has resulted in the common practice of buying wholesale costume jewelry in bulk and using it for parts. There is a rise in demand for artificial or imitation jewelry by 85% due to the increase in gold prices, according to a 2011 report. [14]
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Hyderabad, India, has a historic world-famous market for bangles named Laad Bazaar. [5] Glass bangles are mostly produced in the old Indian city of Firozabad in North India. In Pakistan, glass bangles are produced mainly in Hyderabad, Sindh and plastic full arm bangles are produced in Tharparkar, Badin, Umerkot and Sanghar. [6]
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Bharat Diamond Bourse (BDB) is the world's largest diamond bourse (exchange) and is located in Mumbai, India. [1] Spread over a 8.1-hectare (20-acre) plot, the complex is home to some 2,500 small and large diamond traders in addition to the Custom House, banks and other service providers who cater to the gems and jewelry trade. [2]
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