Jul 23, 2014 at 19:05 | Source: PTI
It has also sought application of the 80:20 rule only beyond 55 tonne of gold needed per month to make jewellery. India needs around 650 tonne of gold to make jewellery.
Jul 23, 2014 at 11:00 | Source: Moneycontrol.com
Lypsa Gems & Jewellery Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 04, 2014, to consider unaudited financial result for the quarter ended June 30, 2014.
Jul 17, 2014 at 10:39 | Source: Moneycontrol.com
Lypsa Gems & Jewellery Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 11, 2014, inter alia, to consider issue of Bonus Shares.
Jul 15, 2014 at 15:48 | Source: CNBC-TV18
According to Prakash Diwan, Director at Altamount Capital Management, one may exit Gitanjali Gems and prefer Titan Company.
Jul 15, 2014 at 15:19 | Source: CNBC-TV18
Ashu Madan, President - Core Client Group at Religare Securities is of the view that one may hold Gitanjali Gems.
Jul 14, 2014 at 09:31 | Source: Moneycontrol.com
According to PwC, up to USD 770.4 million of import duties could have been foregone by the Government of India in 2013 due to the differential in duties between refined gold and unrefined gold dor.
Jul 10, 2014 at 17:29 | Source: CNBC-TV18
The 80:20 rules were the biggest impediment for smooth operations of imports and development of premiums on gold as the export relation to imports had no relevance and had built a big parallel economy," Haresh Soni, Chairman of All India Gems and Jewellery Trade Federation said.
Jul 10, 2014 at 10:14 | Source: CNBC-TV18
Jewellery stocks are on buyers' radar on Thursday on hopes that the Finance Minister Arun Jaitley may cut gold import duty in its maiden Union Budget. Gitanjali Gems was up 4.5 percent and PC Jeweller rallied 3 percent.
Jul 10, 2014 at 09:08 | Source: Reuters
The drop to 6 percent in import duty "is practical and it may be reduced further. A reduction in import duty may encourage more demand from the consumers", Bachhraj Bamalwa, director at the All India Gems and Jewellery Trade Federation, told the Reuters Gold Forum.
Jul 07, 2014 at 19:22 | Source: PTI
The decision was taken after consideration of the representations received from the diamond importers and GJEPC(Gem & Jewellery Export Promotion Council), the RBI said.