Reserve Bank of India (RBI) has discontinued the issuance of letters of undertaking (LoU) and letters of comfort (LoC) for trade credit by banks. In an interview with CNBC-TV18, Sanjeev Bhatia, CFO of PC Jeweller detailed the impact.

Rumours of involvement of company in price manipulation are baseless: Vakrangee

In an interview to CNBC-TV18, Dinesh Nandwana, MD & CEO of Vakrangee spoke about the latest happenings in the company.

Aim to cross 100-store mark by year-end; 10% margins sustainable: PC Jeweller

The reduction in GST rates shows that the government is looking at this industry favourably, said Sanjeev Bhatia, CFO, PC Jeweller.

Continue to maintain revenue growth target at 30%: PC Jeweller

“We are pretty confident of maintaining our growth both in the topline as well as bottomline,” Sanjeev Bhatia, CFO of PC Jeweller said.

Expect 30% sales growth for FY18: PC Jeweller

In an interview to CNBC-TV18, Sanjeev Bhatia, CFO of PC Jeweller spoke about how festive sales shaped up this season.

Confident of maintaining growth rate for FY18: PC Jeweller

PC Jeweller is in focus as Crisil upgrades their long-term rating. In an interview to CNBC-TV18, Sanjeev Bhatia, CFO of the company spoke about the rating and latest happenings in his company.

Expect sales momentum to continue in festive season ahead: PC Jeweller

PC Jeweller posted its Q1 numbers. In an interview to CNBC-TV18, Sanjeev Bhatia, CFO of PC Jeweller spoke about the performance of their company in this quarter.

Will see impact of lower making charges across country: PC Jewellers

The goods and services tax (GST) Council in its 16th meeting held yesterday has slashed GST rate for jewellery making charges from 18 percent to 5 percent. In an interview to CNBC-TV18, Sanjeev Bhatia, CFO of PC Jeweller explains the impact.

Every jewellery co to report good growth in Q4; see uptick in footfalls: Pros

Every organised jewellery company will report good growth in the current quarter, said Sanjeev Bhatia, CFO, PC Jeweller.

Demonetisation: Demand may slowdown but not evaporate, says PC Jeweller

With the company largely catering to wedding jewellery, which is almost a compulsory purchase, Sanjeev Bhatia, CFO, PC Jeweller, said the demand could get postponed but would not evaporate.

Expect 25% rise in gold sales this Dhanteras: PC Jeweller

Gold is seeing a price drop this festive season which has led to a massive boost in demand. Along with good monsoons, it has led to a spur in rural buying too.

Confident of achieving 15% topline growth in FY17: PC Jeweller

Sanjeev Bhatia, CFO, PC Jeweller is confident of achieving 15% topline growth in FY17.

PC Jeweller issues convertible debentures up to Rs 420cr

The board of PC Jeweller has approved the issue of compulsarily convertible debentures (CCDs) for an aggregate amount of up to Rs 420 crore by way of a preferential allotment to DVI Fund Mauritius, the company informed exchanges today.

Budget 2016: Need ind-friendly policies, clarity on GST, says PC Jeweller

Sanjeev Bhatia, CFO, PC Jeweller, believes rupee depreciation will help the company in its export business.

Will sustain 20% annual growth, open 12 new stores: PC Jeweller

Sanjeev Bhatia, CFO of PC Jeweller says stable gold prices have helped rise in demand and he does not see any scope of decline in the market.

No sheen in gold anymore; see better Q3 sales: PC Jeweller

In an interview to CNBC-TV18, Sanjeev Bhatia, chief financial officer, PC Jeweller shares his views on the current gold demand in the country and his outlook on the precious metal.

Want to expand to tier I, II cities: PC Jeweller

Going ahead, Sanjeev Bhatia, CFO, PC Jeweller, expects to see improvement in sentiment during the upcoming festive season.

See healthy same-store sales growth: PC Jeweller

Lower prices of gold are getting us handsome footfalls since morning, said RK Sharma, ED & COO of PC Jeweller. He is upbeat on the sales on the back of auspicious occasion of Akshay Tritiya and upcoming wedding season.

RBI note merely clarifies gold import norms: PC Jeweller

This notification, Sanjeev Bhatia, chief financial officer, PC Jeweller says won't have any significant impact on either cost of funds or hedging or lease costs.

Aim to maintain expansion of 1lk sq ft a year: PC Jeweller

PC Jeweller‘s third quarter net profit surged 36.6 percent year-on-year to Rs 109.3 crore on strong revenue and operating growth.

Domestic retail margins of 18.5% sustainable: PC Jeweller

Discussing the earnings, Sanjeev Bhatia, President - Finance, PC Jeweller, said that variation in exports is normal for the company.

Stressed diamond biz behind lower Q3 margins: PC Jeweller

The company witnessed higher profit in the second quarter due to the rupee depreciation, CFO Sanjeev Bhatia said, adding that the industry witnessed “turbulent times” in the third quarter.

Aim to maintain 25% growth, open 1 store/month: PC Jeweller

Speaking to CNBC-TV18, Sanjeev Bhatia, president- finance, PC Jeweller says that talks of a slump in demand are partially incorrect. The fall in demand, he explains, is in gold coins and bullion and not so much in the jewellery segment. Hence, the company is unaffected by this demand fall.

Indians' love for jewellery will aid margins: PCJ

Speaking to CNBC-TV18 on his outlook for the jewellery business, RK Sharma, chief operating officer, PC Jewellers says there has been a shift in demand from gold to diamond jewellery.

Import duty hike on gold jewels logical step: PC Jeweller

According to Sanjeev Bhatia, the hike in import duty on gold jewellery was an overdue move to rationalise the duty structure after the duty on raw material went up to 10 percent.