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You are here: Home>Media>Gitanjali in the news |
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AP Minister Inaugurates Saksham Training Centre at Hyderabad. |
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Hon’ble Minister for major industries, commerce and export promotion food processing, Government of Andhra Pradesh, Shri Kanna Lakshmi Narayana inaugurated the “SAKSHAM PWD” Training Center for Jewellery Manufacturing and Diamond Processing at the Gitanjali Gems factory in the Rajiv Gems SEZ in Hyderabad on January 10, 2010. |
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At the Races
Gitanjali Group sponsored two events at the Mahalaxmi Race Course on December 12 – the Giantti-Gitanjali 1000 Guineas and the Morellato by Gitanjali Lifestyle Challenge. The presence of Bollywood beauties Raima Sen and Urvashi Sharma and fashion shows added a touch of glamour to the day. |
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Milaap – Bridal Fashion Show
In the evening, Maya Weddings & Occasions by Gitanjali Lifestyle presented Milap, a bridal fashion show at the Turf Club. |
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Asian Age |
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click here to download pdf - (200KB) |
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Asian Age 2 |
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click here to download pdf - (198KB) |
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BT Vivek Jain |
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click here to download pdf - (281KB) |
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BT, HT etc |
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click here to download pdf - (635KB) |
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Sakaal Times Milap |
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click here to download pdf - (1MB) |
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Gitanjali Group Clip |
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Gitanjali Gems Wins Prestigious National Award
Awards presented by President of India at New Delhi on the International Day for Disabled Persons (December 3. 2009)
Company recognized for providing training and employment to Persons with Disabilities (PWD’s)
M/s. Gitanjali Gems Limited has won the prestigious “Best Employer” award in the National Awards for the Empowerment of Persons with Disabilities 2009 scheme conducted by the Ministry of Social Justice and Empowerment, Government of India. The award recognizes the efforts undertaken by the company in this field at its unit in the Rajiv Gems Park, Hyderabad.
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Preview of Maya Weddings and Occasions
A preview of the offerings at Maya Weddings and Occasions, a soon to be launched chain of fashion stores by Gitanjali Lifestyle, that presents high end wedding garments and accessories, dazzled the audience at a Fashion Show at Luxurion World 2009. The models displayed stunning collections from leading designers and exotic jewellery from Giantti. |
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one-stop shop show
Marital Medley
Razzle dazzle everywhere |
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Inauguration of World of Silver at Giantti Store at Atria Mall
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Sohail Khan, Salman Khan and Mr. Mehul Choksi, CMD, Gitanjali Group inaugurating the World of Silver at Giantti - India's biggest luxury jewellery showroom in Atria Mall during the visit by cast and crew of “Main aurr Mrs. Khanna” |
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Being Human Gold Coin launch |
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Gitanjali Lifestyle partners with Force India Formula One team to present Speed Night VIP Access |
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Celebrating Speed & Glamour Force India/Gitanjali style
The evening witnesses the launch of Bliss – an Italian jewellery brand and Nishka Lulla’s new line |
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Mumbai, Sunday, August 30, 2009
Force India Formula One, India’s team at the pinnacle of motorsports Formula One along with Gitanjali Lifestyle, India’s premier jewellery and lifestyle retailer, bring alive the excitement, style and glamour of Formula One in a glamourous and star-studded exclusive evening- ‘Speed Nights VIP Access’ at Hyatt Regency on August 30, 2009. The evening flags off on an adrenaline pumping note as speed-crazy fans root for the Force India team following which Bliss - an Italian jewellery brand from the Damiani Group, brought to India by Gitanjali Lifestyle, will be launched |
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Gitanjali Gems Limited Press release – Quarterly results June 2009. |
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- Jewellery segment continues to surge ahead, driven by domestic demand for retail brands
- Double digit growth in profits
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Mumbai – July 29, 2009
Gitanjali Gems Limited, one of India’s leading integrated diamond and jewellery retailing and manufacturing companies announced its unaudited financial results for the quarter ended 30th June, 2009. The Company’s effective cost control policies and efficient strategy resulted in improvement in its profit margins. |
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Gitanjali Lifestyle’ validates the agreement to hold stake in ‘MobileNXT’
Targets 70% stake in MobileNXT |
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Mumbai, 1st July 2009: Gitanjali Lifestyle, the luxury and retail arm of Gitanjali group today announced that the company has got into an agreement and would hold a 70% stake in MobileNXT; the Bangalore based mobile retail chain. The stake acquired is for approximately Rs. 2-5 crores from the existing promoters.
This agreement will reinstate Gitanjali Group’s leadership position in its jewellery and lifestyle business and will give further impetus to its overall margins. As a part of the agreement, MobileNXT stores will be reinstated as ‘Hoop’ stores and will display ‘personal fashion accessory’ that offers a wide range of fashion jewellery, watches, eyewear and the latest as well as trendiest mobile phones and accessories. Furthermore, ‘Hoop’ will offer customers a range of unique and differentiated merchandise at affordable prices. The products would be targeted at the youth and young adult both female and male.
Speaking about this agreement, Mr. Mehul Choksi, Chairman, Gitanjali Group said, “We are extremely happy to announce this venture. With this initiative, we hope to attract more customers and create a consumer delight by offering one stop shop for fashion accessories. Through ‘Hoop’, we would showcase a wide range of products and accessories to reach out to youth. We are optimistic that this concept would be well received and we plan open more stores to reach out to a larger customer base through this agreement.”
Speaking about the “Hoop” stores the CEO Mr.Vijay Menon said “We will offer a differentiated range of merchandise to customers in the locations where we are. These unique products will be available for the first time in the Tier 2 and 3 cities of India and will offer customers there a never before choice”
Gitanjali Group through this agreement with MobileNXT will expand across 100 stores in the next two years across the country. The stake will result in converting the MobileNXT stores in to HOOP - the fashion accessory store.
Currently MobileNXT is present across 21 stores in Southern Indian and in tier 2 and 3 towns in the country with revenue of Rs. 30 crores – mainly in Karnataka and Tamil Nadu, apart from a few stores in Punjab, Gujarat and Kolkata.
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About Gitanjali Lifestyle
Gitanjali Lifestyle Ltd, incorporated in 2007 is the luxury & retail arm of The Gitanjali Group, with a turnover of US $ 1 billion with an experience of 40 yrs in the branded jewelry segment. This new venture aspires to tap the unexplored luxury & premium retail segment of the society. The group has forayed into “Retail of Luxury & Lifestyle Products” with an intention of opening stores in premium market places.
Gitanjali Lifestyle has taken an evaluated decision to venture into the business of “Retailing Branded – Lifestyle products” with an initial investment of Rs. 150 crores. The arm brings in a plethora of brands that are synonymous with luxury & style. The stores will be the prime destination for individuals who have a high fashion quotient, covering all aspects of lifestyle retailing, combining Jewellery, Watches, Silverware, Perfumes & Cosmetics, Leather & Accessories.
The stores will be in multi formats ranging from 500 sq ft mini stores to 25,000 sq ft departmental stores. Besides these there are two malls of about 2 lac sq. ft each in the pipeline. Lifestyle formats business intends to open the franchise formats to expedite the growth of its upcoming projects. |
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About MobileNXT
MobileNXT Teleservices Pvt. Ltd set up in March 2006 is a one-stop shop-offering host of telecom related products and services with its headquarters in Bangalore. Aimed at becoming India’s most unique chain of mobile stores, MobileNXT was set up with a vision of revolutionizing the sale and post sale process of acquiring a mobile phone, mobile services, accessories and value added services.
Focused on providing consistent offerings to build consumer value, MobileNXT aimed at reinvigorating the retail consumer experience in three areas – Store environment – Product, services and after sales support offerings, store personnel, Unique exchange program and strong one on one relationship including an integrated e-commerce portal and call centre |
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To View Press Release Please Click Here |
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Gitanjali Lifestyle’s Chairman Mr.Mehul Choksi addresses the FICCI Global Business Forum
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Bangkok, June 6th, 2008: Czars from India and Thailand combined business with pleasure at the FICCI Global Business Forum that kicked off at Bangkok. The forum highlighted the huge untapped trade potential between India and Thailand, the two majors in the global gems & jewellery industry that was attended by business czars from India and Thailand.
It was discussed that India is not just strong in its culture but is also a very strong market, with an export of US $ 20.889 billion in 2007-08 and records a growth of 22 %. Out of this, India exports only 2% of its Jewellery to Thailand and has a tremendous potential to grow. Thailand on the other hand is the gemstone capital of the world. Thus, the FICCI Global Business Forum at Bangkok was an effort towards bilateral trade promotion activities such as to benefit the gem and Jewellery sector in both the nations. The trade between Indian and Thailand has a huge untapped potential to grow. Inter Organizational collaborations and partnerships will help harness this potential. India and Thailand can work together to leverage their strengths to capture a larger market share in the American European and emerging markets of the world.
Speaking at the forum Mr. Mehul Choksi, Chairman, FICCI’s Gem & Jewellery Committee said, “India and Thailand can work together to leverage their strengths to capture a larger market share in the American, European and emerging markets of the world. Inter Organizational collaborations and partnerships will help harness this potential”.
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