Click it and Unblock the Notifications
Latest Updates
-
Authentic Thai Flavor: The Ultimate Thai Green Curry Recipe -
Chembur Tree Collapse During Mumbai Rains: One Student Dead, 10 Injured—Why Monsoon Safety Can't Be Ignored -
Mid-Year Reset: Six Months In—Financial Habits Worth Reviewing Before Year-End -
Shrikhand Recipe: Your Guide to Creamy Gujarati Dessert -
How Urban Living Changed the Way Indians Work Out -
Jasmin Bhasin's Birthday Trip In Dubai Turns Into Medical Emergency, Diagnosed With Terminal Ileitis -
Soya Chilli Recipe: Your Go-To Indo Chinese Protein Dish -
Jupiter In Leo 2026 Transit: What This Astrological Shift Means For Every Zodiac Sign -
Mercury Retrograde June 2026: Expect These Cosmic Changes In Your Life, According To An Astrologer -
Ashadha Maas 2026: Important Dates, Spiritual Significance, Major Festivals, Rituals And Traditions
Gitanjali Gems increases stake to 60 pc in G
Hyderabad-based Gitanjali Gems today said it has increased its stake in Gili India, which owns the retail jewellery brand 'GILI', to 60 per cent from 40 per cent.
By virtue of this acquisition of shares, Gili India Ltd, an associate aompany has become subsidiary of the company.
'GILI' has a commendable share of the branded jewellery market and was accorded 'Super Brand' status by the Indian Consumer Superbrands Council, in 2004. It featured among the top ten jewellery brands in the country by the GJEPC magazine Solitaire International, last year.
With increased stake, the group seeks to enjoy consolidated share over branded jewellery market in India, a company statement said.
Comments
Article Published On: Thursday, June 30, 2011, 9:44 [IST]
Continue with Google