23 April 2014

Satyug Gold

 Satyug Gold  

Bollywood actor Shilpa Shetty launched her own gold bullion and jewellery company, Satyug Gold which will have outlets in seven cities.
Satyug Gold has entered into long-term contracts with gold mines all over the world and also owns two refineries in India, Shilpa Shetty, who is Chairperson of the company, said.
Satyug Gold is opening seven stores in cities like Mumbai, Delhi, Jaipur, Ahmedabad, Pune, Chandigarh and Ludhiana. These outlets will feature regular collections of jewellery designed by the actress.
Shilpa Shetty launched ‘Satyug Gold‘ store one. She talks about the gold plans that they offer, which have great discounts at affordable prices so that she can fulfil peoples dream. She was also seen wearing jewellery designed by her.
“Satyug is also launching, for a limited period and in association with the Indian Bullion & Jewellers Association (IBJA), a scheme that will offer patrons chance to purchase pure 24 karat gold at up to 37 per cent off the prevailing market rates linked to various delivery tenures”, said Shilpa Shetty.
Satyug has inked a five-year deal with the association worth Rs 25 crore as royalty payment, said IBJA President Mohit Kamboj.
Source: http://businessofcinema.com

Getting scientific about adornment

 Adornment has always been perceived as an art, but that notion is challenged today with the arrival of adornologists

Brides in India never had it better, with the amount of thought and pre-planning that go into a modern wedding these days. Contrast to the age-old tradition of decking up the bride in dated jewellery simply based on its sentimental value, the brides of today are embracing an approach that is based on science and sensibility. Yes, you read that right…science.
Adornology is a science that is based on analyzing and understanding a woman's personality and lifestyle and then matching it with the right piece of adornment for her. Some may term adornology as an art, but leading adornologist Varuna D Jani opines otherwise. "Similar to what a fashion stylist does for clothing, an adornologist identifies jewellery that best suits you as per your face structure, your skin tone and personality," explains Jani.
Challenging traditions?
Every woman who desires a new piece of jewellery is often faced with questions like: What looks good? What kind of jewellery would be apt for a certain look or occasion? What suits one's face structure the best? Should you opt for coloured stones, uncut jewelry and what kind of metal should your gems be set in?
Even though we have a variety of design labels to choose from, no jeweler recommends or gives their clients a personalized attention. It is noticed that women often end up buying jewellery without complete information. The decision to purchase jewellery is often driven by what they have seen on other women or heard from them. They get partial or inaccurate facts from their family jewellers and end up compromising on the quality of their purchase as well as the aesthetics. Jani also believes that different women have different needs. Therefore, the choice of jewellery needs to be different based on their individual personalities and face structures. Hence, the need for an adornologist who imparts knowledge and gives personalized recommendations.
A rule of thumb
While every face and personality is different from another, Jani recommends using some thumb rules. "Stones used in jewellery should not only complement the attire but also the skin tone," advises Jani, "A gold polish enhances dusky or dark skin so dusky beauties should keep that in mind. When you adorn jewellery as per your personality, taste and physical traits, you feel beautiful and confident naturally as it enhances your personality. Moreover, your personality never changes, hence buying jewellery as per your personality as opposed to age or trends, will stay with you for life."
On a final note…
The golden rule of jewellery is that it should always be a part of your personality and never overpower it. Also, you don't need to be decked in jewellery from head to toe, even if you are at the altar. Do not follow trends when it comes to very expensive jewellery. Such jewellery is a heritage rather than an indulgence. So invest in an expert who will take away the stress and help you in making the right decisions. Make choices that you would love for life, rather than exchanging, renewing it or passing it on. Remember, you are the showstopper, not your jewellery.
Source:  http://www.dnaindia.com/lifestyle
image :Varuna D Jani

NIZAM JEWELS - Heritage Set in Precious Stone

These are no monuments with insights into the architectural heritage, but the Nizam’s jewellery collection is just an enlightening. A blend of Deccani, Rajasthani and Lucknowi karigari, these pieces are embedded with some of the finest precious stones like Colombia emeralds, Basra pearls, spinels, rubies and old cut diamonds.
A legal battle for ownership over the collection, which has 173 ornaments, began in 1972 between the government and the Nizam’s heir Mukkaram Jah. The government of India finally bought the jewels for `218 crores.
The collection has been put on display twice at Salar Jung museum (in 2005 and 2007), but are otherwise stored away. Satish Govindas Shah whose family were the Nizam’s official jewellers, explains about a few pieces from the collection.
Kanti Marvareed
This is a male ornament made in silver and gold set with diamonds, a cabochon ruby, emerald beads, drops and pearls. It is a impressive pachchikam champakali necklace crafted in the shape of  michelia champaca bud. For more detail, the bud is suspended alternatively with emerald beads and pearl.
The design technique are pachchikam and kundan. The beautiful cabochon ruby traces its origins to Burma. These neck pieces are very common in India royal families symbolising their wealth and status.
Baglus Almas
This is a male shoulder belt with gold set and diamonds belonging to the 19th century. It is a male accessory combined with a dagger sheath with kundan work plaques and foiled table cut diamonds forming floral designs. The buckle or baglus is designed in three sections with a six-petaled flower in the centre and two small rectangular pieces. The plaques are so well connected with each other that the floral design seems unbroken. The same floral design is carried onto to the dagger sheath as well.
It is made up of 23 large and 21 small plaques and the sheath and buckle have a fewer than 1,383 diamonds.
Paizab Yakhoot
These magnificent anklets were one of the queen’s heavier accessories. Made in gold and set with rubies, diamonds and emeralds, they are design in the Deccan style of karigari, dating back to the 19th century. These anklets are further made of gold rectangular plaques assembled with diamonds, emeralds and rubies. The design is a flower head with alternating diamond, emerald and ruby in the centre and with the rose cut diamonds all around and table cut emerald at the clasp. Two rows of rose cut diamonds around the lower edge make for an even more delicate design. The craftmanship, which is fine and intricate, depict a combination of western and Nizam styles.
Karay Dand Jarvari
A pair of gold bangles set with diamonds, enamel coats the inside. A priced possession of the Nizam jewellery collection, these were made by the Deccan karigars. The bangles are crafted in kundan and set with foiled old-cut diamonds in the front while the inside enamel has an intricate design of red flowers and green leaves on a white background.
Gundiyan Zamarrud
Seven emeralds encrusted with diamonds around it form the cluster seven shirt buttons that the Nizam used to wear. Each claw is set in a gold piece with round rose cut emeralds surrounded with small old cut diamonds. The emeralds are Colombian, known for their deep green colour and clarity. A fun fact – the Nizam’s were known for their fondness of the green precious stone. So, it seems quite natural that the set of seven buttons were the second most dearest ornaments in the Nizam’s collection after diamonds.
SOURCE:  http://www.newindianexpress.com/cities/hyderabad/

11 April 2014

Global Gems and Jewelry Market Forecast and Opportunities to 2019

PR Newswire
 Research and Markets (http://www.researchandmarkets.com/research/6k6w6r/global_gems_and) has announced the addition of the "Global Gems and Jewelry Market Forecast and Opportunities to 2019" report to their offering.

Global recession and Euro-Zone crisis has had a huge impact on the consumer sentiment towards jewelry, especially in North America and Europe. However, a significant growth in jewelry market was witnessed in developing regions including Asia-Pacific and the Middle East. Increasing demand has been recorded due to growing per capita income levels in developing countries such as India, China, Saudi Arabia, Brazil and the UAE. The growth in urban population coupled with rising awareness about different types of jewelry is expected to propel gems & jewelry demand in these countries through 2019. Gold jewelry dominated the global gems & jewelry market in 2013, in revenue terms. However, during the forecast period, diamond, platinum and costume jewelry are also expected to gain market share.

According to Global Gems & Jewelry Market Forecast & Opportunities, 2019, the United States continues to be the largest gems & jewelry market worldwide. The country is also the largest global consumer of diamond jewelry. However, regionally, Asia-Pacific accounted for the highest revenue share of the global gems & jewelry market due to growing demand from countries like China, India and Japan. As a result, global gems & jewelry market is anticipated to grow at a CAGR of about 6% during 2014-19.

Few of the leading companies in global gems & jewelry market include Chow Tai Fook Jewellery Group Limited, Compagnie Financière Richemont SA, Rajesh Exports, Ltd. Signet Jewelers Ltd., and LVMH Moët Hennessy.

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with gems & jewelry manufacturers and channel partners worldwide. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Key Topics Covered:

1. Research Methodology

2. Analyst Briefing

3. Global Gems & Jewelry Market Outlook

4. Global Gold Jewelry Market Outlook

5. Global Diamond Jewelry Market Outlook

6. Global Platinum Jewelry Market Outlook

7. North America Gems & Jewelry Market Outlook

8. South America Gems & Jewelry Market Outlook

9. Europe Gems & Jewelry Market Outlook

10. Asia-Pacific Gems & Jewelry Market Outlook

11. Middle East & Africa Gems & Jewelry Market Outlook

12. Market Drives and Challenges

13. Import & Export Analysis

14. Market Standards & Certifications

15. Market Trends and Developments

16. Competitive Landscape

17. Strategic Recommendations

Companies Mentioned:
  • Blue Nile, Inc.
  • Chow Tai Fook Jewellery Group Limited
  • Christian Bernard Diffusion SA
  • Claire's Stores Inc.
  • Compagnie Financière Richemont SA
  • Damas International Limited
  • Daniel Swarovski Corporation AG
  • Gitanjali Gems Ltd.
  • K.Mikimoto & Co., Ltd.
  • Kering SA
  • LVMH Moët Hennessy Louis Vuitton SA
  • Le Petit-Fils de L.-U. Chopard & Cie S.A.
  • Pandora A/S
  • Rajesh Exports Ltd.
  • Signet Jewelers Ltd.
  • Swatch Group Ltd
  • Tiffany & Co.
  • Titan Industries Ltd.
  • Zale Corporation

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
SOURCE Research and Markets

Read more: http://www.digitaljournal.com/pr/1826290#ixzz2ya6ZVqWb

સોનાની દાણચોરીનો નવો કીમિયો: કૃત્રિમ ગોલ્ડ ઓરમાં થતી આયાત

અમદાવાદ : ચાલુ ખાતાની ખાધ ઘટાડવા માટે સરકાર દ્વારા લાદવામાં આવેલાસોનાની આયાત પરના અંકુશોના લીધે દાણચોરો સોનાની દાણચોરી માટે વિવિધ તરકીબો શોધી રહ્યા છે . ડિરેક્ટરેટ ઓફ રેવન્યુ ઇન્ટેલિજન્સ ( ડીઆરઆઇ ) એ કૃત્રિમ ગોલ્ડ ઓરમાં સોનાની આયાતના કૌભાંડનો પર્દાફાશ કર્યો છે . સૂત્રોના જણાવ્યા મુજબ , સમગ્ર ભારતમાં આ મોડસ ઓપરેન્ડી દ્વારા સોનાની ગેરકાયદે આયાતનો આ પ્રથમ કિસ્સો પ્રકાશમાં આવ્યો છે .

સૂત્રોના જણાવ્યા મુજબ , નેચરલ ગોલ્ડ ઓર કે જેમાં માટી , ઝિંક , કોપર , સિલ્વર જેવી ધાતુઓ પણ હોય છે તેની આયાત જકાત મુક્ત છે . એક ટન ગોલ્ડ ઓરમાંથી આશરે 2.5 ગ્રામ સોનું મળતું હોય છે અને તેથી તે કોમર્શિયલી સફળ થઈ શકે તેમ નથી .

બાતમીના આધારે ડીઆરઆઇએ દુબઈથી આવેલા ગોલ્ડ ઓરના કન્સાઇનમેન્ટને અટકાવ્યું હતું અને તેનું ટેસ્ટિંગ કર્યું હતું . ડીઆરઆઇ વિભાગે ખંભાતની મેસર્સ મૂળચંદ એન્ડ ઝવેરી પેઢીના ભાગીદાર સંજય પટેલની ધરપકડ કરીને આગળની કાર્યવાહી હાથ ધરી છે . મળતી માહિતી પ્રમાણે તેઓ માટીમાં સોનું ભેળવીને તેની નેચરલ ગોલ્ડ ઓર તરીકે આયાત કરતા હતા .

સૂત્રો પાસેથી મળતી વિગતો પ્રમાણે , સંજય પટેલે આ રીતે છેલ્લા ત્રણ મહિનામાં 35 કિલો સોનું આયાત કર્યું છે , જેની કિંમત રૂ .10.59 કરોડ થાય છે . તેમાંથી બુધવારે પાંચ કિગ્રા સોનું પકડાઈ ગયું છે , જેની કિંમત રૂ .1.32 કરોડ છે . આ મોડસ ઓપરેન્ડી દ્વારા 16 કિલો માટીમાં પાંચ કિગ્રા સોનું ભેળવીને આયાત કરવામાં આવતું હતું .source: http://gujarati.economictimes.indiatimes.com


Tanishq plans jewellery exports to Gulf. 

The Tata Group jewellery house Tanishq is planning to start exports to Gulf Cooperation Council (GCC) nations in an attempt to cater to the NRI community.

Tanishq is finalising partners in these countries and would start exports to UAE by next month, said Sandeep Kulhalli, vice president - retail and marketing, jewellery division of Titan Company Ltd.

Speaking to reporters after launching the brand’s seventh store at  Valsaravakkam here, Kulhalli said, “We are going to start exports to GCC countries shortly. We are finalising partners, who could be big chains or single stores.”

The company would be looking at starting shop-in-shops under the brand Tanishq.

While the plan was to start exports to UAE by May, it aims to cover entire GCC in 18-24 months. It is also interested to start exports to Far East countries, he added.

It would be tying up with a single partner in each of the respective countries.

While the company sees potential in expanding the brand to these countries for creating a new market, the move would also help comply the 20:80 regulation, under which it has to export 20 per cent of the imported gold as jewellery.

In India, 20-25 per cent of jewellery demand is met through recycling while the rest is met with the imports.

“It is an overall figure and our business is also in tandem with this,” he said.

The company has been looking at exports and the 20:80 rule is a good business opportunity, he added.

Tanishq started exports to West Asia and Singapore in 2007-08. It stopped later in order to increase its focus on the Indian market.

"Our business in India required more attention and we had to expand operations here. So, we had stopped exports and focused on the domestic market. Now, with 162 stores across the country and growing, we have more time and a bigger team to look after the exports also," said Kulhalli.

The company had to close stores in Chicago and New Jersey in the US due to economic slowdown in the country. These were started in 2004-05. Depending upon the prevailing factors, Tanishq might consider opening stores in the US at a later stage, he added.

Tanishq retail chain in India currently has 162 exclusive boutiques in 92 cities.

Source: BS Reporter  |  Chennai   http://www.business-standard.com
Some tanishq designs from websites are here:-