Senco Gold Ltd reported a net profit of Rs 51.27 crore for Q1 FY24, up 85.4%. Revenue grew 7.5% YoY to Rs 1,403.89 crore. Customs duty reduction on gold impacts inventory valuation.

Jewellery stocks surged after the Indian government reduced basic customs duty on gold and silver to 6%. Senco Gold, Rajesh Exports, and PC Jeweller saw significant gains.

SAIF Partners has sold a 5.8% stake in Senco Gold for Rs 433 crore. The shares were disposed of at an average price of Rs 960.02 apiece. SAIF Partners' shareholding in Senco Gold declined to 4.97%...

Senco Gold aims for 15-20% revenue and profit growth in FY'25 despite rising gold prices. The company plans to open 15-20 new stores, with a focus on expansion in the west and south.

Malabar Gold & Diamonds, Titan, Kalyan Jewellers and more Indian brands make the global top 100 luxury goods list. Learn about their ranking and the growth of India's luxury market.

Tupperware Brands, known for its iconic plastic kitchenware, has filed for bankruptcy, citing declining sales, competition, and the decline of direct-to-consumer marketing.

Samsung workers in Chennai have been on strike for 10 days, demanding better pay, union recognition, and improved working conditions. The CITU has urged the Tamil Nadu government to intervene and...

India's Commerce Minister Piyush Goyal targets USD 825 billion in exports this fiscal, despite global challenges. He also outlines plans to attract foreign investments through single-window...

India will ensure sufficient charging infrastructure for mass electric vehicle adoption, says Union Minister Kumaraswamy, outlining the PM E-DRIVE scheme's incentives and goals.

The Ministry of Food Processing Industries is hosting 'World Food India 2024' in New Delhi from September 19-22. The event will feature global participation, innovation, and technology in the food...

Tupperware Brands, known for its iconic plastic kitchenware, has filed for bankruptcy, citing declining sales, competition, and the decline of direct-to-consumer marketing.

Samsung workers in Chennai have been on strike for 10 days, demanding better pay, union recognition, and improved working conditions. The CITU has urged the Tamil Nadu government to intervene and...

India's Commerce Minister Piyush Goyal targets USD 825 billion in exports this fiscal, despite global challenges. He also outlines plans to attract foreign investments through single-window...

India will ensure sufficient charging infrastructure for mass electric vehicle adoption, says Union Minister Kumaraswamy, outlining the PM E-DRIVE scheme's incentives and goals.

The Ministry of Food Processing Industries is hosting 'World Food India 2024' in New Delhi from September 19-22. The event will feature global participation, innovation, and technology in the food...