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.

Trai has blocked 2.75 lakh phone numbers and 50 entities for spamming. The regulator is taking a strong stance against pesky calls and unregistered telemarketers.

Deccan Gold Mines aims to achieve full-scale production at its Jonnagiri Gold Project in Andhra Pradesh by the end of the current financial year. The project, owned by Geomysore Services India Ltd,...

Indian stock markets took a breather on Tuesday after a record-breaking rally, with the Sensex closing marginally down due to profit-taking in IT, oil, and metal shares. The Nifty, however, closed...

Gold prices in India fell by Rs 50 to Rs 74,050 per 10 grams on Tuesday, while silver prices also slumped by Rs 250 to Rs 85,250 per kilogram. The decline comes amid anticipation of a US Fed...

Mahindra Group launches the new Jawa 42 FJ motorcycle, emphasizing the importance of storytelling in rebuilding resurrected brands like Jawa and BSA. The motorcycle is priced at Rs 1.99 lakh onwards.

Get the latest areca and coconut prices in Mangaluru. Check today's market rates for old and new supari, koka, and coconut qualities.

Trai has blocked 2.75 lakh phone numbers and 50 entities for spamming. The regulator is taking a strong stance against pesky calls and unregistered telemarketers.

The International Convention of the Wedding Fraternity (ICWF) announces its 10th edition in Jaipur this September. Explore the future of the wedding and social events industry with industry leaders.

Himachal Pradesh's new Medical Device Park in Solan is expected to generate 10,000 jobs by 2025. The park will house 65 industrial units and is being funded by the state government.

Deccan Gold Mines aims to achieve full-scale production at its Jonnagiri Gold Project in Andhra Pradesh by the end of the current financial year. The project, owned by Geomysore Services India Ltd,...