Snippets Column

Kalyan Jewellers sets up subsidiary firm in Oman to expand biz

Kalyan Jewellers on Thursday said it has set up a subsidiary company in Oman to expand its business. The new subsidiary, Kalyan Jewellers Procurement SPC, was incorporated on December 28, 2023, a regulatory filing said. “The object of incorporation of this step down subsidiary is to expand jewellery business in Oman,” it added. Kerala-based Kalyan Jewellers recorded a 30 per cent jump in consolidated net profit to Rs 278 crore during the first half of the current fiscal as against Rs 214 crore in the year-ago period.It has 209 showrooms across India and the Middle East.

Naiteek Bhatt

Recent Posts

BRICS Leaders Denounce Pahalgam Attack; Jaishankar Pushes For UN Reform And Multilateral Cooperation

BRICS leaders denounce Pahalgam attack, while Jaishankar calls for UN reform, multilateral cooperation and global…

37 seconds ago

India Vs Pakistan Asia Cup 2025 Final Live: Tensions, Stats, And Key Players Ahead Of Dubai Showdown

Follow live updates and key insights ahead of the Asia Cup 2025 final as India…

34 mins ago

Gujarat Governor Acharya Devvrat To Visit Adani Vidya Mandir

Gujarat Governor Acharya Devvrat to visit Adani Vidya Mandir in Ahmedabad on September 29, engaging…

48 mins ago

S Jaishankar Stresses UN Modernisation And Accountability

S Jaishankar urges UN reform, highlights terrorism, conflicts, India’s global role and promotes self-reliance principles.

1 hour ago

PM Modi To Open Delhi BJP Headquarters

PM Modi will inaugurate Delhi BJP’s new office on 29 September, marking a historic milestone…

2 hours ago

Leaders Applaud PM Modi’s 126th ‘Mann Ki Baat’ Address

PM Modi honours India’s freedom fighters and nation-builders in the 126th Mann Ki Baat, receiving…

2 hours ago