The National Stock Exchange (NSE) is attempting to create its own quality standard for gold bars made by local refiners to be delivered on its commodity segment. It is currently awaiting results of a technical report from global assaying company Alex Stewart International before accrediting half a dozen BIS – registered refiners whose gold bars […]
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]]>Senco Gold and Diamonds, one of India’s large pan-India jewellery retail chains, has filed a Draft Red Herring Prospectus (DRHP) with the market regulator SEBI proposing to raise Rs 6 billion through an initial public offering (IPO) that will help finance its further expansion and growth. The company which is headquartered in Kolkata and retails […]
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]]>Calamity-stricken residents of Kerala could end up pledging,or selling,their gold ornaments to re-build their homes or meet exigencies arising from the worst floods in a hundred years. Muthoot FinanceNSE 1.91 % and Manappuram Finance, whose core business is lending against gold, and local jewellers from the state could see a rush of customers in the […]
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