Business Daily from THE HINDU group of publications
Wednesday, Jul 26, 2006

Cross Currency

Group Sites

Marketing - Retailing
Corporate - Mergers & Acquisitions
Gitanjali acquires Desire Lifestyle

Our Bureau

Mumbai , July 25

Gitanjali Gems Ltd, one of the oldest diamond houses in India, has acquired jewellery retailer Desire Lifestyle Pvt Ltd in line with its policy of strategic acquisitions and further expansion in retail operations. The company has acquired 100 per cent stake in Mumbai-based Desire Lifestyle. Gitanjali Gems owns a number of jewellery brands including D'damas, Nakshatra, Sangini and Asmi. Shares of the company rose by 1.48 per cent to close at Rs 112.80 on BSE.

More Stories on : Retailing | Mergers & Acquisitions | Gems & Jewellery

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Walt Disney to acquire Hungama TV for $30.5 m

Ads may go `personal' with intelligent set-top boxes
British Airways launches offer for students
New post-paid plan from BSNL
Air Deccan overtakes Indian in market share
Gitanjali acquires Desire Lifestyle
HPCL to invest Rs 918 cr in retail network
TACO appoints Lowe to handle new auto battery brand
Toll-free call service facility from Airtel

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line