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Tag "Goodwin Jewellers"

Defrauding customers with Savings scheme

Defrauding customers with Savings scheme 0 Updated

🕔18:52, 30.Dec 2019

Retail Jeweller find outs why Gold deposit schemes are becoming ever more important for the jewellery industry even as several reports of retailers scamming consumers for personal gains come to fore. —Manoj Chakraborty Gold or jewellery savings schemes have been

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Goodwin Jewellers owners arrested outside Thane court

Goodwin Jewellers owners arrested outside Thane court 0 Updated

🕔12:23, 16.Dec 2019

NEARLY THREE months after they shut down 12 showrooms and fled with Rs 25 crore worth of their investors’ money, the promoters of Goodwin Jewellers were arrested on Friday afternoon outside a Thane court, where they allegedly planned to surrender.

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First time since Budget, gold trading at 0.5% premium over landed cost

First time since Budget, gold trading at 0.5% premium over landed cost 0

🕔18:52, 15.Nov 2019

Even as demand for gold remains weak, its price has seen some turnaround in the past two months. The yellow metal now trades at a 0.5 per cent premium over its landed cost, compared to a 4 per cent discount

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Jewellery deposit schemes are more glitter than gold

Jewellery deposit schemes are more glitter than gold 0

🕔18:12, 14.Nov 2019

Goodwin Jewellers, a Maharashtra-based jewellery chain, was recently in the news after its owners allegedly ran off with investors’ money and the stores’ gold stock. Customers took to social media and then to the streets to protest, and police cases

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Code of conduct soon for jewellers as sector aims to restore consumer trust

Code of conduct soon for jewellers as sector aims to restore consumer trust 0

🕔18:43, 13.Nov 2019

The Rs 475,000-crore jewellery industry in the country is planning to introduce a model ‘code of conduct’ to bring back trust and confidence of consumers, lenders and policy makers. Confidence had ebbed in the last few years due to default by some

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Gold purchase schemes under scanner as two Mumbai jewellers allegedly dupe investors

Gold purchase schemes under scanner as two Mumbai jewellers allegedly dupe investors 0

🕔15:55, 6.Nov 2019

Popular jewellery sales promotion schemes have come under scrutiny, following two well-known jewellers in Mumbai allegedly duped investors of several crores of rupees. Goodwin Jewellers, a popular jewellery chain operating mainly in Mumbai for over two decades, shut shop a

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