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NEW YORK, March 11, 2021 /PRNewswire/ The global online jewelry market to register an incremental growth of USD 19.88 billion during 2020-2024 and grow at a CAGR of over 15%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Online Jewelry Market by Product and Geography - Forecast and Analysis 2020-2024
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CHANEL Ltd., Chopard Group, Chow Tai Fook Jewellery Co. Ltd., Compagnie Financière Richemont SA, Graff Diamonds Ltd., Kering SA, LVMH Moët Hennessy - Louis Vuitton, Signet Jewelers Ltd., The Swatch Group Ltd., and Titan Co. Ltd. are some of the major market participants. Innovations in jewelry design and technology will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their footho
$ 19 88 Billion Growth in Online Jewelry Market During 2020-2024 | Innovations in Jewelry Design and Technology to Boost Growth
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Mass to luxury: Brands do the balancing act
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New promoter breathes life into Magma Fincorp’s shares
Rising Sun Holdings Ltd, promoted by Adar Poonawalla, will purchase 458 million shares or 60% stake in Magma Fincorp at Rs70 apiece.
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MUMBAI: Shares of non-bank financial company (NBFC) Magma Fincorp Ltd seem to have found a fresh lease of life, after languishing for more than a year, with the entry of a new promoter.
Rising Sun Holdings Ltd, promoted by Adar Poonawalla who also heads Serum Institute, will purchase 458 million shares or 60% stake in Magma Fincorp at Rs70 apiece. Poonawalla’s company will infuse Rs3,206 crore into Magma Fincorp while existing promoters would put in Rs250 crore. This infusion will boost the networth of Magma Fincorp by 120% to ₹6,314.8 crore post issue.