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Swarovski eyes 12% stake in Tara Jewels

Austria-based Swarovski Group is in the final stages of acquiring 12 percent minority stake in Mumbai-based jewellery house Tara Jewels. This is the first such investment by the luxury and cut crystal maker in India, which has a worldwide turnover of around €2.87 billion (about Rs Rs 15,198 crores). Though a formal announcement has not yet been...

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