MAM
JCK New Delhi 2006 Opens On An Optimistic Note
September 28, 2006, New Delhi: The three-day JCK New Delhi Show 2006 held from September 28 – 30, 2006 was today launched with great aplomb at Pragati Maidan New Delhi. The event that was run for the first time in India by Reed Exhibitions saw industry dignitaries light the inaugural lamp. The Inaugural function was presided over by Mr. Mike Allsopp, COO – India Reed Exhibitions; Mr. Dave Bonaparte, Group Vice President – JCK
Event; Mr. Tim Porter, Business Development Director – India; Mr. Jalaj Srivastava, MD, Delhi State Industrial and Infrastructure Development Corporation (DSIDC) and Mr. Sanjay Kothari, Convener, PM&BD Subcommittee, Gems & Jewellery Export Promotion Council (GJEPC).
Speaking at the inauguration function, Mr Allsopp said, “We are proud to launch JCK New Delhi in India, which is a milestone for us. The Indian economy is booming at 8 % per annum and so is the jewellery sector. Considering this fact, we felt that the environment was very conducive and budding with potential for many more B2B exhibitions. We are extremely obliged by the support we have received from the GJEPC and all other trade bodies to make this event a success.”
Elucidating on the Indian jewellery industry, Mr Kothari mentioned, “JCK and other such jewellery exhibitions are an ideal way to explore the domestic jewellery markets. Indian jewellery exports are booming at US$ 17 billion and exhibitions like this only help provide the necessary impetus to the industry. The tie-up with Reed Exhibitions is on a very healthy competitive platform and would only help benefit the industry.”
Elaborating further Mr Srivastava said, “The Delhi jewellery market though huge is very unstructured and occupies only 7% of the total market share. Reed Exhibitions by choosing Delhi as their venue for JCK will only enhance this industry.”
Mr Bonaparte summed up what JCK New Delhi would bring for Indian jewellery industry while Mr Porter gave the vote of thanks.
JCK New Delhi spread over 3500 sq. meters, has over 150 confirmed participants featuring 40% international and 60% domestic mix of exhibitors offering a truly world class choice to the cr?me of Indian jewellery retailers. Amongst these are Bapalal Keshavlal, D’damas, Nakshatra, The Rose International, Rosy Blue and Uni-Design. A number of international producers of jewellery such as Amadena LLC, Backes & Strauss, Hatton Square, Vet Alphi Diamonds, Tache are also part of the exhibitors at JCK New Delhi. There will be collective international pavilions of countries like Italy, USA, Belgium, France, and Thailand. International exhibitors from Germany, Israel and other countries will also be participating in the event.
JCK New Delhi 2006 will be interspersed with educative seminars and entertaining evenings. The JCK New Delhi – Gold Souk Design Awards and Fashion show, scheduled to be held on September 29, 2006, will form a gala evening of entertainment, glamour and winning designs. Design Awards & Fashion Show are supported by SBI Bank, CNBC TV18, Vogue Gioiello & Solitaire International. Exquisite Jewellery from Gold Star Jewellery, K.P. Sanghavi & Sons, Marquise Gems Pvt. Ltd. and many more will be displayed by the top models during the Fashion Show.
The three-day exhibition will also include a comprehensive seminar programs where renowned jewellery industry specialists will be sharing their expertise with an audience of retailers and manufacturers from across the industry. Some of the speakers include
Mr. Martin Hurwitz, Chairman & Founder, MVI MARKETING LTD, the Keynote Speaker. Other speakers include Dr. Paul Walker, CEO – GFMS, Mr. Neelesh Hundekari, Director, KPMG, Mr. Hemant Shah from GJEPC, Mr. Ramit Kapur, Manager – Marketing and Head of Education Department, International Gemological Institute, Mr. Vinod Kuriyan – Editor, Solitaire International and Mr. Sam Barbuzzi, Principal, GS Labs
JCK New Delhi 2006 is fully supported by key Indian and international jewellery bodies, with the Indian Gem & Jewellery Export Promotion Council appointed as Headline Sponsor, and Platinum Guild, World Gold Council and Diamond Trading Company as Show Sponsors.
Note to the Editor:
The JCK Show is the world’s leading trade show brand for the jewellery industry, which includes the flagship event, The JCK Show – Las Vegas. The JCK Events are designed to serve the worldwide jewelry industry by offering the most comprehensive and complete buying and selling opportunities on a business-to-business basis. Some other events produced by JCK in the fine jewelry industry include LUXURY by JCK and Swiss Watch by JCK.
Brands
Google nears Nvidia in race for world’s most valuable company
Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.
MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.
That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.
Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.
The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.
Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.
Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.
Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.
The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.
At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.
