Latest news with #BSM
Fashion Value Chain
6 days ago
- Business
- Fashion Value Chain
PGI India's Buyer-Seller Meet 2025 Ignites Fresh Momentum for Platinum in India's Jewellery Market
Platinum Guild International (PGI) India concluded the 2025 edition of its annual Platinum Buyer-Seller Meet (BSM) on a high note in Kochi, bringing together leading industry voices right from key manufacturers to major jewellery retail partners from across the country. The event continued its legacy as a key platform for platinum jewellery manufacturers and retailers to collaborate on maximizing platinum's business potential, unlocking lucrative business opportunities, and highlighting its value proposition to consumers, especially with the upcoming festive and wedding season. Platinum Buyer Seller Meet 2025 This year's meet, hosted at the Grand Hyatt, Kochi, brought together 60 retailers & 14 manufacturers, making it one of the most well-attended and dynamic BSM editions to date. The event served as a forum for partner retailers and manufacturers across PGI's deep and wide national networks to collaborate on plans for the coming year, showcasing new collections, innovations in design and technology, and sharing best practices. The collections showcased across PGI's three signature brands, Platinum Love Bands, Platinum Evara, and Men of Platinum, enabled retailers to place orders and stock up in preparation for the season. These will be launched across partner retail stores and will be supported by integrated marketing campaigns going live across the upcoming buying season, energizing the market and catalyzing platinum jewellery sales to an increasingly aspiring consumer base. Set against the backdrop of shifting global markets and increasing interest from younger, new-age consumers, the 2025 edition of the BSM was designed with a strong focus on success, innovation and growth. PGI India's overarching goal was to position platinum as the metal of choice for modern Indian consumers through bold designs, differentiated product innovation, and insight-led marketing strategies. The strong retailer response and significant order volumes reflect not only the event's effectiveness in unlocking platinum's business potential, but also the positive market outlook towards platinum, further driven by its competitive pricing under present market conditions. At the event, strategic sessions led by PGI India leadership outlined the evolving platinum narrative in the Indian jewellery market. From marketing innovations and compelling brand storytelling to retailer-exclusive collections and bi-metal design strategies, PGIs approach emphasized consistent category growth and long-term profitability. Tim Schlick – Chief Executive Officer, Platinum Guild International, shared his thoughts on the 2025 Platinum Buyer-Seller Meet: 'The 2025 Buyer-Seller Meet marks an inflection point for platinum in India. We are seeing a convergence of favourable market dynamics-rising consumer aspiration, product innovation, and strong retailer commitment. This platform reflects our continued investment in building a future-ready platinum category, one that responds to India's evolving design sensibilities and generational shifts. At PGI, we remain focused on unlocking long-term value through strategic partnerships, differentiated storytelling, and business models that grow with the consumer. The energy and engagement at this year's meet reaffirm that platinum's growth story in India is just beginning.' Vaishali Banerjee, Head of Global Market Development and Managing Director – India & ME,Platinum Guild International, said, 'With each passing year, the Platinum Buyer-Seller Meet deepens our industry connections and reinforces platinums strategic place in the Indian jewellery landscape. It's inspiring to see the energy, commitment, and innovation our partners bring to the table. This event is part of PGI's commitment to building a movement around modern jewellery for modern India, that caters to the evolving demands of the new age consumer.' Pallavi Sharma, Deputy Country Manager – India & ME, Platinum Guild International said, 'This year, we placed a strong emphasis on leveraging the business opportunity to bring platinum to new groups of consumers due to its competitive market pricing, and we expect to induct new audiences into the world of platinum as a result of changing consumer preferences and trends. Our priority is to enable our partners to win in a highly competitive market, by helping them deliver true consumer value with platinum.' The 2025 edition reaffirmed PGI Indias commitment to unlocking platinum jewellery's full potential through innovation, collaboration, and consumer-led strategies. It served as a powerful catalyst in strengthening business confidence across PGI's retail and manufacturing network. As the festive and wedding season approaches, the event set a decisive tone for a successful quarter, energizing partners with a renewed focus on design excellence and profitability. With an invigorated network of partners, platinum continues to chart a strong growth trajectory in India's evolving consumer jewellery landscape. About Platinum Guild International (PGI) Platinum Guild International (PGI) is a marketing organisation with the vision to develop the global platinum jewellery market as a new demand source for platinum. It was formed in 1975 with specialist teams dedicated to growing the global platinum jewellery market through consumer and trade-facing programmes in the four key jewellery markets of China, India, Japan and USA. Since then, jewellery development has demonstrated a strong track record in delivering results. Through various programmes, both direct-to-consumer and in collaboration with jewellery retailers and manufacturers, PGI creates consumer-ounce demand by first identifying opportunities for platinum in jewellery, and then developing them with partners. It also aims to build an enduring commitment to platinum in jewellery. PGI's consumer marketing and educational programmes are focused on developing awareness and an appreciation for platinum's unique properties as a precious metal for fine jewellery. In addition, PGI works globally with collaborative partners running extensive marketing programmes in the four main platinum jewellery markets of China, Japan, USA and India. These markets are staffed with strategic planning, marketing, retail, design, and business development experts. PGI is funded by the leading platinum producers of South Africa, as well as through co-funded programmes with the jewellery industry. Purity Assurance Program PGI has partnered with TUV India Pvt Ltd to implement a robust audit programme to ensure the purity of platinum under its programme. TUV is one of the country's first certification bodies and has been closely associated with the quality revolution in India. Under Platinum Guild India's quality assurance programme, each piece of jewellery has an assured purity as high as 95%. And as proof of this assurance, every piece is stamped 'Pt950' and comes with a tamper-proof quality assurance card that distinguishes authentic platinum from other jewellery. A Unique Identification Number is also stamped on the jewellery in addition to the detailed description of the piece you choose for yourself. Our quality assurance programme is in place to ensure transparency and that the platinum the consumer buys is of the highest quality. After all, that is what true value is all about.
Kuwait Times
6 days ago
- Business
- Kuwait Times
Indian mango festival showcases uncommon varieties in Kuwait
KUWAIT: Kuwait ranks among the top five importers of Indian mangoes, with trade valued at $3 million last year, according to Indian Ambassador to Kuwait Dr Adarsh Swaika. His remarks came during a buyer-seller meet (BSM) hosted at the Kuwait Chamber of Commerce and Industry (KCCI) on Thursday. The event aimed to strengthen agri-food trade between the two countries by introducing new varieties of Indian mangoes and other value-added agro-products to the Kuwaiti market. KUWAIT: Businessmen interact with vendors during a buyer-seller meet (BSM) hosted at the Kuwait Chamber of Commerce and Industry (KCCI) on Thursday. Indian Ambassador to Kuwait Dr Adarsh Swaika attends the event aimed at introducing new varieties of Indian mangoes and other value-added agro-products to the Kuwaiti market. While varieties such as Alphonso, Badami, and Sindoori are already well-known in Kuwait, Ambassador Swaika emphasized the festival's goal of spotlighting lesser-known yet premium varieties from the Indian states of Uttar Pradesh—the country's largest mango-producing state—and West Bengal. Among the featured fruits were Chausa, Mallika, Amrapali, Dussheri, Langra, and the distinctive Fazli mango, which holds a Geographical Indication (GI) tag for its unique origin and characteristics. The promotional campaign was organized by the Embassy of India in Kuwait in collaboration with the Agricultural and Processed Food Products Export Development Authority (APEDA). A ten-member delegation of Indian exporters participated in the two-day program from Wednesday to Thursday, which included retail activations, B2B meetings, and public outreach events. One of the highlights was Mango Mania, a large-scale showcase held at Lulu Hypermarket in Al Rai, where shoppers sampled an array of mangoes flown in specially for the occasion. On Thursday, the Mango Festival at The Avenues mall drew a diverse crowd including Kuwaiti officials, foreign diplomats, members of the Indian diaspora, business leaders, and families. Visitors enjoyed live tastings and a curated menu of Indian mango-based recipes, celebrating India's rich culinary heritage. From July 25–27, the campaign continues across branches of the popular Indian restaurant chain Asha's, further promoting mango appreciation among local and expatriate diners in Kuwait.
The Print
6 days ago
- Business
- The Print
India–UK FTA a game-changer for engineering exports: EEPC
India's engineering exports to the UK, its sixth-largest destination, stood at USD 4.28 billion in FY25, accounting for just 2.2 per cent of the UK's total engineering imports. Terming it as a 'landmark achievement,' EEPC India noted that the FTA's removal of tariffs—previously as high as 18 per cent on key engineering items—will unlock substantial opportunities for Indian manufacturers, particularly in high-growth sectors such as electrical machinery, auto components, industrial equipment, and construction machinery. Kolkata, Jul 24 (PTI) The signing of the India-UK Free Trade Agreement (FTA) marks a breakthrough for Indian engineering exports and is poised to significantly deepen bilateral economic ties, the engineering exporters' body EEPC India said on Thursday. The trade pact is expected to nearly double this figure to over USD 7.5 billion by 2029–30, the apex body said in a statement. 'This is a timely and strategic breakthrough that will energise our engineering sector. It opens new opportunities for exporters, especially MSMEs, and strengthens our position in global value chains,' said EEPC India Chairman Pankaj Chadha. The organisation believes this comprehensive trade pact with a major developed economy could serve as a template for future FTAs with other trading blocs and nations, supporting India's broader goal of reaching USD 250 billion in engineering exports by 2030. Meanwhile, aided by higher shipments of iron and steel, internal combustion engines, and two- and three-wheelers, India's engineering goods exports returned to growth in June 2025, rising 1.35 per cent year-on-year to USD 9.5 billion. Cumulative exports in April-June (Q1 FY26) stood at USD 28.91 billion, up from USD 27.89 billion in the same period last year. PTI BSM NN This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Yahoo
16-07-2025
- Business
- Yahoo
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Second Quarter 2025 Results
HOUSTON, July 16, 2025--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone," "BSM," or "the Partnership") today declared the distribution attributable to the second quarter of 2025. Additionally, the Partnership announced the date of its second quarter 2025 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.30 per common unit attributable to the second quarter of 2025. Distributions will be payable on August 14, 2025, to unitholders of record on August 7, 2025. The distribution reduction primarily results from a slower than expected increase in natural gas production, particularly in the Haynesville/Bossier play. The Partnership remains focused on its long-term growth strategy consistent with the recently announced development agreements in Shelby Trough and believes that the current environment presents attractive opportunities to continue its targeted mineral acquisition strategy. The Partnership expects to announce distribution coverage of approximately 1.18x for the second quarter and to deploy the excess cash to make acquisitions that build on strategic advantages associated with the unique asset base that distinguishes Black Stone from its peers. Thomas L. Carter, Jr., Black Stone Minerals' Chairman, Chief Executive Officer, and President, commented: "In the wake of slower natural gas production increases, particularly in the Haynesville, we are maintaining our commitment to a prudent, returns-based commercial strategy focused on disciplined capital deployment while maintaining financial flexibility. We remain excited by the long-term outlook for natural gas and the growth we expect our asset base to generate, which combines a large, diversified portfolio of mineral and royalty interests across the Lower 48 with substantial inventory, development agreements, and higher net interests in the expanding Haynesville. Furthermore, the Partnership believes that its assets will provide meaningful supply to support growing global demand for liquefied natural gas. The Board of Directors and management team remain focused on capital discipline and its targeted commercial strategy that capitalizes on our asset base to maximize distributions while maintaining a strong balance sheet. We are confident in our path to grow production and distributions as the projected growth in natural gas production materializes across our asset base and look forward to providing more detail in our August 4th earnings announcement and on the August 5th earnings call." Earnings Conference Call The Partnership is scheduled to release details regarding its results for the second quarter 2025 after the close of trading on August 4, 2025. A conference call to discuss these results is scheduled for August 5, 2025, at 9:00 a.m. Central time (10:00 a.m. Eastern time). The conference call will be broadcast live in listen-only mode on the BSM investor relations website at If you would like to ask a question, the dial-in number for the conference call is (800) 715-9871 for domestic participants and (646) 307-1963 for international participants. The conference ID for the call is 8003975. Call participants are advised to call in 10 minutes in advance of the call start time. A replay of the conference call will be available approximately two hours after the call through a link on BSM's investor relations website. About Black Stone Minerals, L.P. Black Stone Minerals is one of the largest owners of oil and natural gas mineral interests in the United States. The Partnership owns mineral interests and royalty interests in 41 states in the continental United States. Black Stone believes its large, diversified asset base and long-lived, non-cost-bearing mineral and royalty interests provide for stable to growing production and reserves over time, allowing the majority of generated cash flow to be distributed to unitholders. View source version on Contacts Black Stone Minerals, L.P. Contacts Taylor DeWalchSenior Vice President, Chief Financial Officer, and TreasurerTelephone: (713) 445-3200investorrelations@ Sign in to access your portfolio
Business Wire
16-07-2025
- Business
- Business Wire
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Second Quarter 2025 Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ('Black Stone,' 'BSM,' or 'the Partnership') today declared the distribution attributable to the second quarter of 2025. Additionally, the Partnership announced the date of its second quarter 2025 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.30 per common unit attributable to the second quarter of 2025. Distributions will be payable on August 14, 2025, to unitholders of record on August 7, 2025. The distribution reduction primarily results from a slower than expected increase in natural gas production, particularly in the Haynesville/Bossier play. The Partnership remains focused on its long-term growth strategy consistent with the recently announced development agreements in Shelby Trough and believes that the current environment presents attractive opportunities to continue its targeted mineral acquisition strategy. The Partnership expects to announce distribution coverage of approximately 1.18x for the second quarter and to deploy the excess cash to make acquisitions that build on strategic advantages associated with the unique asset base that distinguishes Black Stone from its peers. Thomas L. Carter, Jr., Black Stone Minerals' Chairman, Chief Executive Officer, and President, commented: 'In the wake of slower natural gas production increases, particularly in the Haynesville, we are maintaining our commitment to a prudent, returns-based commercial strategy focused on disciplined capital deployment while maintaining financial flexibility. We remain excited by the long-term outlook for natural gas and the growth we expect our asset base to generate, which combines a large, diversified portfolio of mineral and royalty interests across the Lower 48 with substantial inventory, development agreements, and higher net interests in the expanding Haynesville. Furthermore, the Partnership believes that its assets will provide meaningful supply to support growing global demand for liquefied natural gas. The Board of Directors and management team remain focused on capital discipline and its targeted commercial strategy that capitalizes on our asset base to maximize distributions while maintaining a strong balance sheet. We are confident in our path to grow production and distributions as the projected growth in natural gas production materializes across our asset base and look forward to providing more detail in our August 4 th earnings announcement and on the August 5 th earnings call.' Earnings Conference Call The Partnership is scheduled to release details regarding its results for the second quarter 2025 after the close of trading on August 4, 2025. A conference call to discuss these results is scheduled for August 5, 2025, at 9:00 a.m. Central time (10:00 a.m. Eastern time). The conference call will be broadcast live in listen-only mode on the BSM investor relations website at If you would like to ask a question, the dial-in number for the conference call is (800) 715-9871 for domestic participants and (646) 307-1963 for international participants. The conference ID for the call is 8003975. Call participants are advised to call in 10 minutes in advance of the call start time. A replay of the conference call will be available approximately two hours after the call through a link on BSM's investor relations website. About Black Stone Minerals, L.P. Black Stone Minerals is one of the largest owners of oil and natural gas mineral interests in the United States. The Partnership owns mineral interests and royalty interests in 41 states in the continental United States. Black Stone believes its large, diversified asset base and long-lived, non-cost-bearing mineral and royalty interests provide for stable to growing production and reserves over time, allowing the majority of generated cash flow to be distributed to unitholders.
