Bengaluru, April 18: Hundreds of customers, especially women, made a beeline to gold and jewellery shops across the city on Wednesday to buy the glittering ornaments for celebrating Akshaya Tritiya festival.
"We have seen 10-15 per cent spike in sales due to Akshaya Tritiya and about 20 per cent increase in footfalls through the day, forcing us to keep our showroom open till 11 p.m.," Malabar Gold & Diamonds manager Dileep told IANS here.
Aware of the sentiment attached to the auspicious occasion and the belief that buying gold on Akshaya Tritiya augurs well and brings fortune through the year, leading jewellery stores offered discounts, gifts, freebies and reduction in making charges to lure more customers and spur sales.
"The response has been in line with our expectations this time and more than last year when sales were affected by demonetisation and GST subsequently. Our sales pitch also helped us in drawing more customers," said Dileep.
Though the day began with a few hundred customers showing up till afternoon, jewellery stores across the city witnessed steady footfalls by evening and heavy rush during the peak shopping hours.
"The footfalls were heavy on Tuesday evening and picked up on Wednesday post-noon. As more customers came to our stores later in the evening, we decided to remain open till 10.30 p.m.," a Joyalukkas salesperson told IANS.
A sales manager of Navarthan Jewellers, which has six stores across the city, told IANS that prices of select gold ornaments have gone up to Rs 33,370-33,760 per 10 gm of 24 karat as demand surged after 4 p.m.
"Diamond jewellery is in good demand this time. Sales of bangles, necklaces and jhumkas also picked up during the day. Designer ornaments are preferred by young and middle age customers, mostly women," said the manager.
Admitting that even young and modern women were of the belief that buying gold on Akshaya Tritya augured well and did not want to miss the occasion, the manager said average age of such customers was between 20-40 years.
"As we showcase a range of ornaments, in gold, platinum and silver with or without diamonds, we also get customers who are young, trendy, studying or working. They look for both modern and traditional designs."
Retail price of 22 karat has also shot up to Rs 31,100 in branded stores like Kalyan Jewellers, P.C. Chandra Jewellers and Krishnaiah Chetty & Jewellers in the central business district.
"We performed well on Akshaya Tritiya compared to previous years, as the growth was much higher than expectation and jewellery sales growth was encouraging," said Tanishq Vice-President (marketing & retail) Sandeep Kulhalli.
Coinciding with the festive season, many customers also bought wedding jewellery. The overall customer sentiment was positive in metros and the pick-up was also good in non-metros in line with expectations.
Average retail prices were in the range of Rs 32,011-32,570 per 10 gm for 24 karat and Rs 29,350-29,780 per 10 gam for 22 karat.
"Retail prices range depending on the locality of the gold and jewellery shops, with branded stores and showrooms quoting on higher side," a bullion trader told IANS.
Bullion rates in the city were Rs 31,358 per 10 gm for 24 karat gold and Rs 29,320 per 10 gm for 22 karat, while silver 999 was Rs 31,358 per kg.
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UAE ‘Sahebaan’ Family Get-Together brings together over a thousand community members in Dubai
Dr Safwan, Mateen Chilmbi, Shafi Shaban, Iqbal Manna conferred with ‘Sahebaan Excellence Awards’
Dubai: Dubai witnessed a grand and vibrant celebration as UAE ‘Sahebaan’ organised its annual Family Get-Together on January 10, Saturday at the Al Khisais Amity School campus. The day-long event, held from 10 am to 9 pm, brought together families, children and community members in large numbers.
The programme featured a wide range of competitions, entertainment activities and cultural events throughout the day. UAE ‘Sahebaan’, a collective representing the Sahebaan community within the Urdu-speaking Muslim population from Dakshina Kannada and Udupi districts, has been consistently organising the Family Get-Together in Dubai every year with great enthusiasm and scale. This year’s event was marked by the participation of over a thousand people, including children and families, making it particularly special.
Sahebaan Excellence Awards presented
As part of the programme, the annual Sahebaan Excellence Awards were presented to individuals who have excelled in various fields. The awards were conferred by chief guests and dignitaries including noted NRI businessman and social worker K.S. Nissar Ahmed, owner of Nash Engineering, Dubai; UAE Sahebaan coordinator H.M. Afroz Assadi; and special guest K.S. Imthiyaz Ahmed, President of KMES Educational Institutions, Karkala.
The Sahebaan Academic Excellence Award was presented to Dr. Safwan Ahmed, a neurologist based in Doha, Qatar. The Sahebaan Business Excellence Award was conferred on Mateen Ahmed Chilmbi, Managing Director of Petrosolutions, Dubai. The Sahebaan Sports Excellence Award was given to Mohammed Shafi Shaban for his contribution to sports promotion, while the Sahebaan Community Service Award was presented to social worker Mohammed Iqbal Manna from Udupi.
On the occasion, K.S. Nisaar Ahmed, H.M. Afroz Assadi and K.S. Imthiyaz Ahmed, Karkala, were also felicitated. Several other eminent personalities were honoured, including Nazimuddin (Nazim) Mohammed, President of Petro Gas Piping, Dubai; Yaseen Malpe, Founder Director of Vartha Bharati; Udupi District Rajyotsava awardee Dr. Sheikh Wahid Dawood; former Jamiat-ul-Falah president Abdul Latheef Saheb; Mumtaz Hussain and Ashfaq Ahmed from Qatar; and Abdul Azeez Udyavar.
Academic Excellence Awards for students
Students from the Sahebaan community residing in the UAE who achieved outstanding academic and sports performance were recognised with Academic Excellence Awards. The awards were presented by H.M. Afroz Assadi along with women organisers Farveen Assadi and Reena Altaf.
Razeena Beg (91%), a native of Vitla studying at Mayoor Private School, Abu Dhabi; Anam Aslam (95.30%), a native of Mangaluru studying at Our Own English High School, Sharjah; Mohammed Ibrahim (90.50%), a native of Udupi studying at GEMS Our Own English High School, Sharjah; Ameerah Qazi Abdul Khader Qazi (96.60%), a native of Gangolli studying at The Central School, Dubai; Simrah Khan Nadeem (91.20%), a native of Mangaluru studying at Al Ameer English School, Ajman; and Nuha Riyaz Khalife from Ras Al Khaimah Medical and Health Sciences University, a native of Mangaluru, were honoured with the Academic Excellence Award for securing high marks in the 10th standard.
In sports, Mohammed Aiz, a football player from GEMS Legacy School, Dubai, a native of Mangaluru, was congratulated and presented with the Sports Excellence Award by the dignitaries present at the ceremony.
Financial assistance announcement
On the occasion, K.S. Nissar Ahmed announced financial assistance for Sahebaan community students who are unable to pursue higher education after PUC due to economic constraints. He also announced financial support for the marriage of underprivileged girls from the community. This was informed by Althaf M.S. of the Sahebaan community.
Day-long sports and cultural activities
Various sports competitions and recreational activities were organised throughout the day for senior citizens, youngsters, women and children. Participants enthusiastically took part, sharing moments of joy and togetherness.
The event included cooking competitions, quizzes, fun games for all age groups and several entertaining contests that drew large participation. Hundreds took part in these activities, making them a major attraction.
The evening cultural programme began with Quran recitation by Haroon Naveed, followed by an Islamic Nasheed sung by 22 children. A special ‘Teddy & Me’ performance by 16 young children delighted the audience, while a children’s Qawwali performance received warm appreciation. The programme also featured the national anthem, a children’s skit, and prize distribution to winners of various competitions.
Videos highlighting the journey of the Sahebaan organisation and the contributions of K.S. Nissar Ahmed, noted businessman Hidayatullah Abbas, Chairman of the Hidayath Group, and H.M. Afroz Assadi was screened. Gifts and raffle draw prizes were also distributed during the event.
Organisers and anchoring
The event was organised with the support of Alhtaf M.S., Akram, Ajmal Mohammed, Althaf Khalifa, Mohammed Sameeullah, Suhail Kudroli, Mohammed Asif, Nayeem Khan, and women organisers Farveen Assadi, Reena Althaf and Sahar Asif.
Althaf M.S. delivered the welcome address, while Ajmal Mohammed proposed the vote of thanks. The entire day’s programme was smoothly compered by Hisrar Tallani from Mangaluru and Aliya Imtiyaz Khan.
The UAE ‘Sahebaan’ Family Get-Together concluded on a note of unity, celebration and community bonding.
