This Akshay Tritiya, Kalyan Jewellers to sell gold online due to lockdown
Bengaluru: With stay-at-home becoming the new normal, traditions are becoming increasingly challenging to practice. Akshaya Tritiya, one of the most auspicious days of the Hindu calendar, known to bring good fortune, prosperity and luck, being one of them. With enquires about purchasing gold this day of Akshaya Tritiya increasing, Kalyan Jewellers has announced the launch of its Gold Ownership Certificate that can be purchased on the website on or before Akshaya Tritiya. Customers can purchase gold from 2 grams upwards, and the Gold Ownership Certificate will be sent to them on the day of Akshaya Tritiya via email / WhatsApp or other customer recommended platforms.
The Gold Ownership Certificate will indicate that the person now owns gold of a certain grammage/value, thus fulfilling the tradition of Akshaya Tritiya – which is about buying gold on that auspicious day. Once the lockdown is lifted, the customer can redeem their Gold Ownership Certificate against physical gold, in the form of jewellery or coins, on or before December 31, 2020. As the rate protection offer is also included in this certificate, customers get the additional benefit of protection against price fluctuations. If on the day of redemption, the price of gold is lower, then that rate will apply.
Speaking about this programme Mr. T S Kalyanaraman, Chairman and Managing Director, Kalyan Jewellers said, “This is the first time in decades that we are in a state of lockdown during the Akshaya Tritiya period. Over the past 25 odd years, we have developed a regular set of clientele who purchase gold on Akshaya Tritiya from our showrooms. It is a tradition that they follow every year. This time around, owing to the extension of the lockdown, our social media channels and customer relationship managers, are flooded with queries about purchasing gold on the auspicious day. This has promoted us to come up with a solution, to best serve our customers’ needs. While we know that this temporary solution of Gold Ownership Certificate is no match for the real thing, we are happy that we will be able to keep tradition going.”
While the brick-and-mortar showrooms will remain shut on Akshaya Tritiya, customers can avail this newly launched facility to purchase gold. This facility will be available on https://at.kalyanjewellers.net/goc from 21st April, 2020. Simply log in, choose the city of redemption, and buy. The option of off-setting the Gold Ownership Certificate against jewellery of the same grammage/value, might also be a very attractive proposition for families who had planned to buy some of their bridal jewellery on Akshaya Tritiya.
Kalyan Jewellers has also tied up with multiple banks to ensure that the customers extract additional benefits on their credit card purchases.
About Kalyan Jewellers:
Headquartered in Thrissur in the state of Kerala, Kalyan Jewellers is the largest jewellery manufacturers and distributors in India. The company draws from its strong roots of over a century in the business of textile trading, distribution and wholesaling. Starting with the first jewellery showroom in 1993, Kalyan Jewellers has enjoyed a long-standing presence in the Indian market for over two decades. It has set industry benchmarks in quality, transparency, pricing and innovation. Kalyan offers an array of traditional and contemporary jewellery designs in gold, diamonds and precious stones catering to the distinct needs of the customers. Kalyan Jewellers has more than 140 showrooms across West Asia and India.
For more information, please contact:
Kartik Behl: +91-9004333899 – kartik.behl@adfactorspr.com
Ekta Nainani: +91-9930738816 – ekta.nainani@adfactorspr.com
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Toll charges across Karnataka to rise by up to 5% from April 1
Bengaluru: Vehicle users across Karnataka will pay higher toll charges from April 1, with rates set to increase by 3–5 per cent as part of the annual inflation-linked revision. The revised fares are expected to be formally notified in the coming days.
A senior official from the National Highways Authority of India (NHAI) was quoted by Decan Herald as saying that the hike is linked to the Wholesale Price Index (WPI) and will apply to nearly all toll plazas in the state. Around 10 toll plazas, however, will see revised rates later in the year, from September 1.
The official explained that the increase is calculated in line with the WPI and then rounded off. “If the hike works out to ₹2.5 or more, it will be rounded off to ₹5,” he said.
The Bengaluru-Mysuru Expressway which was inaugurated in 2023, will see revised rates in toll plazas of Kaniminike and Sheshagirihalli on the Bengaluru-Mysuru stretch, Bagepalli on the Bengaluru-Hyderabad highway, Sadahalli on the Bengaluru Airport Road, Nangli on the Bengaluru-Tirupati route along with Hulikunte and Nalluru Devanahalli on the Satellite Town Ring Road.
K B Jayakumar, Project Director, NHAI, told Deccan Herald that the revision has been carried out in accordance with the National Highways Fee (Determination of Rates and Collection) Rules, 2008. “Toll charges at all public-funded plazas will be increased in accordance with the 2008 Fee Rules. This happens at the start of every financial year,” he said.
He added that in Build-Operate-Transfer (BOT) toll plazas where operations commenced before 2008, the National Highways Fee (Determination of Rates and Collection) Rules, 1997 apply, allowing fare revisions at other times during the financial year. A maximum hike of five per cent is expected.
Jayanth Reddy, a resident of Whitefield who frequently travels to Mysuru for work, told Deccan Herald that has witnessed multiple toll revisions since it became operational and the recurring hikes add to the burden on the costliest routes in the state. “A toll charge of ₹180 for one-way travel is already quite high,” he said.
Travel operators also expressed concern. Santosh, who runs a travel agency, said passengers travelling from Bengaluru to Kerala are particularly affected. “We pass on the entire toll charge to customers. At present, the total toll for a road trip ranges between ₹2,000 and ₹3,000,” he said.
