Business Sphere

Quality Par Excellence in the Jewellery Business

- By Our Correspond­ent

Diamond is a woman’s best friend. Going by this logic, it should be a m-an’s worst enemy. However, this does not seem to be the case with the powers-thatbe at Manohar Lal Saraf and Sons Jewellers Pvt. Ltd. In fact, as the matter stands, this company deals with Diamond, Gold, Platinum and Silver Jewellery. Having begun its ornament odyssey in Meerut, this enterprise spun off way back in 1928 with an initial investment of one lakh rupees. Incidental­ly, the showroom in Noida is taken care of by Mr. Sudhir Singhal, Director, and his son, Mr. Vibhor. Having being conferred with the UP Ratna Award in 2010 is one of the credible achievemen­ts of Mr. Singhal. Happily enough, the top management at this jewelleryo­riented organizati­on has “no complaints in quality standards or grievances against the rules and regulation­s of the government regarding their work arena.” The primary forte of this unit is that it has “twelve members who have successful­ly completed the course in Diamonds and Gemology from GIA.” Having logged a turnover of about Rs 200 crore in 201819, this company strictly believes in delivering “Hallmark certified jewellery and no spurious stuff.” Thus, there is no scope of any kind of foul play in the quality of the articles produced by Manohar Lal Saraf and Sons Jewellers Pvt. Ltd. Having a workforce of above 300 employees in its sales and marketing division is a tactic employed at this firm to maximize its revenues. Even as of the present day, the firm has two outlets in Meerut which are

headed by Mr. Vivek Shekhar, the eldest of the Four Brothers who trail- blazes this jewellery outfit. Mr. Himanshu Shekhar and Mr. Prabhat Shekhar take care of the Delhi-based operations.

The company has managed an employee retention rate of close to 80% in all these years of operation. The real matter in this line of work is that one should be willing to work round-the-clock and for 365 days in a year. Says Mr. Sudhir Singhal simply, “our area of work is such that a person who is totally committed to his business should be ready to put in 24x7 of work all the way through.” This is a tough call, no doubt. Anyone and everyone can say that jewellery as a business is not a simplistic affair. Plus, the time around festivals becomes all the more hectic for all those who are diehard jewellery loyalists. Their work increases multiple folds at such times. As is obvious, jewellery business is of the nature that “one can earn more if one spends more number of hours working. It is as simple as that.” There are those who work eight hours a day. However, those who work ten to twelve hours a day achieve double of the former’s end results. In addition, you end up earning far more if you are working fourteen hours a day.

The vagaries of this profession are such that the above-mentioned dynamics needs to be looked into before one steamrolls into this domain as a career. Interestin­gly, this company has nodal outlets in Faridabad, Defence Colony, Pitampura, Preet Vihar, and Indirapura­m in Delhi NCR. As touched upon before, sheer hard work and an ability to deal with all kinds of clients are the essential criteria of being able to run successful jewelry businesses. These qualities are available abundantly in the work team at Manohar Lal Saraf and Sons Jewellers Pvt. Ltd. In fact, excellence in the department of good public relations and mastering the art of being able to convince a diverse range of customers about the authentici­ty and the value of the ornaments being sold is a

done criterion with the staff at this company.

These are the basic reasons why the staff has enjoyed a long innings with the company and are treated as filial members of the management cadre here.

The jewelry trade, one of the oldest commercial enterprise­s in the world, belongs to a unique league. Here, it is the capacity to harmonize with clients and customers which helps in increasing sales end-lines. If the marketing personnel do not come across as well-meaning people who can trustfully guide the customers, the sales of the unit will automatica­lly decline and may even nosedive. Thus, it requires a certain kind of personalit­y and a flair for marketing with pleasantne­ss which rules the roost here. This certainly seems the true characteri­stic of everyone at Manohar Lal Saraf and Sons Jewellers Pvt. Ltd. And this could be the reason for this company being at the forefront of its spectrum of work in its niche arena. Mr. Singhal believes that hard work, god’s grace and destiny have all played a role in carving out this success story.

The Mumbai sessions court on Friday rejected the bail applicatio­ns of Rhea Chakrabort­y and her brother Showik Chakrabort­y, arrested in a drug case linked with actor Sushant Singh Rajput's death. Rhea has been charged under the Narcotic Drugs and Psychotrop­ic Substances (NDPS) Act for her alleged role in the drugs angle that emerged during the investigat­ion into the death of Sushant.

The court has dismissed all 6 bail pleas in the drugs case, according to reports.

She was arrested on after a threeday rigorous interrogat­ion session by the Narcotics Control Bureau (NCB) while her brother Showik was taken into custody last week along with two of Sushant's close aides. Rhea Chakrabort­y has submitted a bail applicatio­n in a local court claiming that she is being falsely implicated in the case.

The NCB launched an investigat­ion after it received official communicat­ion from Enforcemen­t Directorat­e (ED), in which there were various chats related to drug consumptio­n, procuremen­t, usage and transporta­tion in connection with the Sushant Singh Rajput case. Another important detail which has been reported is that during the lockdown period, a courier was sent from Sushant's house to Rhea's residence through a courier. Dipesh Sawant had allegedly given the parcel from Sushant's house to the courier boy and at to be delivered at Rhea's place. In order to evade suspicion, some household items were also packed in that courier packet along with buds (drug). The packet of buds was sent through a courier so that it doesn't get caught during police checks amid lockdown.

Showik took the courier from the courier boy, according to sources. The parcel carried half a kilo buds in it and this courier was sent sometime in the month of April.

All the six accused are likely to move the Bombay High Court shortly for bail. Until further relief, Rhea -- who was arrested on Tuesday and sent to judicial custody till September 22 -will remain in the Byculla Jail. A special court in Mumbai is likely to pass an order today on the bail pleas of Rhea Chakrabort­y and her brother Showik, arrested in connection with a drugs case linked to her boyfriend and actor Sushant Singh Rajput's death. Also according to sources, during her interrogat­ion with the NCB, Rhea Chakrabort­y had revealed a few names of Bollywood celebritie­s who consume and procure drugs. As many 15 B-Towners are now on NCB radar, and it has been learnt that they belong to the B-category of actors.

 ??  ?? Sudhir Singhal, Director
Sudhir Singhal, Director
 ??  ?? Himanshu Shekhar, Director
Himanshu Shekhar, Director
 ??  ??
 ??  ?? Vibhor Goel, Director
Vibhor Goel, Director
 ??  ?? Abhishek Goel, Director
Abhishek Goel, Director
 ??  ??

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