National News
Tiffany & Co. Acquires Historic Titanic Pocket Watch for $1.97 Million
Tiffany & Co. has set a new record with the acquisition of a rare 18k gold pocket watch for $1.97 million. The timepiece, once owned by Captain Arthur H. Rostron of the RMS Carpathia, was a gift from three Titanic survivors—Mrs. John B. Thayer, Mrs. John Jacob Astor, and Mrs. George D. Widener—who expressed their gratitude for his heroic efforts in rescuing passengers after the Titanic sank.
The pocket watch, purchased from Henry Aldridge and Son Ltd., is engraved with a heartfelt message from the survivors and features the monogram “AHR” on its caseback. This historic artifact honors Captain Rostron’s courage and pivotal role in saving hundreds of lives. Christopher Young, Vice President of Creative Visual Merchandising at Tiffany & Co., emphasized the significance of the acquisition, stating that it highlights the brand’s long-standing connection to history and its role in the luxury world.
National News
GJEPC Represents Mumbai’s GJ Sector At ODOP Award Assessment
GJEPC Presented An Overview Of Mumbai Suburban’s GJ Industry, Highlighting Its Contribution To Exports, Employment Generation, MSME Development
GJEPC participated in the Government of Maharashtra’s One District One Product (ODOP) Award 2025 assessment on 25 June 2026, representing the gems and jewellery sector as Mumbai Suburban District advanced to the first stage of the award process.
As part of the second-stage physical verification, officials from the Department for Promotion of Industry and Internal Trade (DPIIT) reviewed the district’s performance under the ODOP initiative. GJEPC presented an overview of Mumbai Suburban’s gems and jewellery industry, highlighting its contribution to exports, employment generation, MSME development, and Maharashtra’s industrial economy.
As part of the verification process, the DPIIT delegation is also scheduled to visit SEEPZ, Mumbai, to assess the district’s manufacturing and export ecosystem and gain first-hand insight into the sector’s capabilities.
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