Luxury

Kering owns the Yves Saint Laurent name; L’Oréal bought the beauty business in 2008 and runs it under licence. What that split means for Indian prices, importers and shade counts.

Omega belongs to the Swatch Group, which the Hayek family controls with a quarter of the capital and 43.6% of the votes. On the two references checked, the Indian price is about 8.7% below the American one before tax.

Rolex publishes a rupee price for every model. On a tax-stripped basis an Indian Rolex is about 20% cheaper than the same watch in Switzerland, and 18% cheaper than in the United States.

Tanishq built its name on letting you verify gold purity. It still will not tell you its making charge. What that costs you, and when the premium is worth paying.