For thousands of diamond traders, a new bourse in Surat promises to add to the shineGiven the scale of the development, the primary challenge was to enable easy navigation for large volumes of people within the trading-time...
29 Mar, 2019, 11.25 AM IST
DRI busts Rs 2,000-crore money laundering racket at diamond bourse, four heldThe racket was unearthed after the DRI recently conducted raids at the BDB at Bandra Kurla Complex (BKC) here following a tip off and inter...
13 Jul, 2018, 04.42 PM IST
Diamond houses want a government tab on rough synthetics tradeAs diamond houses try to step out of the shadow of a sensational scam that has rocked many high-street banks, they have urged the commerce ...
26 Feb, 2018, 08.08 AM IST
Natural diamond traders up in arms against lab diamond tradersTop ranking officials of the bourse warned members of strict action — including ouster and restricted trade relations — if they traded in t...
17 Mar, 2016, 05.44 AM IST
Government discussing plan to set up special zone for diamond import and trading in MumbaiThe government is discussing a plan to set up a special zone with tax benefits for diamond import and trading in Mumbai.
10 Oct, 2014, 03.52 PM IST
Government plans diamond hub in MumbaiGems & Jewelry Export Promotion Council's (GJEPC) estimates suggest that in volume terms, 85% of the global cutting work takes place in Ind...
10 Oct, 2014, 10.54 AM IST
Standard Chartered reducing diamond exposure; lenders demand extra collateral from diamantairesBesides rough diamond stock, lenders ask for fixed assets, cash margin and claim on receivables for extending credit facilities.
29 Sep, 2014, 04.07 AM IST
Surat may turn into diamond trade centre as Narendra Modi's ascent takes shapeAccording to the plan, over the next few weeks, a new entity, Surat Diamond Bourse, would be registered – positioning it against Bharat Dia...
16 May, 2014, 05.06 AM IST
Diamond merchants who hosted Narendra Modi in Mumbai, raided by IT says BJPRaj Purohit, former president of BJP's Mumbai unit, told reporters that eight to ten prominent diamond merchants were raided by I-T dept.
03 Oct, 2013, 08.28 PM IST
Narendra Modi says he will not be muzzled by CBI; calls Uddhav Thackeray his younger brotherA large number of BJP supporters gathered at the airport to greet him. Modi made an unscheduled brief speech at the Mumbai airport.
30 Sep, 2013, 10.21 PM IST
Diamond companies in a fix: Banks seek additional guarantees after sharp fall in property pricesDiamond industry sources said rough prices rose sharply in the first half of FY13, but were subsequently reduced by Anglo Dutch, buyer of D...
20 Jun, 2013, 09.10 AM IST
- MCHI-CREDAI property expo to showcase 15000 properties
Enriching the house-hunt experience, developer body MCHI-CREDAI has embarked on an ambitious four-day property exhibition from November 01,...
25 Oct, 2012, 04.53 PM IST
Property prices in Mumbai's prime spot Opera House continue to climb even as diamond traders move out of the hubDiamond exporters moved from Bhuleshwar in south Mumbai to Opera House during the ’60s and ’70s when the buildings came up.
03 Mar, 2012, 01.45 PM IST
- Mumbai terror attacks: Rocked by serial blasts, Mumbai diamond traders may shift to new bourse in Bandra
There is a feeling that majority of the trade may prefer to hasten their relocation to Bharat Diamond Bourse, 15km away in Bandra.
15 Jul, 2011, 02.53 PM IST
Mumbai terror attack: Chaos reigns in city's famous diamond hub Opera HouseIED ripped through a crowded lane in Opera House, workplaces of 5,000-6,000 diamond merchants, brokers, cutters and polishers of precious s...
15 Jul, 2011, 02.37 PM IST
Mumbai Terror Attacks: Diamonds worth Rs 25 crore went flying in the airMany workers, who knew that at least a few precious gems would be scattered in nooks and crevices, came to hunt for them.
15 Jul, 2011, 12.24 PM IST
- Bandra diamond bourse takes 510cr cover
This cover is exclusive of individual policies that will be taken by owners of the 2,500-odd offices that are coming up in the building.
24 Oct, 2010, 11.13 AM IST