G7 has no problem with India buying Russian diamond, but there's a catchThe communication is a breakthrough for domestic diamantaires as G7's sanctions on Russian stones have been a setback for the nearly 1.5 mi...
03 Oct, 2023, 01.22 PM IST
Indian diamond traders may get loans from Russian banks to buy diamonds from ALROSARussian banks have started granting loans to ALROSA's foreign clients for the purchase of rough diamonds. This will help the Indian diamond...
04 Feb, 2020, 10.25 PM IST
PNB fraud: ED attaches over Rs 218-cr assets of Mehul Choksi, othersThe ED is probing this case along with the CBI where it is alleged that Nirav Modi and Choksi defrauded the Brady House branch of the PNB.
17 Oct, 2018, 07.48 PM IST
'Nirav Modi fled Hong Kong in February, moved to US via UK'A government investigation has revealed that Nirav, wanted in Rs 13,578 crore PNB fraud, after fleeing from Hong Kong, stayed in London for...
27 Apr, 2018, 12.50 PM IST
How the Nirav Modi scandal will affect diamantairesToday the diamond industry is worried. Everybody is concerned that the NiravModi scam will put their business in trouble and tarnish the im...
18 Feb, 2018, 02.22 PM IST
Belgian royals set to arrive in India in diplomatic high season; future of Indo-EU relations in focusThe Belgian delegation will meet President Ram Nath Kovind, Prime Minister Narendra Modi, commerce and industry minister Suresh Prabhu, and...
02 Nov, 2017, 08.37 PM IST
Jewellery marketplace Joolz raises Rs 3.3 crore in pre-Series-A roundThe one-year-old company plans to use the proceeds primarily to boost operations, products, marketing and further building up its team, fou...
15 Aug, 2016, 09.42 AM IST
StanC wants companies to give collateral for diamond loansOn one hand the world of diamonds is grappling with a slow market, instances of defaults and frauds; on the other, Standard Chartered is ti...
11 Jul, 2016, 04.36 AM IST
Belgium raises issue of 2 percent duty on diamond imports by IndiaBelgium today raised the issue of imposition of 2 per cent duty on imports of polished and cut diamonds by India.
25 Nov, 2013, 09.44 PM IST
Meet India's six diamond kings: Nirav Modi, Mavji Bhai Patel, Mehul Choksi, Dharmesh Shah, Ashok Gajera & Russell MehtaIndia’s diamond kings–the biggest players in the Rs 70,000 crore diamond industry–are relatively as obscure as their products are glitterin...
05 Feb, 2013, 11.51 AM IST
- Popley & Sons, a lifestyle and jewellery retailer introduces installment schemes for customers
The Popley Group announced the commencement of its Popley Financial & Insurance Services with a bouquet of installment schemes/offers from ...
06 Aug, 2012, 06.20 PM IST
- India seeks Belgium investment in national manufacturing and investments zones
India today sought investments from Belgium in the national manufacturing and investments zones (NMIZs) mainly in the field of training and...
02 Aug, 2012, 04.41 PM IST
- As gold price rises, diamonds are in
The unprecedented rise in gold prices has added sparkle to jewellers' diamond sales.And jewellers themselves are now promoting diamonds in ...
25 Jan, 2011, 08.55 AM IST
We'll use gold to supplement our diamond jewellery line: Vijay Jain, CEO, OrraOrra recently started selling gold jewellery and plans to open huge anchor stores in metros to expand its presence.
25 May, 2010, 03.48 AM IST
- Indian diamond market to touch Rs 1-lakh cr in 5 years: Orra
The Indian diamond market is poised to grow at 20 per cent annually to over Rs 1-lakh crore in the next five years on the back of improved ...
26 Mar, 2010, 03.59 PM IST
- India consortium strikes a direct deal with Namibia miner
While the size of the deal could not be ascertained as Pravin Shankar Pandya, chairman of DIL, was not available for comment, a highly-plac...
11 Jul, 2009, 12.44 AM IST
- Antwerp raids ring alarm bells in India
After a string of raids on diamond houses in Antwerp, Indian banks who deal with local diamond traders are feeling the jitters.
22 Feb, 2007, 12.46 AM IST