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DEBEERS SIGHTHOLDER
Lights still out in many diamond units as exports dimIn places like Saurashtra, Bhavnagar and Amreli in Gujarat that house small diamond processing units, nearly 50% of the facilities are stil...- Local diamond trade to shut fully tomorrow in memory of Rosy Blue's founderIndia’s diamond trade will remain shut completely on Tuesday to mourn the death of industry doyen Arunkumar R Mehta , founder of B Arunkuma...
- Diamantaires, jewellers may get dollarised credit limitsThe move will help these borrowers shield themselves from fluctuations in the dollar-rupee exchange rate.
- How a tough Indian market is making De Beers change its policyDe Beers, once-inflexible diamond company, allows traders to return rough stones, cuts prices.
- ICEX targets daily turnover of Rs 1,000 croreIn the last quarter of the current fiscal, our daily turnover will be Rs 300 crore.
- Tough credit rules for diamond tradeThe insistence on bankthrough exports seeks to prevent round tripping.
- Credit lines intact for most Indian clients"Most of our clients tell us that despite the fraud, their facilities (credit lines) are largely the same."
- Gitanjali Gems may lose De Beers sightholder statusAs scam unfolds, world’s largest diamond mining company De Beers has made it clear that the company won’t do business with firms not comply...
- World's first diamond futures exchange starts trading in IndiaIndian diamond cutters polish about 14 of every 15 of the world’s gems.
- What DeMo? Jewellers buy more gold than beforeLatest B2B jewellers' exhibition shows that buyers appear unaffected by demonetisation, Rs 3-lakh cap on cash purchases.
- CCEA approves winding up of Hindustan Diamond Company"The winding up of HDCPL is not likely to affect supply of rough diamonds to Indian diamantaires," said an official release.
- Cabinet Committee gives approval to wind up Hindustan Diamond CompanyThe winding up of HDCPL is not likely to affect supply of rough diamonds to Indian diamantaires as Indian diamond industry has grown in the...
- Global demand for diamonds is forecast to grow at 4-5 per cent: Paul Rowley, EVP DeBeersBecause of the US economic recovery and continued growth in China and India. DeBeers produces around 33% of the world’s rough diamonds by v...
- De Beers fighting to restore monopoly; challenges lie aheadSince its inception, De Beers has survived two World Wars, the Great Depression, the break-up of the USSR and the end of apartheid in South...
- De Beers' list of sightholders surprises marketMany in the closely-knit diamond trade are surprised at the failure of Rosy Blue to qualify for rough diamond supplies from De Beers .
- Diamond houses keep fingers crossed after change of guard at De BeersThe buyers quietly pick the boxes and take flights back to Mumbai or Antwerp, where the stones are cut and polished by skilled craftsmen.
- 'India to drive next wave of diamond mkt growth'Nicky Oppenheimer, chairman of the De Beers Group, tells ET why he expects India to consume more than 10% of the world’s polished diamonds ...
- Diamond Trading Co move to cut rough diamond supplies to IndiaIndia expects to see rough diamond supplies fall by up to a fourth after the Diamond Trading Co (DTC), the distribution arm of De Beers, cu...
- Several Indian cos out of DTC ‘sight’Diamond Trading Company (DTC), the distribution arm of the De Beers Group, has lopped off a number of Indian companies from the list of sig...
- Surat floods impact global diamond tradeThe world’s biggest diamond company, De Beers, on Wednesday said floods in Surat, among other reasons, have dampened global demand for uncu...
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