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.
11 Nov, 2019, 04.59 PM IST
ICEX targets daily turnover of Rs 1,000 croreIn the last quarter of the current fiscal, our daily turnover will be Rs 300 crore.
14 Nov, 2018, 09.28 AM IST
Tough credit rules for diamond tradeThe insistence on bankthrough exports seeks to prevent round tripping.
27 Apr, 2018, 08.04 AM IST
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."
19 Apr, 2018, 12.39 PM IST
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...
22 Feb, 2018, 11.35 AM IST
World's first diamond futures exchange starts trading in IndiaIndian diamond cutters polish about 14 of every 15 of the world’s gems.
28 Aug, 2017, 10.50 AM IST
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.
09 Feb, 2017, 12.44 PM IST
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.
21 Sep, 2016, 03.07 PM IST
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...
21 Sep, 2016, 02.32 PM IST
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...
13 Nov, 2014, 04.19 AM IST
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...
24 Mar, 2013, 06.29 AM IST
- De Beers' list of sightholders surprises market
Many in the closely-knit diamond trade are surprised at the failure of Rosy Blue to qualify for rough diamond supplies from De Beers .
23 Dec, 2011, 06.56 AM IST
- Diamond houses keep fingers crossed after change of guard at De Beers
The buyers quietly pick the boxes and take flights back to Mumbai or Antwerp, where the stones are cut and polished by skilled craftsmen.
13 Dec, 2011, 02.15 AM IST
'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 ...
06 Sep, 2010, 03.59 AM IST
- Diamond Trading Co move to cut rough diamond supplies to India
India 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...
02 Jan, 2008, 06.39 PM IST
- 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...
24 Dec, 2007, 04.34 AM IST
- Surat floods impact global diamond trade
The world’s biggest diamond company, De Beers, on Wednesday said floods in Surat, among other reasons, have dampened global demand for uncu...
07 Sep, 2006, 01.01 AM IST