Diamond cos tread on rule minefield; face compliance burden under new sanctions regimeDiamond houses in India are facing scrutiny under the new sanctions regime that began on March 1 to block Russian gems from affluent wester...
04 Mar, 2024, 01.00 AM IST
De Beers expects India’s diamond demand to pick upConsumer demand fell 2.5 per cent yearon-year in 2017.
29 Oct, 2018, 02.15 PM IST
Lab-made diamonds for less: Why De Beers' plan worries rivalsDe Beers will target younger consumers with its lab diamonds, sold for about $800 a carat.
04 Sep, 2018, 08.36 PM IST
Will India’s diamond cutting operations shift to Israel, Belgium?India is the world’s largest cutting and polishing centre of rough diamonds, and it is said that 14 out of every 15 rough diamonds in the w...
23 Feb, 2018, 07.06 AM IST
Why did Anil Agarwal buy a part of $23 billion Anglo AmericanThe company's shares soared nearly 300 percent last year and it said in February it would resume paying dividends and slow down its asset s...
17 Mar, 2017, 06.42 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
- Rupee problem: Tough going for import-dependent jewellery exports
Weakening of rupee is a good news for most of the exporters, excepting those engaged in the exports of gems and jewellery.
23 Sep, 2011, 06.23 PM IST
- Nalco now sets sights on Namibia's uranium assets
Hindustan Copper and Nalco's joint bid to acquire a copper mine in Namibia has fallen flat after the mine owner decided to withdraw the off...
06 Sep, 2010, 04.31 AM IST
- DIL concludes deal of rough diamonds from NDTC, Namibia
DIL currently sources rough diamonds from Alrosa, Russia, as also rough diamonds of Angolan origin. It is in the advanced stage of negotiat...
31 Aug, 2009, 01.17 AM IST
- India wants renewed vigil against 'conflict diamonds'
The process to eliminate "conflict diamonds", which fund bloody rebel movements in some countries, is being somewhat frustrated by fake cer...
17 Jun, 2008, 05.57 PM IST
- Diamond cos head to Africa for direct sourcing
Antwerp could be passé! India has decided to look at Africa for direct sourcing of rough diamonds.
25 Mar, 2008, 03.34 AM IST
- India seeks African diamonds; Ramesh to visit Angola, Namibia
Completely dependent on imports for rough diamonds, lifeline of the 14-billion-dollar exports of the polished precious stone, India is taki...
23 Mar, 2008, 03.19 PM IST
- Bumpy road ahead for diamond players
The recent decision of Diamond Trading Company (DTC), the distribution arm of De Beers Group, to remove several Indian companies from its l...
01 Jan, 2008, 12.24 AM IST
- Diamond workers in demand
With more and more Indian companies setting up diamond cutting and polishing units in African countries like Bostwana, Namibia, Angola and ...
22 Aug, 2007, 02.47 AM IST
- Export duty may take shine off diamonds
The world’s largest mining country - South Africa - plans to change the laws governing its diamond sector, including imposition of an expor...
17 May, 2007, 04.05 AM IST
- S Africa's export duty on rough diamonds may hit Indian traders
South Africa’s plan to change the laws governing its diamond sector, including the proposed export duty on rough diamonds, has become a maj...
15 May, 2007, 12.00 AM IST
- India seeks cutting edge in diamond trade
A girl’s best friend - diamonds - has found a great pal in the commerce department. To convert India into a global hub for diamond trade, t...
07 Sep, 2006, 12.00 AM IST