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...
15 Jun, 2020, 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
Russian miner helps diamond tradeIn 2019, diamond jewellery retail sales in US are expected to fall 2 percent.
20 Dec, 2019, 11.37 AM IST
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
A tale of two diamond manufacturing cos in troubleOne, a Diamond Trading Company sightholder, has cash flows troubles and is highly leveraged . The other has reportedly misdeclared imports ...
01 Jul, 2019, 09.05 AM 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
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
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
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
- Jewellery cos to securitise global receivables
Jewellery companies in India are looking at securitising their international receivables to avail of lower interest costs overseas at a tim...
24 Dec, 2008, 12.38 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
- 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
- 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