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...
11 Dec, 2024, 11.15 AM IST
Gujarat's diamond industry hit hard by Russia-Ukraine warDue to shortage of supply of small-size rough diamonds from Russia, businessmen in Gujarat are forced to buy the raw material from African ...
12 Jun, 2022, 06.06 PM IST
Small diamond production in Gujarat takes hit due to cyclone TauktaeNavadiya said there is still a 20% shortage of workers in Surat, the major diamond cutting and polishing hub of the country. “Those migrant...
10 Jun, 2021, 08.34 PM IST
Price of small diamonds down 15%The diamond firms who participated in the event said the demand for loose diamonds and jewellery was subdued.
08 Jun, 2019, 10.53 AM 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
Banks under PCA cautious of funding to diamond unitsTraders worry about access to fund flows to small and medium diamond units
26 Dec, 2017, 12.29 PM IST
GST regime affects small diamond units in GujaratDamjibhai Mavani, secretary of Surat Diamond Association, said, “It will take at least a year to put things in order. This is the problem o...
31 Jul, 2017, 01.31 PM IST
Demonetisation hurt diamond clusters in India, traders tread gingerlyDe Beers revenue from rough diamonds declined sequentially to $418 million in the final sales cycle of the year as tighter liquidity in Ind...
15 Dec, 2016, 12.38 PM IST
Cultural governance binds Indian diamond industry: IIM studyThe industry culture in the diamond cutting and polishing business helps align the small, medium and large firms into a network, it said.
19 Oct, 2015, 10.54 AM IST
Diamond city Surat loses sheen, braces for a dull DiwaliThe diamond industry, which is known to reward its employees in a major way during Diwali, is less than inclined to splurge this time aroun...
24 Sep, 2015, 05.09 PM IST
Rupee fallout: 25,000 diamond workers joblessFive years after global recession rendered lakhs of diamond workers jobless - many even committed suicide - thousands are staring at the sa...
25 Jun, 2013, 10.29 AM IST
Why world's diamond polishing hub Surat has never seen Brussels-type heistSurat, the world's diamond polishing hub, has never seen a heist of the kind Brussels saw recently. The entire industry works on a system o...
03 Mar, 2013, 08.16 AM IST
- Surat diamond units unite to take on global cos
Surat diamond industry is finally getting a financial muscle. Some 500 units, out of the 4,500 have decided to form a company to source rou...
18 Aug, 2010, 02.47 AM IST
- Surat diamond units form company to tap mines directly
Move to minimise Antwerp’s role, challenge biggies like De Beers, Rio Tinto.
17 Aug, 2010, 09.19 AM IST
- Gujarat diamond polishing units may have an extended vacation
Chances seem bleak that the diamond industry in Gujarat will start operating in full-swing from December 8 — the day when the vacation is e...
05 Dec, 2008, 12.37 AM IST
- Diamond units plan shorter work week
Unlike in the past when the diamond polishing units of Surat used to work overtime after the Diwali vacations to meet the demand of the Chr...
19 Nov, 2008, 12.08 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