A 20-carat blue diamond, that fetched $15 mn, may prove saviour for debt-ridden ownerBlue gem-quality stones are among the most valuable in the world.
16 Nov, 2019, 05.21 PM IST
Billionaire Agarwal walks away from Anglo American stakeBillionaire maintains that his interest in Anglo was family investment and no intent to make a takeover offer.
26 Jul, 2019, 01.32 PM IST
ArcelorMittal, Resurgent said to mull joint bid for Essar plantThe companies have held preliminary talks on a potential joint bid for the 1,200-megawatt power plant in Madhya Pradesh, sources said.
27 May, 2019, 11.59 PM IST
Tata warns that UK steel making needs bigger profits to surviveThe past decade has seen some of the most traumatic years for the plant. Hurt by the global financial crisis and then by a commodity-price ...
21 Sep, 2018, 07.08 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
Union Bank of India quits Antwerp diamond hubAntwerp didn’t generate “the expected amount of business, particularly from the diamond sector,” UBI said.
01 Sep, 2018, 07.56 AM IST
Arcelor's steel profits keep growing, this time thanks to Donald TrumpArcelorMittal increased its forecasts for steel demand, saying it expects global consumption to rise as much as 3 percent in 2018, up from ...
01 Aug, 2018, 03.10 PM IST
Anil Agarwal wants to build Indian commodity giant to rival majors“We take chances," Agarwal said. “We are like a river, we are going as and where assets are available.”
25 May, 2018, 06.02 PM IST
World's fifth-largest diamond sells for $40 millionThe 910-carat Lesotho Legend was sold in a tender in Antwerp, Gem Diamonds Ltd.
13 Mar, 2018, 03.02 PM IST
After fifth-biggest stone, miner finds another 149-carat diamondLast week, the company had found a 910-carat stone, about the size of two golf balls.
23 Jan, 2018, 07.47 AM IST
Fifth biggest diamond found in mountains of Lesotho, AfricaA small, embattled miner Gem Diamonds just hit the jackpot with 910-carat stone.
16 Jan, 2018, 04.03 PM IST
China sends one of the West's most critical materials soaringThe price of tungsten in Europe has jumped 52 per cent since early July.
11 Sep, 2017, 03.49 PM IST
Russia plans gem reform to compete with India's million workersThe plan may lead to Alrosa selling about 10 percent of its gems domestically, Moiseev said, adding that there are no plans for Alrosa to i...
06 Sep, 2017, 07.26 AM IST
Steelmakers are worth the most in nearly 6 yearsDemand in China, which produces half the world’s steel, has been surprisingly strong this year
24 Jul, 2017, 07.32 PM IST
Cash is king for diamond market reeling from India money war"The Indian demonetisation programme is showing how much of the polishing industry is still a cash business," said Richard Chetwode, an ind...
18 Jan, 2017, 02.30 PM IST