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ACQUISITIONS IN DIAMOND INDUSTRY
Warren Buffett's framework for finding businesses to invest : The ‘Shiftless Nephew test’Warren Buffett once revealed a brutally simple test for separating great businesses from merely good ones: Could you put a lazy, not-too-sm...
India becomes second-largest diamond jewellery market with 12% global share, overtakes China and JapanIndia has emerged as the world’s second-largest diamond jewellery market, driven by rising incomes and strong demand from Gen Z and millenn...
India's natural diamond market may reach Rs 1.5 lakh cr by 2030: De Beers reportThe market for natural diamond jewellery in India is on the brink of a remarkable transformation, anticipated to soar to Rs 1,50,000 crore ...
India’s rising demand for natural diamonds: A shift in global market dynamicsNatural diamonds, formed over billions of years and increasingly scarce, remain highly valued. With declining diamond recovery rates and no...
IGI to use IPO proceeds of India entity to make acquisitions: IGI managementIGI, a leading gemstone and diamond certification body, is pursuing an IPO in India to consolidate its global operations and capitalize on ...
India to work with global players for ‘conflict-free’ diamond tradeThe country has a unique position in between producers of rough diamonds and consumers of cut and polished diamonds.
No more conflict: India to broker 'peace' among diamondsAs chair of Kimberley Process Certification Scheme, India will try to prevent illegal acquisition of stones.
Indian-origin entrepreneur to acquire Nigerian bank's subsidiary in UKThe new bank, which, upon change of control, is intended to be renamed British Commonwealth Trade Bank (BCTB) to address gaps for trade in ...
Nirav Modi’s Firestar Diamond plans to raise Rs 750-1,000 crore via IPOThe jewellery company is expected to use the money to drive growth and expansion in Europe and other parts of the world, several people in ...
Didn't want to join sin of deceiving farmers: Shiv Sena on Land Bill"Development will lead to a better economy and thus industrial growth will accelerate. But this should not be done at the cost of farmers' ...
- Diamond group buys Vadodara cables maker
Projects arm to go for Ekank expansion
- Diamond Power in deal for Rs 132 cr equity
Kotak PE picks 10% stake for Rs 80 cr, institutions take 6.5%
- Gems & jewellery cos are improving margins
Gems & jewellery companies are changing their business strategies to move up the value chain and improve margins. Moreover, exposure to the...
- Gitanjali in race to buy US jewel major Whitehall for about Rs 400 cr
Gitanjali Gems, a leading jewellery retailer, is understood to be in the race to buy the US-based jewellery retail chain Whitehall Jeweller...
- De Beers eyes 51% in Rajesh Exports
A US-based buyout fund and diamond industry giant De Beers are learnt to have evinced interest in jewellery maker and retailer Rajesh Expor...
- Gitanjali Gems to buy US chain for $40 mn
Gitanjali Gems, an integrated diamond and jewellery manufacturer, is buying a US-based jewellery retail chain, comprising 100 stores in lin...
- Gitanjali Gems in talks to buy two US retail chains
Gitanjali Gems, an integrated diamond and jewellery manufacturer, is in talks to acquire two jewellery retail chains in the US, as part of ...