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DIAMOND DISCLOSURE
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...- Psychology says people who are warmly generous with everyone but genuinely close with almost no one aren't failing at friendship; they learned to be useful before they learned to be knownExtremely kind people often feel lonely despite being surrounded by others, as they prioritize being needed over being known. This pattern ...
- Speaking diamond: A buyer’s glossary for India’s new disclosure eraIndia's Bureau of Indian Standards (BIS) now mandates clear labeling for natural versus laboratory-grown diamonds, enhancing consumer trust...
- Natural diamonds, real change: Driving sustainable impact in IndiaThe diamond industry is prioritizing sustainability, with India leading the charge by integrating a fifth 'C' – conscience – alongside trad...
- India’s new diamond rule: Only a natural diamond can be called a diamondIndia's Bureau of Indian Standards has introduced a new framework to clarify diamond terminology, exclusively reserving the term 'diamond' ...
- International Gemmological shares soar 10% on acquisition of 2 companiesShares of the newly-listed International Gemmological Institute (IGI) surged 10% to hit the upper circuit and a new high of Rs 580.45 on th...
- New-age firms say lab-grown diamonds are not 'synthetic'New-age jewelry brands are opposing the term 'synthetic' for lab-grown diamonds (LGDs), citing incorrect equivalence with diamond simulants...
- JPC urgent to unearth full extent of corruption in Adani matter: CongressThe Congress party has renewed its call for a Joint Parliamentary Committee investigation into the Adani Group, citing concerns about corru...
- Anand Mahindra applauds IIT Bombay students for creating world's first foldable diamond frame e-bikeAnand Mahindra, chairperson of the Mahindra Group, has praised a group of IIT Bombay students for creating the world's first foldable diamo...
- India set to become a major hub of lab-grown diamondsIndia accounts for about a quarter of the estimated global laboratory-grown diamonds output of 6 to 7 million carats.
- India may soon become a major hub of lab-grown diamondsIndustry executives said natural diamond players in the country are entering this segment because of growing demand for lab-grown diamonds ...
- Mid-stream manufacturers of natural diamonds likely to enter lab-grown diamonds businessThe BDB’s green signal on trading indicates that there will be more clarity and transparency in lab-grown diamond transactions, which were ...
- Customs dept cracks down on 'rough diamonds', industry cries foulDept feels traders are siphoning off money through overseas offices by sending spurious rough diamonds.
- Sebi to consider penal action against PNB, Gitanjali GemsSebi last week issued a warning letter to PNB for delaying disclosures to exchanges.
- Sebi warns PNB for late disclosures regarding Nirav Modi scamThe PNB was defrauded of $2 billion allegedly by diamond trader Nirav Modii and his associates.
- Diamond houses want a government tab on rough synthetics tradeAs diamond houses try to step out of the shadow of a sensational scam that has rocked many high-street banks, they have urged the commerce ...
- Why it’s hard to put a price on the world’s biggest diamondsGem Diamonds, which specializes in digging up stones that only a few billionaires are likely to buy, has been taking some unusual steps to ...
- REVEALED! De Beer's diamond secrets out for the first timeInfo never made public before: Where De Beer's best diamonds come from and how much they fetch per carat.
- Books completely manufactured in diamond trade, highest prevalence of black money: Income Tax officialTracking the black money trail in the realty sector, also notorious for black money transactions, has, however, been easier for the I-T aut...
- Black money trail: Diamond traders among 17 on noticeThe Central government has served notices on 17 Indian nationals, including Mumbai’s well-known diamond traders, who are found to have alle...
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