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DIAMOND FACTORIES
School assembly news headlines for June 16: Top national, international, business, sports update and thought of the dayIndia and Slovakia elevate ties to a comprehensive partnership. A rival tutor accuses Khan Sir of murder. Delhi census Phase 1 records over...- No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
- 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...
- Auto ancillaries: The next few quarters may separate winners from hopefuls. 5 stocks, 3 with upside potential of up to 33%The EV shift has moved from ambition to execution. And for auto ancillaries, the next phase may decide who was genuinely preparing for the ...
- West Asia war: Amid gloom and doom in Surat and Tiruppur’s textile clusters, one industry offers hopeAs the West Asia conflict drags down most sectors in India’s two major textile hubs, one segment in Surat is opening up new opportunities
- Surat's diamond industry loses shine: Factory closures, job losses, & falling orders hit hardSurat's diamond business is in crisis due to declining global demand and competition from lab-grown diamonds. Workers face job losses and r...
- Job losses, factory closures haunt India's diamond sector as trade shine fadesIndia's diamond sector is in crisis with a sharp decline in imports and exports over the past three years, leading to defaults, factory clo...
- Ukraine impact: About 250,000 workers in Surat's diamond units sent on leave, job losses loomThe US Treasury had slapped sanctions on Alrosa on April 8, potentially cutting off about 30% of the world's supply of rough diamonds.
- Russia-Ukraine war takes the sheen off Gujarat's diamond industryRussian raw diamonds, usually small, make up 40% of diamond trade volume and about 30% in value, reported The Times of India. This forms pa...
- Gems and jewellery traders expect business to recover in last two quarters FY21According to data provided by the Gem & Jewellery Export Council (GJEPC), exports in this segment touched $1.7 billion in August. It was hi...
- Diamond cutting and polishing activity picks up in Surat as Covid-19 cases decline in factoriesPravin Shah, director, Ankit Gems, said, “We have been operational since May and are working at 80% capacity.” The Surat-based diamond manu...
- Diamond mines-to-brand firm KGK opens factory in AngolaThe new KGK factory, in partnership with SODIAM, the Angolan state owned company for the trading of diamonds in Angola, incorporates the la...
- Lab-grown diamonds can revive India's struggling diamond industryAround 10 per cent of the diamond factories in Surat are nowadays cutting created diamonds at a time when the earth-mine industry is suffer...
- GST has divided Surat: While textile languishes, diamond trade unaffectedThe 0.25% GST levy on rough diamonds is basically meant for tracking the transit of diamonds rather than mopping up any additional revenue ...
- KGK Diamonds, Russia's Alrosa come together to widen partnershipThe new manufacturing facility is planned to be developed approximately by July 2017 boosting the employment opportunities, beginning with ...
- P N Gadgil Jewellers sets up diamond manufacturing unitP N Gadgil Jewellers said it wants to scale up its diamond jewellery segment for which the company has set up a separate manufacturing unit.
- Diamond City gets a sparkling New Year gift as Kimberley Process authorizes export of Zimbabwe rough diamondsKimberley Process Certification Scheme on Tuesday authorized the resumption of diamond sales and exports from two mining sites in Zimbabwe'...
- Gujarat diamond polishing units may have an extended vacationChances seem bleak that the diamond industry in Gujarat will start operating in full-swing from December 8 — the day when the vacation is e...
- Workers of Diamond industry in Surat demand rise in wagesHundreds of workers engaged in cutting and polishing of diamonds in Surat took to streets and pelted stones on diamond factories as their w...
- Inferior diamonds sparkle among high grade lotsBadlo is an illegal practice existing in the industry for many years.
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