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INVESTMENT GRADE GEMS
Roll over gold, Indians now gemming to coloured stonesColoured gemstones are gaining popularity among young Indians. Bollywood celebrities and rising gold prices are driving this trend. The Ind...- Expats paying $33,000 school fees fuel rise of Dubai billionaireGEMS World Academy in Dubai offers premium education with facilities like iPads for kindergarteners and a planetarium. With fees up to $33,...
- Rural gold demand dips as spend on farm inputs rises"Rural demand is down 25% in June as farmers are busy in sowing kharif crop and buying seeds and other agricultural inputs. July will also ...
- Few takers for restructuring 2.0 amid demand recovery: CRISILThe fact that only a handful of companies are exploring the restructuring option could be reflective of a relatively improved business outl...
- Gems, jewellery industry seeks reduction of import duty to 4% in Budget 2021-22The tax and duty implication is 15.5 per cent on gold, the actual implication comes to around 20 per cent after adding the mining royalties.
- Most companies that availed loan moratoriums were facing challenges before COVID-19: CrisilThe RBI introduced the loan moratorium from March to help businesses and individuals impacted by the pandemic. Interest on the loans will k...
- Sebi, RBI examining possible relaxation for rating cosSebi is said to be considering such a proposal to allow this for one year.
- NBFCs have adequate liquidity to manage capital market debt repayments for 2 months: CRISILAmong the industries, companies in pharma, telecom, fertilisers and consumer goods sector will have limited revenue impact, finds a study. ...
- Banks opening up loan window to high rated gold jewellers, but no respite for smaller onesBanks across the board have restricted lending to jewellers after the Rs 13,700-crore Punjab National Bank scam involving diamond merchant ...
- Diamonds no longer exclusive to the rich: You can own them at Rs 120 a dayWorld's first diamond future exchange aims to cater to investors and buyers across the spectrum.
- ICICI Bank reports 26% surge in stressed loans in US filingAs on March 2016, the bank has outstanding net investment of Rs 790 crore in the security receipts issued by the ARC, it disclosed in the U...
- Sell ICICI Bank Ltd., target Rs 200.0 : Religare SecuritiesReligare Securities said ICICI Bank has disclosed exposure to below investment-grade assets in the top five stressed sectors.
- Citigroup cuts India's rating from 'Neutral' to 'Underweight'Citigroup sees BSE Sensex rising by 7% more from current levels in 2013, with a target of 20,800. The group favours cyclical stocks.
- India seeks Belgium investment in national manufacturing and investments zonesIndia today sought investments from Belgium in the national manufacturing and investments zones (NMIZs) mainly in the field of training and...
- Tribhovandas Bhimji Zaveri IPO: what analysts recommendTribhovandas Bhimji Zaveri (TBZ), an organised jewellery retailer, is coming out with an initial public offer of 16,666,667 equity shares t...
- RFP for investment in two Delhi SEZs to be floated next weekDelhi government will come out with a global request for proposal next week seeking investment in the two Special Economic Zones to be set ...
- Lab tag for synthetic diamondsIt’s a tiny investment, but crucial for the future of the Rs 65,000-crore Indian gems and jewellery industry.
- FM refuses to bend on FBTThe fringe benefit tax (FBT) on employee stock options (Esops) is here to stay, but in a modified version.
- Inferior diamonds sparkle among high grade lotsBadlo is an illegal practice existing in the industry for many years.
- Delhi may set up country's first gems, jewellery SEZThe Delhi government is planning to demarcate 140 acres of land for the development of a gems and jewellery special economic zone (SEZ) in ...
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