Art Deco Bracelet at Sotheby’s hammer

Next week, Sotheby’s will unveil a group of extraordinary jewels from an Important Asian American collection, coming to auction this autumn in both New York and Geneva. This extensive and well-rounded jewellery collection was assembled by a prominent female collector, who over the course of five decades acquired important pieces from top jewellery houses, in particular Cartier.

She also greatly admired the work of Van Cleef & Arpels and owned several jewels by the King of Diamonds, Harry Winston. The result is a delightful selection of pieces, formed by the intertwining of two distinct strands. On the one hand, she purchased a core of more substantial, classically styled pieces adorned with important diamonds and gemstones; and on the other, she was drawn to fashion-oriented, light-hearted jewels, which she treasured and enjoyed wearing on a regular basis.

Eligibility of small Start-ups tax holiday

The Central Board of Direct Taxes (CBDT) has clarified that small start-ups with turnover upto Rs. 25 crore will continue to get the promised tax holiday as specified in Section 80-IAC of the Income Tax Act, 1961(the Act), which provides deduction for 100 per cent of income of an eligible start-up for 3 years out of 7 years from the year of its incorporation.

Uncertainty for US businesses continues

The National Retail Federation (NRF) issued the following statement from Senior Vice President for Government Relations David French after the Trump administration announced it would delay new tariffs on certain consumer products until December 15. Tariffs on other products are scheduled to take effect September 1.

WDC raises the bar for ethical trading

By Ronnie VanderLinden, WDC Treasurer: When the Kimberley Process Certification Scheme (KPCS) was launched officially on January 1, 2013, it created for the first time in our industry’s history an ethical threshold that could be universally enforced. While limited to rough diamonds involved in the financing of civil conflict, it was fair to say that the Rubicon had been crossed. A network of governments, with the full support of industry and civil society, had ruled that from that point forward only diamonds meeting a minimum standard could be traded legitimately.

But already then, the World Diamond Council (WDC) decided to raise the bar. While the KPCS applied to only to rough diamonds, the WDC’s System of Warranties (SoW) extended the non-conflict guarantee into the polished diamond sector. While voluntarily applied, the SoW declaration became a standard feature on B2B invoices and memos issued throughout the trade.

Skill-Enhancement Training Programme

GIA India, in collaboration with the Maharshi Karve Stree Shikshan Samstha (MKSSS), Pune, trained 19 students on SWIFT Jewellery Design, a 5-day skill-enhancement training programme from Aug 18 - 22. This training, supported by GIA’s endowment fund, teaches the basic principles of design and composition so that students can gain an understanding of what goes into designing collections.

Forevermark festive collection at OM Jewellers

Karisma Kapoor unveils Natural diamonds jewelry

OM Jewellers, one of the most trusted jewellers in Mumbai, launched their festive collection crafted with genuine, natural Forevermark diamonds. Filmstar Karisma Kapoor graced the occasion at their Borivali store.

Highlighting the exquisite brilliance of a Forevermark diamond, OM Jewellers has expertly curated 300 gorgeous pieces crafted in beautiful, rare and responsibly sourced diamonds making it ideal to gift or self-purchase during the festive season. Each of the designs highlights the unwavering perseverance towards the excellence and consistency of OM Jewellers.

Real women with a series of life stories

Her Story is a reflection of a woman’s ideas and aspirations, a precious expression of what is dear to her and who she is as a person. Unique, undefined, unboxed and interesting.

To celebrate this spirit, Her Story presents a unique property called Life Stories-discovering people who have not only made a mark, but are also unafraid to bare their soul. Life Stories discovers parts of women that the world doesn’t see.

Team India wins Gold in WorldSkill 2019

Team India wins one Gold, one Silver and two Bronze medals

Along with 15 Medallions of Excellence across key skills!

Team India wins Bronzes in Jewellery Designing

Blazing a trail of glory for India at the global stage, the Indian Team returned with the best-ever finish at the WorldSkills International Competition 2019 in Kazan, Russia by winning 19 medals and Medallions of Excellence. The 48-member Indian team won one Gold, one Silver and two Bronze medals besides 15 Medallions of Excellence at the competition that ended with a spectacular closing ceremony at Kazan yesterday attended by the President of the Russian Federation, Vladimir Putin.

De Beers’ sales cycle 7 at poor YoY takeoff

De Beers Group announced the value of rough diamond sales (Sightholder Sales and Auctions) for the seventh sales cycle of 2019.

Bruce Cleaver, CEO, De Beers Group, said: “With midstream participants continuing to work down polished diamond inventory levels and reduced levels of manufacturing in the key cutting centres, De Beers Group provided customers with further supply flexibility during the seventh cycle of 2019.” 

Botswana extends Diamond Licences at Kalahari

Botswana Diamonds (BOD), diamond explorer is delighted to report that Prospecting Licences PL232 and PL235, held by the Company’s wholly-owned subsidiary Sunland Minerals (Pty) Limited,  have been renewed for an additional two years to 30 September 2021.

These key licences, covering just over 500sq kms, are strategically located in the central Kalahari Desert west of the Ghaghoo diamond mine. Botswana Diamonds has already identified prospective drill ready targets. The intensive work included aeromagnetic surveys, ground magnetic surveys, soil sampling and target selection.