NEWS
Brazil Minerals uses branded gold bar mold
Brazil
Minerals announced that it has begun to use a branded gold bar mold with its
logo and stock symbol in high relief for its gold production. Such gold bars
produced by the Company in situ, from material mined in its properties, have a
96% gold content.
In
other news, the Company’s subsidiary Jupiter Gold Corporation (“Jupiter Gold”)
has submitted 53 samples collected in its recent drilling campaign at its
Paracatu Project for geochemical analysis to SGS-Geosol’s laboratory, utilized
by the major global mining companies operating in Brazil.
With 42 exhibitors India sparkles at June HK
India
Pavilion had Diamond, Jewellery and coloured gemstone exhibitors, located at hall
3B-E (35 Diamond Exhibitors), at hall 5B-E (5 gemstone exhibitors), and at hall
1C (2 jewellery exhibitors).The Fair maintained its top spot as the most
important mid-year jewellery sourcing event in Asia.
Revolution in jewellery retail?
Bandhan
Jewels to revolutionize
jewellery
retail in the country
Bandhan
Jewels a new multi-brand jewellery retail chain got launched in Mumbai. The new
retail chain will retail generic jewellery and top brands in India like Being
Human Jewellery, Farah Khan Fine Jewellery, Kisna Diamond Jewellery & Rio
Tinto Diamonds. This pioneering concept of a combination of generic and branded
jewellery in a retail chain is a first in the country.
Speaking
on the development, Prasad Kapre, CEO & Director, Style Quotient Jewellery
Private Limited said, “We are actually linking the top brands of the country
and the best manufacturers in the category to the last mile retailer in a very
cost-effective way. The platform is unique because it brings mid-sized
retailers together and gives them operational efficiencies of national and
international brands; allowing them at the same time to sell generic Value For
Money jewellery.
UN MSME Day tomorrow!
MSME
Day to be celebrated on 27th June 2018
The
Ministry of Micro Small & Medium Enterprises (MSME), will organize a
National Conclave (Udyam Sangam) on 27th
June 2018 on the occasion of UN MSME Day. The purpose of the Conclave is to
encourage dialogue and partnership among various stakeholders of the MSME
ecosystem and for promoting innovation and knowledge sharing on MSME related
issues.
Gold Soft as Trade Tensions Escalate!
According
to ABC Bullion, it’s been a difficult two weeks for precious metal bulls, with
gold failing to hold support at the all important USD $1,300oz level late last
week, before plunging to USD $1,275oz on June 15th.
The
plunge, which took place about a day and a half after the Federal Reserve had
gone ahead with a fully anticipated rate hike, erased any 2018 gains precious
metal investors had been sitting on for the year, with both gold and silver now
down in USD terms year to date.
Over
just a few trading hours, some $30bn of gold sales were processed, a huge
uptick in volume that drove the fall seen last Friday. The decline has
continued over the past few trading days, with gold now trading at USD
$1,270oz, whilst silver is at USD $16.45oz, having dropped nearly USD $1 at one
point over the last week.
Alrosa launches football collection
The
of diamonds on the occasion of 2018 FIFA
The
collection consists of 32 round diamonds, 0.3 carats each, named after the
countries - participants of the 2018 FIFA World Cup Russia. All diamonds are of
high quality, D to F color and VVS2 to IF clarity, they were mined in Russia
and cut by Alrosa’s subdivision - Diamonds Alrosa, in keeping with the best
traditions of the world-famous Russian cut.
Diamonds
will be offered to natural persons and legal entities through the website www.diamondsofrussia.ru If desired, the
stone can be personalized with an engraving associated with the 2018 FIFA World
Cup Russia, or it can be given its own name. Alrosa will issue a special-design
official certificate confirming characteristics of each diamond.
Kriti Sanon wins Style Icon of the year award
The
19th edition of the NEXA IIFA Awards styled by Myntra, culminated in great
gusto at the Siam Niramit theatre in Bangkok on Sunday. Bollywood diva Kriti Sanon
received the IIFA ‘Style Icon of the year’ award- presented by Myntra, to a
roaring ovation at the packed hall, graced by film stars, industry bigwigs and
stalwarts.
The
Style Icon of the year award presented by Myntra was instituted during the
previous edition of the IIFA awards ceremony held in New York last year which
also marked the beginning of Myntra’s association with IIFA. In the current
edition, Kriti Sanon was adjudged the winner among six nominees after leading
the tally of votes garnered from millions of Myntra’s shoppers and a jury of
peers.
Tanishq continues in expansion
Launches
two premier stores at Dombivli and Panvel
Tanishq Focuses Mumbai closely
Tanishq,
one of India’s largest and most-loved jewellery brands, continues its
successful retail journey with the launch of two stores in Mumbai today. Both
the stores house the latest collections from Tanishq, which has something
special to offer every woman.
Reliance Jewels Launches Showroom
Reliance
Jewels, one of India’s most trusted jewellery brands, launches its premium
showroom at the Venus Amadeus, Jodhpur crossroad in Ahmedabad. Spread over 3400
square feet, this grand showroom is one of the biggest Reliance Jewels
showrooms in the country.
This
premium showroom has been specially designed to showcase the wide range of
jewellery collections through distinct ambient lighting in Gold & Diamond
sections and eye catching displays complemented with delightful customer
service. The showroom has exclusive collection of traditional and contemporary
Gold, Diamond, Platinum and Solitaire jewellery.
2nd Edition of MSME Pulse Report released
2nd
Edition of MSME Pulse Report by SIDBI-TransUnion CIBIL for June 2018 Quarter
released; Findings of 2nd Edition of MSME Pulse Report show that the overall
commercial credit exposure (Y-o-Y) has shown the highest growth rate in the
last five quarters.
Small
Industries Development Bank of India (SIDBI), a premier Financial Institution
for the Promotion, Financing and Development of the Micro, Small and Medium
Enterprise (MSME) sector and Trans Union CIBIL, a Credit Information Company,
in a joint endeavor with Trans Union CIBIL brings-out MSME Pulse, a Quarterly
Report on MSME Sector, for providing the policy makers, regulators and industry
with precise data-driven insights to support policy as well as business
decisions. The First Edition was released in the month of March, 2018.