NEWS
Surat: The Surat Diamond Association (SDA)
and the Gem and Jewellery Export Promotion Council (GJEPC) have written to
Prime Minister Narendra Modi to provide international airport at Surat at the
earliest to facilitate smooth import and export of polished and rough diamonds,
reports The Times of India.
SDA office-bearers said that polished
diamonds worth over Rs. 1 lakh crore are processed in Surat and exported to
various countries via Mumbai per annum. The amount of rough diamonds being
imported per annum is pegged at over Rs. 70,000 crore.
Mumbai: High quality diamond jewellery has
finally become affordable and accessible for everyone. Muthoot Exim Pvt Ltd.,
the precious metals division of the 130- year –old business conglomerate
Muthoot Pappachan Group, has launched Swarnavarsham diamond jewellery in
association with Divine Solitaires Pratham diamonds. The launch was graced by
dignitaries from both Muthoot Pappachan Group and Divine Solitaires which
include Mr. Thomas Muthoot (Executive Director, Muthoot Pappachan Group),) Mr.
Keyur Shah (CEO, Muthoot Precious Metals Division), Mr. Jignesh Mehta (Founder
and Managing Director, Divine Solitaires), Mr. Shailen Mehta (Co-founder and
Director, Divine Solitaires) and Mr. Hitesh Mehta (Director, Divine Solitaires)
amongst others.
Doha: Doha Jewellery and Watches Exhibition
(DJWE) is being held from 20th to 25th February, 2017 under
the patronage of the Prime Minister and Minister of Interior, His Excellency
Sheikh Abdullah bin Nasser bin Khalifa Al Thani, and brought to you by Qatar
Tourism Authority (QTA) in partnership with Auditoire Qatar.
DJWE returns for the 14th year with a
dazzling array of over 400 brands showcasing the latest in precious gems and
fine watches from around the world. Held under the theme, "Once upon a
time... luxury", visitors will be taken on an experiential journey through
stories, celebrating luxury and glamour...
Mumbai: Tata Group company Titan's Tanishq
jewellery sales reports 15.4% increase in sales in its jewellery business
during Q3 2017, with income rising to $489.27 million this year as compared to
$ 423.92 million last year. Profits before tax from the segment rose 15.1%
during the quarter, from $43.63 last year to $50.247 last year.
Mumbai: Asian Star, a Mumbai-based diamond
manufacturer, reported profit fell 5 percent in the final three months of last
year even as revenue rose.
Moscow: ALROSA President Andrey Zharkov
said during International Diamond Week in Israel (IDWI) that the diamond
producer is planning to launch marketing programs promoting Russian-mined
diamonds. Zharkov is a guest of honor at the event.
New York; The Diamond Dealers Club (DDC) of
New York will move to new premises at the International Gem Tower (IGT),
enabling more companies to beat Manhattan’s sky-high rents by relocating their
offices to the trading floor.
Mumbai: On February 14th , 2017 members of
the Indian Institute of Gems & Jewellery gathered with students, their
family, and friends to celebrate Convocation. On this day, the students of
Diploma Batch 10TH were declared graduates at the D.Navinchandra Auditorium at
IIGJ, Andheri East.
London: Anglo American, the London-based
diversified mining conglomerate including the De Beers Group in its portfolio,
has announced that Sir John Parker intends to step down, after serving eight
years as Chairman, during the course of 2017. Sir John Parker, Chairman of
Anglo American, said: "Having seen Anglo American emerge in a strong
position from the mining industry downturn, with its sharp falls in commodity
prices between 2014 and 2016, I believe that the time is now right for the
Board to seek my successor during the course of 2017. The company, with its
much restored balance sheet and a world class Board and management team, led by
our Chief Executive Mark Cutifani, is well placed for the future.
Antwerp: Diamond-grading group HRD Antwerp
will launch an educational program in Iran to expand its presence in the Middle
East.
HRD will start training certified diamond
graders in a debut course in Tehran at the end of April in collaboration with
Alireza Feizollahi, a local consultant.
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