Swarovski brand partner Alma Carino Opens retail store in Kerala

Swarovski’s ingredient brand partner, Amy Exports & Imports has opened a fine Jewellery retail store - Alma Carino at Sobha City Mall Thrissur, Kerala. The store was inaugurated by Mr. Rajendra Jain, MD Swarovski Gemstones Business India, along Mr. Sachu T Razakh, MD Amy Exports & Imports, his wife Mrs. Linza Sachu, MD in presence of entire family, team and Alma Carino’s premium customers.

Alma Carino store is a complete luxurious and premium experience of interiors with various types of innovative & technological designs in gold and silver jewellery exclusively embellished with Swarovski Zirconia. To mention a few theme-based designer collections available at this luxury store would be Hanging Bird Collection, Sunflower Collection, Heritage Temple Design Collection, Kinder Pet Collection, Swinging Collection, Pot Collection, Leaf Collection and many more.

Various RR for E-Commerce companies

E-commerce companies are subject to various extant Rules and Regulations (RR). Owing to the cross cutting nature of e-commerce, different laws and regulations across sectors govern the present e-commerce activities, some of which are Income Tax Act, 1961, Consumer Protection Act, 1986, Information Technology Act, 2000, Foreign Exchange Management Act, 2000, Payment and Settlement Systems Act 2007, Companies Act, 2013 and laws related to Goods and Services Tax.

IDC launches two initiatives

The India Design Council (IDC) launched the Chartered Designs of India (CDI) and the Design Education Quality Mark (DEQM) in New Delhi. These two initiatives of IDC and National Institute of design, Ahmedabad will help to address the 5 challenges of scale, quality of design, quality of education for design, raising the priority for design in industry and design for public purpose.

As Design Education gains momentum in India, it is necessary that commissioners of Design projects and designers are able to distinguish qualified professional designers as against hobbyists and non-professionals. India has a growing design ecosystem that has resulted in growth both in employment of creative skills and impact in the service sector. Creative manufacturing and design innovation will be the key drivers in the Make in India initiative of 2020 and beyond and further strengthening the brand “designed in India”.

Santacruz Silver 3Q remained good!

Santacruz Silver Mining said the operating and financial results from its Mexican mining operations for the third quarter of 2019. Consolidated mining operations generated a gross profit of $102K including gross profit (GP) from Zimapan of $992K, and gross losses from Rosario and Veta Grande of $672K and $511K respectively plus mine services gross profit of $293K; Net loss after taxes of $1,432K; Consolidated cash cost per silver equivalent ounce sold $18.52K and AISC of $22.83K.

Northern Vertex produced gold of 8,460 oz

Northern Vertex Mining announces its strongest quarter to date with revenue of $14.6 million, earnings from mine operations before depreciation and depletion of $3.8 million and cash provided by operating activities of $3.3 million. 

Kenneth Berry, President and CEO, states: “During the quarter, record setting revenue of $14.6 million and earnings from mine operations, excluding depreciation and depletion, of $3.8 million represent significant improvements from previous quarters. Production of 8,460 gold ounces and 68,421 silver ounces represents our strongest quarter since announcing commercial production in September 2018.”

Sharing 4Cs of Diamond with Consumers!

GIA India organised a seminar on the “4Cs of Diamond Quality” to help customers of Malabar Gold and Diamonds gain knowledge and confidence. More than 35 diamond connoiseurs and buyers of diamond jewellery attended the seminar in Hyderabad.

A GIA India representative shared insights on the famous 4Cs of Diamond Quality – Color, Clarity, Cut and Carat Weight – and how they contribute to determining a diamond’s value. The seminar also helped potential consumers understand the importance of independent diamond grading reports and a jeweller’s responsibility to sell with disclosure.

Malabar hosts a solitaire show with Forevermark

View the Largest Collection of

Forevermark Solitaires till 29th December 2019

Forevermark, the diamond brand from the De Beers Group will showcase a collection of over 300 diamond solitaires at the Malabar Gold & Diamonds store in Andheri, Mumbai. These beautiful solitaire pieces, starting from 0.14 carats onwards, will be on display till 29th December 2019.

Several initiatives for MSME growth

As reported by Central Statistics Office (CSO), Ministry of Statistics & Programme Implementation (MoSPI), the Share of MSME manufacturing output in All India manufacturing Gross Value Output (GVO) during 2014-15, 2015-16 and 2016-17 has been 36.1%, 36.9% and 36.5% respectively.

The total number of MSME registrations as per Udyog Aadhaar Portal as on 31.03.2017, 31.03.2018 and 31.03.2019 has been 28.68 lakh, 43.86 lakh and 65.08 lakh respectively.

Bain & AWDC Unveil Diamond Report

The Antwerp World Diamond Centre (AWDC) and Bain & Company have released their ninth annual report on the global diamond industry: Strong Origins: Current Perspectives on the Diamond Industry. As with previous editions, The Global Diamond Industry 2019 report provides expert in-depth analysis of all facets of the diamond pipeline.

It analysis from rough production through manufacturing to diamond jewelry retail across all of the world markets – while delving into recent developments, the machinations driving them and future expectations for the industry and individual components therein.

DGCX Wins FOW International Awards

The Dubai Gold & Commodities Exchange (DGCX) has been awarded ‘Exchange of the Year – Middle East and Africa’ at the Future and Options World (FOW) International Awards 2019 for the second year in a row. The award was presented yesterday evening at a ceremony held in London.