Independence Day with Aisshpra Achiever Awards

Aisshpra Gems & Jewels celebrates Independence Day as the Aisshpra Annual Day. The day is celebrated with the spirit of patriotism and unity every year. The day began with the flag hoisting ceremony at Celebrations Hall, Gorakhpur in the presence of the directors of the Group Mr Atul Saraf, Mr Anoop Saraf, Mr Vaibhav Saraf, Mr Saumitra Saraf and 500 members of the Aisshpra family. It was followed by the lamp lighting ceremony by the patriarch of the Group, Shri Bal Krishna Saraf.

Aisshpra Gems & Jewels, one of the most trusted jewellery houses of Uttar Pradesh have been known for conducting events and activities that bring a difference in society as well as members of the Aisshpra Family. Last year, the brand came up with a patriotic campaign called “EkShapathDeshKeNaam” where every Aisshpra member donated funds for Indian Army martyrs.

24th WHP store launched

Jewellery giant WHP Jewellers broadened their horizons with the launch of 24th WHP Outlet in Boisar. The store was inaugurated on 15th August 2018 in the esteemed presence of Mr Aditya Pethe, Director, WHP Jewellers along with Mr. Subhash Pethe and Mr. Ulhas Pethe The outlet received an overwhelming response from customers with a recorded footfall of more than 4000 customers on Day1.

Established by Late Shri Waman Hari Pethe and Late Shri Ganesh Hari Pethe in the year 1909, the heritage jewellery brand has a widespread of 23 outlets spread in various parts of the country and the launch of 24th Store is another landmark in the history of WHP Jewellers. This new launched store located in one of the most prime vicinities of Boisar.

TBZ-The Original launches its first store in Noida

A Moment marking 154 Years of the Iconic Brand in the Making

It’s a rare moment when an iconic brand - 154 years in the making – makes a grand entry into the City of Future, Noida!

India’s most trusted and well-known jewellery brand for the modern woman, TBZ-The Original, continues its march across India conquering hearts, minds and souls and comes to North India’s future-forward city. For connoisseurs and jewellery lovers in the National Capital Region, the new fashion destination will be TBZ-The Original located at ‘G’ Block, Next to HDFC Bank Sector 18. The first store in Noida is also the 38th TBZ-The Original store across 27 cities in India.

CIBJO pays tribute to Kofi Annan

CIBJO, The World Jewellery Confederation, has paid tribute to Kofi Annan, the former Secretary General of the United Nations, who died in Switzerland on August 18 at age 80. CIBJO President Gaetano Cavalieri described him as "giant among men, whose legacy will be measured by the millions of people he helped save from abject poverty and hopelessness."

The first African to head the international body, during his two terms as Secretary General, from 1997 to 2006, the Ghanaian diplomat formulated the Millennium Development Goals and established the UN Global Compact, both of which can be credited for extracting millions of individuals in under-developed regions from poverty and providing them with a promise for a better future. He was awarded the Nobel Peace Prize in 2001 for his role in revitalising the United Nations.

Forevermark Supports the Tusk Rhino Trail

Forevermark is supporting the Tusk Rhino Trail, a central London wide art installation run by UK registered charity, Tusk that aims to raise awareness of the critical threat facing the black and white rhino population in sub-Saharan Africa.

To celebrate this magnificent animal and raise vital funds to ensure the continued conservation of rhinos and their fellow African species, the Tusk Rhino Trail is supported by an invited list of internationally respected and collected artists and designers who have specially designed, decorated and embellished 21 rhino sculptures.

Clara Diamond Collaborates with Sarine Technologies

Lucara Diamond announces Clara Diamond Solutions Corporation, its 100% owned subsidiary, has entered into a Collaboration Agreement with Sarine Technologies Ltd. Clara will be the exclusive, worldwide customer for customized interfaces and versions of Sarine's Galaxy inclusion mapping technology and its Advisor optimal rough planning for use with Clara's 100% owned, proprietary digital diamond sales platform. 

Clara is on track to launch in 2018, with inaugural rough diamond sales set to commence in the third quarter. Eira Thomas, CEO commented: "Clara is delighted to be partnering with Sarine in a ground-breaking Collaboration Agreement that will align Sarine and Clara in their efforts to create a new, leading sales channel for rough diamonds globally.

Huge Turnout at GIA India Alumni Event at IIJS

More than 40 GIA members from all over India connected

With an aim to foster networking among alumni, GIA India hosted a meet-and-greet event at its booth in the recently concluded India International Jewellery Show (IIJS) 2018. More than 40 GIA alumni from all over India gathered for the opportunity to connect with friends and network for business.

Not only did the Mumbai and New Delhi GIA Alumni Association chapters participate, alumni from Jaipur, Surat and Kolkata also joined in and suggested meetings be held at regular intervals. Some utilised this opportunity to share ideas on how GIA India can work closely with the alumni association chapters.

Alrosa tests rubles payment -mechanism with foreign clients

PJSC Alrosa, the world’s leading rough diamond miner, has tested payment mechanism with foreign clients in Russian currency. As an experiment, relevant transactions were conducted with clients from China and India. If necessary, the Company is ready to use this payment scheme in rubles in the future.

VTB was in charge of the transaction in China. The Chinese company paid for the goods purchased at the auction for special-size rough diamonds (+10.8 carats) held by Alrosa in Hong Kong in June. By agreement with the winner of one of the lots, the contract provided for the payment in Russian rubles instead of US dollars. Payment was made through VTB branch in Shanghai.

US Fed Reserve fines Citigroup

The Federal Reserve Board announced an $8.6 million fine against Citigroup for the improper execution of mortgage-related documents.

The $8.6 million penalty addresses the deficient execution and notarization of certain mortgage-related affidavits prepared by a subsidiary, CitiFinancial. The improper practices occurred in 2015 and were corrected. CitiFinancial exited the mortgage servicing business in 2017.

EPCs Should Work to promote GI Products

Union Minister of Commerce & Industry and Civil Aviation Suresh Prabhu held meeting with representatives of various Exports Promotion Councils (EPCs), including Plantation Boards, Fragrance and Flavour Centre and Airport Authority of India in New Delhi. The Minister elaborated on the action plan for branding and marketing of the Geographical Indications (GI) products and asked the EPCs to align with the Ministry of Commerce for promotion GI products.

The Minister also asked the EPCs to set up GI stalls at major international airports and organize international fairs to popularize GI products globally. In this connection, he called for creating awareness among consumers about the GI products. Suresh Prabhu said that the promotion of GI products will connect the local artisans with the global markets, which in turn will give them opportunity at the international level and help entire value chain grow.