NEWS

ALROSA Vice-President Leaves the Company

ALROSA Vice-President Leaves the Company

Moscow: Andrey Polyakov, Vice-President of ALROSA will leave the company in the near future, the RBC portal says. The decision was agreed with ALROSA's President, the company’s spokesperson told RBC.


Luk Fook Profit Rises with 4Q Improvement

Luk Fook Profit Rises with 4Q Improvement

Hong Kong: Luk Fook has reported a jump in profit for fiscal 2017 and an improvement in consumer sentiment in mainland China.


ORRA Presents Jewellery to Winners of Nach Baliye

ORRA Presents Jewellery to Winners of Nach Baliye

Mumbai: On the finale of yet another phenomenal season of Nach Baliye, the popular dance reality show aired on Star Plus, Mr. Vijay Jain (CEO and Director – ORRA) presented the winners Divyanka Tripathi and Vivek Dahiya with stunning diamond jewellery from ORRA. The gifts included an exquisite necklace studded with 439 diamonds as well as a pair of ORRA’s best selling ORRA Platinum Couple bands, etched with the words “Love” in the language of Morse code.


Gitanjali Jewellery now Available at ‘Project Eve’ Stores

Gitanjali Jewellery now Available at ‘Project Eve’ Stores

Mumbai: Reliance Retail has entered into an exclusive partnership with Gitanjali Group, India’s leading branded jewellery manufacturer-retailer to make fine jewellery from India’s top jewellery brands such as Gili, Nakshatra, Nirvana and Asmi available at the newly launched ‘Project Eve’ store in Mumbai.



GST benefit to Show After a Long Term: Moody’s

GST benefit to Show After a Long Term: Moody’s

Mumbai: India’s all industrial and retailer sectors are gearing up for the implementation of GST from July 1, 2017. Finance Minister Mr. Arun Jaitley will deliver a historic speech on midnight of 30th June to rollout the much-awaited tax reform.



WDC President Andrey Polyakov Resigns

WDC President Andrey Polyakov Resigns

New York: The World Diamond Council (WDC), an industry group focused on removing conflict diamonds from the global supply chain and protecting the value of natural diamonds, announced yesterday that current president Andrey Polyakov will be resigning by the end of the week. Current WDC Vice President Stephane Fischler will become acting President effective July 1, 2017. Mr Fischler will serve in this capacity until the end of the term of this Board, at which time he will start his two year’s term as WDC President.


Sarine Releases New Version of its ‘Advisor’

Sarine Releases New Version of its ‘Advisor’

Tel Aviv: Technology firm Sarine Technologies Ltd has released AdvisorTM 7.0, the latest version of its industry-leading rough planning software tool.


Firestone Ups Guidance for Output at Liqhobong by 20%

Firestone Ups Guidance for Output at Liqhobong by 20%

London: Firestone Diamonds plc expects to recover approximately 360,000 carats in the financial year ending 30 June compared with April's guidance of 300,000 carats, the company said in a statement.


JA Delegates Meet Washington Leaders

JA Delegates Meet Washington Leaders

Washington: Jewelers of America (JA) hosted two days of meetings and events in Washington last week to give retailers and suppliers the opportunity to talk with lawmakers about issues affecting the industry.


Petra Warns Sales Set to Fall Short

Petra Warns Sales Set to Fall Short

Johannesburg: Petra Diamonds has lowered its sales and production forecast for the current fiscal year, as an expansion of its operations has taken longer than expected.


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