- National Diamond Trading Company of Angola closed the 2019 financial year
with a net profit of US$27.1 million, despite the fact that the world market
has entered a downward curve! During the period under review, Sodiam saw the
costs of its operation decrease by 17%, maintaining the trend that started in
to a press release sent to Angolan media, during this period, the company
increased its tax contribution to about 21%. As it only traded 20% of its total
production, a share conferred to it under current legislation, the net result
did not perform as well as it did in 2018.
M Ajit Kumar, Chairman, Central Board of Indirect Taxes and Customs (CBIC)
launched the e-Office application in over 500 CGST and Customs offices across
India here. The e-Office application was launched remotely in the presence of
over 800 senior officers of CBIC. Dr Neeta Verma, DG, National Informatics
Centre, (NIC) was also present.
50,000 officers and staff will use this application making CBIC one of the
largest Government departments to automate its internal office procedures. The
launch of e-Office marks a fundamental change in internal office procedures
which is so far based on manual handling of files and paper movement.
least one hundred and thirty one diamond stones were seized at weekend in the
municipalities of Chitato, Capenda Camulemba and Cuango, Lunda Norte province,
Angola. The seizure occurred during a joint operation of the Border Guard
Police (PGF) and the Criminal Investigation Service (SIC) in the diamond mining
areas along the borders.
to a note from the National Police to which Angop had access Monday, 71 stones
were seized in the municipality of Chitato, 59 in Capenda Camulemba and one in
Cuango. The operation also resulted in the arrest of 30 immigrants, who were
sales rose dramatically in May as retailers and other businesses closed by the
coronavirus pandemic began to reopen, but remained well below spending levels
seen during the same period a year ago, the National Retail Federation said.
sales report is very encouraging news at a time when we need to focus on what
will happen as retail doors opens once again,” NRF President and CEO Matthew
Shay said during a live interview on CNBC’s Squawk Box program this morning.
“For a sick economy, there is no better medicine than retailers responding to
consumers who are ready to safely return to stores.
Trade will remain closed in
and Surat on June 16th
is with profound sadness that we wish to inform you about the passing away of
Arun R Mehta. Arunbhai, an industry stalwart and highly respected community
leader was a guiding force and mentor to many. He was 80 and is survived by his
wife Rajnika, son Russell and daughters Amita Samir Mehta and Alpa Nishit
Kothari, his daughter in law Mona, and sons in law Samir Mehta and Nishit Kothari,
along with many grand and great grandchildren.
Global Ratings international rating agency confirmed Alrosa’s BBB- investment
grade credit rating with a stable outlook. The agency draws attention to the
company’s consistently high profitability, its leading position in the diamond
market and high-quality reserves, as well as prudent financial and dividend
policies and high level of corporate governance.
stable outlook reflects the agency’s confidence in relatively fast recovery of
credit metrics in 2021-2022 after the weakening amid Covid-19 lockdowns, as the
company acted proactively to limit the negative impact on its cash flows. Among
measures taken, S&P Global Ratings highlights downward correction of the
company’s capex program and production target.
is going to define India’s future!
Minister of Commerce and Industry has said that Quality is going to define
India’s future. Reviewing the performance of the Quality Council of India (QCI)
through the Video conference, Goyal said that Aatmanirbhar Bharat will grow and
prosper on the basis of quality indigenous products and services. He said that
quality consciousness will have to percolate to the level of the common man,
and quality culture imbibed and cultivated in all aspects of our life.
Mining Corp reports positive drill results from the Bayacun Zone within the Las
Conchitas area of its wholly-owned San Albino-Murra property located in Nueva
Segovia, Nicaragua. The Las Conchitas
area is located approximately 2.5 kilometers south of the fully permitted San
Albino gold project currently under construction.
goal of the 2020 drill program at Las Conchitas is to focus on the most
promising zones of near surface, shallow dipping, high-grade gold
mineralization in order to delineate a maiden resource estimate. Since 2019, the Company has completed 65
shallow diamond drill holes totaling 4,351.70 meters within the Bayacun Zone,
which is among the most promising zones within the Las Conchitas area. A total of 15,052.75 m within 197 holes have
been drilled at Las Conchitas since the start of the 2019-20 drilling campaign.
Leibish, President-Leibish & Co inks & said, the genie is out of the
bottle, something had to been done, something which cannot be changed or
stopped. Our daily life and the way we do business have permanently changed. I
used to think that the Aborigines had a big problem, if they buy a new
boomerang they cannot just throw away the old one, it always comes back.
realize today that even old habits can be changed. Many of us used to drive
their offices in the city but today work from home. My son Itzik, The COO of
Leibish US used to commute 3 hours a day to and from his Manhattan office.
ring set with
diamonds, in yellow gold
jewelry collection dedicated to the iconic Boucheron serpent, protective spirit
and symbol of eternity. Delicately sculpted and polished, gold enhances the brilliance
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