A 20-carat blue diamond, that fetched $15 mn, may prove saviour for debt-ridden owner
Blue gem-quality stones are among the most valuable in the world.
Diamond mines-to-brand firm KGK opens factory in Angola
The new KGK factory, in partnership with SODIAM, the Angolan state owned company for ...
How a tough Indian market is making De Beers change its policy
De Beers, once-inflexible diamond company, allows traders to return rough ston...
Lab Diamonds make retail inroads but trade rebels
Diamond industry in India and across the world takes the revolutionary road as it sets the trend of lab-grown diamonds which is hard to distinguish from the pure ones. However, the retail viability of diamonds made in a lab are on a lookout.
ED arrests Iqbal Mirchi’s close aide Humayun Merchant
The Enforcement Directorate arrested Humayun merchant who is a close aide of Iqbal Mirchi. ED probing into the alleged property deals of the...
Lab-grown diamonds can revive India's struggling diamond industry
Around 10 per cent of the diamond factories in Surat are nowadays cutting created diamonds at a time when the earth-mine industry is suffering, Amish R Shah, President of the ALTR Created Diamonds, said.
Amex adds 6 lakh new merchants since 2017
The growth across the country is driven by increased demand from tier-I and tier-II cities where American Express Card members want to spend, the premium credit card and payment platform company said in a release.
Escalating Hong Kong protests likely to dent India’s diamond exports further
As per reports, protests paralysed Hong Kong on Wednesday, with police making arrests in a busy business district.
MDR boost for merchants using UPI
This move is expected to encourage small grocery stores, chemists and kirana stores across the country to set up basic acceptance infrastructure such as QR code to receive payments made through UPI.
Alternative investment returns monitor: For the week ending November 13, 2019
Here are the alternative investment options with their returns, for the week ending November 13, 2019. The proportion and purpose of these is vastly different.
Payment platforms vie for merchant UPI transfers
PhonePe claimed it had recorded 90 million merchant transactions through the app in August alone.
Alternative investment returns monitor: For the week ending November 6, 2019
Here are the alternative investment options with their returns, for the week ending November 6, 2019. The proportion and purpose of these is vastly different.
Young, rich Indians have started a gem of a trend as demand for rubies, sapphires grow
Demand for precious stones in jewellery is growing with urban buyers willing to pay top price for them.
Manthan Software to acquire US-based RichRelevance
The Bengaluru-headquartered company which specialises in software applications for the retail industry and counts United Supermarkets, Pizza Hut, Helzberg Diamonds, Love’s, Alshaya, and Future Group as its clients.
Fugitive diamond merchant Nirav Modi arrested in London
Fugitive diamond merchant Nirav Modi, the main accused in the Rs 14,000-crore Punjab National Bank fraud, was arrested in London, according ...
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