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Tag "Diamond"

Eurostar Diamond Traders Close to Bankruptcy

Eurostar Diamond Traders Close to Bankruptcy 0

🕔10:33, 14.Mar 2019

Eurostar Diamond Traders could be forced to file for bankruptcy soon, after a Belgian court rejected its reorganization plan. The large Antwerp-based manufacturer, which owes an estimated $500 million, is no longer considered a financially viable business after losing its

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Nirav Modi Diverted Rs 934 Crore to Personal Accounts

Nirav Modi Diverted Rs 934 Crore to Personal Accounts 0 Updated

🕔09:35, 12.Mar 2019

Fugitive diamond merchant Nirav Modi diverted Rs 934 crore into his personal account and two other accounts in the name of his wife and father, says the supplementary chargesheet filed by the Enforcement Directorate in the Mumbai special court on Friday. Of this, Rs

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Mehul Choksi’s Firm Passed Off Lab-grown Diamonds as Natural Stones, Alleges US Probe

Mehul Choksi’s Firm Passed Off Lab-grown Diamonds as Natural Stones, Alleges US Probe 0 Updated

🕔18:00, 10.Mar 2019

Fugitive diamond trader Mehul Choksi’s firm in the US, Samuels Jewelers Inc., may have sold lab-grown diamonds to customers by falsely certifying them as natural stones, a probe ordered by a US bankruptcy court has alleged. The report added that

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Karisma Kapoor Turns Showstopper for Forevermark Red Carpet 2019 Collections

Karisma Kapoor Turns Showstopper for Forevermark Red Carpet 2019 Collections 0 Updated

🕔12:28, 7.Mar 2019

Mumbai, March 07, 2019: Forevermark, the diamond brand from De Beers Group hosts an evening in honour of female achievers across a variety of disciplines at the Taj Mahal Palace Hotel, Mumbai. The evening commenced with a panel discussion titled

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Diamonds: Not Just a Girl’s Best Friend, But Also an Investor’s

Diamonds: Not Just a Girl’s Best Friend, But Also an Investor’s 0 Updated

🕔11:30, 7.Mar 2019

“Diamonds have been the ultimate representation of life’s most meaningful demonstrations of love and commitment for generations.” – Bruce Cleaver, CEO, De Beers Group Diamonds are precious gems, that are beautiful romantic tokens of love and coveted objects of desire.

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Millennials Responsible for 41% Diamond Jewellery Sales: De Beers Report

Millennials Responsible for 41% Diamond Jewellery Sales: De Beers Report 0 Updated

🕔10:07, 6.Mar 2019

Apparently, it’s not only pricey avocado toast that’s preventing millennials from saving enough money to buy homes. According to a new report from De Beers, that cash-strapped generation is singlehandedly responsible for a whopping 41 percent of all diamond jewellery sales—even though

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Are Millennials About To Disrupt The Diamond Industry?

Are Millennials About To Disrupt The Diamond Industry? 0 Updated

🕔16:06, 1.Mar 2019

The song goes; ‘Diamonds are a girl’s best friend’ but that isn’t true for Millennial women (or Millennials in general), 70% would consider buying lab-grown diamonds over mined ones. A statistic that is music to Type IIA diamond-maker ALTR ears.

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Surat: Prices of +11 Diamonds Crash After Stock From Tamil Nadu Flood Mumbai Market

Surat: Prices of +11 Diamonds Crash After Stock From Tamil Nadu Flood Mumbai Market 0 Updated

🕔11:02, 1.Mar 2019

Prices of the +11 diamond size manufactured by the small and medium diamantaires in the Surat world’s largest diamond cutting and polishing centre has crashed by nearly 30% in the last two days after the diamond brokers in Mumbai in

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Rio Tinto’s Diamond Sales Slip in 2018

Rio Tinto’s Diamond Sales Slip in 2018 0 Updated

🕔10:18, 28.Feb 2019

Revenue from Rio Tinto’s diamond division slid 1.6% to $695 million in 2018, the miner reported Wednesday. The diamond unit’s profit rose 28% to $118 million, while earnings before interest, tax, depreciation and amortization (EBITDA) increased 4.9% to $301 million.

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Alrosa Unearths 99 Carat Gem-Quality Diamond

Alrosa Unearths 99 Carat Gem-Quality Diamond 0 Updated

🕔10:00, 28.Feb 2019

The world’s top diamond producer by output, Alrosa, has unearthed a rough diamond weighing 98.8 carats at Zapolyarnaya kimberlite pipe, which is the part of Russia’s Verkhne-Munskoye diamond deposit.The rock, a unique transparent one with a visible yellow shade and of gem-quality, is the second

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