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Diamond Jewelry

Gitanjali Group selects SAS Visual Analytics for business data

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Gitanjali Group, the global integrated diamond and jewellery manufacturer and retailer, will use SAS Visual Analytics to explore and analyse business data such as supply chain and profitability metrics. With the adoption of this highperformance analytical solution, Gitanjali Group expects to enhance decision making and widen the acceptance of advanced analytical modelling within the oranisation . Users can explore data ... Read More »

Banks Move Vigilantly On Financing Diamond firms

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Banks have taken a cautious approach towards financing diamond companies, including sightholders (registered bulk buyers) of global mining majors such as De Beers and Rio Tinto, to check a further rise in their non-performing assets (NPAs). After the 2008 economic debacle that slowed jewellery demand globally, even leading Indian diamond jewellery exporters failed to repay loans, thereby increasing the NPA ... Read More »

Certified Polished Diamond Prices Stable In March

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Certified polished diamond prices held steady in March with 0.3 0-carat stones continuing to outpace other sizes. Market sentiment improved throughout the first quarter of 2013 driven by seasonal Far East demand during the Chinese New Year period and steady U.S. bridal demand. The March Hong Kong show exceeded expectations with both Chinese and Indian buyers active in the market. ... Read More »

Hosts Banking Conference

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Most of bankers who attended the seminar on “Emerging- trends in financing of Indian diamond and jewellery sector” organized by the Gems and Jewellery Export Promotion Council (GJEPC) stressed upon the need to expand exposure in diamond jewellery sector while at the same time following prudent risk management r m Vipul Shah_ Chairman of the Gems and Jewellery Export Promotion ... Read More »

MALABAR Group signs KAREENA KAPOOR as the brand ambassador

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Malabar Gold and Diamonds has signed Kareena Kapoor as their Brand Ambassador. With her pedigree and ethereal beauty, Kareena Kapoor brings with her the essence of brand Malabar Gold and Diamonds – as a jeweller who is accepted and recognized for the variety and design of their jewelry. “KareenaKapoor is an epitome of beauty and style and we are extremely ... Read More »

Certified Diamond Prices Dips 12.5% in 2012

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Certified polished diamond prices fell in 2012 as global economic weakness slowed growth in China and poor government policy fueled further declines in India. Steady U.S. demand sustained the jewelry industry but consumer sentiment softened in December as pending tax hikes reduced holiday retail spending. In December, the RapNet Diamond Index (RAPIDS ) for 1-carat polished diamonds was flat for ... Read More »

GIA’S AJP Diploma Programme: Creating star sales associates in Turkey

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Istanbul — Jan 04, 2013: GIA (Gemological Institute of America) recently conducted its first Accredited Jewelry Professional Diploma (AJP) programme for members of the Jewellery Exporters’ Association (JTR) in Istanbul. Conducted at the JTR premises by a qualified GIA instructor, the programme was delivered in Turkish. Participants understood operations of a jewellery retail store and gained insights on how to ... Read More »

India in talks with diamond-producing countries for rough, says minister

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India’s Commerce and Industry Minister, Anand Sharma, said the government is holding talks with diamond-producing states around the world to secure supplies of rough diamonds for the subcontinent’s huge diamond manufacturing sector. “Talks are going on with countries like Russia, Canada, Zimbabwe, and South Africa for long-term contracts for rough diamond supplies to [trading company] MMTC, Hindustan Diamond Company Pvt ... Read More »

Gitanjali Gems Looks Beyond Gold, Diamond To Boost Growth

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In a bid to further grow the jewellery market and fuel demand, Gitanjali Gems is looking beyond the conventional metals and stones and the traditional retail channels. Gitanjali has introduced branded jewellery for emeralds, pearls, rubies and platinum. It is also trying newer ways of retail like ecommerce, e-franchise, gold and diamond vending machines and online jewel souks. In the ... Read More »

Seventh edition of JAS? 13 to begin from July 19

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The seventh edition of Jewelle’s Association Show (JAS) is scheduled from July 19-22, 2013 at BM Birla Auditorium, Jaipur. The poster of JAS-13 was released by Hon tourism minister Beena Kak. The president of Jewellers Association & convener of JAS Nirmal Bardiya states that the gem & jewellery (GJ) trade of Jaipur has gained a new fame in the jewellery ... Read More »