Articles tagged under: Diamonds

Import – Export of diamonds in Surat significantly up this year compared to 2018

October 09, 2019
Import – Export of diamonds in Surat significantly up this year compared to 2018

According to figures announced by Surat Diamond Bourse, the city of Surat witnessed increase in import and export of diamonds in year 2019-20 compared to same period in previous year. While import of diamond increased by Rs. 3,783 crore this year compared to previous year, export also witnessed increase of Rs. 233 crore this year. By the month of August in year 2018, Rs. 14,491.91 crore rough diamonds were imported through 7,101 registered orders in addition to import of Rs. 11.92 crore cu...Read More

Box of diamond containing around 99 carat of precious gem stolen during International exhibition in Surat

December 15, 2018
Box of diamond containing around 99 carat of precious gem stolen during International exhibition in Surat

Surat: A box of diamond containing around 99 carat of the precious gem worth around Rs 6 lakhs were stolen during a well known international diamond exhibition 'Sparkle International 2018' organized in Sarsana area of this southern city of Gujarat which is also known as the diamond city of India due to large presence of related cutting and polishing Industries. The 3 day exhibition to be concluded on December 17, was inaugurated yesterday only. Police Inspector of Khatodara polic...Read More

PM addresses Hari Krishna Skill India Incentive Ceremony at Surat via video

October 25, 2018

Surat: Prime Minister Shri Narendra Modi today addressed Hari Krishna Skill India Incentive Ceremony function held at Surat live via video. In this function, 600 employees of major diamond firm Hari Krishna Exports Pvt Ltd. were given cars as Diwali bonus. Employees came on stage with family members and received keys of cars. Savjibhai Dholakiya, owner of Hari Krishna Exports presented car keys to staff members. Prime Minister himself presented car keys to two handicapped women staffers and ...Read More

Diamond company in Gujarat to give 600 cars to staffers as Diwali bonus tomorrow, PM Modi may attend the event via video

October 24, 2018
Diamond company in Gujarat to give 600 cars to staffers as Diwali bonus tomorrow, PM Modi may attend the event via video

Surat: Hari Krishna Exports Ltd, a Diamond manufacturing and exporting company with manufacturing units at Surat in Gujarat, would distribute 600 cars to its as many employees as annual Diwali bonus tomorrow during an event here which would also be joined by PM Narendra Modi through video conferencing. Owner of the company with its sales head-office in Mumbai, Savji Dhanji Dholakia today said that this was part of the company's policy to appreciate the contribution of employees. ...Read More

President Kovind sets aside tradition and attends Santokba Award function

May 30, 2018

Surat: President Ram Nath Kovind presented Santokba Awards to Nobel prize winner social worker Kailash Satyarthi and retired ISRO scientist A.S. Kiran Kumar. Speaking in the function, President Kovind said little bit deviated from the established tradition of Rashtrapati Bhavan to attend this function. There's a tradition that President would not go to award functions organized by private companies, the President said adding that,'when I looked at the list of awardees I thought I might choos...Read More

In videos: Two Patidar community events at same time, one for progress, another for politics

May 26, 2018

Gandhinagar: Presented above is live streaming of Global Patidar Business Organization(GPBO) event being held in Ahmedabad in presence of Gujarat Chief Minister, Deputy Chief Minister and leading Patidar community businessmen. The event is organized to inaugurate GPBO. Presented below is Patidar Nyay Mahapanchayat event being organized by Hardik Patel in presence of about dozen Congress MLAs at Malvan in Dhrangadhra taluka of Surendranagar district. Read More

If I had not come here today, I would have impression of Surat city as the one I saw twenty years ago: Ratan Tata

May 04, 2018
If I had not come here today, I would have impression of Surat city as the one I saw twenty years ago: Ratan Tata

Surat: If I had not come to Surat today, I would have same impression of Surat that I saw 20 years ago. The city has changed drastically in twenty years, said Ratan Tata who was on one-day visit to Surat. Tata specially choose to travel across the city sitting in Range Rover car. Though there were other cars offered to him such a Rolls-Royce, Ferrari and Jaguar, Tata choose Range Rover due to its height, as he wanted to see the city of Surat from inside the car. Tata visited Armenian...Read More

2,000 in Surat lose jobs due to Nirav Modi – Mehul Choksi fraud

March 04, 2018
2,000 in Surat lose jobs due to Nirav Modi – Mehul Choksi fraud

Surat: Around 2,000 persons are believed to have lost their jobs in scamsters Nirav Modi and Mehul Choksi's companies in Surat. Nirav Modi's five manufacturing units are seized along with one office in Belgium tower in Surat. Mehul Choksi's ten offices are sealed in Diamond Park. Six bank accounts of Nirav Modi and Mehul Choksi are freezed. Nirav Modi's manufacturing unit and registered office was located in Surat's Sachin based Special Economic Zone under the title of Firestar Diam...Read More

GJEPC welcomes reduction of GST rate on diamond and precious stones

January 19, 2018
GJEPC welcomes reduction of GST rate on diamond and precious stones

Surat/Mumbai: GJEPC on behalf of the Gems & Jewellery trade fraternity has welcomed the announcement made by GST Council regarding reduction of GST rate on Diamonds & Precious Stones from 3% to 0.25%. Pramod Agarwal, Chairman, Gems and Jewellery Export Promotion Council in a statement said: This move will certainly support the SMEs of the sector and small players including brokers, agents, and traders to function smoothly without blockage of working capital. Looking at the six million plus ...Read More

After textile traders, Diamond industry in Surat to observe bandh to protest GST structure tomorrow

June 16, 2017
After textile traders, Diamond industry in Surat to observe bandh to protest GST structure tomorrow

Surat: Close on heels of the bandh organized by textile traders here to protest against the tax structure in the Goods and Services (GST) tax regime, thousands associated with diamond cutting and polishing business in this city known as diamond city will also observe bandh tomorrow for similar reasons. The diamond industry is opposed to the multi level taxation under the regime to be implemented from July 1. The 5 percent slab for cutting and polishing business has especial...Read More

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