Choksi's Diamond Firm Named India's Biggest Willful Defaulter

Choksi’s Diamond Firm Named India’s Biggest Willful Defaulter

Gitanjali Gems, the company established by Mehul Choksi, the fugitive diamantaire, has been named India's biggest willful defaulter, with unpaid loans of Rs 7,848 crore ($947m). The Reserve Bank of India (RBI), has announced a...
Aurum Holdings pushes harder into luxury jewellery to match prestige of watch portfolio

Aurum Holdings Pushes Harder Into Luxury Jewellery to Match Prestige of Watch Portfolio

Aurum Holdings is upgrading its jewellery offering to the same status as its portfolio of watches, which includes Rolex, Cartier, and Patek Philippe. Over the last 12 months, Aurum Holdings has started to reposition its...
AURUM DESIGN ONE OF A KIND NECKLACE FOR SUPERSTAR KATY PERRY

AURUM DESIGN ONE OF A KIND NECKLACE FOR SUPERSTAR KATY PERRY

August 2022. Leading Icelandic jewellery brand Aurum’s founder and designer Guðbjörg had the immense honour to create necklace for superstar Katy Perry at a special event in Reykjavik this weekend. The world famous singer was...
Israel To Host First Full-Scale Intl. Diamond Week Since Covid

Israel To Host First Full-Scale Intl. Diamond Week Since Covid

The Israel Diamond Exchange is organising its first full week of diamond-related events in three years in 2023. The Israel International Diamond Week is scheduled from 27th to 30th March, 2023, and will include...
Sales slide for Warren James amid challenging trading conditions

Sales slide for Warren James amid challenging trading conditions

National jewellery retailer Warren James has reported a revenue decrease for the year ending March 2019. According to accounts filed with Companies House, sales dipped by 6.5% to £110.4m....
India's Diamond Industry Hit by 2% Online Sales Tax

India’s Diamond Industry Hit by 2% Online Sales Tax

India's diamond industry, already reeling from COVID-19, has been dealt another blow, with the introduction of a 2% online sales tax. The so-called Equalization Levy will be applied to all sales made by any foreign...
alrosa subsidiary Severalmaz conducts pilot tests of drones

ALROSA’s Subsidiary Severalmaz Conducts Pilot Tests of Drones For Mine Surveying

ALROSA group company PJSC Severalmaz tested “unmanned aerial vehicles”, the parent Company said, “for mine surveying of land objects of Lomonosov Mining and Processing Division”. The drones used in the pilot test included a Geoscan...
Tanishq Unveils Its Largest GCC Store in Dubai, Signals New Phase of Regional Expansion

Tanishq Unveils Its Largest GCC Store in Dubai, Signals New Phase of Regional Expansion

Tanishq has strengthened its Middle East strategy with the launch of its largest flagship store in the GCC, opening doors in Dubai’s iconic Meena Bazaar. The new outlet represents the brand’s first major regional...
De Beers Group reports full-year revenue increase

De Beers Group reports full-year revenue increase

The De Beers Group has reported an increase in revenue for 2018, a performance the company describes as “robust” despite a number of headwinds. Total revenue for the year increased by 4% for $6.1bn (£4.7bn),...
Buckley London creates winter wonderland campaign

Buckley London creates winter wonderland campaign

Fashion jewellery brand Buckley London has unveiled its Christmas campaign, featuring a winter wonderland of sparkling crystals, polished metallics and festive gifts. The British brand has encapsulated a minimal, yet traditional theme for this year’s...

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