GJEPC & Jaipur IT Dept. Organise Outreach Program
GJEPC in collaboration with the Income Tax Department, Jaipur, successfully conducted an outreach program focused on “Understanding the Basics of Tax Deducted at Source (TDS) Provisions”. The event was attended by 25 participants from...
G7 Sanctions are Lose-Lose, say African Producers
The new G7 sanctions will be a "lose-lose situation" say African diamond producers.
Routing all EU-destined diamonds though a single entry point in Antwerp will create "a logistical nightmare for producer countries," Lefoko Moagi, Botswana's...
Pandora Q2 Sales Increase, Despite Uncertainties
Pandora has reported a five per cent growth in Q2 sales, despite ongoing macroeconomic uncertainties.
The Danish jeweler says strong brands and products helped it deliver "robust growth" and it had expanded its network by...
Anglo American Cuts 3,700 Platinum Jobs
Anglo American is to cut 3,700 jobs in its platinum division after profits plunged.
It blames "macroeconomic uncertainty", and a 35 per cent fall in price of platinum group metals (PGM), which are used in...
Downturn Forces GIA to Close Israel Lab
GIA is to close its lab in Ramat Gan, Israel, saying it is no longer "financially sustainable".
The facility, which opened in August 2012, will close by the end of this year. Submissions will be...
Dubai Hosts World’s First Lab Grown Symposium
More than 230 delegates attended an inaugural lab grown symposium in Dubai to address issues facing the industry.
It was, said Ahmed Bin Sulayem, chairman of the Dubai Diamond Exchange (DDE), the first event of...
OJ Simpson’s Ashes Turned into Jewelry
The remains of OJ Simpson have been turned into lab grown gems for his four children.
His attorney and executor Malcolm LaVergne said Arnelle, Jason, Sydney and Justin each now had a jewelry item as...
US Prosecutors Chase Diamonds from “Hezbollah Boss”
Federal prosecutors in the USA have filed documents to seize 35 more diamonds, a number of artworks and sculptures and $2m in cash from Nazem Said Ahmad, alleged financier of the Hezbollah terror group...
Titan’s Jewelry Growth Slows as Gold Prices Surge
The growth in jewelry sales at Titan slipped again in the three months to 30 June, as spiraling gold prices hit consumer demand.
Titan, part of Tata Group, the country's largest conglomerate, reported a 9...
De Beers & GJEPC Discuss Industry Dynamics at Mumbai Meeting
Mr. Paul Rowley, Executive Vice President, De Beers - Global Sightholder Sales, met with the GJEPC leadership including Chairman Mr. Vipul Shah; Vice Chairman Mr. Kirit Bhansali, and officials from the Council's Diamond Panel,...
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De Beers Posts 17% Increase in Q1 Diamond Production, Reaching 7.1 Million Carats
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GJEPC Surat RO Hosts Industry Interaction with DGTS on Key Tax Concerns
The Gem & Jewellery Export Promotion Council (GJEPC) Surat Regional Office recently organised an important meeting between gem and jewellery industry representatives and Shri...
LVMH watch boss sees Jean Arnault as best candidate for his role
Jean-Christophe Babin, the head of LVMH’s watch division, says he’s ready for a phased retirement and Jean Arnault would be an obvious candidate to...
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