A year ago, Indias diamond capital hit the headlines when one of the largest polishing companies in the western city of Surat treated hundreds of employees to bonuses in the form of Fiat cars, apartments and jewellery. In 2015, theres no sign of a ... International Business Times India, 1 week ago
Recession gives Surat diamond industry a hard time - Economic Times, 2 months ago
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With Diwali approaching, Deepak Patel would have expected nothing short of a grand bonus - but not this year. The sheen of the diamond city of Surat is wearing off, at least for the time being. The diamond industry, which is known to reward its employees in a ...Economic Times, 3 weeks ago
Sources say of the 4,000 units in Surat, about half have been shut. Image: A model wears a 50.05-carat heart-shaped D-Colour internally flawless diamond pendant. Photograph: Stefan Wermuth/Reuters. The image is used for representational purpose only. With the diamond sector in Surat recording hundreds of crores of losses and payment defaults on the rise, a cloud of uncertainty looms over workers in India’s diamond capital. Sources estimate 70-80 per cent of them have been affected by ...Rediff.com, 2 months ago
AHMEDABAD: The Patels have been cheerleaders of Prime Minister Narendra Modi's much-debated 'Gujarat Model' of development. "Nine out of 11 diamonds sold across the world are polished in Gujarat," Modi used to say. He'd also proudly mention Morbi, a ...Times of India, 1 month ago Sluggish diamond business fueling Patel unrest Times of India, 1 month ago
The success of the Diamond Park project, experts say, will depend on the availability of skilled manpower as diamond cutting and polishing is a specialised job, even as the MP state cabinet has cleared it. The proposed gems and jewellery park ...Hindustan Times, 1 month ago
After a major flood, this Indian city decided it would not allow itself to become a disaster statistic once again. SURAT, India—Walk around Surat, the diamond capital of India, and it is impossible not to notice HFL 8.8.2006 scrawled on many ...The Atlantic Cities, 4 weeks ago
The GIA has reportedly banned a diamond manufacturer suspected of committing fraud Posted August 11, 2015 | By Stephanie Chan • Journalist Transparency continues to be a critical factor in ...Jeweller Magazine, 1 month ago
12:47 am The Hardik Patel phenomenon seems to have caught everyone by surprise. That lakhs of Gujaratis should protest in unison all over the state at the command of someone who till a few weeks ago was little known outside his immediate circle of ...The Freepress Journal, 1 week ago Paradox of the Patel reservation protests Calcutta Telegraph, 1 month ago
The ban is likely to be effective until Saturday in some volatile areas. CRPF soldiers march in market areas as life returns to normalcy in the sensitive Bapunagar area after the clashes, in Ahmedabad on Friday. (Source: PTI photo) Businesses ...Indian Express, 1 month ago
As the unrest in Gujarat continues to dominate India's headlines with members of the Patidar community led by 22-year-old Hardik Patel turning out en masse to demand categorisation as Other Backward Classes (OBCs), or affirmative action, IBTimes ...International Business Times UK, 1 month ago
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