News

Nov 03, 2015

Rare Egyptian Gemstone Scarabs To Be Exhibited At Israel Diamond Museum

On November 23rd, Israel’s Harry Oppenheimer Diamond Museum in Ramat Gan will feature an exhibition of rare Egyptian scarabs. “The exhibition, entitled Protective Force: Egyptian Scarabs from Gemstones, will explore the significant role of gemstones in ancient Egyptian culture as well as the fascination with scarabs throughout history,” said the IDI in a press release announcing the exhibition.

Nov 02, 2015

Titan’s Q2 2015-16 Net Income Down 25% Y-o-Y; Jewellery Business Income Down Over 32%

Titan Company Ltd which announced its results for Q2 FY 2015-16 i.e. quarter ended September 30, 2015 said that its net income had declined by 25% as compared to the same period in the previous financial year. Net income for Q2 2015-16 stands at Rs. 2,654 crore as compared to Rs. 3,564 crore netted in the same period of the previous year. The income for H1 of this FY, i.e. April to September 2015, is Rs. 5,341 crore, registering a decline of 16.8% over last year, the company announced.

Nov 02, 2015

Winners of HRD Awards 2015 Announced

At a gala prize distribution ceremony held in Antwerp on October 29, the winners of the 17th edition of the HRD Awards were felicitated by Peter Macken, CEO of HRD Antwerp, Ludo Van Campenhout, Vice Mayor of Antwerp, Governor Cathy Berx and Richard Shen, CEO of Tesiro.

Nov 02, 2015

Diamcor to Hold Largest Ever Tender Before Year End

Diamcor Mining Inc has announced plans to hold its largest ever tender to date where it will offer 6,800 carats of rough diamonds recovered from its Krone-Endora at Venetia project in South Africa. The mining company did not announce any dates, but said this will be the initial tender for the quarter than ends December 31, 2015.

Nov 02, 2015

India’s Sovereign Gold Bonds Scheme to Open on November 5

The Sovereign Gold Bonds Scheme announced earlier this year will open on November 5, and subscriptions will be accepted till November 20, the government announced in a statement issued on Friday. The scheme will offer an annual interest rate of 2.75 per cent to domestic investors, it added.’

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