IDEX Online - Polished Market Polished Market
- Antwerp Deal: Choron Group Acquires AMC Groupon 24 December 2024 at 5:00 am
Rough-to-polished diamond house The Choron Group, is to acquire AMC Group, a De Beers sightholder and manufacturer. The two companies said in an joint statement that they will combine their operations into what they describe as...
- $1bn Debt: Gitanjali Gems Tops Defaulter Liston 24 December 2024 at 5:00 am
Gitanjali Gems, the company established by fugitive diamantaire Mehul Choksi, has been named as India's biggest wilful defaulter, with unpaid bank loans of Rs 8,516 crore ($1bn). The company once had 4,000 points of sale, and more than a 50 per cent...
- Surge Forecast for India's Retail Diamond Marketon 24 December 2024 at 4:00 am
India is now the world's second biggest market for diamonds and jewelry, and is forecast to grow by over 40 per cent by 2030, says Amit Pratihari, managing director of De Beers India. He was speaking on Saturday (21 December) in Surat after...
- BDB Session on Challenges of Diamond Identificationon 19 December 2024 at 6:00 am
Bharat Diamond Bourse (BDB) hosted a session on the latest developments and challenges in distinguishing lab growns from natural diamonds, as part of its ongoing Leadership Series. Dr. Wuyi Wang, vice president of research and development at GIA...
- Yellow Diamond Toi et Moi Fetches $240,000on 18 December 2024 at 10:00 am
A "toi et moi" ring featuring a 3.61 carat fancy vivid yellow, internally flawless, pear-shaped diamond sold for $254,000 at the Phillips New York Jewels Auction. It beat its low estimate of $240,000 but fell short of its $300,000 high estimate. The platinum...