Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
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India Should Focus on Incremental Changes in KP
Mumbai (By Suresh Chotai): More than two decades after the Kimberley Process (KP) was born, the diamond industry still faces an uncomfortable truth: the global system designed to keep “Conflict diamonds” out of the market is stuck in the past. The Kimberley Process defines conflict diamonds narrowly—stones used by rebel movements to finance wars against legitimate governments. That definition made sense in the early 2000s, when conflicts in Sierra Leone and Angola shocked the world. But today, violence linked to
India Should Focus on Incremental Changes in KP
Mumbai (By Suresh Chotai): More than two decades after the Kimberley Process (KP) was born, the diamond industry still faces an uncomfortable truth: the global system designed to keep “Conflict diamonds” out of the market is stuck in the past. The Kimberley Process defines conflict diamonds narrowly—stones used by rebel movements to finance wars against legitimate governments. That definition made sense in the early 2000s, when conflicts in Sierra Leone and Angola shocked the world. But today, violence linked to
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RJC Restructures Management Team
New York: The board of directors for the Responsible Jewellery Council (RJC) resolved to restructure its management team and introduce the role of executive director in place of its former CEO, Ashish Deo, who left the organization. James Courage, the chairman of the board, or Charles Chaussepied, the board’s vice chair, is expected to address the changes in detail during
GJEPC & IDI Inaugurate DDRC in Surat
Surat: The Gem & Jewellery Export Promotion Council (GJEPC) along with Indian Diamond Institute (IDI) launched the Diamond Detection and Resource Center (DDRC) on 3rd April, 2015 at the Indian Diamond Institute (IDI), Surat. The Facility was inaugurated by Chief Guest Shri Saurabhbhai Patel, Hon’ble Minster of Finance, Energy, Petro Chemicals & Mines, Tourism, Cottage & Salt Industry, Government of
Israeli Companies Take on Rapaport List
Ramat Gan: A group of leading Israeli diamond traders and manufacturers have decided to post their diamond stocks at full prices on the RapNet Diamond Trading Network (RapNet). The decision follows the publication of the latest Rapaport price list which showed that Rapaport had reduced the prices of a wide range of diamond categories without any commercial justification. The group
GJEPC-De Beers Discusses Key Industry Issues
Mumbai: Delegations of the GJEPC and De Beers exchanged views on key industry issues at a meeting held in the GJEPC premises yesterday. The De Beers team was led by Group CEO Phillipe Mellier, while the GJEPC team included Chairman Vipul Shah, Vice Chairman Pankaj Parekh and other senior members of the trade. The GJEPC presented its perspective of the
RJC Restructures Management Team
New York: The board of directors for the Responsible Jewellery Council (RJC) resolved to restructure its management team and introduce the role of executive director in place of its former CEO, Ashish Deo, who left the organization. James Courage, the chairman of the board, or Charles Chaussepied, the board’s vice chair, is expected to address the changes in detail during
GJEPC & IDI Inaugurate DDRC in Surat
Surat: The Gem & Jewellery Export Promotion Council (GJEPC) along with Indian Diamond Institute (IDI) launched the Diamond Detection and Resource Center (DDRC) on 3rd April, 2015 at the Indian Diamond Institute (IDI), Surat. The Facility was inaugurated by Chief Guest Shri Saurabhbhai Patel, Hon’ble Minster of Finance, Energy, Petro Chemicals & Mines, Tourism, Cottage & Salt Industry, Government of
Israeli Companies Take on Rapaport List
Ramat Gan: A group of leading Israeli diamond traders and manufacturers have decided to post their diamond stocks at full prices on the RapNet Diamond Trading Network (RapNet). The decision follows the publication of the latest Rapaport price list which showed that Rapaport had reduced the prices of a wide range of diamond categories without any commercial justification. The group
GJEPC-De Beers Discusses Key Industry Issues
Mumbai: Delegations of the GJEPC and De Beers exchanged views on key industry issues at a meeting held in the GJEPC premises yesterday. The De Beers team was led by Group CEO Phillipe Mellier, while the GJEPC team included Chairman Vipul Shah, Vice Chairman Pankaj Parekh and other senior members of the trade. The GJEPC presented its perspective of the
