De Beers

This has also caused India to replace China as the second-largest market in the world for natural diamond jewellery

India's love for darker spirits makes the world's largest beer maker enter the whiskey segment in the country

This year, the first six months have been strong and the positive consumer sentiment continues and the company is hopeful the business will be similar to last year, De Beers India MD Sachin Jain said.

The diamond industry has surprised many by the speed of its recovery after being brought to a complete standstill in the first half of last year

After refusing to budge on diamond prices during much of the pandemic, De Beers and Alrosa PJSC cut prices by 10%

Diamond mining giant De Beers is likely to have to cut jobs, its chief executive said on Thursday, as it outlined plans for an overhaul of its business after the coronavirus hit jewellery demand.

The over 130-year-old company had relaxed return policies for its sightholders in last couple of months

De Beers which contributes nearly 35 per cent of the world rough diamond supplies, has projected to cut production of rough diamond supply in 2019 to 31 million carats from 35 last year

Market expected to remain under pressure in near future, says CFO

India's all large and small processors, retailers will also be integrated

The strategy will create a big price gap between mined and lab diamonds and pressure rivals that specialise in synthesised stones

Analysts said the joint venture no longer fitted LVMH's strategy

De Beers would conduct its first such contract on February 16

De Beers plans to make 200-300 PhosView devices next year in UK to detect synthetic diamonds

India is heavily invested in the gold business, but becoming invested in the diamond business, too, says CEO De Beers

De Beers, world's leading rough diamond suppliers hopes to invest more in India as it sees India and China as strong markets

B2B service to offer third party sales on membership basis, plans to exploit its brand value

Slowing demand from China and an industry-wide credit crunch led De Beers to lower prices about 15 per cent last year

Offers Forevermark consumers to sell their ornaments, solitaire to it at a fair price