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Diamonds Investment

Blackstone to pay up to $550 million to acquire diamond grading firm IGI

Blackstone, the world's largest private equity firm is likely to sign an agreement with Fosun and IGI's other shareholders by the end of this week

Blackstone to pay up to $550 million to acquire diamond grading firm IGI
Updated On : 18 May 2023 | 9:34 AM IST

Russia's secret gem sales fracturing diamond trade from Mumbai to New York

Many in the industry refuse to deal in Russian gems following the invasion of Ukraine and after mining giant Alrosa PJSC was hit with US sanctions

Russia's secret gem sales fracturing diamond trade from Mumbai to New York
Updated On : 18 Sep 2022 | 9:39 PM IST

How a glut in diamonds is taking a toll on an already embattled industry

The blossoming popularity of lab-grown diamonds - and production in China and India - is another potential headwind for miners of natural gems

How a glut in diamonds is taking a toll on an already embattled industry
Updated On : 17 Aug 2019 | 11:49 PM IST

Don't buy diamonds just for investing

Prices of these precious stones are volatile and one needs to have a long investment horizon

Don't buy diamonds just for investing
Updated On : 29 Aug 2017 | 3:31 AM IST