Page 8 - Surat
Scandal and slowdown: Diamond hub Surat latest pillar of economy to wobble
Banks have been scared off from lending to jewelers in Surat after the Nirav Modi scandal broke, with credit to the sector down 14% in October from March 2018.
 "Scandal and slowdown: Diamond hub Surat latest pillar of economy to wobble")
Expansion plans, new formats help Tata Starbucks grow 26% in Sep quarter
Seven years after its entry into India, Tata Starbucks' consumer connection score is at an all-time high
 "Expansion plans, new formats help Tata Starbucks grow 26% in Sep quarter")
In a first since 1998, NMDC and GJEPC to auction rough diamonds in Surat
Panna diamonds to be showcased first time ever at Surat International Diatrade Centre; stones weighing 24,000 carat in all, and valued at Rs 25 cr will be displayed between Sept 24-27
 "In a first since 1998, NMDC and GJEPC to auction rough diamonds in Surat")
Surat: SMC begins demolition drive, tears down all illegal constructions
After the fire tragedy which claimed the lives of 20 people, mostly students, the Surat Municipal Corporation (SMC) seems to have sprung into action as it began a demolition drive on Monday.Jayesh Solanki, Executive Engineer of the West Zone, SMC said that the demolition drive is targeting all illegal constructions in all the zones of the city and will be continued till they all cease to exist. He asserted that the restaurant being torn down was constructed illegally by flouting the norms."This is a high-rise apartment in which a restaurant was being operated illegally. We are tearing down the portion which is illegal to use. This demolition drive is being carried out in all 8 zones of the city. We will continue it till all the illegal structures are brought down," Solanki told reporters here.The drive started by SMC is likely to avoid incidents such as the one which took place on Friday.A blaze ripped through the coaching centre located in Takshashila Arcade in Surat's Sarthana area .
