Diamond Traders

  • Chinese court sends 5 Indian traders to jail 07-12-2011 05:03 PM

    New Delhi: A court in China on Wednesday sentenced five Surat based diamond traders to imprisonment of between three to five years and acquitted 16 others of charges of smuggling. The diamond traders, mostly Gujaratis, were arrested by Shenzhen customs officials for allegedly smuggling diamonds from Hong Kong to China...
  • Diamond trader turns Surat into a green zone 24-10-2011 09:08 AM

    Surat: A diamond trader in Surat has decided to light up the city this Diwali with a unique initiative. Industrialist Pintu Dholakia is gifting saplings to his employees as Diwali greetings. No glossy greeting cards, but as many as 10,000 such green saplings will be used to say "Happy Diwali"...
  • Fear still lingers in Opera House diamond market 20-07-2011 09:15 AM

    Mumbai: A week after the major blast that tore through Opera House in Mumbai, business and sentiments in this diamond district is badly affected. Traders say they have lost roughly Rs 750 crore in the terror attack. Many shops are still closed, or under repair, and a blanket of fear...
  • Surat diamond traders condole Mumbai blasts 17-07-2011 07:31 AM

    Surat: Diamond traders gathered in Surat to condole the loss of their counterparts in Mumbai's Zaveri Bazaar blast. But the only question that dominated collective consciousness - has the diamond industry become a key target for terrorists? While July 13 serial blasts is the third attack on Zaveri Bazaar, Surat...
  • Mumbai blasts: Govt to decongest Opera House 15-07-2011 09:46 PM

    Mumbai: For 30 years now Opera house has been the hub of the diamond trade in Mumbai. A 70,000 crore industry with more than 2500 offices have refused to move out of this congested area. That's because rental is as low as six rupees a square feet in this prime...
  • Surat traders' pool in Rs 200 crores against Modi 11-12-2007 08:16 PM

    Sydney: Australia's troubles in the run-up to the World Cup can be neatly summed up by the predicament of skipper Ricky Ponting: a world-class performer struggling with form and battling injury. Australia certainly have the pedigree as the top-ranked team in the limited-overs game and the three-times defending champions at...
  • Diamond traders turn good Samaritans 21-05-2007 02:00 PM

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