Diamonds
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Coronavirus: Surat diamond industry stares at Rs 8,000 cr loss in next two months as Hong Kong declares state of emergency
•The Surat diamond industry is likely to face a loss of around Rs 8,000 crore in next two months as Hong Kong, which is a major export destination, has declared a state of emergency due to the coronavirus outbreak in China, say experts
Nirav Modi, aides forged diamond sales to siphon off huge funds from PNB; HSBC, audit firm questioned fugitive's deals: Probe report
Yatishyadav •In 2011, Modi's shadow company Unique allegedly transferred Rs 7.13 crore to his another company namely Synergies.
PNB fraud case: Govt to auction rare art belonging to Nirav Modi; MF Husain's work among assets to come under hammer
•Indian tax authorities raised about $8 million in an auction conducted last year by Saffronart of rare oil paintings that were seized from Modi.
French luxury group LVMH, US jewellers Tiffany announce $16.2 bn tie-up
•LVMH and US jewellers Tiffany announced Monday a $16.2 billion tie-up that is the French luxury group's biggest-ever acquisition and will bolster its presence in the United States
Does automobile sector need more sops, weak demand makes market tough for cement firms; all this and more on Moneycontrol Pro
Moneycontrol •The Indian automobile industry is down in the dumps, the likes of which it has not seen in two decades.
American jeweller Tiffany & Co to enter India; will open stores in Delhi, Mumbai in partnership with Reliance Industries
•Iconic American jeweller Tiffany & Co said it will enter the Indian market in partnership with billionaire Mukesh Ambani's Reliance Industries and plans to open its first store in Delhi this year and one in Mumbai next year
Rihanna shares photo of six-year-old lookalike on Instagram, 'almost drops' her phone in shock
•Rihanna's last album was 2016's critically-acclaimed Anti.
India to play active role in evolution of Kimberley Process to strengthen trade, manufacture of diamonds
•Diamonds which were called blood or conflict diamonds have been almost completely excluded from global trade
Diamonds are cooked up as Earth recycles minerals below the ocean floor: Study
Tech2 News Staff •Some diamonds, despite being far less appealing to jewelers, reveal a lot about the environment they are formed in.
Rupee depreciation: Why currency trade with 'vulnerable' countries is the antidote to dependency on US dollar
Muralidharan •The rupee trade is any day better than the hare-brained idea of curbing non-essential imports which are bound to invite retaliation on a wide front