Latest News for: Surat trade

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Surat bourse wooing Mumbai diamond merchants

Hindustan Times 29 May 2023
The newly built Surat Diamond Bourse (SDB), is a stunning 6.7 million square feet space, but for now it is an empty empire ... Among the big names, Kiran Export, which is also has a seat on the board of the bourse, announced that they would soon move in and which is when the SDB began wooing traders from Mumbai to move their trading business to Surat.
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Surat diamond bourse awaits Mumbai glitter

Hindustan Times 29 May 2023
The newly built Surat Diamond Bourse (SDB), is a stunning 6.7 million square feet space, but for now it is an empty empire ... which is also has a seat on the board of the bourse, announced that they would soon move in and which is when the SDB began wooing traders from Mumbai to move their trading business to Surat.
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Hardlook at Surat Diamond Industry: A war and a wake-up call

Indian Express 29 May 2023
Migration story The diamond manufacturing and trading industry in Surat is dominated by migrant Patidars, originally farmers from Saurashtra, and Jains mainly from Palitana in Bhavnagar and Palanpur in Banaskantha ... Today, a majority of the diamond factories of Surat have their trading offices in BKC (Bandra Kurla complex) and other areas in Mumbai.
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How Russia-Ukraine war served as a wake-up call for Surat's diamond industry

Indian Express 29 May 2023
Migration story The diamond manufacturing and trading industry in Surat is dominated by migrant Patidars, originally farmers from Saurashtra, and Jains mainly from Palitana in Bhavnagar and Palanpur in Banaskantha ... Today, a majority of the diamond factories of Surat have their trading offices in BKC (Bandra Kurla complex) and other areas in Mumbai.
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Adani Wilmar forays into whole wheat category under Fortune brand

Indian Express 26 May 2023
... aims to 'consistently increase its market share and expand its presence into high-value metro markets such as New Delhi, Mumbai, Pune, Surat and Ahmedabad.' Adani Wilmar's shares at the time of writing were trading 0.35 per cent lower at Rs 450.15 on BSE.
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Blackstone acquires International Gemological Institute

The Times of India 22 May 2023
Sources in the know said Blackstone is paying $570 million as enterprise value for the company, inclusive of cash/debt ... Globally G7 countries are trying to impose fresh sanctions on Russian mined diamonds that are polished and processed largely in Surat, a hub that dominates 90% of the trade, to put a curb on Kremlin’s war machine in Ukraine ... .
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Russia sanctions loom over India’s diamond hub

Dawn 20 May 2023
The prospect of fresh G7 sanctions on Russia’s diamond trade weighs heavy on India’s diamond hub of Surat, already reeling from supply cuts and falling demand ... Leaders of the G7 countries meeting in Hiroshima in Japan on Friday pledged to restrict trade in Russian ...
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Yakutia Free Trade Zone, Russia Invites Surat Diamond Industry

MENA FN 17 May 2023
(MENAFN - KNN India) Yakutia Free Trade Zone, Russia invites Surat diamond industry Surat, May 17 (KNN) A delegation from Russia's Yakutia province in a meeting with Gems and Jewellery Export ... .
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Diamond industry gets invite to Russia free trade zone

Indian Express 16 May 2023
The delegation rolled out the red carpet at a meeting with the Gems and Jewellery Export Promotion Council (GJEPC) at its Surat office on Tuesday, offering space in its free trade zone and easing out visa hassles ... manufacturers to Yakutia city, where we have free trade zone.
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Born entrepreneurs: Author Coomi Kapoor gives an insight into the Intimate History of Parsis

Financial Express 13 May 2023
As early as the fifteenth century, Parsis were trading from Gujarat with merchants in Persia, Arabia and South East Asia. They would handle supplies to ships for trade in salt, corn, wheat and cotton in exchange for spices from the southeast which were then shipped onwards to West Asia and Europe.
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Supreme Court verdict on Maharashtra: What was the political crisis in the state in 2022?

Indian Express 11 May 2023
Shinde then became the CM in July 2022 with the BJP\u2019s support ... What followed was a week of \u2018resort politics\u2019, with the missing Sena leaders found camping in luxury hotels in Surat and Guwahati. That they were in BJP-ruled states led to allegations of horse trading from the MVA that were denied by the BJP ... .
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Diamonds Are Forever, So Are Morals–Autobiography of Govind Dholakia

The Siasat Daily 08 May 2023
Govind Dholakia’s, SRK Diamonds, started in 1970 is among one of the successful diamond companies from Surat, the hub of the global diamond cutting and polishing industry ... It’s men like Govind Dholakia who are helping the water-starved, Saurashtra region develop and Surat emerge as the biggest centre for diamond trade ... India and diamond trade.
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Surat: The path of salvation is paved by renunciation-restrained conduct: Yugpradhan Acharyashree Mahashraman

Blitz 26 Apr 2023
Surat metropolis of Gujarat, famous for trade of diamonds and textiles, is presently shining with the spiritual light of Acharyashree Mahashramanji, the eleventh resplendent Mahasurya of the Jain Shwetambar Terapanth Dharmasangh. Every particle of Surat has become a diamond after getting the touch of Jyoticharan.
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Surat: Akshay Tritiya Festival, a new record of penance made in the company of great ...

Blitz 23 Apr 2023
Surat, a city in Gujarat known worldwide for its diamond trade, and famous for manufacturing its sarees and also cloth, created a new record in the spiritual field ... Terapanth Mahila Mandal-Surat sang the song after Acharyashree’s Mahamantrochar ... I express my gratitude to Acharyashree for showing Surat such a view.
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Surat firm finds rarest of rare \u2018diamond within diamond\u2019, names it \u2018Beating Heart\u2019

Indian Express 17 Apr 2023
Vallabh Dhanjibhai Global, a diamond manufacturing and trading company in Surat, has found a rarest of rare rough diamond and named it \u2018Beating Heart\u2019 ... The firm shut down its Bhavnagar manufacturing unit and started its bigger unit in Surat nearly 40 years ago.

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