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Diamonds.net - Revenue Surges at India's Asian Star

Sales at Indian diamond manufacturer Asian Star soared in the first fiscal quarter as the global market recovered.Revenue increased more than fivefold to INR 8.65 billion ($116.5 million) for the three months ending June 30 from INR 1.64 billion ($22 million) a year earlier, the Mumbai-based...

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Asian Star Company Ltd reports consolidated PAT of Rs. 20.57 crores in Q1FY22

Asian Star Company Ltd reports consolidated PAT of Rs. 20.57 crores in Q1FY22
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Diamonds.net - Asian Star Full-Year Revenue Falls

Revenue at Mumbai-based diamond and jewelry manufacturer Asian Star fell in the past fiscal year as Covid-19 lockdowns and restrictions hindered sales.Group revenue — including at subsidiaries — slid 16% to INR 25.62 billion ($353.1 million) for the year ending March 31, the company said...

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Indian Diamond Companies Go All Out for their Karigars

Indian Diamond Companies Go All Out for their Karigars
At a time of crisis, the diamond industry has time and again proven its compassionate side by extending support to its karigars
By:
Diamond World News Service
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SRK providing financial assistance to the family of the deceased
Adversity is a great teacher and a leveler. Despite the norms of social distancing, in acts of kindness and reaching out to the needy, the connect between individuals has in fact brought all of us closer. Workers or karigars are financially the weakest link in the diamonds (and diamond jewellery) supply chain. Workers are the pillars on which the whole industry rests. Many of these people are migrants, some have mastered the art from their forefathers – and may not have been highly qualified as well.

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GJEPC Organises Series of Virtual Buyer Seller Meet

GJEPC Organises Series of Virtual Buyer Seller Meet
GJEPC organises series of Virtual Buyer Seller Meets to facilitate exports of CPD, Diamond Jewellery and Platinum Jewellery
By:
Diamond World News Service
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Reference:
25464
Diamond studded Jewellery VBSM is held from 17th to 19th March 2021. This will be followed by Loose Diamond VBSM (to be held from 24th - 26th March 2021) and later by Platinum Jewellery VBSM March 17, 2021, Mumbai: GJEPC, the apex body of the gem and jewellery trade in India, in its endeavor to promote the gem and jewellery exports is organizing its 7th Virtual Buyer Seller Meet (VBSM) for Diamond studded Jewellery, held from 17th to 19th March 2021. This will be followed by Loose Diamond VBSM (to be held from 24th - 26th March 2021) and later by Platinum Jewellery VBSM.

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Disturbing legal detail means Melbourne, Victoria snap lockdown could last for TWO WEEKS

The brutal five day long lockdown of the entire state of Victoria could continue for up to two weeks thanks to a sneaky detail in health directive legal papers.
To bring a lockdown into force, shutting all non-essential businesses and forcing millions to stay within 5km of their homes, a state's chief health officer must sign a legal document.
These directives then give powers to the police as well as to health officials, including the ability to issue fines and force people to isolate.
The entire state was plunged into lockdown from 11.59pm on Friday in response to an outbreak at Melbourne Airport's Holiday Inn, which has grown to 14 cases.

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Uber prices skyrocket by 100 per cent as travellers rush to airport ahead of Melbourne's lockdown

An UberX fare from St Kilda to Melbourne Airport normally costs around $60
The fare almost doubled to $114.90 right after new lockdown was announced
A trip from Albert Park to Collingwood more than doubled to $50.89 on Friday
Melburnians were likely trying to escape ahead of lockdown, forcing up prices
There were also chaotic scenes of panic buying in supermarkets in Melbourne

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Victoria could go into lockdown TONIGHT as Covid outbreaks hits 13

Victoria could be headed for a third lockdown with health authorities in 'pandemonium' fearing they have lost control of a 'third wave' of Covid-19.
Premier Daniel Andrews held heated crisis talks with health chiefs on Thursday night after five new infections were linked to the Holiday Inn Melbourne Airport cluster, bringing the outbreak to 13 cases.
State government advisers were instructed to draw up plans for a third lockdown as early as Friday evening which would spell an end to crowds at the Australian Open.
Victoria is on the brink of a third lockdown. Pictured: Tennis fans enjoy Day four of the Australian Open, which would have crowds banned if lockdown occurred

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Scott Morrison backs a 'short, sharp' lockdown of Melbourne

Five million Melbourne residents are bracing for lockdown once again as a Covid-19 cluster grows to 13, with five new cases reported on Friday.
Victorian ministers held a cabinet meeting at 11.45am to discuss a five-day lockdown that could involve confining residents to their homes except for essential reasons and closing schools and businesses.
The restrictions are expected to come into play on Friday evening after Premier Daniel Andrews gives a press conference at 1pm.
A city-wide lockdown could see fans banned from the Australian Open with Serena Williams, Novak Djokovic and Aussie superstar Nick Kyrgios due to play on Friday.

Australia , Brandon-park , New-south-wales , United-kingdom , North-point , Orkney-islands , Keysborough , Victoria , Clayton-south , Brisbane , Queensland , Melbourne

Victoria's Covid outbreak could have spread across Australia after Melbourne Airport café exposed

Victorian health officials early on Friday morning said customers and staff at Terminal 4's Brunetti cafe may have been at risk at any time between 4.45am and 1.15pm on February 9.

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