This is a part of the company's plan to raise $13 billion debt to fund expansion of its petrochemical production capacity and gasification project for its refining facilities to improve margins.
De Beers, the world's premier source for rough diamonds, has painted an attractive picture for jewellery demand.
Suuti's merchant bankers give proposal; deal value could be Rs 2,800 crore
The 80:20 rule mandates importers to channel at least 20% of the import quantity for jewellery exports.
A Delhi University alumnus with an MBA in finance and a doctorate, Vaish started his career as a banker in 1984, became an academician a few years later and joined the capital market in 1998.
Govt clamps have resulted in 93% decline in April-November
Lasalgaon, Pimpalgaon mandis halt auctions to arrest the decline.
Import of jewellery from Hong Kong attracts no duty in India, due to a free trade agreement.
To restrict onion exports and help cut prices in the domestic market, the government had gradually raised the MEP to $1,150 a tonne from $650 a tonne a few months earlier.
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
In first half of year, firms raise more than banks on low US treasury rates.
The India Pulses and Grains Association estimates production of kharif pulses at seven mt this year.
Within a month of the Comptroller and Auditor General of India (CAG) tabling the coal block allocation report in Parliament in August last year, the Central Bureau of Investigation (CBI) filed a First Information Report (FIR) against Hyderabad-based Navabharat Power Private Ltd for the coal block allotted to it in Odisha in January 2008.
Govt floated import tender, allowed import without fumigation.
Increased harvesting is expected to boost supply
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
Supply through recycling of used gold declined to around 10 tonnes in the second quarter of the current calendar year.
The price of export quality lady's finger, for example, shot up 150 per cent in two weeks to close on Thursday at Rs 40 a kg against Rs 16 a kg on September 16 in the Agricultural Produce Marketing Committee, Vashi, near Mumbai.
The 46-year-old chairman of the Aditya Birla Group has made at least 28 acquisitions since he took the reins of the group 18 years ago.
At nine-month high, current prices attractive; consumers want to cash in before a correction
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances