Suratwwala Business Group Q3 FY24 Results Live : Revenue increased by 0.89% YoY & profit increased by 9.9% YoY
1 min read9 Feb 2024Surat, a hub for diamond processing, is facing a severe crisis. The diamond industry, responsible for 90% of global diamond processing, is grappling with slowing demand, geopolitical challenges related to Russian diamond supply, and competition from lab-grown diamonds. This has led to job losses, pay cuts, and reduced working hours, impacting over a million workers. The crisis reflects the industry’s struggle to adapt to changing market dynamics and competition from alternative diamond sources.
29 Aug 2023According to Nilesh Bodki, a diamond unit owner, Diwali vacations last 20 to 25 days under normal circumstances
1 min read9 Oct 2020As per the owner of the restaurant - Divyesh, this initiative has been taken to support women’s hygiene and spread awareness among others
1 min read20 Sep 2020While the coronavirus tally in the city stands around 8,950, the city administration has raised the fine from Rs. 200 to Rs. 500 for not wearing masks while being outside
1 min read15 Jul 2020As part of the new curbs, three main diamond trading markets will remain shut twice a week, while canteens of all the diamond polishing units will remain closed on all days to contain the spread of coronavirus
1 min read22 Jun 2020Migrant workers demand they either be sent back to their home states or allowed to resume work at local industrial units to earn moneyPolice resort to lathicharge and fire tear gas to disperse the mob
1 min read9 May 2020Security personnel lobbed teargas shells and baton-charged the agitated workers
3 min read4 May 2020In Gujarat, COVID-19 positive cases climbed to 105 including 14 cured and 11 deaths
1 min read5 Apr 2020India’s diamond city is facing a slowdown of epic proportions that threatens to change its face
9 min read27 Feb 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared