The Indian Commodity Exchange Ltd (ICEX), a Reliance ADAG-anchored platform, is set to facilitate trading and delivery of smallest tradeable polished diamonds on its platform, and the exchange is scheduled to launch futures trading by the end of August. This is to attract the smallest players in …
Tag: Surat Diamond Association
GST regime affects small diamond units in Gujarat
Small diamond units in Gujarat say doing business in the goods and services tax (GST) regime has become difficult due to increased compliance requirements and uncertainty over when they will get input credit refund. The nearly 50,000 small and medium units in Surat and Saurashtra employ close to …
Microsoft taps into industry & trade bodies to boost its SME presence
In a bid to further boost its presence in the Small and Medium Enterprise (SME) segment, Microsoft is working with industry and trade bodies to tap into their member companies. A Microsoft executive said that since this initiative was started in 2015, the company had managed to reach out to 85,00…