Vaibhav Gems Ltd. Receives $35 Million (US) Investment From Nalanda Capital
Multi-national company in the jewelry industry, today announced an investment by Nalanda Capital’s India Fund equaling 14.9 percent share of the company in the form of Global Depository receipts and an additional 5% stake through warrants. The total transaction size, if warrants are exercised, will be about US $35 million.

Online shops build loyalty with buyers
Amazon.com stock closed Tuesday at $90.10 a share, up 136 percent over a year ago. As buyers snap up everything from “Harry Potter” books to motor oil at the granddaddy of online retailers, its stock’s nightmarish plunge from $106 to less than $6 a share after the tech bubble burst seems a distant memory.

Grants for Africa's artisanal diamond diggers
The Board of Directors of the Diamond Development Initiative, an American-based charitable organization committed to improving the lives of Africa's artisanal diamond diggers, has announced the receipt of two significant grants.

Myanmar Times: Gem industry will shine on, say traders
Increased pressure from the EU and United States won’t take the shine off Myanmar gems, traders said last week, claiming the unsurpassed quality of the country’s precious stones would continue to lure buyers. Kyaw Thu and Htin Kyaw look into the forces driving sales ahead of another massive gem and jade emporium next month.

World's Scariest Stock: Blue Nile
Back in January, I named Blue Nile (Nasdaq: NILE) the best e-commerce stock for 2007. Today, I'm sticking in the knife. Have I given up on the awesome Blue Nile customer experience? Have Tiffany (NYSE: TIF) or Zale (NYSE: ZLC) brought their comparatively greater resources to bear...

Jewelry Crime Dropped 20% in US