December 2016 Current Affairs

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September 2016 Current Affairs
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CCEA approves winding up of Hindustan Diamond Company Private Limited

CCEA approves winding up of Hindustan Diamond Company Private Limited
22 September 2016 Current Affairs: The Cabinet Committee on Economic Affairs (CCEA) has given its approval for initiating the process of winding up of Hindustan Diamond Company Private Limited (HDCPL). 

The winding up of HDCPL will not affect supply of rough diamonds to Indian diamantaires as Indian diamond industry has grown in these years.

 Besides, the HDCPL had become inconsistent with changing times to facilitate the constant supply of rough diamonds and to make India an International Diamond Trading Hub.

Hindustan Diamond Company Private Limited (HDCPL) :  HDCPL was a 50:50 joint venture of the Central Government and De Beers Centenary Mauritius Limited (DBCML).

 It was incorporated under the Companies Act, 1956 in 1978 to supply rough diamonds to diamond processing industry in India. Its objective was to supply rough diamonds particularly to small and medium diamond jewellery exporters, who had no direct access to rough diamonds from Diamond Trading Company (DTC), London.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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