Program aims to educate young consumers about mined stones’ positive qualities.
Mumbai-based diamond and jewelry manufacturer’s sales down 2.4%.
Group sales down 4% year on year in third fiscal quarter.
Downturn in small diamonds has hit manufacturer’s loose-stone business.
Revenue from segment slips 5% year on year in first fiscal quarter.
Revenue from segment down 17% year on year in third fiscal quarter.
Decline at Mumbai-based diamond manufacturer reflects global market slowdown.
Sales up at Indian manufacturer’s diamond and jewelry divisions.
Sales and earnings at Indian diamond manufacturer Asian Star rose sharply in the first fiscal quarter, reflecting the market’s solid rebound.