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Sarine Technologies alleges “Copyright violation” and “Technology Theft” In an exclusive interview with The New Jeweller, Sarine Technologies CEO David Block answers questions following a dramatic raid by Indian tax authorities on a large diamond service provider in Surat last week which has allegedly copied Sarine’s highly successful Galaxy systems for a number of years. Block says it is an “open secret” in the industry that a number of Indian firms has been copying the company’s technologies and using its software that has been cracked by international hackers. How long has this been going on and how has it operated? We have been dealing with this issue for over a decade, but it intensified in 2017. The local Indian media reported last week that the income tax authorities raided three premises of Diora & Bhanderi (“DBC”) on suspicion of tax evasion and ‘under the table’ cash transactions. The way it works is that the company, DBC, which we believe has copied our patented Galaxy machines, do not deliver...

Bharat Diamond Bourse resolves to allow trade of Lab Grown Diamonds Bharat Diamond Bourse, World’s largest Diamond Exchange in its 10th successful Year has approved an important step towards building the Diamond business for the future by embracing Lab Grown Diamond Trade into its fold. The Bourse committee and members passed a resolution during its meeting on 28th December...

Digital Tenders Utilising Sarine’s Technologies Evolving as Preferred Platform for Rough Trading Singapore Exchange Mainboard listed Sarine Technologies Ltd (“Sarine” and along with its subsidiaries “the Group”) (U77:SI), a worldwide leader in the development, manufacturing, marketing and sale of precision technology products for the evaluation, planning, processing, measurement, grading and trading...

Natural Diamonds: An "Intruder" in the Laboratory-Grown Supply Chain Last May, I wrote a Memo about the need for full disclosure on grading reports issues by gemological laboratories when it comes to post-growth treatments of laboratory-grown diamonds. That has not changed. What is changing is an emerging pattern of "undisclosed" natural diamonds being mixed with...

JNA Awards is now Jewellery World Awards In response to the need of a global platform where innovative minds and exceptional leaderships can share achievements and success in the international jewellery and gemstone industry, the JNA Awards will take on a new positioning starting 2021, as Jewellery World Awards (JWA)...

VDB is Now the Largest Marketplace for Lab Grown Diamonds Virtual Diamond Boutique (VDB), the jewelry industry’s leading technology partner and marketplace app, is now the largest global source for lab grown diamonds, with over 90,000 lab grown stones now listed from trusted suppliers. The VDB marketplace makes the world of lab grown diamonds...