Diamond Workers in Surat Protest Salary Cuts & Demand Relief

If you are planning to visit Surat, you should definitely visit Dumas Beach. On the beach you can see beautiful views of the sunrise and sunset. You can also visit Sarthana Nature Park. Ev cîh ji bo kêfa bedewiya xwezayî û temaşekirina heywanan û çûkan pir xweş e. As well as a quiet atmosphere can be found here. You can also visit the castle of Surat, located in Surat. This historic fort built by the Mughals is located on the banks of the Tapi R…

Diamond Workers In Surat Launch Indefinite Strike Amid Severe Industry Slowdown And Wage Cuts

Scores of diamond workers in Surat took to the streets, with some launching an indefinite strike to demand a relief package and a pay raise amid the ongoing slowdown in the sector. The situation has resulted in salary cuts of up to 50%. The diamond workers staged a peaceful rally from Katargam to Kapodara Hira Baug, covering a distance of around 5 km. Their demands include the establishment of a welfare board, an increase in wages, and support f…

Diamond Workers in Surat Protest Salary Cuts & Demand Relief

One worker who lamented his decline said that over the years, his income fell to nothing as he became broke with an indefinite payment status. Signs of the deaths of others who died by suicide during this period add form to the current agitation. Fair Pay and Benefits: All these workers were diamond cutters and...

Sarine Is Thinking Beyond Diamonds

David Block has his work cut out for him as CEO of Sarine Technologies.  The company’s revenue fell 9% to $39.2 million in 2024 as the manufacturers to which it sells planning and cutting equipment curtailed production. While the Israel-based company turned a profit of $1.1 million, mostly by reducing costs, its share price has been on a downward path for the past two years, falling around 55% since April 2023 on the Singapore Exchange and the T…