Buzz of default by old Surat lab diamond maker grips market https://ift.tt/wPVzECS deal that the firm had cut with many wealthy individuals, including professionals, real estate players, and a few farmers in the region to raise money has backfired amid a fall in the price of labgrown diamonds. The outstanding dues would be in the region of Rs 500 crore, three persons in the diamond market told ET.
Wednesday, July 12, 2023
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