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Prosecutors Probe Collapse of Eurostar Diamond Traders

Prosecutors Probe Collapse of Eurostar Diamond Traders April 22, 21 by John Jeffay (IDEX Online) - Prosecutors have launched an investigation into Eurostar Diamond Traders, one of the worlds biggest traders until its collapse in 2019. The Antwerp-based company reported a $16bn turnover in 2016 but was declared bankrupt three years later, with bank debts of $560m. The investigation will focus on possible mismanagement surrounding the bankruptcy, in particular the role of the Dutch state-owned ...
New York United States Hong Kong Bruxelles Capitale John Jeffay Kaushik Mehta

Mumbai diamond traders are shifting base to Surat

Why Mumbai diamond traders are shifting base to Surat At present, about 90 percent of the diamonds cut and polished in Surat are traded in Mumbai and exported to world markets. Synopsis The trend gathered momentum from January when 65% -70% of diamond imports in value terms took place in Surat. In January, India imported rough diamonds worth Rs 9215.61 crore, a 69.38 percent jump from Jan 2020. Many diamond traders from Mumbai have shifted to Surat as the diamond exporters are trying to bring d...
Surat Diamond Bourse Mumbai Diamond Traders Gem Amp Jewellery Export Promotion Council Diamond Traders Diamond Imports Diamond Exporters

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