Friday 27 November 2015

Strengthening of dollar hits Indian diamond market: De Beers

India’s diamond sector is passing through a challenging phase, with international orders drying up and processors facing a financial squeeze, said Gareth Mostym, chief financial officer of De Beers in a telephonic interview with BS. Speaking about the past few quarters of the Indian diamond sector, he opined, “Year 2014 was a record year for the diamond sector and for De Beers.....Read More

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