Bangkok Firm’s Bankruptcy Traps $7.8 Million from 150 Surat & Mumbai Companies
January 24, 2024 16:23The Indian diamond industry faces a crisis as a Bangkok-Hong Kong diamond firm’s sudden bankruptcy leaves over 150 Surat and Mumbai companies reeling with unpaid debts totaling a staggering $7.8 million. The unnamed firm, now defunct, has vanished with creditors’ funds, throwing the businesses into financial turmoil. The nightmare began when suppliers learned of the […]









