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Blasts Dent Diamond Industry
Jul. 18, 2011 06:36AM PST
Gem InvestingAsia Times reports that of three blasts in Mumbai two destroyed diamond trading centers.
Asia Times reports that of three blasts in Mumbai two destroyed diamond trading centers.
The market news is quoted as saying,
The first of the three coordinated bombings was at Zaveri Bazaar, the center of India’s bullion market and a diamond and jewelry hub. A minute later, a bomb placed outside the Panchratna Tower in the Opera House area went off. Offices of thousands of diamond traders and brokers are located in the Panchratna Towers and the adjoining Prasad Chambers.
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