The central figure in an alleged $2bn fraud that rocked India’s state-owned Punjab National Bank has been arrested in London in response to a request from New Delhi to extradite him. Nirav Modi, a celebrity jeweller whose boutiques were in some of the world’s most prestigious shopping districts, was refused bail by a Westminster magistrates’ […]

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The buyers will be charged for tax evasion and subsequent action will be initiated if discrepancies of concealed cash payments are found. The Income Tax Department has decided to re-assess the ITRs of over 50 high net-worth individuals (HNIs) who purchased costly jewellery from firms owned by absconding diamantaire Nirav Modi, official sources said on […]

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Paris–In the second part of a two-part series, National Jeweler explores the latest haute joaillerie presented last week in Paris in conjunction with couture week. Dior’s jewelry designer, Victoire de Castellane, revisited “Versailles” with the second installment of the collection first introduced last summer. Whereas last year’s offerings were an ode to the palace’s baroque architecture […]

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