RapNet


Rapaport News

 

Search Results

   

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail
Nirav Modi
Nirav Modi Arrested in London
Fugitive jeweler Nirav Modi was arrested in central LondonTuesday on behalf of Indian authorities, the city’s police said. Modi will appear at Westminster Magistrates’ Court Wednesday, the Metropolitan Police said in a statement. The diamond mogul,...
Retail Mar 20, 2019 Rapaport News
Modi interview new 150
Newspaper Tracks Down Nirav Modi
Fugitive Indian diamantaire Nirav Modi is living an upscale life in London and running a diamond business there, according to a reportby UK newspaper The Telegraph. The publication tracked down Modi to a GBP 8 million ($10.4million) apartment in London’s West...
Financial-Legal Mar 10, 2019 Rapaport News
India 150
Indian Banks Slash Lending by 10%
Bank financing to India’s gem and jewelry sector has fallenat least 10% since April 1 due to stricter lending conditions, according to the trade’s export-promotion body.Credit providers tightened their rules after allegations inJanuary that...
Financial-Legal Jul 24, 2018 Rapaport News
A Jaffe 150
Paramount Acquires A. Jaffe for $5M
Paramount Jewels has bought New York-based jewelry supplier A. Jaffefor $5.2 million, according to court documents.A. Jaffe is part of Nirav Modi’s business empire along withhis other US jewelry companies, Firestar Diamond and Fantasy. Paramount...
Financial-Legal Jul 17, 2018 Rapaport News
Diamonds for Fantasy story 150
Unique Designs to Buy Modi Company Inventory
Jewelry manufacturer Unique Designs is the top contender to buy the assets of Nirav Modi subsidiary Fantasy, pending final bids in the auction of the company. Unique Designs has offered $725,983 in cash, according to a motion filed...
Retail Jul 15, 2018 Rapaport News
Gemfields
Nirav Modi Crisis Hits Gemfields
Proceeds slumped at Gemfields’ May auction ofhigher-quality rough emeralds as the Nirav Modi fraud case hurt Indian demand,the miner reported last week. Most of the company’s emerald clients are based in India,where the gemstone...
Gemstones May 27, 2018 Rapaport News
A Jaffe 150
US Court Stalls $8M Sale of A. Jaffe
The sale of A. Jaffe’s assets to Parag Diamonds is off forthe time being.The “sale motion” — a proposal to auction off A. Jaffe — has been withdrawn, according to a court notice the company’s lawyers filed last week. Parag, also...
Financial-Legal May 24, 2018 Rapaport News
Nirav Modi store
What We Know About Nirav Modi’s US Companies
The $2 billion fraud allegations against Indian jewelrytycoon Nirav Modi and Gitanjali Gems chief Mehul Choksi have shocked theindustry, as well as raising questions about the wider impact on the trade.One of the first casualties...
Financial-Legal Mar 07, 2018 Joshua Freedman
Three Firms Linked to Modi File for Chapter 11 150
Modi Latest: Three Jewelers File for Chapter 11
Three companies in Nirav Modi’s jewelry empire — A. Jaffe, FirestarDiamond, and Fantasy — have filed for bankruptcy in the US, with two of themhoping to find buyers soon.Indian investigators are probing allegations that Modidefrauded Punjab National...
Financial-Legal Feb 28, 2018 Rapaport News
Hari Krishna Surat Factory
Modi Inaugurates Hari Krishna Cutting Center
Hari Krishna Exports has become the first diamond company to open a manufacturing facility in Surat’s state-of-the-art Gujarat Hira Bourse, following a ribbon-cutting ceremony this week attended by Indian Prime Minister Narendra Modi.Hari Krishna’s new...
Manufacturing Apr 19, 2017 Rapaport News
Rupee
India's Attack on Cash
India’s shock decision to abolish its higher-denomination currency notes will curb jewelry sales and diamond trading next year. Industry pundits have forecast the unorganized jewelry sector will bear the brunt of a sharp...
Polished Markets Nov 17, 2016 Avi Krawitz
World Diamond Conference India
Normalizing the Diamond Trade
The World Diamond Conference that took place last week in New Delhi, India, created a buzz in the industry that, frankly, needed a bit of a pick-up considering the state of the market. It’s not often that...
Polished Markets Dec 19, 2014 Avi Krawitz
Previous 1 Next
Show articles per page




Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us