financetom
Economy
financetom
/
Economy
/
Nirav Modi is reportedly in the UK. Here is what his London store looks like
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nirav Modi is reportedly in the UK. Here is what his London store looks like
Jun 12, 2018 12:40 AM

Nirav Modi is reportedly in the UK. Here is what his London store looks like

SUMMARY

Indian-born diamond jewellery designer Nirav Modi has fled to the UK, where he is claiming political asylum, the Financial Times reported on Sunday, citing Indian and British officials. Modi ranked #57 in the Forbes list of India's billionaires in 2017, is at the heart of a $2.2 billion Punjab National Bank (PNB) fraud case. The Nirav Modi brand owns 16 stores in locations such as Delhi, Mumbai, New York, Hong Kong, London and Macau. TheLondon store, is spread over 2,300 sq ft, was opened in September 2016.

By Aastha Agnihotri Jun 12, 2018 2:59:48 PM IST (Updated)

The sumptuous ground floor of the Nirav Modi boutique in London, which is spread over four storeys. The diamantaire commissioned French luxury interior design specialist Atelier Marika Chaumet to create a decidedly feminine look the store. (Image Credit: The Jewellery Editor)

The area of the Nirav Modi boutique reserved for private clients has a 1970s luxe vibe. (Image Credit: The Jewellery Editor)

The contemporary diamond jewels with exquisite designs, intricate patterns, with the lightest of touches, refer to their Indian roots. (Image Credit: The Jewellery Editor)

This very modern diamond house, spread over four floors, makes Old Bond Street its eighth boutique, following on from Mumbai, New Delhi, Hong Kong and New York. (Image Credit: Wallpaper)

Nirav Modi is probably the only jeweler on Bond Street to boast 50 patents and 300 copyrights, giving the jewels the X factor that makes them so very different. (Image Credit: Wallpaper)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US trade deficit widens in February as imports offset record exports
US trade deficit widens in February as imports offset record exports
Apr 2, 2026
WASHINGTON, April 2 (Reuters) - The U.S. trade deficit widened in February as a rebound in imports offset strong growth in exports, which increased to a record high, potentially keeping trade on track to subtract from economic growth in the first quarter. The trade gap increased 4.9% to $57.3 billion, the Commerce Department's Bureau of Economic Analysis and Census Bureau...
Trump fires Pam Bondi as U.S. attorney general, White House official says
Trump fires Pam Bondi as U.S. attorney general, White House official says
Apr 2, 2026
WASHINGTON, April 2 (Reuters) - U.S. President Donald Trump removed Attorney General Pam Bondi from her post on Thursday, a White House official said, following mounting frustration with her performance, including her handling of investigative files related to the late financier and sex offender Jeffrey Epstein. Trump had also reportedly grown frustrated that Bondi was not moving quickly enough to prosecute...
Logan sketches path to shrink size of Fed balance sheet
Logan sketches path to shrink size of Fed balance sheet
Apr 2, 2026
April 2 (Reuters) - Dallas Federal Reserve President Lorie Logan on Thursday laid out paths and options for the U.S. central bank to reduce the size of its balance sheet, in remarks that noted the current system works well and offers benefits for overall financial stability. When it comes to the balance sheet, as with all of the Fed's work,...
Ford posts weaker first-quarter US auto sales on affordability concerns
Ford posts weaker first-quarter US auto sales on affordability concerns
Apr 2, 2026
April 2 (Reuters) - Ford Motor ( F ) reported a near 9% drop in first-quarter U.S. sales on Thursday, as the auto industry grapples with persistent affordability pressures. Higher borrowing costs, elevated sticker prices and the absence of federal tax credits for electric vehicles have dampened demand for new cars in the United States. The ongoing Middle East conflict...
Copyright 2023-2026 - www.financetom.com All Rights Reserved