annual revenue nirav modi
Nirav Modi: ‘Difference of opinion with authorities regarding valuation’. Nirav Modi, one of the top diamond merchants in the country, is being investigated by the Directorate of Revenue Intelligence (DRI) for alleged diversion of imported, duty-free, cut and polished diamonds and pearls to the domestic market. The DRI has called it violation of import-export norms. Mumbai-based Nirav Modi is the first Indian jewellery designer to feature on the cover of a Christie’s catalogue, a distinction the auction house had hitherto reserved for internationally renowned brands such as Cartier, Van Cleef and Harry Winston. Modi acknowledges that retail is a new field for him and that is why he is trying to take one step at a time. “There is no luxury jewellery brand in India and our ambition is to create Nirav Modi as Asia’s first luxury brand,” he says. Ten of the 100 outlets planned would be in India. The company’s intellectual property (IP) library includes several hundred copyrights, registered trademarks and mechanical patents. 1  Step 1. 2  Step 2. 3  Step 4  3. Step 5  4. Step  5. 25,000,000 and its paid up capital is Rs. 23,118,880.It is inolved in Manufacturing n.e.c. Firestar Diamond Private Limited's Annual General Meeting (AGM) was last held on 23 September 2015 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2015. Directors of Firestar Diamond Private Limited are Nirav Deepak Modi, Hemant Dahyalal Bhatt and . Why Diamonds are Nirav Modi's Best Friends. Already an acclaimed jewellery maker, Nirav Modi plans to expand through 100 retail outlets worldwide, while not compromising on exclusivity. I dive deep into what makes a business successful, an entrepreneur worth millions of dollars and an investor write a cheque. NIRAV MODI Embrace. Andreea Diaconu, Rosie Huntington-Whiteley and Lisa Haydon in the iconic stretchable Embrace Bangles and Rings. Our passion at Firestar Diamond is to make life’s important moments even more sparkling and precious. We focus on bringing creative and symbolic design to fine jewelry crafted in precious metal and set with superior quality diamonds. Our vertically integrated business model begins with procurement of raw materials and extends to the design, manufacture, distribution, and after-sales service of diamond-studded jewelry. Nirav Modi: the diamond guy of India. Hailing from a family where diamonds are integral to its business, the shiny 'stone' wasn't new to Modi. But the Mumbai jewellery designer decided to take it several notches higher, so much so that his recent creation is likely to fetch Rs 50 crore at Sotheby's auction. brunch Updated: Feb 08, 2014 18:51 IST. Nirav Modi. Indian-born diamond jewellery designer Nirav Modi is the founder of the $1.8 billion (revenues) Firestar Diamond, which makes diamond jewelry for exports. In recent years he has been expanding the retail presence of his Nirav Modi brand with eight stores in locations such as Delhi, New York, Mumbai, Hong Kong, London and Macau.
$1.8 billion