Nirav Modi’s Company In US Will Now Be Owned By Indian Origin Diamond Merchant Panna Jain

New York-based Parag Diamonds has won the bid to buy out A Jaffe one of billionaire jeweller Nirav Modi’s companies in the US which was facing bankruptcy.

Parag Diamonds, also known as Paramount Gems, is a seventh-generation diamond company that has been based in New York City since 1978.


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