Flawed : The Rise And Fall Of India’s Diamond Mogul Nirav Modi

Flawed: The Rise and Fall of India’s Diamond Mogul Nirav Modi by Pavan C. Lall examines the dramatic rise and collapse of Nirav Modi and his company, Firestar Diamonds International. Drawing on research, interviews, and personal encounters, the book explores one of India's most high-profile financial scandals and its impact on the diamond industry and the banking sector.

Ideal for readers interested in business, finance, corporate governance, and current affairs, this book provides an in-depth account of the events surrounding the alleged banking fraud and the broader questions it raised about corporate accountability, financial oversight, and the luxury jewellery business.

About This Book

In Flawed, Pavan C. Lall traces the journey of Nirav Modi from the growth of Firestar Diamonds International to its spectacular collapse in 2018. The narrative examines how a company once positioned to become a global luxury jewellery brand became the centre of an international financial controversy.

Based on extensive research, interviews, and firsthand interactions, the book explores the circumstances surrounding the alleged US$1.8 billion banking fraud, its effect on India's banking system and diamond trade, and the wider implications for corporate governance and business ethics.

What You'll Discover

• The rise of Nirav Modi and Firestar Diamonds International
• The events leading to the 2018 financial scandal
• The alleged banking fraud and its wider impact
• Insights into India's diamond industry and luxury jewellery business
• Perspectives on corporate governance and financial accountability
• Research-based accounts supported by interviews and personal encounters

Perfect For

• Readers interested in business and finance
• Students of corporate governance
• Current affairs and economic policy enthusiasts
• Readers interested in investigative non-fiction
• Professionals exploring financial scandals and business ethics

Why You'll Love This Book

Flawed: The Rise and Fall of India’s Diamond Mogul Nirav Modi presents a well-researched account of a major corporate scandal that reshaped conversations around banking, business ethics, and financial regulation. It is an informative read for anyone seeking to understand the events behind one of India's most widely discussed business controversies.