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BAVAGUTHU RAGHURAM SHETTY
B.R. Shetty: How Indian entrepreneur went from Padma Shri honouree to losing his $10 billion healthcare empireB.R. Shetty built a vast healthcare and finance empire from scratch in the UAE. His ventures, including NMC Health and UAE Exchange, achiev...- EY accused of actively concealing NMC Health audit fraud from investorsThe hospital operator’s founder, Bavaguthu Raghuram Shetty, said the accounting giant enjoyed a “deep and cozy” relationship with executive...
- BR Shetty: What's in a name? Banks count cost of loans in NMC collapseBR Shetty's NMC imploded this year on allegations of fraud & disclosure of more than $4 bn in hidden debts.
- BR Shetty: The staggering rise and incredible fall of a billionaireBR Shetty landed in Abu Dhabi with $8 in 1973 and turned his sweat into a personal fortune worth billions.
- Wealthy facing margin calls show pitfalls of pledged sharesAdani and his family put up an additional $1.4 billion of shares as collateral on existing debt.
- Abu Dhabi wealth fund weighs stake in BR Shetty’s troubled NMCThe potential deal comes as NMC faces allegations by Carson Block’s Muddy Waters Capital LLC that its financial statements hint at potentia...
- Hospital operator NMC ousts CEO after finding irregularitiesCEO Prasanth Manghat will be succeeded on an interim basis by Michael Davis.
- Jet-setting billionaire Bavaguthu Raghuram Shetty had it all. Then Carson Block came alongShetty founded NMC in 1975 after moving to Abu Dhabi from his native India. He created Finablr two years ago to consolidate his financial b...
- BR Shetty resigns from ailing NMC Health“The resignation of senior board members should be viewed positively,” said Abdulla Nahlawi.
- How Muddy Waters is hammering Indian billionaire’s NMC HealthNMC’s margins are “too good to be true” relative to peers, said Muddy Waters.
- UAE-based Indian billionaire Shetty hit by double blow in stock marketShetty, 76, a native of Karnataka state in southwest India, moved to Abu Dhabi in 1973 and founded NMC in 1975.
- Indian billionaire invests in pharmaceuticals in EgyptThe company said that it is the only company in the Egyptian market which has got a license to manufacture the raw material.
- Kakodkar, Bahuguna, Ganguly & Nair in Padma Vibhushan listG Madhavan Nair, the man behind the moon mission, and Atomic Energy Commission chairman Anil Kakodkar have been awarded the Padma Vibhushan.
- Dhoni, Bindra & AM Naik among Padma awardeesOther prominent names include Sam Pitroda, Madhavan Nair, Anil Kakodkar, Sister Nirmala, Aishwarya Rai and Akshay Kumar. Incredible India |...
- Indian investor offers to acquire Egyptian firmAlexandria Medical Services Company, an Egyptian firm engaged in providing medical diagnostic and treatment services, has received an acqui...
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