BR Shetty landed in Abu Dhabi with $8 in 1973 and turned his sweat into a personal fortune worth billions.

Adani and his family put up an additional $1.4 billion of shares as collateral on existing debt.

The potential deal comes as NMC faces allegations by Carson Block’s Muddy Waters Capital LLC that its financial statements hint at potentia...

CEO Prasanth Manghat will be succeeded on an interim basis by Michael Davis.

Shetty founded NMC in 1975 after moving to Abu Dhabi from his native India. He created Finablr two years ago to consolidate his financial b...

“The resignation of senior board members should be viewed positively,” said Abdulla Nahlawi.

NMC’s margins are “too good to be true” relative to peers, said Muddy Waters.

Shetty, 76, a native of Karnataka state in southwest India, moved to Abu Dhabi in 1973 and founded NMC in 1975.

The company said that it is the only company in the Egyptian market which has got a license to manufacture the raw material.

G Madhavan Nair, the man behind the moon mission, and Atomic Energy Commission chairman Anil Kakodkar have been awarded the Padma Vibhushan.

Other prominent names include Sam Pitroda, Madhavan Nair, Anil Kakodkar, Sister Nirmala, Aishwarya Rai and Akshay Kumar. Incredible India |...

Alexandria Medical Services Company, an Egyptian firm engaged in providing medical diagnostic and treatment services, has received an acqui...