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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...- ADCB 2020 net profit down 27% as provisions for hospital group NMC buildThe bank posted a net profit of 3.81 billion dirhams ($1.04 billion) for the year ending Dec. 31, down from a net profit of 5.24 billion di...
- Businessman BR Shetty seeks India probe of NMC, Finablr ex-CEOs over $6 bln scandalSeveral companies linked to Shetty, including top United Arab Emirates hospital operator NMC Health PLC and payments firm Finablr PLC, have...
- BR Shetty seeks probe by CBI, ED into $6 billion ‘fraud’ in his companiesThe founder of hospital chain NMC Healthcare and UAE Exchange has sent a written complaint to the Central Bureau of Investigation and Enfor...
- 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.
- 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...
- How Muddy Waters is hammering Indian billionaire’s NMC HealthNMC’s margins are “too good to be true” relative to peers, said Muddy Waters.
- Airtel Africa partners Finablr for international money remittancesAt a time when inbound remittances to the continent are growing, the arrangement will allow customers to leverage Finablr's global network ...
- 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.
- Bharti is said to kick off IPO of $5 billion Africa arm in MayThe IPO could be one of the biggest in London this year.
- Remit2India ropes in Virat Kohli as brand ambassadorRemit2India is one of the financial services brands of Finablr, the recently launched holding company of UAE-based Indian businessman B R S...
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