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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...
Heranba Industries IPO to open on February 23; price band set at Rs 626-627Heranba Industries has set the IPO price band in the range of Rs 626 to Rs 627. Bids can be made for a minimum of 23 equity shares and in m...
Prof. RT Krishnan takes charge as director of Indian Institute of Management Bangalore“As a well-regarded faculty member of IIMB and a proven administrator during his term as director of IIM Indore, Prof. RT Krishnan combines...
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.
IIM Board appoints Professor Rishikesha T Krishnan as IIM Bangalore's new directorProfessor RT Krishnan said: “It is an extraordinary privilege to lead India’s best management institution, IIM Bangalore, at this most chal...
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.
IIM-B appoints Dr Devi Shetty chairperson of Board of Governors“It is a matter of immense happiness that one of the most well-known and respected persons in the field of medicine and in the business of ...
Nilekanis, 3 PIOs billionaires pledge to donate more than half their wealth to charityThe Nilekanis are also co-founders of EkStep, a not-for-profit effort to create a learner-centric Societal Platform by increasing access to...
Stocks shrug off Rexit fears, ride global waveFund managers expect a further rise in indices if the referendum outcome is in favour of Britain staying in the EU.
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 list
G Madhavan Nair, the man behind the moon mission, and Atomic Energy Commission chairman Anil Kakodkar have been awarded the Padma Vibhushan.
- Indian investor offers to acquire Egyptian firm
Alexandria Medical Services Company, an Egyptian firm engaged in providing medical diagnostic and treatment services, has received an acqui...