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UNPAID SHARES DUBAI
Oberoi Hotels Pvt Ltd told to deposit late chief's dividend with Delhi HC in four weeksAnastasia Oberoi, daughter of late hotelier PRS Oberoi and Mirjana Jojic Oberoi, had sought to restrain Oberoi Hotels Pvt Ltd from distribu...- Katie Price ditches wedding ring after conman Lee Andrews’ ‘lies,’ consults divorce lawyer; check her Instagram postKatie Price has removed her wedding ring and consulted a divorce lawyer. This action follows revelations about her husband Lee Andrews bein...
- UK court rejects Nirav Modi's plea to delay Bank of India trial over severe vision loss, depressionLondon's High Court has denied fugitive diamond merchant Nirav Modi's request to postpone his Bank of India loan case trial. Modi cited sev...
- 14 migrant workers stranded in Dubai, appeal to Jharkhand govt for safe returnFourteen migrant workers from Jharkhand are stranded in Dubai. They allege a private company has not paid their wages for three months. The...
- Nirav Modi's Bank of India trial adjourned over UK prison paperwork delaysA London court has postponed Nirav Modi's Bank of India loan trial. The fugitive diamond merchant faces delays in accessing legal documents...
- Nirav Modi's prison move creates complications for Bank of India trial in UKNirav Modi, a fugitive diamond merchant, faces challenges in a London court. He is confined to a small prison cell with limited access to h...
- UAE couple denied US tourist visa despite stable career and extensive travel history across Europe and Southeast AsiaUS consulates face mounting allegations of B2 tourist visa refusals under Section 214(b), impacting applicants like a Dubai-based IT profes...
- SpiceJet clears salary dues days after raising Rs 3,000 cr via QIPSpiceJet has cleared all salary dues for its employees, covering payments for July, August, and outstanding June salaries, following its re...
- Why Goldman, Morgan Stanley are betting on SpiceJet despite all its troublesSpiceJet has raised Rs 3,000 crore through a share sale to institutional investors, including Goldman Sachs and Nomura Singapore. The funds...
- SpiceJet is struggling to defy gravity. What are the odds?SpiceJet, once a leading airline, is grappling with severe financial distress. Grounded aircraft, unpaid dues, and a dwindling market share...
- Why Hindenburg report is a blessing in disguise for Gautam AdaniHindenburg report will slow his speed of expansion and diversification, and force his financiers to be diligent and cautious in future. Thi...
- 'Unpaid shares' in Dubai, BVI companies may come back to haunt many IndiansUnder the Indian Companies Act, a person is allotted shares only after full payment. While UAE Free Trade Zone (FTZ) rules require a minimu...
- A year after Jet Airways grounding, wishes to go back in time, hopes of revival dot the firmamentAs the grounding of the cash-starved Jet Airways nears one year, many dreams have been shattered but there is optimism of an insolvency res...
- FedEx'd diamonds fueled Nirav Modi PNB fraud, says reportThe three-carat gem was shipped at least four times between shadowy cos allegedly controlled by Nirav Modi.
- ED, CBI go after country’s second-largest wilful defaulter, Winsome group's Jatin MehtaAgencies such as ED and CBI need help from the UAE to verify Winsome’s explanation for its inability to repay Indian banks
- Australia slashes $190 mn unpaid tax claim for Indian couplePankaj & Radhika Oswal are fighting the battle against ANZ for undervaluing shares of their fertiliser company to recoup millions in debts.
- JP Morgan Chase in talks to invest 1,200 crore in SpiceJet; Marans keen to make full exitA fund managed by JPMorgan Chase is in advanced discussions to team up with Ajay Singh to invest around $200 million (Rs 1,200 crore) in ca...
- ZTE Corp fears its chances of payback from Loop Mobile are lowThe fear of outstanding dues worth over $33 million, and the anger that it wasn’t informed by Loop while signing the deal with Airtel drove...
- UAE making India its top trading partnerRuler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum aims at energising ties with India.
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