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NMC HEALTH PLC
UK seeks to rein in Big Four with new, revamped audit rulesThe widely awaited overhaul comes after lawmakers and practitioners promised to improve audit quality following a series of high-profile mi...- Short sellers got crushed in 2020 as Tesla, Moderna soaredA monthly index of short-selling hedge funds is down 32% this year through October, according to data provider Hedge Fund Research.
- 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...
- 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.
- PM Narendra Modi to visit UAE to boost tiesThis would be the Indian Prime Minister's second visit to the oil-rich nation from where India has been bagging a lot of investments off la...
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