Br Shetty News Today

He used to work as a pharma salesman before immigrating from Karnataka to Abu Dhabi to set up a healthcare empire.

The Karnataka High Court on Friday suspended the Lookout Circulars (LOCs) issued by Bank of Baroda and Punjab National Bank and the endorsement issued by Bureau of Immigration against founder of NMC...

Additional properties in Dubai's World Trade Centre and Palm Jumeirah further enriched his portfolio, and he even secured a 50 percent stake in a private jet, purchased for Rs 34 crore in 2014.

Know the story of how a single tweet made one of the richest men lose everything and he had to sell a over Rs 12,000 company for just Rs 74.

Migrant Indian businessman BR Shetty had built the UAE’s largest privately owned health operator NMC Health, which propelled him into the club of the richest billionaires of the world. But a single tweet brought his massive business empire crumbling down.

Rajan and his four associates are accused of attempt to murder of the hotelier when the latter was fired upon allegedly by his henchmen in Amboli area of Mumbai in 2013.

Third-quarter revenue rises to $915 million from $816 million a year-ago; Adjusted EBITDA on post-IFRS 16 basis reaches $155 million

NMC’s non-core asset sale plan still on despite creditors taking control Reuters/Dubai Filed on June 9, 2021 A source said creditors would take a decision later concerning the planned sale process for the core business in the UAE and Oman. — File photo NMC’s core assets are in the UAE and Oman Hospital operator NMC will proceed with the sale of non-core international assets despite the planned transfer of the company’s business to creditors following a restructuring exercise, i...

Read more about Fraud charges: Dubai-based billionaire B R Shetty to drag BoB to court on Business Standard. Shetty is currently in India and trying to return to Dubai to take care of his businesses, but a travel ban issued by BoB has put paid to his plans.

In November, BR Shetty denied reports he had fled the UAE after the hospital groups implosion Mumbai: A court on Wednesday refused to let BR Shetty, the founder of troubled hospital operator NMC Health, travel to the United Arab Emirates (UAE), as it upheld a previous ruling. Shettys NMC, the UAEs biggest hospital group listed in London, went into administration in April 2020 after months of turmoil over its finances and its disclosure of $6.6 billion in debt, well above earlier estimates. "T...