Richest Kannadiga, BR Shetty, in trouble

Richest Kannadiga, BR Shetty, in trouble
https://ift.tt/327LNXy BR Shetty, the richest Kannadiga in the world with an estimated net worth of $1.6 billion, is in trouble. Shares of his flagship company, Abu Dhabi-based NMC Health, has dropped 70% since mid-December, following allegations by an US investment firm that NMC made potential overpayment for assets, inflated cash balances and understated debt.

https://ift.tt/eA8V8J from Times of India https://ift.tt/327LNXy

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February 20, 2020 at 11:10AM