A US-based, Indian-origin pharma tycoon was arrested at Los Angeles International Airport over his involvement in a $149-million healthcare fraud. Tonmoy Sharma, 61, is the founder and former CEO of Sovereign Health Group — an addiction treatment provider — and is originally from Guwahati, Assam. Sharma, who studied medicine at Dibrugarh Medical College and interned…
Karachi-based media entrepreneur Salman Farooq and his armed bodyguards brutally assaulted a Hindu man while his sister kept pleading for mercy. A video of the road-rage incident went viral on social media and sparked massive outrage, leading to the arrests of Farooq and his accomplices. Following Farooq’s arrest, the Hindu man’s siblings’ home was found…
Absconding diamond merchant Mehul Choksi, a key accused in the ₹13,000 crore Punjab National Bank (PNB) fraud case, has been detained in Belgium and is set to be extradited to India. The development marks a significant step for Indian investigative agencies seeking to prosecute Choksi, who fled the country in 2018. While the criminal case…
Lee Shau-kee, a Hong Kong real estate tycoon who made his immense fortune building tens of thousands of apartments for middle-class descendants of refugees who had fled Communist mainland China, died on Monday. He was 97. His death was announced by the company he founded, Henderson Land Development. It did not say where he died…
Harold G. Hamm, the billionaire oil and gas executive who helped bankroll Donald J. Trump’s campaign and stands to profit from his energy policies, is hosting an exclusive fossil fuel industry celebration on Inauguration Day. The daytime party on the roof of the historic Hay-Adams Hotel, a block from the White House, will be a…
Elon Musk is attempting something few others have in modern history: The creation of his own company town. Musk, already a powerful figure in Texas through his companies like SpaceX, is now taking steps towards establishing a community known as “Starbase”, which will be located near SpaceX’s rocket launch site in Boca Chica, Texas, The…