Atul Gupta News

News

Guptas fined ₹2.5 lakh for open-defecation, littering at Auli weddings

Ajay Gupta's son Suryakant's got married on June 20, while Atul Gupta's son Shashank on June 22A bill of ₹8.14 lakh has also been sent to the company for collecting the garbage left behind after the weddings

1 min read30 Jun 2019
Politics

Income tax officials raid properties linked to wealthy Gupta family of South Africa

Income tax officials raided premises of the Gupta family at the centre of a corruption scandal involving South Africa's ex-president, Jacob Zuma, on suspicion they were bringing money to India

1 min read6 Mar 2018
News

Gupta empire crumbles as Jacob Zuma exits South African presidency

South Africa's Hawks unit raided the Guptas' luxury estate in Johannesburg's Saxonwold suburb soon after Jacob Zuma quit as president on 14 February

3 min read22 Feb 2018
News

Luxury cars that littered Guptas’ yard in South Africa a way to recoup some cash

As prosecuting authorities move to investigate the three Gupta brothers, seizing the fancy cars would be one of the ways for South Africa to try and recoup state funds that were allegedly looted by the family

1 min read21 Feb 2018
News

Gupta brother says dairy farm money didn’t go to his account

The start of the crackdown on the Guptas comes as South Africa's leadership changes, with President Cyril Ramaphosa replacing Zuma last week

1 min read20 Feb 2018
Companies

Global companies snared in South Africa’s corruption scandal

Atul Gupta says allegations against his family are nonsense and part of a twisted narrative being peddled by powerful forces with powerful vested interests

4 min read13 Dec 2017
News

Backlash over South Africa graft claims threatens Gupta empire

South African business empire built up by Gupta family is under pressure as they face a backlash over allegations that they exploited their friendship with Jacob Zuma to loot billions of rand from the state

5 min read8 Aug 2017
Companies

Orbis Capital looks to raise Rs500 crore from PE investors

Non-banking custodial services provider Orbis Capital to finance diversification and set up a custodian bank with fund

3 min read9 Jul 2016
Companies

Suzuki targets 5% market share in motorcycles segment in two years

The Japanese firm would launch new products to align with the industry trend where other manufacturers have been producing motorcycles in large numbers

1 min read15 Sep 2014
News

Gupta family apologizes over wedding jet scandal

Wealthy family in South Africa apologizes for diplomatic scandal over use of army air base to land a private jet

1 min read6 May 2013
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