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The mysterious UBOs surfing in India s small-cap froth

Some Mauritius-based funds made outsized investments into a small group of small-cap companies. In some funds, the identity of the ultimate beneficial owner remains a mystery

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The curious case of UAE-based funds in India s small-cap bubble

Obscure offshore funds may have played a role in running up the share price of certain small-cap companies in India. Several of these funds have links with Hari Tibrewala, the Dubai-based ‘hawala operator’ said to be behind the Mahadev Online betting app scandal

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SpiceJet Shares Drop Nearly 10% as CCO, COO Reportedly Asked To Resign

The stock value of SpiceJet dropped by close to 10 per cent during Tuesday s trading session following the announcements of two top-level executives stepping down.

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SpiceJet s Stock Drops Nearly 10 Per cent As CCO, COO Reportedly Asked To Resign | Companies News

Following the recent fund infusion, SpiceJet since last month has initiated several measures, including manpower rationalisation

New delhiShilpa bhatiaVarun kashyapAries opportunities fundElara india opportunities fundChief commercial officerChief operating officerAlso readRally in smallAries opportunities fund limitedRakesh gangwal sells

Several members of SpiceJet s commercial team, including Chief Commercial Officer resign: Spokesperson

Several members of SpiceJet s commercial team, including Chief Commercial Officer resign: Spokesperson
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