Sunday July 14 2019, 12.01am, The Sunday Times Steel tycoon Sanjeev Gupta owned a stake in the controversial finance firm that has fuelled his meteoric growth, it can be revealed. California says range of activities — including gyms and bars — can reopen soon. Two-and-a-half years later, Mr Gupta’s bank has come under regulatory scrutiny for its funding of one particular business: his own. June 5, 2020. GFG has turned to Wyelands for some of this funding. ... Sanjeev Gupta's attempt to get away his first high-yield bond was a disastrous debut in debt capital markets. A UK retail bank owned by Sanjeev Gupta is launching an independent review after regulators found that it lent money to entities with a ‘closer relationship’ to the industrialist's empire ‘than would typically be expected’. Controversial British billionaire Sanjeev Gupta, who bought the former Arrium steelworks in Whyalla out of administration, has approached the federal government for financial assistance. The steel tycoon Sanjeev Gupta has delayed publishing the accounts of more than 20 companies, raising new questions about the financial health and transparency of his fast-growing empire.Analysis of
The post The workings of Sanjeev Gupta’s empire appeared first on Financial Times.
Steel tycoon Sanjeev Gupta is targeting a near-£3bn float of the Australian arm of his sprawling industrial empire in a move he hopes will quash speculation his business may be in trouble. London | A bank acquired by the metals magnate Sanjeev Gupta has extensive links with his family’s wider business empire, a Financial Times … How Sanjeev Gupta's empire is fuelled by opaque funding. Jordan takes major step towards post-coronavirus normality. ... Financial Times.
Trending Posts. Mr Gupta, 48, has long relied on unconventional financing to help build GFG Alliance, his family’s loose collection of industrial businesses that has grown into a sprawling empire with $20bn in annual turnover. Share 198 Tweet 124 Share.