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Rana Kapoor-funded firms on shaky ground amid coronavirus pandemic

A dozen ventures remain mostly shuttered

Topics
YES Bank | Rana Kapoor | Reserve Bank of India RBI

Pavan Lall  |  Mumbai 

Even as jailed YES Bank founder Rana Kapoor, his wife Bindu and their three daughters Radha (left), Roshni (right) and Raakhee are under scanner for kickbacks, insider trading and breach of Reserve Bank of India (RBI) regulations, questions persist on the future viability of going concerns that their trusts and related companies had funded.

They include at least a dozen ventures that employ as many as 2,000 people. The collection of mostly small and medium sized businesses is a hotchpotch of ventures and include design schools, schools, villas for hire in Goa and a country club in ...

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First Published: Wed, May 06 2020. 21:42 IST
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