Tycoon's killing epitomises dark side of modern India

Nitesh Bhardwaj allegedly ordered his father's death

It is a very discreet neighbourhood. High walls mask lawns and villas and guards stand before polished steel gates. Swimming pools can only be seen from the planes dropping through the heat and dust to New Delhi's airport a few kilometres away. Chauffeur-driven imported SUVs and local tradesmen in battered delivery vehicles constitute the only traffic on the leafy, palm-lined lanes.

Wednesday, 1 May, 2013, 3:39am

Alisher Usmanov moves to top of UK rich list

Alisher Usmanov

Alisher Usmanov, the Russian tycoon who owns nearly a third of the Arsenal Premier League soccer club, has ousted steel magnate Lakshmi Mittal from his position as Britain's wealthiest person. Mittal spent eight years at the top of The Sunday Times rich list, but has dropped to fourth place in this year's survey, after his estimated fortune fell by £2.7 billion (HK$31.9 billion) to £10 billion.

23 Apr 2013 - 3:45am

Dotcom tycoon Takafumi Horie released from jail in Tokyo

Internet tycoon Takafumi Horie. Photo: AFP

Japan's one-time maverick internet tycoon Takafumi Horie has used Twitter to announce his release from prison after serving nearly two years for accounting fraud. True to form, Horie, a flamboyant dotcom entrepreneur, tweeted yesterday: "I was released on parole at about 7.40am."

28 Mar 2013 - 2:44am

How tycoons' IPO 'losses' may hide profits at herd's expense

How tycoons' IPO 'losses' may hide profits at herd's expense

Tycoons are supposed to be smart. Yet, over 80 per cent of their investment in public offerings in the past four years is way below the offering price. How could they be that dumb?

Last week a good explanation arrived from the least expected source - the Hong Kong stock exchange.

2 Mar 2013 - 7:13am 1 comment

No action taken against tycoons

Government must act on curbing illegal parking. Photo: Felix Wong

I work in Wan Chai near the Fook Lam Moon "tycoon's canteen" restaurant.

22 Jan 2013 - 2:03am 1 comment

A Classic conundrum in the Year of the Dragon

On the track, the second half of the season is always the most appealing, even if the big international day is well behind us.

Regular high-grade racing, the promises made, kept or broken by the four-year-olds, the sprint series, the best of the season's domestic events belong to the back of the term and we've had two Group Ones in the past week.

1 Feb 2012 - 12:00am

Chau Ching-ngai jailed three years

Shanghai tycoon Chau Ching-ngai receives a relatively lenient three-year jail term for manipulating stock prices and falsifying registered capital. Observers had expected a term of up to eight years.

The disgraced tycoon previously ran a vast business empire, spanning luxury residential buildings and a hotel, which had made him the mainland's 11th-richest person.

2 Jun 2004 - 12:00am

Tycoon promises more success for dynamic duo

Douglas Whyte and Dennis Yip Chor-hong are a dynamic combination and must be followed in the $1 million Quicken Away Handicap (race six) at Sha Tin today, where in-form Ambitious Tycoon tackles 2,000 metres for the first time.

30 May 2004 - 12:00am

Tycoon to set TT in motion

Fortune Tycoon looks banker material from barrier two in the opening leg of tomorrow night's Happy Valley Triple Trio.

30 May 2000 - 12:00am