One of its many offshoots was that it angered billionaire Nusli Wadia who was caught in the crossfire which culminated into a court case. Wadia who manages various businesses from biscuits-to ...

This includes Wallace Brothers Trading & Industrial Ltd paying Rs 34.71 lakh, BBTC (Rs 31 lakh) and Nusli Wadia, his sons and others jointly shelling out Rs 1.47 crore to settle the case.

Bombay Burmah Trading Corporation, its promoters including Nusli Wadia, his sons Ness and Jehangir, and others on Friday settled a disclosure lapses case with markets regulator Sebi after paying ...