Home
fashion, gossip, scandal, sex, drugs, piracy, fake, business, government,
Tony Fernandez Used ‘Sports’ To Get Close to LN Mittal and Ratan Tata

Tony Fernandez Used ‘Sports’ To Get Close to LN Mittal and Ratan Tata

Got to give it to AirAsia’s Tony Fernandez for his farsightedness and shrewd business acumen. Fernandez had planned ahead to use Lakshmi Mittal in expanding his Tune Group empire into India. To get close to Lakshmi Niwas Mittal, Tony bought over Queens Park Rangers (QPR) F. C. football team. Mittal owned 34 percent stake in QPR Team and his son-in-law, Amit Bhatia was on ithe team’s board.

Tony Fernadez had eyes on Ratan Tata too. For this he befriended Narain Karthikeyan. Tata sponsored Narain in Formula 1 and Tony too owned a F-1 team – Caterham. It’s through Formula 1 racing that Tony met Narain and who then introduced him to his sponsor Ratan Tata in 2005.

Air Asia entry into Indian Civil Aviation industry fell in place with AirAsia owning 49% in the India venture, Tatas taking 30% and 21% is with Arun Bhatia (Father of LNM’s son-in-law) of Telestra Tradeplace. By the way – Arun Bhatia’s 21% stake is more of LNM’s Benami Holding.

Smart cookie this guy – Tony Fernandez is!

‘Kanimozhi – Raja’ Affair gathers Steam

Now that Kanimozhi too seems to be involved in the 2G Scam, the city is buzzing with the ‘Kanimozhi-Raja’ love affair. It is an open secret that Mr.Karunanidhi’s daughter – Kanimozhi and the 2G scam tainted Raja are having an affair. This has been widely reported in the local Tamil press. This is also the […]

Desi Designers who were Sport Champs earlier

Do you know of any Indian fashion designers who excelled at sports and that too in national Level championships? No? Well you would be surprised to know that designer Namrata Joshipura was in the National Women’s Hockey Team way back when she was in High School. Joshipura used to train hard at the National Stadium […]

Vanisha Mittal & Amit Bhatia Have Separated

When the world’s richest Indian – Lakshmi Mittal’s only daughter, Vanisha Mittal got married to Delhi lad, Amit Bhatia, it was expected that it would beat all records of ‘Big Fat Indian Weddings’. LN Mittal reportedly spent $78 Million in his daughter’s wedding in June 2004. Alas the wedding did not even last 10 years. […]

MenuMenu