The Hindustan Times Ltd explains details of Bermuda company - News Summed Up

The Hindustan Times Ltd explains details of Bermuda company


The Indian Express carried a report in the context of the Paradise Papers about Go4i.com (Bermuda), promoted by a subsidiary of The Hindustan Times Ltd, the holding company of HT Media Ltd. The report misrepresented the facts about the nature of the Bermuda company and its transactions. In order to set the record straight and present an accurate account, The Hindustan Times Ltd sent across a detailed note to the Indian Express on 13. 7 cr loss” (the “said Article”) in all print and web editions of The Indian Express as set out below. 3.The said Article specifically points a finger at our Chairperson, Ms. Shobhana Bhartia and alludes to her involvement with setting up of Go4i.com (Bermuda) Ltd.


Source: Hindustan Times November 17, 2017 02:26 UTC



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