Mankekar has significant stakes in USL, Talwalkars, etc, but the worth of his overall holdings isn't known.
With a new higher tax regime coming into effect from the new financial year, top corporates and wealthy investors are in a rush to restructure their shareholding.
Additional levy to eat into Rs 6,000-crore income of top promoters
'Unquestionably, the spirit behind the Panchsheel agreement and the 'Hindi Chini bhai bhai' slogan were thrown overboard by the Chinese, and a trust deficit was injected between the two nations.' A revealing excerpt from General J J Singh's The McMahon Line: A Century Of Discord.