Nowhera Shaik, the controversial founder of the Heera Group and prime accused in the Dh2.36 billion Heera Gold scam, has been arrested in India. The arrest was made by sleuths of the Hyderabad Central ...

India’s Supreme Court has given Nowhera Shaik, managing director of Heera Group, three months to return Dh10.57 million (Rs 25 crore) to investors or face jail. Shaik, accused of running a massive ...

India's Enforcement Directorate (ED) has filed an affidavit in the country's Supreme Court seeking permission to arrest Nowhera Shaik , founder of the Heera Group, in a move that could have major ...