Skip to content
Search

Latest Stories

Lord Bagri passes away

BRITAIN'S business community is mourning the death of Lord Bagri, a respected entrepreneur who was also the longest serving chairman of the London Metal Exchange.

He was 86 and passed away on Tuesday night (25).


Born in Calcutta, Raj Kumar Bagri was chairman of Metdist, which dealt with non-ferrous metals. In recent years, his son Apurv played a more active role in the business.

Lord Bagri had the distinction of being the first non-white chairman of the London Metal Exchange (LME) , a post he held for a record 10 years from 1993.

As a mark of respect for him, the LME held a minute’s silence at 12.30 yesterday (26).

He is survived by his son Apurv and a daughter, Amita.

More For You

Nirav Modi

Nirav Modi has been in custody in the UK since March 2019. (Photo credit: ANI)

Nirav Modi tells London court extradition appeal will bring ‘sensational developments’

FUGITIVE businessman Nirav Modi, who has been in a UK prison for more than six years, has told a court there will be “sensational developments” when his extradition case to India resumes next month.

The 54-year-old appeared before High Court Judge Simon Tinkler at the Royal Courts of Justice in London on Friday in an unrelated civil case involving an unpaid loan of over USD 8 million to the Bank of India.

Keep ReadingShow less