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<ul><li>The <keyword id="1661344" type="PERSON" weightage="20" keywordseo="Gupta-family">Gupta family</keyword> have agreed to pay up for the cleaning and disposal of the waste. </li><li>The Municipal Corporation has employed 20 workers for cleaning the site. </li><li>The twin wedding celebrations of <keyword id="364796" type="PERSON" weightage="20" keywordseo="Suryakant-Gupta">Suryakant Gupta</keyword> and <keyword id="201009" type="PERSON" weightage="20" keywordseo="Atul-Gupta">Atul Gupta</keyword> had turned the hills into a 200 ton waste site. </li></ul><keyword id="484044" type="CITY" weightage="20" keywordseo="Auli">Auli</keyword>, the famous Himalayan ski resort was recently in the news for the billionaire Gupta wedding. The twin wedding celebrations of Suryakant Gupta and Atul Gupta saw the hills turn to a mega spectacle attended by Bollywood celebrities and ministers. With these celebrations came a massive 200 tonnes of waste. After public furore, the Gupta family agreed to make reparations for the waste from weddings that took place between June 18 to 22. The Gupta family has already deposited ₹54,000 with the Municipal Corporation. They have also agreed to pay the complete amount that goes into cleaning and disposal of the waste, <a href="https://www.aninews.in/news/national/general-news/ukhand-gupta-family-to-pay-entire-cost-of-waste-disposal-in-auli20190625074642/">reported ANI</a>. The Municipal Corporation has employed 20 workers for cleaning the site. This issue receive attention after a PIL was filed on the damages caused to the environment. The court has given instructions to the District Administration and the Pollution Control Board to submit a report on the harm caused by celebrations, by July 7. The next hearing on the PIL is scheduled to be on July 8. “Over 150 quintals of waste has been cleaned up till now. After the cleaning work is complete the total bill of all the expenses, including manual labour and vehicles, will be sent to them. The family has agreed to pay the entire bill and also provide a vehicle to the municipality,” Shailendra Panwar, Municipality President, he <a href="https://www.aninews.in/news/national/general-news/ukhand-gupta-family-to-pay-entire-cost-of-waste-disposal-in-auli20190625074642/">told ANI</a>.

The Guptas will pay for cleaning their 200-ton wedding waste in Auli

The Gupta family from India, who control shipping company Astra Global, have accused a banker in a lawsuit of doctoring bank statements and concealing a long-running grift that robbed the family of millions of dollars.Over some 10 years, Dubai-based Iyer Vaidyanathan Narayan cultivated a tight relationship with the Gupta family between 2009 and 2019, according to a <a href="https://www.documentcloud.org/documents/22187517-astra-global-dmcc-et-al-v-narayan-et-al-complaint">lawsuit</a> filed in New York on August 16.The lawsuit claims that while Narayan was making nice with the fam, he was also draining their bank accounts. He has also been accused of providing false bank statements to keep his clients unaware of his actions.What is perhaps most bizarre (if proven true), is that reportedly Narayan — who is now in police custody in Dubai over a separate criminal complaint filed by Astra in October 2020 — is still <a href="https://www.businessinsider.com/ganesh-narayan-astra-global-lawsuit-chatwal-hotel-2022-8">reaping the profits</a>.This post first appeared in 10 Things on Wall Street, a newsletter by Insider that brings you all the biggest stories dominating the finance industry — delivered daily to your inbox. Sign up <a href="https://www.businessinsider.com/subscription/newsletter/10-things-on-wall-street?r=US&amp;IR=T">here</a>. Download Insider's app <a href="https://link.insider.com/click/27645591.160803/aHR0cHM6Ly93d3cuaW5zaWRlci5jb20vYXBwP25yX2VtYWlsX3JlZmVyZXI9MSZ1dG1fc291cmNlPVNhaWx0aHJ1JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9T3BlbmluZ19iZWxs/62667762063d6b9bef0cffb3Bf9c9aa56">here.</a><a href="https://www.businessinsider.com/ganesh-narayan-astra-global-lawsuit-chatwal-hotel-2022-8"></a>1. Former Indosuez Wealth Management banker Iyer Vaidyanathan Narayan has been accused of stealing $50 million. The lawsuit also accused him of doctoring bank statements, and that the stolen money was put toward hotels in New York and Miami, and land in the Catskills.Narayan, known as Ganesh, was a managing director and the head of non-resident Indian business at Indosuez, the wealth-management arm of French bank Crédit Agricole. He flew from Dubai to New Delhi on several occasions to schmooze with the Gupta family. He attended their happy family events like a 25th wedding anniversary, and mourned with them at funerals in recent years.Despite the niceties, Narayan used <a href="https://www.businessinsider.com/ganesh-narayan-astra-global-lawsuit-chatwal-hotel-2022-8">misappropriated funds and shell companies</a> to make investments in hotels like The Chatwal in Midtown Manhattan and the Dream South Beach in Miami, according to the lawsuit.Narayan was fired from Indosuez in the second half of 2020 when the bank became aware of his alleged actions.Insider's Zoe Rosenberg and Jack Newsham have the latest on this extraordinary <a href="https://www.businessinsider.com/ganesh-narayan-astra-global-lawsuit-chatwal-hotel-2022-8">story here</a>.In other news:<a href="https://www.businessinsider.com/alternative-investing-startups-fintechs-2022"></a><div type="image" title="Alternative investing startups to watch, according to VCs, from left: Altan Insights founder and CEO Russell Lieberman, RealBlocks CEO Perrin Quarshie, and Allocate co-founders Hana Yang and Samir Kaji" height="1249" width="1666" msid="93802323" hostid="261"></div>2. Venture-capital investors poured $4.8 billion into the next frontier of alternative-investment startups in 2021. Meet six up-and-coming investing startups that VCs said are shaking up how everyday investors access alternative assets like <a href="https://www.businessinsider.com/alternative-investing-startups-fintechs-2022">private equity and fine art</a>.3. Q2, a digital-banking and lending provider to companies like Betterment and Acorns, wants to win over big names like Apple and Amazon. Its digital-banking unit is building new banking products to expand its reach, and giving itself a <a href="https://www.businessinsider.com/q2-helix-banking-fintech-winning-over-amazon-apple-2022-8">facelift in the process</a>.4. Trend-following quants dominated hedge fund performance during the first half of this year. Here are eight <a href="https://www.businessinsider.com/trend-following-quants-cta-hedge-funds-performance-2022-8">CTA funds to watch</a>.5. It's long been an open secret in Silicon Valley that Twitter has been a poorly run mess. Now, with a whistleblower sounding the alarm, Elon Musk has more ammunition in his legal battle with <a href="https://www.businessinsider.com/twitter-whistleblower-jack-dorsey-ceo-agrawal-mismanaged-company-2022-8">the social-media platform</a>.6. Mental-health companies could see further consolidation as valuations slump in a crowded market. Here are eight companies that could get snapped <a href="https://www.businessinsider.com/deal-targets-mental-health-consolidation-analysts-2022-8">up in the next year</a>.7. Before Damola Adamolekun became chief executive of P.F. Chang's, he interned at Goldman Sachs during the last recession. Here is his advice for other executives and founders on navigating an economic downturn in <a href="https://www.businessinsider.com/ceo-pf-changs-how-to-prepare-economic-downturn-2022-8">this as-told-to essay</a>.8. Marketing and media startups are a hot ticket for investors at the moment. These startups are using technology to disrupt advertising and marketing. Check out 29 pitch decks they've <a href="https://www.businessinsider.com/pitch-decks-that-advertising-media-startups-used-to-raise-millions-2021-6">used to raise capital</a>.9. The Four Seasons hotel chain will fly passengers to global destinations using its custom Airbus A321neo private jet. Itineraries, which start at $135,000, include a 13-day trip from Athens to Johannesburg, and a 16-day journey <a href="https://www.businessinsider.com/photos-four-seasons-global-private-jet-travel-itineraries-135000-2022-8">from Tokyo to Bangkok</a>.<a href="https://www.businessinsider.com/banker-of-the-week-peggy-flannery-people-sustainability-generate-capital-2022-8"></a><div type="image" title="Peggy Flannery" height="1746" width="2328" msid="93802324" hostid="261"></div>10. And here's our Friday Banker of the Week. Meet Peggy Flannery, a former Goldman Sachs sales and trading banker who left the bank to ply her trade in sustainable investing.She has just been promoted to managing director at sustainable-infrastructure firm Generate Capital, and helped the firm oversee a unique deal with Starbucks and help it raise $2 billion in the last year from long-term investors like pension funds.Check out the full story <a href="https://www.businessinsider.com/banker-of-the-week-peggy-flannery-people-sustainability-generate-capital-2022-8">here.</a>Done deals:<ul><li>Trilon Group, an Alpine Investors infrastructure portfolio company, <a href="https://www.businesswire.com/news/home/20220824005559/en/Trilon-Group-Announces-Partnership-With-Alta-Planning-and-Is-on-Track-to-Be-Ranked-a-Top-100-Design-Firm">has acquired Alta</a> Planning + Design, Inc. Alta is a sustainability-consulting firm.Trilon manages a group of infrastructure consultant firms.</li><li>Erie Insurance has launched Erie Strategic Ventures, a venture-capital fund that will invest in entrepreneurs working in personal and commercial insurance.</li></ul>Curated by Aaron Weinman in New York. Tips? Email <a href="mailto:aweinman@insider.com">aweinman@insider.com</a> or tweet <a href="https://twitter.com/aaronw11">@aaronw11</a>. Edited by Hallam Bullock (tweet <a href="https://twitter.com/hallam_bullock">@hallam_bullock</a>) in London.

Doctored bank statements and a decade-long graft. This banker has been accused of stealing $50 million in a lawsuit that claims the money went toward hotels in New York, Miami, and land in the Catskills.

New Delhi, Apr 11 () Pharma major Lupin on Saturday announced contribution of Rs 21 crore for relief efforts directed towards mitigating the COVID-19 crisis. The company's global giving program comprises three separate contributions made by its employees, the company and the promoter family, Lupin said in a statement. Lupin's employees have given their two days' salaries, together contributing a sum of Rs 5.5 crore to the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund), it said. "The company has matched an equal sum of Rs 5.5 crore for direct initiatives that the company will implement to support overburdened national and state healthcare systems through donation of personal protective equipment, medicines and providing meals for front-line workers and the needy," Lupin said. In addition, the promoter Desh Bandhu Gupta family has committed a sum of Rs 10 crore for other direct impact initiatives in India and elsewhere in the world to supplement Lupin's relief efforts to tackle the COVID-19 crisis, it added. As one of the leading pharmaceutical companies globally, Lupin remains committed to ensuring uninterrupted supply of medicines across India and global markets while ensuring safety of our personnel involved, Lupin MD Nilesh Gupta said. "We are grateful for this opportunity to support those who are at the front-line of this battle against COVID-19," he added. AKT ABMABM

You Searched For "Gupta family" and got 3 results

The Guptas will pay for cleaning their 200-ton wedding waste in Auli

BI India Bureau

Doctored bank statements and a decade-long graft. This banker has been accused of stealing $50 million in a lawsuit that claims the money went toward hotels in New York, Miami, and land in the Catskills.

Aaron Weinman

Lupin contributes Rs 21 cr for COVID-19 relief efforts

PTI

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