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<keyword id="4233468" type="General" weightage="80" keywordseo="mg-motor-india" source="Orion">MG Motor India</keyword> on Wednesday said it plans to offer majority stakes to local partners over the next 2-4 years as part of a five-year business roadmap in the country. <keyword id="5287148" type="General" weightage="100" keywordseo="mg-motor" source="Orion">MG Motor</keyword> is a British brand which is currently owned by China's largest automaker <keyword id="317281" type="General" weightage="20" keywordseo="saic-motor-corp-" source="Orion">SAIC Motor Corp.</keyword> The automaker, which has lined up Rs 5,000 crore to expand operations in the country by 2028, has been looking to raise capital for sometime now to fund its next phase of growth. The company's plans to bring in more capital to the country from its Chinese parent have not been successful so far. As per industry sources, the automaker has been waiting for government approval for around two years now and has therefore started looking for other options to raise capital. Elaborating on its roadmap, the company said it has plans to set up its second manufacturing plant in the country, taking its installed capacity to 3 lakh units per annum and roll out new products for the domestic market, including electric vehicles, as part of its five-year business roadmap in the country. The company currently rolls out products from its manufacturing plant in <keyword id="6389723" type="General" weightage="20" keywordseo="halol" source="Orion">Halol</keyword>, Gujarat, which it had acquired from <keyword id="4581" type="General" weightage="50" keywordseo="general-motors" source="Orion">General Motors</keyword>. The Halol plant can produce up to 1.2 lakh units per year. The automaker said it aims to launch 4-5 new cars in the country, with a focus on EVs. The company expects its EV portfolio to contribute up to 65-75 per cent of total sales in <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword>, it noted. The automaker said it is also exploring setting up cell manufacturing and hydrogen fuel-cell technology through joint ventures or third-party manufacturing. With expansion plans in place, the automaker aims to have a total workforce of 20,000 by 2028. "The company's unwavering dedication to India is deeply ingrained in our <keyword id="16833980" type="DOMAIN" weightage="20" keywordseo="ethos" botkeyword="" source="ET" sourcekeytype="COMPANY" meta.keywordsubtype="EQ" meta.aliasname="ethos" meta.entityname="Ethos Ltd." meta.entityid="23844" meta.seoname="ethos-ltd">ethos</keyword>. As we pave the way for our next phase of sustainable growth, we have outlined a clear roadmap and vision for 2028. Our growth strategy is centred around strengthening localisation, aligning more closely with the government's 'make in India' initiative while innovatively augmenting our promise consistently, and diligently meeting the evolving needs of the market," MG Motor India CEO <keyword id="17374417" type="General" weightage="50" keywordseo="emeritus-rajeev-chaba" source="Orion">Emeritus Rajeev Chaba</keyword> stated. He further said that the automaker is committed to making a positive impact on society. Chaba also highlighted the company's focus on promoting gender diversity. The company said it aims to train 1,00,000 students under its 'MG Nurture' programme. The students will be trained in EV, <keyword id="2572482" type="General" weightage="50" keywordseo="adas" source="Orion">ADAS</keyword> and connected car technologies. MG Motor India sells models like <keyword id="1027495" type="General" weightage="50" keywordseo="hector" source="Orion">Hector</keyword>, Astor, <keyword id="1218145" type="DOMAIN" weightage="20" keywordseo="gloster" botkeyword="" source="ET" sourcekeytype="COMPANY" meta.keywordsubtype="EQ" meta.aliasname="gloster" meta.entityname="Gloster Ltd." meta.entityid="12267" meta.seoname="gloster-ltd">Gloster</keyword> and ZS EVs in the market. It recently introduced a small EV, Comet, in the domestic market. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/sports/news/top-10-fastest-fifties-in-ipl-history/slidelist/100126211.cms">Top 10 fastest fifties in IPL history</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/investment/news/investment-supertrends-2023-ai-to-digitalisation-and-green-energy/articleshow/100126382.cms">AI to digitalisation and green energy: Supertrends defining investment for today and the future</a>

MG Motor India plans to dilute majority stakes to local partners

Greater Noida, Feb 7 ( ) MG Motor India on Friday unveiled its premium SUV Gloster and MPV G10 in the luxury segment at the Auto Expo here. These new models are scheduled to be launched in the domestic market later this year, the company said. "The launch of Gloster and G10 will mark our entry in the luxury Sport utility vehicle (SUV) and Multi-Purpose Vehicle (MPV) segments respectively. We are confident that, with its best-in-class features, specifications and performance, the Gloster will be a benchmark for luxury SUVs in India with its launch later this year and G10 will also follow soon," MG Motor India President and Managing Director Rajiv Chhaba said. The G10, which is expected to give a direct competition to Kia Motors MPV Carnival, is sold globally in markets such as Australia, New Zealand, Middle-East, South American and ASEAN countries. It comes with features such as various seating configurations, touch-free smart sensing rear door and smart automatic sliding doors, among others. At Auto Expo 2020, MG Motor has showcased as many as 14 advanced vehicles across hatchback, sedans, and utility vehicle segments. IAS DRRDRR

MG Motor India unveils premium SUV Gloster, MPV G10

<keyword id="5287148" type="General" weightage="20" keywordseo="mg-motor" source="Orion">MG Motor</keyword> India on Wednesday reported 7 per cent drop in retail sales at 4,193 units in February over the same month a year ago. The company had sold total 4,528 units in February 2022. The carmaker said that while booking for the Next-Gen Hector is positive, "the supply situation of select variants is impacted." <keyword id="503537" type="General" weightage="20" keywordseo="mg" source="Orion">MG</keyword> Motor India is also focused on ramping up the production of premium SUV MG Gloster to cater to the SUV demand, the company said. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/tata-nexon-harrier-and-safari-dark-editions-offering-more-features-at-at-higher-price/slidelist/98173634.cms">Nexon, Harrier and Safari Dark editions launched – price, specs and more</a> <a href="https://www.businessinsider.in/business/auto/news/yamaha-fascino-125-ray-zr-and-ray-zr-street-rally-launched-in-india-price-specifications-and-more/slidelist/98114951.cms">Yamaha Fascino 125, Ray ZR and Ray ZR Street Rally launched in India – price, specs, more</a> <a href="https://www.businessinsider.in/business/auto/news/audi-q3-sportback-launched-in-india-price-specs-and-features/slidelist/97910330.cms">Audi Q3 Sportback launched in India – price, specs and features</a>

MG Motor India February sales fall 7% to 4,193 units

<ul><li>Called ‘The <keyword id="11959931" type="General" weightage="20" keywordseo="woman-on-wheels" source="Orion">Woman on Wheels</keyword>’, Deepa has enlisted herself in record books for several driving feats across deserts &amp; mountains. </li><li>The woman extraordinaire will humanize the voice of the personal AI assistant in the soon-to-be launched SUV MG Astor.</li></ul><keyword id="4233468" type="General" weightage="20" keywordseo="mg-motor-india" source="Orion">MG Motor India</keyword> aims to deliver a unique voice experience with a personal AI assistant in the upcoming SUV – MG Astor. The British automaker announced that the voice would be powered by none other than <keyword id="58509" type="General" weightage="20" keywordseo="paralympic" source="Orion">Paralympic</keyword> athlete and Khel Ratna Awardee Dr. <keyword id="110917" type="General" weightage="20" keywordseo="Deepa-Malik" source="Orion">Deepa Malik</keyword>. Called ‘The Woman on Wheels’, Deepa has enlisted herself in record books for several driving feats across deserts &amp; mountains. The woman extraordinaire will humanize the voice of the personal AI assistant in the soon-to-be launched SUV MG Astor. It is another step towards establishing the carmaker as an auto-tech pioneer. MG has led disruption in the Indian automotive sector with many firsts like internet-connected car Hector, pure electric SUV ZS EV, Autonomous Level I SUV Gloster. For another industry first car – MG Astor with a personal AI assistant – it only made sense for MG to onboard somebody like Deepa Malik who has several firsts in her list of achievements. Talking about the partnership, Rajeev Chaba, President &amp; Managing Director, <keyword id="5287148" type="General" weightage="20" keywordseo="mg-motor" source="Orion">MG Motor</keyword> India, said, “At MG, we strive to consistently create exciting and meaningful experiences for our customers. In another first, we are introducing a personal AI assistant in MG Astor. Having Deepa Malik, a woman of many firsts, as a voice for Astor, is in line with our commitment to both community and diversity. Deepa is the epitome of women empowerment and her voice in Astor is a message for everyone to be unstoppable.” Deepa Malik, the <keyword id="11959932" type="General" weightage="20" keywordseo="first-Indian-woman-Paralympic-Medalist" source="Orion">first Indian woman Paralympic Medalist</keyword>, said, “I am delighted to be the voice of the next MG SUV. I have closely followed MG’s journey in India, and I applaud their vision. MG has not only led the disruption in the automotive industry, but it has contributed to the empowerment of different sections of society. It is commendable that MG’s one-third of the active workforce is women. I am confident that MG will emerge as a champion with the industry-leading features of Astor.” The British brand MG in India is known for its community and diversity-driven initiatives where it has supported women empowerment with initiatives like Girl Child Education, ‘Drive Her Back’, support of Patan Girls, dedicated hostels for women employees, and more.

MG Motor gets India's first woman Paralympic Medalist Deepa Malik to voice its personal AI assistant

New Delhi, Feb 20 () MG Motor India on Thursday said bookings for its SUV Hector have crossed 50,000 units in just eight months since its launch, and plans to launch six-seater version of the model later this year. The model has already sold nearly 20,000 units since its entry into India last year. MG Motor India Chief Commercial Officer Gaurav Gupta said, "The Hector continues its strong momentum in the Indian market crossing the 50,000-mark in terms of bookings received in just eight months since its launch." He further said the company continues to accelerate the momentum by opening new brand outlets closer to prospective customers in tier-I and tier-II cities. "With plans to launch the Hector Plus 6-seater family version in Q3 2020 (third quarter of 2020), we aim to further strengthen the Hector brand in India," Gupta said. MG Motor India said it has already expanded its operational footprint to over 200 centres across India and aims to expand the number to 250 by March-end. It is also planning to make MG Gloster available in the market by Diwali 2020. RKL HRS

MG Motor India's SUV Hector bookings cross 50,000 units

<ul><li><keyword id="10053839" type="UNKNOWN" weightage="20" keywordseo="harvey-j-alter">Harvey J Alter</keyword>, <keyword id="1605226" type="PERSON" weightage="20" keywordseo="Michael-Houghton">Michael Houghton</keyword>, and <keyword id="10053838" type="UNKNOWN" weightage="20" keywordseo="charles-m-rice">Charles M Rice</keyword> won the 2020 Nobel Prize in the field of medicine for discovering Hepatitis C virus. </li><li>The Nobel Assembly, composed of 50 voting members, will also announce awards for research in physics, chemistry, literature, peace, and economics in the coming days. </li></ul> The Nobel Prize week has kicked off amid the coronavirus pandemic with the first of the awards going jointly to Harvey J. Alter, Michael Houghton and Charles M. Rice “for the discovery of Hepatitis C virus.”According to the Nobel Assembly, these three scientists have contributed significantly in fighting blood-borne hepatitis, a major global health problem that causes cirrhosis and liver cancer. “The methodical studies of transfusion-associated hepatitis by 2020 Medicine Laureate Harvey J. Alter demonstrated that an unknown virus was a common cause of chronic hepatitis. Michael Houghton – awarded the 2020 NobelPrize in Physiology or Medicine – used an untested strategy to isolate the genome of the new virus that was named Hepatitis C virus. This year’s Medicine Laureate Charles M. Rice provided the final evidence showing that Hepatitis C virus alone could cause hepatitis,” the Nobel Assembly said. <div type="twitter" handle="NobelPrize" handlename="The Nobel Prize" image="http://pbs.twimg.com/profile_images/1029729528548139009/fVPd0EwX_normal.jpg" favoritecount="569" retweetcount="635" status="BREAKING NEWS: The 2020 #NobelPrize in Physiology or Medicine has been awarded jointly to Harvey J. Alter, Michael… https://t.co/fzchOMYudC" createdat="1601890372000" id="1313049505802194945"></div> In addition to the award and the prestige that comes with it, the winner also gets a gold medal and 10 million Swedish kronor ($1.18 million) The Nobel Assembly, composed of 50 voting members, will also announce awards for research in physics, chemistry, literature, peace, and economics in the coming days. <table style="border-width: initial; border-style: none; width: 468pt; table-layout: fixed;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Nobel Prize category </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Award Declaration Date </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Physiology or Medicine </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">October 5 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Physics </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">October 6 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Chemistry </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">October 7 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Literature </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">October 8 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Peace </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">October 9 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Economic Sciences </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">October 12 </td></tr></tbody></table> Headquartered at the Karolinska Institutet in Sweden's capital city, Stockholm, the Nobel Assembly recognises scientists who have laid down the stepping stones for practical applications of scientific principles in everyday life. The Nobel Prize in physiology or medicine Last year, British scientist Peter Ratcliffe and Americans William Kaelin and Gregg Semenza were <a href="https://www.bbc.com/news/health-49959737">awarded </a>the Nobel Prize for discovering how cells sense and adapt oxygen levels in the human body. Between 1901 and 2019, about 110 Nobel Prizes in Physiology or Medicine have been awarded. The youngest recipient of the Nobel Prize for Medicine was Frederick Banting in 1923 for the discovery of insulin when he was just 32 years old. Another notable winner is Tu Youyou, who won the award in 2015 for developing a new malarial drug called Artemisinin from a traditional Chinese medicine. In the exercise of developing the drug, Youyou tested it on herself to speed up the process and ended up saving the lives of millions. <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/maharashtra-government-to-soon-take-a-decision-on-reopening-places-of-worship-says-shiv-sena-mp-sanjay-raut/articleshow/78490177.cms">Maharashtra government to soon take a decision on reopening places of worship, says Shiv Sena MP Sanjay Raut</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/checkout-upcoming-new-cars-in-october-2020-in-india-mg-gloster-audi-q2-land-rover-defender-in-list/slidelist/78489874.cms">Upcoming car launches in October— BMW 2 Series, MG Gloster, Audi Q2, Land Rover Defender, and more</a>

Harvey J Alter, Michael Houghton, and Charles M Rice jointly win the 2020 Nobel Prize in Medicine for the discovery of Hepatitis C virus

Tuesday Morning says it wants to close 265 stores as part of its bankruptcy filing. See if your local store is on the list.

<div class="image-container float_right" style="width:400px"><div class="image"></div>AP PhotoBerezovsky and Abramovich in 2000</div>There's speculation that Russian billionaire <keyword id="1322896" type="UNKNOWN" weightage="60" keywordseo="Boris-Berezovsky">Boris Berezovsky</keyword> was murdered in his estate outside London this weekend.
But there's also a great argument for suicide. He was found unconscious in his bathroom with the door locked from the inside. Authorities found no trace of third party involvement in his death either, and they even tested for radioactive materials <a href="http://www.businessinsider.com/how-Boris-berezovsky-was-exiled-2013-3">(they've been used to kill anti-Putin agitators before).</a>
<a href="http://www.guardian.co.uk/world/2013/mar/24/boris-berezovsky-death-house-all-clear">According to close friends,</a> Berezovsky was increasingly depressed in his last days. In part, he regretted being the king-maker that put <keyword id="43440" type="PERSON" weightage="60" keywordseo="Vladimir-Putin">Vladimir Putin</keyword> in line to succeed Boris Yeltsin in 1999.
Even more importantly, Berezovsky felt deeply betrayed by the man he mentored, Russian billionaire <keyword id="88551" type="PERSON" weightage="60" keywordseo="Roman-Abramovich">Roman Abramovich</keyword>. Last year, Berezovsky sued Abramovich for $5 billion in London, alleging that Abramovich had intimidated him into selling his stake in their oil company, Sibneft, at a rock bottom price.
Abramovich argued that Berezovksy's stake was imaginary, that he was running Sibneft, and Berezovsky had only been the equivalent of a fundraiser, or an initial investor.
In fact the word in Russian is krysha — the man who provides protection, like a godfather.
It all goes back to the <a href="http://www.businessinsider.com/what-is-a-russian-oligarch-2013-3">rise of the oligarchs</a> during the privatization of Russian state-owned companies back in 1994.
That year, Abramovich and Berezovsky and met on a mutual friend's sailboat in the Carri bean. Berezovsky had already made his fortune in the auto business, media, commodities, and more industries. He was a high profile guy in Moscow's social scene known to have then-President Boris Yeltsin's ear.
That's why Abramovich needed him. Abramovich was wealthy in his own right, but super secretive. In fact, even after his meteoric rise to an advisor to the Kremlin, it was years before the Russian media released pictures of his face. In his early days, Abramovich lacked Berezovsky's connections, but he wanted to take advantage of the new Kremlin program to jump start the economy called "loans for shares."
Essentially, the program was an attempt to jump-start the privatization of Russian state-held companies. Banks lent the government money in exchange for shares in these badly managed companies. If the government defaulted on the loan, banks got to keep their stake.
Abramovich and Berezovsky had their sights set on Russian oil producer Sibneft. In his lawsuit, Berezovsky alleged that Abramovich agreed to give him 25% of the company. He also said the Abramovich agreed to give another 25% to his most trusted partner, Badri Patarkatsishvili.
That's why,<a href="http://www.vanityfair.com/politics/2012/11/roman-abramovich-boris-berezovsky-feud-russia#"> according Vanity Fair</a>, Berezovsky used his government connections and his control of Russian TV station O.R.T. to make Yeltsin a deal he couldn't refuse.
Berezovsky said he'd deliver the 1996 election for Yeltsin if Yeltsin ensured that he and Abramovich would win their bid for Sibneft.
And they did, but naturally there's no documentation detailing any of these agreements — not with the Yeltsin regime and not between Abramovich, Patarkatsishvili and Berezovsky.
<a href="http://www.vanityfair.com/politics/2012/11/roman-abramovich-boris-berezovsky-feud-russia#">From Vanity Fair:</a>
No document shows that either Berezovsky or Patarkatsishvili owned any part of Sibneft. Abramovich says that this is because they did not in fact own any part, while Berezovsky says that this is because, given how deep his own involvement in politics was, an off-the-books arrangement was necessary. Abramovich made annual payments to Berezovsky and his partner, but this clarifies nothing: Berezovsky claims that these were dividends, while Abramovich objects that Sibneft never showed a profit in the 1990s, so there would have been no basis for dividends. In Abramovich’s account, these were essentially payments to Berezovsky for his political influence. 
Then Vladimir Putin came to power in 1999 and <a href="http://www.businessinsider.com/how-boris-berezovsky-was-exiled-2013-3">Berezovsky fell out of favor with him and moved to London.</a> From London, Berezovsky openly used his vast fortune to take down Putin. Abramovich, on the other hand, stayed friends with the regime.
More from Berezovsky's testimony in <a href="http://www.vanityfair.com/politics/2012/11/roman-abramovich-boris-berezovsky-feud-russia#">Vanity Fair:</a>
“In early 2001, Badri reported to me that Mr. Abramovich had told him he was being squeezed by the Kremlin to stop his relations with us, and that if we did not sell our interest in Sibneft, President Putin would expropriate it,” Berezovsky said in his prepared witness statement before the trial. “I understood Mr. Abramovich to be threatening that Badri and I could either sell our interest in Sibneft and receive some money (albeit at a gross undervalue), or he would ensure that we would lose our interest in any event.” Abramovich’s version is different.
He says that Patarkatsishvili approached him in January 2001, demanding a final payment that would serve to close the long-running relationship between Abramovich, the owner of Sibneft, and Berezovsky, the godfather. Whatever the truth, Berezovsky and Patarkatsishvili received $1.3 billion. Two years later, Sibneft merged with the oil giant Yukos; at that time Yukos paid $3 billion for 20 percent of Sibneft’s shares.
So Berezovsky felt like he'd been had. Unfortunately, the Judge Elizabeth Gloster did not agree. She said Berezovsky “had deluded himself into believing his own version of events,” and ordered him to pay the trial's legal fees.
It was the trial of the century too. Abramovich's lawyer, Jonathan Sumption, alone <a href="http://english.ruvr.ru/2012_09_10/Abramovich-s-advocate-to-get-record-12-million-fee/">took home $12 million in legal fees.</a> The entire bill reportedly wo totaled around $160 million.
<div class="image-container float_left" style="width:400px"><div class="image"></div><a href="http://www.guardian.co.uk/world/2013/mar/24/boris-berezovsky-death-house-all-clear">The Guardian Video</a>Boris Berezovsky's Berkshire estate</div>Meanwhile, Berezovsky was already in a tough spot financially after living a lavish life of properties in France and England, fancy cars (he had a 1927 Rolls Royce), and tons of security for himself and the 6 children he had with three different women.
In 2011 he paid his ex-wife, Galina Besharova, a <a href="http://www.guardian.co.uk/world/2011/jul/22/boris-berezovsky-divorce-record-payout">$152 million divorce settlement</a> (no prenup). His former mistress <a href="http://www.guardian.co.uk/world/2013/mar/24/boris-berezovsky-death-house-all-clear">Elena Gorbunova was suing him for $7.6 million</a> when he died too.
<a href="http://www.guardian.co.uk/world/2013/mar/24/boris-berezovsky-death-house-all-clear">From The Guardian:</a>
One Russian lawyer, Alexander Dobrovinsky, said Berezovsky "was in a dreadful, horrendous state; covered in debt, almost broke.
In 1997, Forbes estimated Berezovsky's fortune at $3 billion. In 2009 it had shrunk to <a href="http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_Boris-Berezovsky_V7GU.html">$1 billion.</a> This year he was not on the list.
He did, however, give Forbes's Russian magazine his last interview on Friday night <a href="http://www.telegraph.co.uk/news/worldnews/europe/russia/9950869/Boris-Berezovskys-last-interview-There-is-no-point-in-life.html">(from the Telegraph):</a>
lya Zhegulev, a commentator with the Russian edition of Forbes magazine, met the 67-year-old oligarch in the restaurant of the Four Seasons hotel on Park Lane on Friday evening.
Mr Berezovsky said had had lived through "many disappointments" in London. He said: “I’ve lost the point… there is no point [or meaning] in my life. I don’t want to be involved in politics. I don’t know what to do. I’m 67 years old. And I don’t know what I should do from now on.”
He said he wanted to return to Moscow: “I want nothing more than to return to <keyword id="6358826" type="COUNTRY" weightage="60" keywordseo="Russia">Russia</keyword>. Even when they opened a criminal case against me, I wanted to return to Russia… that was my main miscalculation: that Russia is so dear to me that I cannot be an émigré.”
Those are, perhaps, the words of a heart-broken, suicidal man at the end of his wits.

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MG Motor India plans to dilute majority stakes to local partners

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