Belgium Financial News

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Lilavati Hospital, one of the country’s most reputed healthcare institutions, is at the centre of an explosive controversy. The Lilavati Kirtilal Mehta Medical Trust (LKMMT), which runs the hospital, has accused its former trustees of siphoning off over Rs 1,500 crore through fraudulent transactions, kickbacks, and illegal offshore deals. But it doesn’t end there. The trust has also alleged that black magic rituals were conducted within the hospital premises, with human remains discovered beneath the floor of the current trustees' office. The accusations, bizarre yet serious, have resulted in multiple FIRs and a growing legal battle.

Subscribe to enjoy similar stories. Days after Russia began its full-scale invasion of Ukraine, Kyiv’s allies united to deploy a weapon against the Kremlin: freezing Russia’s overseas assets. The question of what to do with the $300 billion in frozen funds has divided European countries ever since.

Radisson Hotel Group and the chain should aim to have 500 hotels in the country by 2030, its executive vice chairman, Federico J Gonzalez, told ET in an exclusive interview. «India should be our number one country in the world in terms of number of hotels. The economic growth in India is significant. But, besides the economic growth and the growth in population and infrastructure, the ambition and dynamism of Indians is one of a kind,» said Gonzalez. «Everybody you meet here wants to do more and wants to grow. I think when we see that kind of mindset in a country, we need to make sure we maximise the growth,» he said. «Do we have a plan to get to 500 hotels in India by 2030? No. But, should we have the ambition to do this, considering the pace at which India is growing? Absolutely, yes.» Gonzalez said the efforts being put in place by the government to improve infrastructure and government plans to develop 50 tourist destinations can be key growth drivers for the Belgium-headquartered chain. Radisson Hotel Group said on Monday its strategy is to have 240 hotels in operation and under development in India by the end of 2025, driven by a «strategic focus» on tier-two and three markets and the increasing demand for luxury lifestyle and midscale accommodations.

Subscribe to enjoy similar stories. NEW DELHI : As India ramps up efforts to expand its nuclear power capacity, Belgium-headquartered engineering firm John Cockerill is positioning itself to supply key services and equipment for upcoming projects, chief executive Francois Michel said in an interview. The company, which has deep roots in the nuclear sector, is also looking to establish cooling towers for these plants through its subsidiary, John Cockerill Hamon.

ChrysCapital has restarted discussions to acquire pan-India bakery chain Theobroma Foods at a significantly lower price than the original valuation ask of Rs 3,000 crore ($344 million) from the founding family and other shareholders, said people with knowledge of the matter. A formal agreement is expected in a month. Talks were stalled for about a month and a half due to Theobroma’s poor financial results but resumed recently, with the valuation pegged at about Rs 1,800 crore ($206 million), they said, adding that it was down from the `2,400-2,500 crore that most suitors were offering late last year.

Radisson Hotel Group said on Monday its strategy is to have 240 hotels in operation and under development in India by end of 2025, driven by a strategic focus on tier 2 and 3 markets and the increasing demand for luxury lifestyle and midscale accommodations. Headquartered in Belgium, the chain is one of India’s largest international hotel operators, with currently a robust presence of over 194 hotels in operation and development across 114 destinations. «As a global hospitality leader, we are committed to deepening our ties between Belgium and India, two nations united by a shared vision for growth and collaboration,» said Nikhil Sharma, managing director and area senior vice president, South Asia, Radisson Hotel Group.

Mahakumbh in Prayagraj. One, with this being the 'largest congregation of humanity', such 'accidents' can't really be stamped out. Two, that no matter how much such gatherings are touted as part of a vibrant culture, with human safety far from guaranteed, reputational damage will ensure that they remain an attraction for those who don't much care less for comfort and safety.

President Trump, an avid Diet Coke drinker, had the beverage served up at his inauguration luncheon.

United Nations officials say there were dead bodies on the streets of eastern Congo’s largest city where hospitals are overwhelmed and hundreds of thousands are fleeing gunfire and shelling

Coca-Cola has recalled some of its soft drinks in Europe after higher-than-normal levels of a chemical called chlorate were detected in bottles and cans at a Belgian production plant

Three northern European countries announced the recall of many of their leading products, including the iconic Coca-Cola mainly due to alarming levels of a chemical by-product of water disinfection operations using chlorine dioxide. Amongst other beverages were Sprite, Fanta as well as Minute Maid. The tainted products were primarily produced at its bottling operation in Ghent, Belgium.

Melania Trump's 'heavily photoshopped' official portrait astounds. On Monday, Melania Trump unveiled her new official White House portrait, shocking her loyal Instagram followers. Compared to previous First Ladies, who typically select far more colourful images, the black-and-white picture was a significant change.

Ivanka Trump turned heads at the Liberty Ball in Washington, D.C., Monday night, delivering a stunning nod to Hollywood’s golden era. The former first daughter stepped onto the stage in a custom Givenchy Haute Couture gown, a breathtaking re-creation of the iconic black-and-white dress Audrey Hepburn wore in the classic film Sabrina.

TikTok, accusing them of «unlawfully» sending Europeans' personal data to China.

electric vehicle for their next purchase, although 60 per cent of them considered charging infrastructure as a major challenge, according to a study. The global study by Tata Consultancy Services surveyed over 1,300 anonymous respondents across USA, Canada, UK, Ireland, Belgium, Denmark, Finland, France, Germany, Netherlands, Norway, Sweden, Switzerland, China, India, Japan, Australia and New Zealand, found that 56 per cent of them were ready to pay up to USD 40,000 (nearly Rs 35 lakh) for an electric vehicle (EV).

Saturday Night Live, is set to premiere on Netflix US on January 25, 2025. This release is part of a pre-existing Pay-1 agreement between Netflix and Sony Pictures.

Indian artisanal gin, single malt and coffee liqueur brands are planning to ramp up exports this year by debuting in new markets and categories.

International Gemmological Institute will debut on the exchanges on Friday. Ahead of the listing, the company's shares were trading with a GMP of Rs 135 in the grey market. Considering the upper price band of Rs 417, the stock is expected to see listing gains of 33% over the issue price.

₹1,900 crore from anchor investors on Thursday. The public offering, priced between ₹397 and ₹417 per share, is set to close on December 17.