Ravi Rishi Explained

Ravi Rishi
Birth Date:1955 9, df=y
Birth Place:New Delhi
Death Place:London
Nationality:British
Education:Bachelor of Engineering
Alma Mater:Indian Institute of Technology Delhi
Occupation:Businessman
Years Active:1977–2016

Ravi Rishi (full name Ravinder Kumar Rishi) was a non-resident Indian businessman, chair of the board of Vectra Group of companies and was based out of Richmond in the United Kingdom. Rishi also served as non executive director of Global Vectra Helicorp.[1]

He died on 13 March 2016 in London.

Early life and education

Ravi Rishi was born in New Delhi on 9 September 1955. He attended the Delhi Public School for primary and secondary education and subsequently earned a Bachelor of Engineering degree from the Indian Institute of Technology Delhi. Rishi moved to Singapore in late 1970s and finally to London where he lived till his death in 2016.[2]

Career

During his stay in Singapore and London, Rishi started investing in Eastern European companies. Rishi soon diversified and ran eighteen companies, mostly in India and Eastern Europe with businesses in aviation, heavy engineering, real estate, security systems, oil exploration and production, automotive, Information technology and service industry.[2]

Rishi was accused of financial irregularities in supply of Tatra trucks to the Indian Army and was being investigated by the Central Bureau of Investigation in India.[3] [2] In 2014, the CBI closed the case due to insufficient evidence.[4]

Notes and References

  1. News: Profile. Bloomberg. 9 September 2016.
  2. News: Who is Ravi Rishi. Business Standard. 9 September 2016.
  3. News: Ravi allowed to travel. Firstpost. 9 September 2016.
  4. News: CBI shuts Tatra case, says insufficient evidence to file chargesheet. Firstpost. 17 November 2016.