Bad Boy Billionaires: India | |
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Directed by | Dylan Mohan Gray Nick Read Johanna Hamilton |
Country of origin | India |
Original languages | English Hindi |
No. of seasons | 1 |
No. of episodes | 3 |
Original release | |
Network | Netflix |
Release | 5 October 2020 |
Bad Boy Billionaires: India is a 2020 Indian Netflix original documentary anthology television series which focuses on the lives of four prominent business magnates of India, including Vijay Mallya, Nirav Modi, Subrata Roy and Ramalinga Raju, who achieved predominant success in their businesses during their lifetime before being accused of corruption. [1]
The documentary chronicles major financial scams in India and was released in part, following a lawsuit initiated by Subrata Roy's Sahara Group. [2] Netflix unveiled the official trailer of the film on 24 August 2020 and it was reported that the trailer was removed subsequently from the platform following legal issues. [3] The documentary was initially scheduled to be streamed via Netflix on 2 September 2020. [4] [5]
Three (of four) episodes of Bad Boy Billionaires: India released globally on Netflix in October 2020 to enthusiastic reviews and strong viewership. [6] [7] [8] It went on to enjoy a multiple-week run as the number one most-watched Netflix title in India while also nearing the top of Netflix's global charts [9] and being named the most-watched documentary of the year 2020 in India. [10] [11] It won the Filmfare Award, India's top film honour, in 2021. [12]
The documentary series explores scandals involving controversial Indian billionaires Vijay Mallya (Kingfisher Airlines), Subrata Roy (Sahara India), Nirav Modi (Gitanjali Group) and Ramalinga Raju (Satyam Computers). [13]
No. | Title | Directed by | Original release date | |
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1 | "The King of Good Times" | Dylan Mohan Gray | October 5, 2020 | |
Beer baron and airline owner Vijay Mallya builds a brand image of excess till his Kingfisher empire plunges into alleged money laundering and debt. | ||||
2 | "Diamonds Aren't Forever" | Johanna Hamilton | October 5, 2020 | |
Dazzling the world’s elite to globalize his jewelry brand, Nirav Modi is suspected of illegally inflating diamond prices. | ||||
3 | "The World's Biggest Family" | Nick Read | October 5, 2020 | |
Subrata Roy takes his Sahara India Pariwar conglomerate to dizzying heights before facing accusations of enticing poor investors into a pyramid scheme. |
A fourth episode featuring Ramalinga Raju exists but remains unreleased due to the show's legal issues.
On 28 August 2020, two petitions were filed against the release of the documentary in the Bihar district court. Bihar court passed an interim stay order on the petition filed by Subrata Roy against the release of the documentary in the Netflix platform. Following the stay order by the Bihar court, Netflix threatened to move to the Supreme Court against the court order for restraining the documentary release. [14]
Diamond merchant Mehul Choksi also filed a petition against the release of the documentary in the Delhi High Court and further filed a request demanding for the pre-screening of the documentary. [15] [16] Mehul Choksi filed the plea after being told that his involvement related to the Punjab National Bank Scam was also covered in the documentary. However his plea was dismissed by a single judge panel of the Delhi High Court on 29 August 2020. [17]
On 1 September 2020, Hyderabad civil court restrained the release of the webseries after issuing a stay order on a petition filed by Ramalinga Raju. [18] Raju claimed that the webseries documents half-truths about him and insisted that it would tarnish his reputation and privacy in an unlawful way. [19]
On 2 September 2020, the Supreme Court rejected the plea for relief filed by Netflix and upheld the stay order on the release of the documentary. [20]
On 5 October 2020, Netflix released three out of four films in the anthology, including those featuring Vijay Mallya, Nirav Modi and Subrata Roy, while the final episode about Ramalinga Raju remained encumbered by legal injunctions and as of July 2024 has yet to be released. [21]
Winner – Best Nonfiction Original, Series/Special – 2021 Filmfare OTT Awards, December 2021
Subrata Roy was an Indian businessman who founded the business conglomerate Sahara India Pariwar in 1978.
Mahindra Satyam was an Indian information technology (IT) services company based in Hyderabad, India, offering software development, system maintenance, packaged software integration and engineering design services. Satyam Computer Services was listed on the Pink Sheets, the National Stock Exchange and Bombay Stock Exchange and provided services to a wide range of customers including 185 Fortune 500 companies.
The United Progressive Alliance was a political alliance in India led by the Indian National Congress. It was formed after the 2004 general election with support from left-leaning political parties when no single party got the majority.
New Delhi Television Ltd is an Indian news media company focusing on broadcast and digital news publication. The company is considered to be a legacy brand that pioneered independent news broadcasting in India, and is credited for launching the first 24x7 news channel and the first lifestyle channel in the country. It owns and operates the broadcast news channels of NDTV India and NDTV 24x7. The two channels of the company have received 32 Ramnath Goenka Excellence in Journalism Awards.
Byrraju Ramalinga Raju is an Indian businessman. He is the founder of Satyam Computer Services and served as its chairman and CEO from 1987 until 2009. Raju stepped down following his admission to embezzlement from the company to the tune of ₹7,136 crores, including ₹5040 crores of non-existent cash and bank balances. In 2015, he was convicted of corporate fraud, which led to the collapse of Satyam Computers.
Gautam Shantilal Adani is an Indian businessman who is the founder and chairman of the Adani Group, a multinational conglomerate involved in port development and operations in India.
Look out circular (LOC) is a circular letter used by authorities in India to check whether a traveling person is wanted by the police. It may be used at immigration checks at international borders such as international airports or sea ports.
The Satyam Computer Services scandal was India's largest corporate fraud until 2010. The founder and directors of India-based outsourcing company Satyam Computer Services, falsified the accounts, inflated the share price, and stole large sums from the company. Much of this was invested in property. The swindle was discovered in late 2008 when the Hyderabad property market collapsed, leaving a trail back to Satyam. The scandal was brought to light in 2009 when chairman Byrraju Ramalinga Raju confessed that the company's accounts had been falsified.
The Enforcement Directorate (ED) is a law enforcement and economic intelligence agency of the Government of India. Established on May 1, 1956, it is responsible for enforcing economic laws and combating financial crimes. The ED operates under the Department of Revenue, Ministry of Finance, with its headquarters in New Delhi.
Vijay Vittal Mallya is an Indian fugitive former businessman and politician. He is the subject of an extradition effort by the Indian Government to return him from the UK to face charges of financial crimes in India.
Gitanjali Group was one of the largest branded jewellery retailers in the world. It was headquartered in Mumbai, India. Gitanjali used to sell its jewellery through over 4,000 Points of Sale and held a market share of over 50 per cent of the overall organised jewellery market in India. Prominent brands housed by the group included Nakshatra, D'damas, Gili, Asmi, Sangini, Maya, Giantti, World of Solitaire and Shuddhi. It was closed following Punjab National Bank Fraud more commonly known as Nirav Modi Fraud.
Dylan Mohan Gray is an Indian and Canadian filmmaker. His documentary feature film Fire in the Blood, premiered in competition at the 2013 Sundance Film Festival and went on to enjoy the longest theatrical run of any non-fiction film in Indian cinema history . An official selection at over 100 leading film festivals which was honoured with major awards and accolades worldwide, Fire in the Blood altered the global conversation around access to essential medicine, and in 2018 was named one of "26 landmark documentary films of the past seven decades" in a major retrospective curated by legendary documentarian John Pilger.
Nirav Deepak Modi is an Indian-born Belgian businessman and criminal who was charged by Interpol and the Government of India for criminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption, money laundering, fraud, embezzlement and breach of contract in August 2018. Modi is being investigated as a part of the $2 billion fraud case of Punjab National Bank (PNB). In March 2018, Modi applied for bankruptcy protection in Manhattan, New York. In June 2018, Modi was reported to be in the UK applying for political asylum. In June 2019, Swiss authorities froze a total of US$6 million present in Nirav Modi's Swiss bank accounts along with the assets.
The Punjab National Bank Fraud Case relates to fraudulent letter of undertaking worth ₹12,000 crore issued by the Punjab National Bank at its Brady House branch in Fort, Mumbai; making Punjab National Bank liable for the amount. The fraud was allegedly organized by jeweller and designer Nirav Modi. Nirav, his wife Ami Modi, brother Nishal Modi and uncle Mehul Choksi, all partners of the firms, M/s Diamond R US, M/s Solar Exports and M/s Stellar Diamonds; along with PNB officials and employees, and directors of Nirav Modi and Mehul Choksi's firms have all been named in a charge sheet by the CBI. Nirav Modi and his family absconded in early 2018, days before the news of the scam broke in India.
Mehul Chinubhai Choksi is an Indian-born businessman living in Antigua and Barbuda, who is wanted by the Indian judicial authorities for criminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption and money laundering. In an interview, Choksi claimed that he is innocent and all allegations against him are false, baseless and motivated by political expediency. Choksi has held Antiguan citizenship since 2017. He is the owner of Gitanjali Group, a retail jewellery company with 4,000 stores in India. An arrest warrant for Choksi has been issued in connection with the alleged Punjab National Bank fraud case. He was allegedly involved in stock market manipulation in 2013. In late May 2021, he went missing from Antigua and Barbuda. Choksi claims that he was kidnapped from Antigua by agents of the Indian state, while others stated that he fled the country. After being found and arrested in Dominica under charges of illegal entry he was then returned to Antigua and Barbuda on interim bail for medical treatment. In May 2022 the charge of illegal entry was dropped by the Dominican Government. Investigations into his disappearance are ongoing.
A Fugitive Economic Offender is a legal term in India. It relates to any individual against whom a warrant for arrest in relation to a "scheduled offence" has been issued by any Indian court under the Fugitive Economic Offenders Act. It applies to individuals who either left India to avoid criminal prosecution; or, being abroad, refuses to return to India to face criminal prosecution. The list of Fugitive Economic Offenders currently residing abroad is Pushpesh Baid, Ashish Jobanputra, Vijay Mallya, Sunny Kalra, Sanjay Kalra, Sudhir Kumar Kalra, Aarti Kalra, Varsha Kalra, Jatin Mehta, Umesh Parekh, Kamlesh Parekh, Nilesh Parekh, Eklavya Garg, Vinay Mittal, Nirav Modi, Neeshal Modi, Mehul Choksi, Sabya Seth, Rajiv Goyal, Alka Goyal, Lalit Modi, Nitin Jayantilal Sandesara, Chetankumar Sandesara, Ritesh Jain, Hitesh Narendrabhai Patel, Mayuriben Patel and Priti Ashish Jobanputra.
Yeh Ballet is a Netflix Original Film written and directed by Sooni Taraporevala and produced by Siddharth Roy Kapur. The film features two newcomers—Achintya Bose as Amiruddin Shah, and Manish Chauhan portraying Nishu, as the leads. The film also stars Julian Sands, Jim Sarbh, Danish Husain, Vijay Maurya, Heeba Shah, and Kalyanee Mulay. The film is streaming now on Netflix. The film is a fictionalized version of a short documentary by Taraporevala by the same name.
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Events in the year 2021 in India for real time basis.