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Gemini Arabians franchise in Masters Champions League (MCL), a Twenty20 cricket league was held by Khaitan Holdings. The team was captained by Virender Sehwag and coached by Andrew Shedlock from South Africa. The tournament was a T20 format for retired cricketers held in UAE. The franchises were named after star signs and Khaitan Holdings Group bought the star sign representing Gemini for 10 years. The team was named Arabians representing the spirit of Arabia being the local team owner of UAE.
The official theme of the team was Tu Mar Mere Yaar sung by singer Sidharth Mahadevan and the official colors Red with golden stars. The jersey was revealed in the skies above Dubai with skydivers unfurling a giant jersey. Some of the team players and team owner Nalin Khaitan also joined in the action and parachuted down into the venue. The unfurling was followed by an official launch ceremony and press conference attended by journalists representing all major media outlets in the United Arab Emirates. The Khaitan Holdings Group has been very closely involved with the development of cricket in the UAE. As a reflection of this, the team's mascots were cricket-loving Emirati twins.
Gemini Arabians won the prestigious MCL2020 cup in the inaugural season in 2016 after going undefeated in the tournament.
Though the tournament was meant for retired players, some national cricket boards faced issues with current players seeking no-objection certificates to play. The League also faced a player-payment issue during the tournament.
Gemini Arabians was the only team to honor all the payment to the players and service providers as per Federation of International Cricketers’ Associations and due to which Khaitan Holdings Group got global recognition in the field of cricketing sport.
Due to poor management, the league was folded after just one season.
Gemini Arabians were represented by some household names.
KHML is based in Mauritius and held the investment in the Telecom operations in India. The company is managed by an Independent professional board and based out of Port Louis, Mauritius. Reputed Lawyer Mr. Jason Harel from BLC Chambers is the Chairman of the board of the company.
Khaitan Group has initiated an international arbitration against the Government of India claiming refund of its investments in India. The Arbitration has been initiated on the basis of the treaty entered into between the Government of India and Mauritius. As per the treaty, a Mauritian investor can seek recourse to arbitration for protection of its investment in India. Khaitan Holdings investment qualifies as an eligible investor under this Treaty. The Khaitan Group has appointed Vinson & Elkins RLL, London (“V&E”) as its legal counsel for this arbitration.
Loop Mobile started its operations in 1995 as BPL Mobile. It was owned by Hon’ble Member of Parliament Shri Rajeev Chandrasekhar. Subsequent to the change of shareholding in 2004, the Khaitan Holdings Group took ownership control. In 2009 the brand name changed from BPL Mobile to Loop Mobile and since then providing the services in Mumbai city. Loop Mobile had over 3.5 million subscribers base during its operation in peak. As per Brand Trust report 2011, India conducted by TRA Research, Loop Mobile was ranked 4th amongst telecom operators and 62nd ranking at the All India Brand Trust amongst 16000 national brands.
Khaitan Group had entered into an agreement with Bharti Airtel, India for the sale of assets and subscriber base of Loop Mobile during June 2014. However, due to Indian Telecom regulatory issues the sale could not be completed and in the month of November, 2014 the license issued to Loop Mobile expired.
Loop Telecom was granted UASL Licence for 21 service area by Department of Telecommunications in year 2008 on payment of an Entry Fee.
The Hon'ble Supreme Court of India by an order dated 02.02.2012 declared all the 122 UASLs, granted on or after 10.01.2008, including the 21 UASLs of the Loop Telecom Limited, as illegal and quashed the same. Loop Telecom had invested Rs 2200 crores over and above the UAS Licence/ Entry fee in order to comply with its Phase i and phase ii Roll out obligations. Loop Telecom had commercially launched its services in all those circles were it got SACFA clearances, approval for lawful interception and MNP approval.
Loop Telecom had commercially launched its services in various circles namely Assam, Bihar, Gujarat, Haryana, Karnataka, Kerala, Kolkata, Maharashtra, Madhya Pradesh, North East, Orissa, Punjab, Rajasthan and UP (West). The Khaitan Holdings Group through its various investment companies has invested directly and indirectly into Loop Telecom Ltd. Loop Telecom, has appealed to the Honorable Supreme Court of India for a refund of the license fee paid.
KHG had obtained exploitation license for 2 magnetite iron ore mines & 1 Limestone mine in MENA region on 25 year lease basis. The mineral deposit was spread over an area 2.70 & 6.50 square kilometers and the mines had a combined probable reserve of 22 Million tons of magnetite iron ore with an average Fe content of 33% since 2014. KHG has successfully operated the mines on open pit mining basis and exploited approximately 3.50 MT before shutting operations. The iron ore extracted was crushed & beneficiated in 0-5 mm size at mine site with 50-54% Fe and exported to South East Asian markets.
Jove was a trading company based in Switzerland, that was owned by Khaitan Holdings. Jove was fast expanding its footprint to service growing business across all seven continents.
It bridged the gap between sellers and buyers of commodities.
Jove traded in physical commodities from production to consumption. Jove exported approx. 57% of the entire Ethanol produced in Peru in the year 2023
Jove works across entire value chain including sourcing, shipping, storage, finance, and marketing of commodities. We use derivatives to hedge commodity and currency price risks. It availed trade and structured finance tools to support both producers and consumers.
The company was sold to a group of Investors led by a buyer from Brazil in 2024.