The Midas touch of Rishi Sunak’s father-in-law, NR Narayana Murthy, one of the founders of the Indian conglomerate Infosys, has not proved to be hereditary.
After I disclosed last week the humongous losses at Digme Fitness, where his daughter, Akshata Murthy, sat as a director, the updated paperwork for her investment firm Catamaran Ventures shows another loss-making year for the outfit, which she set up with her husband in 2013.
It was £95,162 in the red last year, taking accumulated losses to £321,734. The company owes the heiress £4,267,121 in interest-free loans, according to a note in its newly filed accounts.
