Jamim Shah, a well known media tycoon, has been shot down in Nepal.
Shah, who established Nepal's first satellite TV network, was shot dead while he was being driven through the centre of Kathmandu.
He was shot three times at point blank range; twice in the head and once in the chest.
His driver was also shot but survived.
Police have said they are looking for two assailants on a motorbike who may have belonged to an international crime syndicate.
Shah, a Nepalese of Kashmiri origin, had previously been accused of having links to organised crime kingpin Dawood Ibrahim, the most wanted man in India,
Shah, 47, was the head of Space Time Network, a satellite network.
He was the first to introduce private cable television to Nepal in 2001.