Wednesday, 26 January, 2022
TopicIndian Billionaires

Topic: Indian Billionaires

Don’t look at Netflix’s Bad Boy Billionaires for closure. Love-hate relationship will go on

Indians' worshipped their bad boy billionaires Vijay Mallya, Nirav Modi and Subrata Roy, until their ultra-rich idols ran into legal hurdles.

Chyawanprash to sanitisers — Dabur’s Burman family bets on Covid products

Sales of Dabur's flagship Chyawanprash rose 700% last quarter from the previous 3 months, said Gaurav Burman who runs his family office, which oversees about $1.5 billion in assets.

Mukesh Ambani is now world’s fourth richest man, overtakes Europe’s wealthiest

Reliance's shares have more than doubled from a low in March as its digital unit got billions in investments from companies including Facebook Inc. and Google.

Now, Mukesh Ambani is richer than Elon Musk and Google founders

Mukesh Ambani is now worth $72.4 billion, making him the sixth richest person in the world. Last week he surpassed Warren Buffet.

Swasth, the alliance of billionaires & start-ups that hopes to fix India’s healthcare system

Swasth, to be launched this week, will digitise patient data & records and create online platforms for hospital care and doctor consultations.

India’s rich are passing coronavirus to the poor, but not offering monetary help

Be it Akshay Kumar or Anurag Kashyap, Ambanis or Adanis, India's wealthy have yet to open their hearts, let alone their purse, in times of coronavirus.

These new Indian billionaires are racing ahead as the old ones are fading away

Number of billionaires in India more than doubled to 119 between 2013 & 2018 & the country will lead global growth in ultrahigh net worth individuals.

Richest Indians got wealthier by 39%, world’s poorest saw their fortunes dip by 11% in 2018, says Oxfam study

In its annual study released ahead of the start of the World Economic Forum, Oxfam said 13.6 crore Indians who make up the poorest 10% of the country remained in debt since 2004.

India’s 23 richest people saw $21 billion vanish in 2018

Lakshmi Mittal, who controls the world’s largest steelmaker, led the way, losing $5.6 billion.

Shivinder vs Malvinder: Everyone in India loves a Billionaire Brother Blowout

In the fight between Shivinder Singh & Malvinder Singh of Ranbaxy and Fortis, high finance meets family izzat. There's also a Babaji.

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inequality report

Dear Oxfam, stop looking for inequality in India, go back to distributing blankets

Oxfam India's 2022 report titled makes sweeping recommendations to fight 'extreme inequality', including reintroducing a ‘wealth tax’. Oxfam, leave economics alone.
Bottles of sunflower oil at a plant in Alekseyevka, Russia | Photo: Andrey Rudakov | Bloomberg

India to look at Brazil, Russia for sunflower oil as invasion threat looms over Ukraine

Ukraine is India's biggest supplier of sunflower oil. Any escalation in Russia-Ukraine tension is likely to hit edible oil prices in the country as 70% of its requirement is imported.

Defence

The photo of former PM Indira Gandhi with the three former service chiefs | Photo: Wikimedia Commons

‘Mystery’ brochure on 1971 War crops Indira Gandhi, Jagjivan Ram from images, courts controversy

Both images show the then service chiefs, but the former PM and defence minister is removed from them.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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