Chief executive officers heading America's 500 largest firms have taken a beating on their paychecks for the first time in five years, but the 13 female members of this elite club, headed by India-born chief of PepsiCo Indra Nooyi, have a reason to smile with a trend-defying hike.
Mumbai-based property developer Oberoi Constructions, led by billionaire Vikas Oberoi, is planning a Rs 4,000 crore ($1 billion) initial public offer by year end. Vikas Oberoi, also known as Vikki Oberoi is at the 707th slot in the Forbes annual list of billionaires with a wealth of $1.7 billion.
Mukesh Ambani, who runs India's most-valued business empire Reliance Industries group, also saw the highest fluctuation of about $35 billion in his net worth over the past year, even as he trailed his estranged brother Anil as the world's second-biggest wealth creator. Mukesh, however, managed to maintain a slender lead of $1 billion over Anil in terms of net worth, as per a Forbes billionaire list released on Thursday. Forbes has ranked Mukesh as world's 5th richest man.
A 10-year-old Finnish boy has received a $10,000 reward from Mark Zuckerberg for spotting a bug in Facebook-owned photo-sharing platform Instagram, becoming the youngest hacker to receive a cash reward from the social media giant for hacking its own products.
The most innovative thing in our industry was the idea of creating a software industry around the personal computer.
In the wake of Microsoft's collapsed bid for Yahoo!, Bill Gates spoke with Forbes.com on a Sunday afternoon in an exclusive interview to talk about Google, the future of Microsoft and why he likes being the underdog.
Be it for the organisation they work for, or for their own venture, if they believe in an idea, they work relentlessly towards it.
Elite retreats: As the world learns about 2008's most influential, most popular and richest celebrities we found out where they go to play! Enjoy
Companies that venture capitalists helped launch hauled in $34 billion from 86 public offerings and 304 acquisitions last year
Out of the world's 10 wealthiest CEOs, four positions have been grabbed by Indians -- Lakshmi Mittal is ranked at the second place followed by Mukesh Ambani (6th place), Anil Ambani (7th) and Wipro chief Azim Premji (9th). The list has been topped by Warren Buffet, the chief executive of Berkshire Hathaway with a fortune of $52 billion.
Silicon Valley venture capitalist Vinod Khosla has earned a year's worth of bragging rights -- he is the only person of Indian origin to feature in Vanity Fair's annual power list of 100 most influential people.
A very low rate of savings among mericans is a key reason for the weakening of US dollar, which in turn is hitting the bottomlines of Indian IT firms, feels Azim Premji, the billionaire chief of country's third-largest software exporter Wipro.
If you missed it in 2007, we've picked the Musts for 2008: Must SEE, DO, STAY, EAT & DRINK, HAVE and AVOID! Absolutely, positively everything you must do in the next 12 months!
Queen's Park Rangers, the Championship football club co-owned by two of the billionaires behind F1, on Thursday welcomed one of the world's richest men into its fold when Lakshmi Mittal bought a 20 per cent stake, writes Roger Blitz.
The father of four and founder of duty-free King Power International was a huge favourite with the club's fans.
India's growing knowledge economy and rising consumer aspirations drove the growth of ICICI Bank, the country's most valuable lender, its CEO K V Kamath said.
The latest Fortune list is topped by Apple Computer CEO Steve Jobs.
The latest list of richest Indians, compiled by Forbes magazine, has named 23 billionaires from Mumbai. Delhi accounts for only 12 such people. Among top five richest Indians living in India, two are from Mumbai and two from Delhi. But, Mumbaikars enjoy higher ranks than the Delhiites.
Moscow is home to 74 billionaires with an average wealth of $5.9 billion each, placing it above New York, while Russia is second only to the United States in the number of super rich according to Forbes magazine's latest annual rich list. As compared to Moscow's 74, New York has 71 billionaires, followed by London with 36, Istanbul with 34, and Hong Kong with 30.
With the Forbes' richest people list out and 4 Indians featuring in it, it has been calculated that a mere 10 per cent of their net worth can erase our national deficit
Building a winning career in the corporate world requires the same leadership it takes to rally teammates for a big game.
Both have made factory jobs the centre of their economic agendas. Kanika Datta explains the practical limits to their ambitions.
Blogging might be a leisure activity for many famous personalities but it has brought fame to people like India-born Om Malik who has been named as one of the global web celebrities by American magazine Forbes.
The Forbes' annual ranking of fiction's very wealthiest.
Some of the world's richest people are the world's most frugal people.
A tribute to James W Michaels, the long time Forbes editor who broke the story of Mahatma Gandhi's assassination.
Essar Group's Shashi and Ravi Ruia are the only new entrants in the list of the 10 richest Indians compiled by Forbes, while banker Uday Kotak jumped the most number of places among the top 40 billionaires. The Ruias jumped five places to the 7th position with a net worth of $12 billion, while Kotak with $4.6 billion hopped 11 positions to the 16th rank.
United are bigger than any one man and the decision to send Mourinho packing drives home that philosophy to players, fans and opponents.
Trump gave few details but said he would expand on his plans at a major press conference on December 15 along with his children.
All you need to do is work for the Sultan of Brunei.
You voted for 2014's hottest cover girls. Now vote for the hottest guy!
The 57-year-old Charudatta, a Tata Steel official, was constantly humiliated and harassed between May 2012 and May 2013 following which he took the drastic decision to end his life.
Leveraged buyout titans David Bonderman and James Coulter of Texas Pacific Group make their first appearance on the list, along with William Conway, Daniel D'Aniello and David Rubenstein of the Carlyle Group.
Modi, 46, who had figured in the Forbes' list of richest Indians, has been named in the cheating case on a complaint from the PNB, which alleged that the jewellery firm owner, his brother, wife and Choksi entered into a criminal conspiracy with the officials of the bank and cheated it, causing a "wrongful loss".
Most of Indian billionaires are shy of talking about the money they spend on charity.
Reliance Industries chairman Mukesh Ambani, equipped with a war chest of an estimated Rs 100,000 crore (Rs 1000 billion), is understood to be on a global hunt for acquiring a retail giant of the size of Wal-Mart or Tesco.
L N Mittal, Mukesh and Anil Ambani, and Azim Premji are among the 8 Indians who figure in the Forbes magazine's list of 100 richest people in the world.
India is ranked number 13 in terms of the lowest tax misery score, which is a sum of taxes levied at the highest marginal percentage in each jurisdiction.
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