India's booming real estate sector has more than doubled the number of billionaires from this space in just 12 months, with DLF's Kushal Pal Singh emerging "the world's richest real estate developer." Among 54 Indian billionaires identified by Forbes magazine, there are seven real estate developers with a net worth of over a billion dollar each.
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.
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.
Twitter has been in talks with India-born Padmasree Warrior among others.
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 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.
Every technology-related job in the US would be moved to overseas destinations within a decade as relocation of jobs to countries like India would enable firms to cut costs, a top American businesswomen has said.
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.
Tata Consultancy Services along with Bharti Televentures and National Thermal Power Corp was on Friday adjudged among the best employers in India by leading global human resources management firm Hewitt Associates.
Meet Hollywood's golden girls!
World's No. 1 venture capitalist Promod Haque of Norwest Venture Partners is in talks with five software product companies in India for funding.
Be it for the organisation they work for, or for their own venture, if they believe in an idea, they work relentlessly towards it.
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.
Whether it is jumping from a plane at 10,000 feet or just working away at his latest hospitality project, real estate tycoon Vicky, as Oberoi is fondly known to friends, believes in having fun.
In what is in effect a deposit to be paid into court pending a full trial in the case, Judge David Waksman has set a six-week timeline for Anil to pay $100 million to three Chinese banks as he concluded that he did not accept Ambani's defence that his net worth was nearly zero or that his family would not step in to assist him when "push came to shove".
Ankit Kawatra will be honoured by Queen Elizabeth II at Buckingham Palace on June 29.
People close to Shanghvi reveal he is known to make surprising moves both inside and outside the pharma industry.
'The airline business is very dynamic. If you are unable to keep up and lead, you end up last.' 'This is what has happened to Jet.'
Both have made factory jobs the centre of their economic agendas. Kanika Datta explains the practical limits to their ambitions.
Indian entrepreneurs have an excellent opportunity to start companies with anywhere between $1-10 million and create one of the top 10 companies.
'I don't want a government to tell me that I can't be there for my sister's wedding.'
The UK voted to leave the European Union after 43 years.
The magazine's annual international list shows love for our Bollywood girls in Hollywood, but the top slot goes to Hailey Baldwin.
K K Bangur Group flagship Graphite India Limited on Tuesday said it has been selected by Forbes Global amongst 200 best small companies for 2004 outside the United States which have annual sales of less than $1 billion.
Nultiple regulators are probing the nexus of scamsters with diamonds after a state-run bank got defrauded of $1.8 billion by designer jeweller Nirav Modi.
The world's No 2 venture capitalist says he supports outsourcing and urges India to use WTO rules to protect it from protectionist attacks in the US
There is a high demand for IT professionals who can envision, design and develop applications for the future.
Rounding off the year on a stylish note!
Indian billionaires do not believe in sitting on their wealth.
Trump gave few details but said he would expand on his plans at a major press conference on December 15 along with his children.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances