People close to Shanghvi reveal he is known to make surprising moves both inside and outside the pharma industry.
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.
Meet the world's top venture capitalists, the early investors behind some of the biggest IPOs on the planet.
Saudi Prince Alwaleed bin Talal bin Abdulaziz Alsaud, chairman of Kingdom Holding company will become the first private owner of A380 Flying Palace, Airbus said.
Developers remain cautious on property deals as customers expect further price cuts.
Developers remain cautious on property deals as customers expect further price cuts.
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.
British supermodel Cara Delevingne rocked the red carpet at GQ Men of the Year Awards.
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.
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.
Microsoft co-founder Bill Gates tops list of the world's top 25 richest self-made billionaires.
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.
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
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.
Tiens Group is treating more than half of its 12,000 employees to a four-day holiday in France.
Twitter has been in talks with India-born Padmasree Warrior among others.
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.
India's billionaires are pledging a decent amount of their wealth for the welfare of society.
An increasing number of US lawmakers voiced anger on Monday over the NBA's response to a Houston Rockets official's tweet backing Hong Kong democracy protests, raising US-China tensions as talks to end a 15-month trade war resumed.
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.
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.
Fan Bingbing, who has been ordered to pay $130 million (Rs 952 crore) for tax evasion, was reportedly kept at a "holiday resort" used by investigators in a suburb in the coastal province of Jiangsu.
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
ForbesTraveler's definitve list finds the most interesting, accommodating and overall best hotels and resorts around the globe.
Malini Agarwal reveals how she blogged her way to Bollywood, fame and success.
Maria Sharapova was dogged by injury and controversy as she tried to get her career back on track.
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.
Rounding off the year on a stylish note!
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