Among the many exits from the billionaire's club in 2022 are D Uday Kumar Reddy of Tanla Solutions (net worth down 66 per cent), Sushil Kanubhai Shah of Metropolis Healthcare (down 65.7 per cent), Vijay Shekhar Sharma of One97 Communications (down 66 per cent), and C K Birla (down 43.4 per cent).
The VHP, in its letter to the state law commission, has not just cited policy's adverse impact on children, it also lists imbalance in communities as 'different communities respond differently to incentives or disincentives related to family planning and contraption'.
Senior bureaucrats Avinash Joshi and Niraj Verma are among the 10 candidates who are in the race to become chairman and managing director of India's largest oil and gas producer, ONGC. Mangalore Refinery and Petrochemicals Ltd (MRPL) director-finance Pomila Jaspal and ONGC director for technology and field services Om Prakash Singh are the other prominent names in fray for the top job, according to a candidate shortlist by the Public Enterprise Selection Board (PESB). PESB - the government headhunter - will hold interviews to select the new head of Oil and Natural Gas Corporation (ONGC) this week. Both the bureaucrats are from the 1994 batch of IAS officers belonging to the Assam-Meghalaya cadre.
The CBI has filed an FIR against Amrapali Leisure Valley Developers Pvt Ltd, its director Anil Sharma and others for allegedly cheating Bank of Maharashtra and Andhra Bank of over Rs 230 crore, officials said on Friday. The banks had sanctioned credit facilities to develop a housing building at the Tech Zone IV in Uttar Pradesh's Greater Noida on a plot measuring 1.06 lakh square metre, the FIR alleged. The company failed to maintain financial discipline following which the account was declared a non-performing asset on March 31, 2017, the complaint from Bank of Maharashtra, now part of the FIR, has alleged, adding that "it has resulted in the loss of over Rs 230.97 crore". Following the FIR, the CBI Thursday conducted searches at four locations in Delhi, Noida and Ghaziabad, they said.
India produced 179 more super-rich people this year led by Adani Group's Gautam Adani who amassed a whopping wealth of Rs 365,700 crore or more than Rs 1,000 crore daily, and the number of such individuals has crossed the 1,000-mark. Geographically, five more cities are home to super-rich taking the total number of super-rich cities to 119 and these 1,007 individuals cumulatively added 51 per cent more wealth in 2021. The average wealth increased by 25 per cent this year that also saw the livelihoods of thousands of people being hit by the coronavirus pandemic.
The Punjab and Haryana high court on Wednesday quashed two separate FIRs registered against former AAP leader Kumar Vishwas and BJP's Tajinder Pal Singh Bagga by the Punjab police over their statements against AAP convenor Arvind Kejriwal.
The additional director general of police (security), however, said in an order on Friday that the security personnel were 'being withdrawn on a purely temporary basis in connection with an emergent law and order duty'.
Vodafone plc has made it clear that it will not make any fresh equity infusion in its Indian telecom business--Vodafone Idea Ltd (VIL). Responding to a query, a spokesperson at the UK-headquartered telco said: "Just to confirm our position, there will be no new equity infusion from Vodafone Group." This is the first time that Vodafone has spoken about its stand after the government announced a telecom package.
The heaviest rocket of the Indian Space Research Organisation -- LVM3-M2/OneWeb India-1 -- blasted off from the Sriharikota spaceport on Sunday to place 36 broadband communication satellites into the Low Earth Orbit (LEO) for a UK-based customer.
Government headhunter PESB on Friday did not find anyone suitable from nine candidates, including two serving IAS officers, to head India's largest oil and gas producer, ONGC. The Public Enterprise Selection Board (PESB) interviewed 9 out of the 10 candidates who had applied for the post of chairman and managing director of Oil and Natural Gas Corporation (ONGC). "Keeping in view the strategic importance and vision for the company and its future, the Board did not recommend any candidate and decided to constitute a Search Committee," PESB said in a notice after interviews. Those interviewed included senior bureaucrats Avinash Joshi and Niraj Verma.
'This four-member committee cannot supersede the four-five member ministerial committees, 25 top-level government bureaucrats, with whom we have had nine rounds of discussions each of which lasted for more than six-seven hours.'
The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing chairman of the country's largest steel maker. The chairman said he also wants to see SAIL paying back at least 50 per cent of its debt in the near future. Chaudhary who had joined SAIL as a junior manager in 1984 would be superannuating from the top post on December 31, 2020 after serving the company for almost 36 years in various roles.
This is a film written for an audience that thrives on Vijay's stardom and it satisfies them thoroughly, observes Divya Nair.
The CBI after registering the FIRs carried out searches on Thursday morning at 14 locations in Jammu, Srinagar, Delhi, Mumbai, Noida in Uttar Pradesh, Trivandrum in Kerala and Darbhanga in Bihar, they said.
From politicians to entrepreneurs and change makers, Akash Ambani's wedding had some illustrious guests.
The spokesperson said that Indian ambassador to Qatar Deepak Mittal had a meeting in the foreign office in which concerns were raised with regard to some offensive tweets by individuals in India denigrating the religious personality.
The Sports Ministry also warned that the recognition may be withdrawn if any of the terms and conditions of the recognitions are violated or its own constitution is violated.
Sebi has imposed a penalty totalling Rs 44 crore on 18 entities, including the National Stock Exchange, its business development officer Ravi Varanasi, former MD and CEO Chitra Ramkrishna and her adviser Subramanian Anand along with certain stock brokers in the 'dark fibre' case.
Walmart CEO Douglas McMillon came first in the CEOWORLD magazine's global ranking of the best chief executives across all industries for 2019.
Mukesh Ambani continues to remain the richest man in India.
India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.
World No 1 Bajrang has recently stamped his authority at the Asian Championship in Xi'an, China by clinching a gold medal in the men's 65kg freestyle event.
Qatar, Iran and Kuwait on Sunday summoned India's Ambassadors and the key Gulf nations expressed their strong protest and condemnation of the controversial remarks of a BJP leader against Prophet Muhammad.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
P Chidambaram and Rajeev Shukla of the Congress, Bharatiya Janata Party's Sumitra Valmiki and Kavita Patidar, former Congress leader Kapil Sibal, Rashtriya Janata Dal's Misa Bharti and Jayant Chaudhary of the Rashtriya Lok Dal were among the 41 winners declared elected unopposed to Rajya Sabha.
The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.
Bharti Airtel CEO Gopal Vittal on Wednesday asserted that a large nation like India needs three private players in the telecom sector, and hoped the government would take measures to offer relief to the industry that is facing "serious financial stress". The comments assume significance in the backdrop of Vodafone Idea's desperate struggle to stay afloat. Aditya Birla Group chairman Kumar Mangalam Birla had in June this year offered to hand over the group's stake in debt-laden Vodafone Idea Ltd (VIL) to the government or any other entity to ensure that the company remains a going concern.
Delhi Chief Minister Arvind Kejriwal, who had skipped office on Monday due to ill health, is recovering well but has been advised strict bed rest for two days, a doctor treating him said on Tuesday.
Gagan Narang, Jitu Rai and young Mehuli Ghosh failed to make the Indian shooting squad for the upcoming Asian Games, even as a few unheralded faces were picked for the quadrennial extravaganza, starting in Indonesia, from August 18.
Civil Aviation minister says that certain regulations restricting the growth in the aviation sector needs to be re-looked to attract investments.
Congress general secretary and chief spokesperson Randeep Surjewala accused the BJP of pushing India into a dark age of religious polarisation to "subserve its parochial political agenda in the short term".
Anupam Mittal, the fund man behind OlaCabs has lined up more investments.
Richest 10 account for 41% of promoter wealth, up from 33% in December 2018, says Krishna Kant.
While Prime Minister Manmohan Singh is trying to protect Law Minister Ashwani Kumar by changing his portfolio, he finds no support from Sonia Gandhi, reports Renu Mittal
Reliance Industries chairman Mukesh Ambani continues to top India's richest list, according to the Hurun India Rich List 2014.
Ambani is also the year's biggest gainer, adding USD 9.3 billion to his wealth amid the continuing success of his Reliance Jio broadband telco service.
Top ten billionaires in India.
Mukehs Ambani, KLakshmi Mittal, Azim Premji features in top ten rich Indians list.
RRBs were formed under an Act to provide credit to small farmers, agricultural labourers and businesses in rural areas.
