The combined market capitalisation of Adani group companies increased to Rs 15.11 trillion last week. As a result, Gautam Adani's family raced ahead of Mukesh Ambani of Reliance Industries, reclaiming the title of India's wealthiest promoter.
Nita, Isha and Shloka Ambani were the real scene stealers.
The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year. The Budget announcements, such as the increase in standard deduction by Rs 25,000 for income-tax payers and slab revisions, will put more money in their hands, boosting consumer demand. Private consumption is also likely to benefit from a new scheme to offer internships to 10 million youths in the country's top 500 companies.
Reliance Industries chairman Mukesh Ambani and his wife Nita Ambani topped a list of power couples dominated by celebrity pairs from Bollywood, according to the annual survey results released by the Indian Institute of Human Brands (IIHB) in Mumbai on Wednesday. Ranveer Singh and Deepika Padukone followed the Ambanis at No 2, and Virat Kohli and Anushka Sharma occupied the third position. Five other couples from the corporate world made it to the list - Infosys founder Narayana Murthy and Sudha Murty at 10th, Adar and Natasha Poonawala (Serum Institute) at 11th, Azim and Yasmeen Premji (Wipro) at 16th, Anand and Anuradha Mahindra (Mahindra Group) at 19th, and Kumar Mangalam and Neerja Birla (Aditya Birla Group) at 20th position.
Hemant V Shivsaran/Rediff.com does a deep dive and lists the winners with the highest and lowest margins in the recent Lok Sabha elections.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
'SRK couldn't have been nicer, empathetic, more sharing and interactive. It really was a wonderful moment.'
Despite their business rivalry, Gautam Adani did attend the big pre-wedding event in Jamnagar hosted by Mukesh Ambani over the weekend.
Reliance Industries, headed by India's richest man Mukesh Ambani, has bought an ultra-luxury Rolls Royce hatchback costing Rs 13.14 crore.
Bollywood is full of interesting stories and anecdotes. We bring you some fun facts!
Singh asserted that Deshmukh set a staggering collection target of Rs 100 crore for his officers, specifically from Mumbai, while also discussing plans to target key opposition figures, including former Chief Minister Devendra Fadnavis of the Bharatiya Janata Party.
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EVMs were damaged on May 13 in seven polling stations in Macherla constituency, including in polling station number 202 where local MLA P Ramakrishna Reddy allegedly damaged an EVM.
Power couples and STARS at a wedding reception.
He said the "switch" to the Sharad Pawar-led outfit has started in the form of ex-corporators, referring to the resignation of Ajit Pawar-led NCP's Pimpri-Chinchwad unit chief Ajit Gavhane and two former corporators.
'I am ready to go an extra mile if I have to. My pain or personal problems don't matter.'
The Uttar Pradesh police on Thursday said they have arrested six sevadars (volunteers), including two women, of the organising committee in connection with the Hathras stampede that killed 121 people.
Fan-favourite and team skipper MS Dhoni's arrival is yet to be confirmed.
Villagers suggested that heavy rainfall over the preceding days may have contributed to the collapse, with a surge in Gandaki river potentially weakening the bridge's structure.
Oil-to-telecom conglomerate Reliance Industries (RIL) has emerged as the country's largest wealth creator, adding a staggering Rs 9.6 trillion over the past five years, according to Motilal Oswal's 26th Annual Wealth Creation Study. In doing so, the Mukesh Ambani-led company has beaten its own record of Rs 5.6 trillion generated in 2014-19. The study covered financial year 2015-16 (FY16) to FY21 and ranks the top 100 companies in descending order of absolute wealth created, subject to the company's stock price outperforming the BSE Sensex. The firms were also ranked according to speed (price CAGR during the period).
The spring/summer end-of-season sales have been advanced by a week with brands having high inventories due to weak demand in May because consumers avoided shopping in the hot month.
'In the audience's mind there is no urgency to go see a film in the theatre.' 'If you pay for social media buzz it does not convert into bums on seats.'
India's premier pace bowler and vice-captain Jasprit Bumrah was rested for the fourth Test match against England.
Pant returned to competitive cricket in this IPL after recovering from a life-threatening road mishap in December 2022, and this was his first fifty in three games this season.
'These are capex and infrastructure-linked sectors, PSUs or stocks of some corporate houses.'
Delhi Capitals outclass champions Chennai Super Kings by 20 runs for their first victory in IPL 2024.
In an LBD livened up with silver, Radhika Merchant made an elegant appearance.
Abhishek Porel and Tristan Stubbs struck half-centuries for Delhi Capitals in their final league game of the season.
Paytm operator One97 Communications Ltd on Wednesday said it is not in talks to sell a stake to the Adani Group. Adani group has also termed such reports as "false and untrue." Commenting on a report that billionaire Gautam Adani was in talks with Paytm CEO Vijay Shekhar Sharma for a possible stake buy, One97 Communications said, the "news item is speculative and the company is not engaged in any discussions in this regard."
Rescue operations were underway on Friday to trace over 45 people missing following flash floods triggered by cloudbursts in three districts of Himachal Pradesh, officials said on Friday.
Legendary radio personality Ameen Sayani passed into the ages on February 20. His mortal remains were kept at Mumbai's Famous Studio, where admirers arrived to say their final goodbyes.
Images from the IPL match between Royal Challengers Bengaluru and Delhi Capitals at the M.Chinnaswamy Stadium, in Bengaluru, on Sunday.
India is likely to become a $40 trillion economy by 2047 -- a 13-fold jump from its current size -- driven primarily by a clean energy revolution and digitalisation, billionaire Mukesh Ambani said on Tuesday. Ambani's estimate for the Indian economy, currently the fifth largest in the world behind only the US, China, Japan and Germany, is more optimistic than Asia's richest man Gautam Adani, who last week stated that India will become a $30 trillion economy by 2050 on back of rising consumption and socio-economic reforms. "From a 3 trillion-dollar economy, India will grow to become a 40 trillion-dollar economy by 2047, ranking among the top three economies of the world," Ambani said at the 10th convocation of Pandit Deendayal Energy University in Gandhinagar.
The accident occurred at 3.45 AM near Barabamboo, around 80 km from Jamshedpur, under the Chakradharpur Division of the South Eastern Railway (SER), they said.
Investment by US PE firm KKR will add fire to Ambani's battle for dominance in the retail market that is also being eyed by Jeff Bezos' Amazon and Walmart's Flipkart.
Bengal pacer Mukesh Kumar has set his sights on a long stint with the Indian team.
According to the spokesperson, Singh has filed a police complaint and the FIR has been lodged for further investigation by the cyber crime cell.
"The turnout in the four Lok Sabha seats was low as compared to the 2019 polls but on the basis of feedback received from these constituencies, we are confident of winning these. People are fed up with false promises made by BJP leaders," he said.
The Capitals have been inconsistent so far, winning five and losing six of their last 11 games.