News for 'New World Wealth'

'The Lord Saved Me'

'The Lord Saved Me'

Rediff.com13 Jun 2024

'My family members are devotees of Lord Tirumala Venkateswara. I visit the deity before making any major decisions.'

The Beginner's Guide To Investing In Real Estate

The Beginner's Guide To Investing In Real Estate

Rediff.com16 Feb 2024

If you're a beginner eager to embark on wealth-building journey in the real estate sector, Karan Shetty shares this comprehensive guide on how to get started.

Ancelotti unfazed despite Real Madrid disastrous start to La Liga season

Ancelotti unfazed despite Real Madrid disastrous start to La Liga season

Rediff.com31 Aug 2024

Real Madrid manager Carlo Ancelotti said on Saturday he is happy with how new signing Kylian Mbappe is settling into life with the Spanish soccer giants and he has no concerns about his team's slow start to the LaLiga season.

From Manic Friday to Magic Friday: Investor wealth surges

From Manic Friday to Magic Friday: Investor wealth surges

Rediff.com13 Mar 2020

As stocks pared the losses, investor wealth grew by Rs 3,55,590.19 crore, taking the total market capitalisation of BSE-listed companies to Rs 1,29,26,242.82 crore at the end of the session.

Natwar Singh: A man who wore many hats, but always spoke his mind

Natwar Singh: A man who wore many hats, but always spoke his mind

Rediff.com11 Aug 2024

K Natwar Singh wore many hats as he straddled the worlds of diplomacy, politics and writing but what remained consistent across decades was his sharp-wit and plainspeaking.

Mumbai, 14th wealthiest city in the world!

Mumbai, 14th wealthiest city in the world!

Rediff.com21 Oct 2016

India's financial hub boasts of total wealth worth $820 billion

Your salary, last year, was more than Mukesh Ambani's!

Your salary, last year, was more than Mukesh Ambani's!

Rediff.com7 Aug 2024

Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

'Only A Very Rich Man Can Stand For Elections'

'Only A Very Rich Man Can Stand For Elections'

Rediff.com8 May 2024

'All my wealth I earned in the US. It is all money earned transparently. I have paid all taxes.'

Who will win 2018 FIFA World Cup? Here's a prediction... by a wealth manager

Who will win 2018 FIFA World Cup? Here's a prediction... by a wealth manager

Rediff.com17 May 2018

The predictions by the world's biggest wealth manager were based on a statistical model using the results from the previous five tournaments and controlling for factors such as team strength and success in the qualification phase.

1% Indians own 73% of its wealth

1% Indians own 73% of its wealth

Rediff.com22 Jan 2018

The wealth of India's richest 1 per cent increased by over Rs 20.9 lakh crore during 2017.

2023's Must Watch Movies From Around The World

2023's Must Watch Movies From Around The World

Rediff.com26 Dec 2023

2023 was a good year for international cinema with many strong films premiering at the Berlin, Cannes, Venice and Toronto film festivals.

Mukesh Ambani overtakes Gautam Adani to become richest Indian in the world

Mukesh Ambani overtakes Gautam Adani to become richest Indian in the world

Rediff.com1 Feb 2023

Reliance Industries chairman Mukesh Ambani has overtaken Adani Group chairman Gautam Adani to become the richest Indian in the world with a net worth of $84.3 billion, according to Forbes Real-time billionaire list for 2023. Ambani overtook Adani after the Reliance Industries chairman's assets went up 0.19 per cent with an increase of wealth by $64 million while Gautam Adani's assets went down by 4.62 per cent with the industrialist's weath pegged at $84.1 billion according to the real time tracker of Forbes of 5 pm EST on Tuesday. Adani who figured among the top three billionaires in the world has dropped in the ranking to number 10 just below Mukesh Ambani.

Byju's to raise $600 mn, in talks with Abu Dhabi's sovereign wealth funds

Byju's to raise $600 mn, in talks with Abu Dhabi's sovereign wealth funds

Rediff.com24 Oct 2022

Byju's is planning to raise $500-600 million from Abu Dhabi's sovereign wealth funds and existing investors, according to sources, as the start-up world is facing a funding freeze. The educational technology (edtech) giant targets profitability by March next year. "There is no change in Byju's valuation. The new fundraising process is still going on," said a person familiar with the matter. "Any new valuation would be determined in the futureByju's is planning to raise $500-600 million from Abu Dhabi's sovereign wealth funds and existing investors, according to sources, as the start-up world is facing a funding freeze. The educational technology (edtech) giant targets profitability by March next year. "There is no change in Byju's valuation. The new fundraising process is still going on," said a person familiar with the matter. "Any new valuation would be determined in the future as it is very tough for investors to do that in this environment." as it is very tough for investors to do that in this environment."

63 Indian billionaires' wealth more than Budget 2018

63 Indian billionaires' wealth more than Budget 2018

Rediff.com20 Jan 2020

It will take a female domestic worker 22,277 years to earn a top CEO of a tech company makes in one year.

'If You Want To Invest Directly, Ensure...'

'If You Want To Invest Directly, Ensure...'

Rediff.com27 Aug 2024

'...you evaluate three key factors before committing your money.'

'Ratan Made You Feel Special'

'Ratan Made You Feel Special'

Rediff.com11 Oct 2024

'He had a lovely, lovely, sense of humour, very subdued and very, very subtle, but it was very, very, prominent.'

T20 WC: NZ face Afghanistan's spin challenge

T20 WC: NZ face Afghanistan's spin challenge

Rediff.com7 Jun 2024

New Zealand find themselves in the a difficult group with two-time champions West Indies and Afghanistan also vying for the the top two spots.

Rishi Sunak faces queries on wife's taxes, family wealth in 2nd TV debate

Rishi Sunak faces queries on wife's taxes, family wealth in 2nd TV debate

Rediff.com18 Jul 2022

The UK's prime ministerial race frontrunner, Rishi Sunak, spoke of his pride in what his Indian parents-in-law -- Infosys co-founder Narayana Murthy and Sudha Murty -- had achieved, as he fought back over media commentary around wife Akshata's family wealth.

'Farmers are our Annadata'

'Farmers are our Annadata'

Rediff.com15 Aug 2024

This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.

Investors richer by Rs 13.78 lakh cr in exit poll rally

Investors richer by Rs 13.78 lakh cr in exit poll rally

Rediff.com3 Jun 2024

Investors' wealth jumped Rs 13.78 lakh crore on Monday as the benchmark equity index Sensex hit its lifetime high after exit polls predicted a massive win for the BJP-led NDA in the Lok Sabha polls. The 30-share BSE Sensex jumped 2,777.58 points or 3.75 per cent to hit a record peak of 76,738.89 in early trade. The benchmark finally ended at 76,468.78, registering a sharp rally of 2,507.47 points or 3.39 per cent.

Wealth of India's super-rich slips 4.4% to $12.83 trn in 2020 due to rupee fall

Wealth of India's super-rich slips 4.4% to $12.83 trn in 2020 due to rupee fall

Rediff.com22 Jun 2021

In spite of Mukesh Ambani, Gautam Adani, the Poonawallas and many other Indians seeing a jump in their net worth in the pandemic-hit 2020, overall wealth of the country's super-rich dipped 4.4 per cent to $12.83 trillion in the year due to the rupee's fall, and so did their tally, says a report. The number of dollar millionaires in India fell from 7,64,000 in 2019 to 6,98,000 solely because of the rupee's fall, while their cumulative wealth stood at $12.833 trillion, down $594 billion or 4.4 per cent from the previous year, according to the report by Credit Suisse Research Institute. The country is home to just 1 per cent of the global rich, whose number rose by 5.2 million to 56.1 million in the COVID-hit year. However, the report expects the number of millionaires in India to soar 81.8 per cent to 1.3 million by 2025.

T20 WC: WI aims for solid start against PNG; USA open against Canada

T20 WC: WI aims for solid start against PNG; USA open against Canada

Rediff.com1 Jun 2024

More than eight years after Carlos Brathwaite's four sixes at Eden Gardens gave them their second T20 world title, a wounded West Indies will look to redeem themselves at home when they begin their campaign in the event's ninth edition by taking on Papua New Guinea, in Georgetown on Sunday.

India now has 153,000 millionaires; 12th highest in world

India now has 153,000 millionaires; 12th highest in world

Rediff.com24 Jun 2011

The number of dollar-millionaires in India surged to a record high of 1.53 lakh (153,000) in 2010, making the country's high net worth individual (HNI) population 12th largest across the globe, as per a global study.

How easy will it be to create wealth in 2019?

How easy will it be to create wealth in 2019?

Rediff.com24 Apr 2019

Despite being election year, Indian ultra HNIs are more optimistic of the country's growth journey and expect wealth to increase in the year 2019.

Paris Olympics: Sharath Kamal to be flag bearer, Mary Kom is chef de mission

Paris Olympics: Sharath Kamal to be flag bearer, Mary Kom is chef de mission

Rediff.com21 Mar 2024

Six-time World Champion Mary Kom, bronze medallist at the 2012 London Olympics, will be assisted by luger Shiva Keshavan, who has been appointed the deputy chef de mission.

Time To Shut Down Coaching Classes?

Time To Shut Down Coaching Classes?

Rediff.com24 Aug 2024

The coaching-tuition-profiteering model built on the back of a broken education system is a scandal and an abomination, and must go, asserts Shekhar Gupta.

Mukesh Ambani's wealth swells 73% to Rs 6.58 lakh cr

Mukesh Ambani's wealth swells 73% to Rs 6.58 lakh cr

Rediff.com29 Sep 2020

Gautam Adani, who is diversifying into many businesses, saw a 48 per cent rise in his wealth to Rs 1.40 lakh crore and moved up two places in rankings to being the fourth richest Indian. Hinduja Brothers and HCL's Shiv Nadar were ranked 2nd and 3rd. Wipro's Azim Premji slipped two places to fifth place.

Hayden named Pakistan's mentor for T20 World Cup

Hayden named Pakistan's mentor for T20 World Cup

Rediff.com9 Sep 2022

Hayden worked with Pakistan when it reached the semi-finals of last year's 20-overs World Cup in the United Arab Emirates.

How Do We Prepare For LA 2028? We Don't.

How Do We Prepare For LA 2028? We Don't.

Rediff.com15 Aug 2024

You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.

How Ajay Banga Can Change The World Bank

How Ajay Banga Can Change The World Bank

Rediff.com14 Apr 2023

The World Bank must become Archimedes's lever to help change the world into a more prosperous, inclusive, and sustainable planet in the 21st century. The change in leadership now provides that opportunity, observes Ajay Chhibber.

'We Are Frittering Away The Demographic Dividend'

'We Are Frittering Away The Demographic Dividend'

Rediff.com27 Jun 2024

'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'

'The Waqf Bill Is Very Dangerous'

'The Waqf Bill Is Very Dangerous'

Rediff.com9 Aug 2024

'Under this amendment, in any dispute over Waqf properties, the Waqf Board cannot approach the court.' 'This is very surprising because the government instead of protecting Waqf properties they are snatching it away and not allowing them to go to court.' 'The third biggest landowner in India is the Waqf Board after the Indian Army and Indian Railways.'

How To Make A Successful Retirement Plan

How To Make A Successful Retirement Plan

Rediff.com17 Jul 2024

Follow these simple steps if you want to create a solid retirement corpus and retire young, says Anamika Pareek.

India is the 10th wealthiest nation in the world, US leads

India is the 10th wealthiest nation in the world, US leads

Rediff.com29 Oct 2015

India is ranked 10 among the 20 wealthiest countries in the world in terms of private wealth held by individuals.

Parag takes center stage, draws Suryakumar comparisons

Parag takes center stage, draws Suryakumar comparisons

Rediff.com2 Apr 2024

Riyan Parag reminds me of young SKY at MI: Rajasthan Royals assistant coach Shane Bond

How year's most extravagant wedding was made secure

How year's most extravagant wedding was made secure

Rediff.com14 Jul 2024

Three different invitations were sent out for the wedding and the receptions with top-run guests being sent a large red box that contained an intricate chest incorporating a mini silver temple featuring gold idols of various Hindu deities, including Lord Ganesh, Radha-Krishna, and Goddess Durga.

Market mayhem wipes off over Rs 11 lakh crore investor wealth

Market mayhem wipes off over Rs 11 lakh crore investor wealth

Rediff.com12 Mar 2020

On the BSE, 2,243 scrips declined, while 224 advanced and 106 remained unchanged.

The Machine That Saved Tanishq

The Machine That Saved Tanishq

Rediff.com29 Aug 2024

Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.

'Economy Is Not Creating Enough Jobs'

'Economy Is Not Creating Enough Jobs'

Rediff.com27 May 2024

'The policy focus of the government should have been on creating more good quality jobs but that was not their focus.'