News for 'New World Wealth'

'Nervous' Mary Kom targets another gold medal at Worlds

'Nervous' Mary Kom targets another gold medal at Worlds

Rediff.com28 Sep 2019

M C Mary Kom says she is a shade "nervous" heading into her ninth appearance at the showpiece, not because of the competition that awaits her but the overwhelming expectations at home.

A worker would take 10,000 years to earn what Mukesh Ambani made in an hour during the pandemic

A worker would take 10,000 years to earn what Mukesh Ambani made in an hour during the pandemic

Rediff.com5 Mar 2021

'The top 11 billionaires in India added so much to their wealth during the pandemic that it would have sustained MNREGA for 10 years or the ministry of health for 10 years.'

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

Rediff.com29 Sep 2023

Mining magnate Anil Agarwal's conglomerate on Friday announced a major business shake-up, with flagship Vedanta Ltd approving a spin-off of its metals, power, aluminium and oil and gas businesses into separate listed entities and an overhaul of lucrative zinc unit planned as part of value creation and reducing debt load. Vedanta will issue one share of the five demerged businesses for every share held in the company, the firm said in a statement. The entire exercise, which would require shareholder and lender approval as well as a nod from the stock exchanges and courts, is expected to be completed in 12-15 months, its president for finance Ajay Agarwal said.

Should Rohit be replaced as India's T20I captain?

Should Rohit be replaced as India's T20I captain?

Rediff.com17 Nov 2022

India need to appoint a new Twenty20 captain and follow England's template to revive their fortunes in that format, former head coach Ravi Shastri said.

Data breach could cost world's top brands up to $223 billion

Data breach could cost world's top brands up to $223 billion

Rediff.com10 Mar 2021

The world's top brands across sectors might lose between $93 billion and $223 billion because of a data breach, a first-of-its-kind study by Interbrand and Infosys, called 'Invisible Tech, Real Impact', has found. This represents 4-9.6 per cent of their cumulative value. The study gains significance in the backdrop of yet another massive hack, this time of Microsoft's email software, which is estimated to have affected at least 60,000 known victims globally, according to Bloomberg. The study found that there is a long-term impact of data breaches on brands across sectors.

India's economic slump an aberration: World Bank

India's economic slump an aberration: World Bank

Rediff.com5 Oct 2017

Responding to questions, the World Bank president insisted that this slowdown is temporary.

Huge sell-off wipes out Rs 7.9 lakh cr from investor wealth in Jan

Huge sell-off wipes out Rs 7.9 lakh cr from investor wealth in Jan

Rediff.com26 Jan 2016

The BSE 30-share Sensex has plummeted by 1,631.59 points or 6.24% to 24,485.95 so far this month

What Are The Aims Of India's Indo-Pacific Policy?

What Are The Aims Of India's Indo-Pacific Policy?

Rediff.com26 Jun 2023

India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.

India has 61,000 millionaires: study

India has 61,000 millionaires: study

Rediff.com15 Jun 2004

India has 61,000 millionaires, while the United States has a whopping 2.27 million, according to a study.

Health is exclusive wealth

Health is exclusive wealth

Rediff.com19 Mar 2009

To be fair, the problem of inadequate healthcare does not lie with these hospitals themselves but in the manner in which they have been allowed to function by the government.

India's Billionaire Club Shrinks....

India's Billionaire Club Shrinks....

Rediff.com5 Jan 2023

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).

Mukesh Ambani 18th richest man in the world

Mukesh Ambani 18th richest man in the world

Rediff.com3 Jan 2013

Indian business magnate Mukesh Ambani is the 18th richest person in the world with a personal wealth of $24.7 billion in 2012, according to the Bloomberg Billionaires Index, a daily ranking of the world's 100 wealthiest individuals.

Ola rewards employees with Rs 400-cr stocks

Ola rewards employees with Rs 400-cr stocks

Rediff.com29 Jul 2021

SoftBank-backed mobility firm Ola, announced expansion of its employee stock options (ESOP) pool to Rs 3000 crore. Ola is also allocating an additional Rs 400 crore worth of stocks to employees in the run up to its IPO. The allocation rewards Ola's high impact employees and will lead to long term wealth creation for them.

25 economies having highest debt in the world

25 economies having highest debt in the world

Rediff.com12 Sep 2013

Let's take a look at economies that have some of the highest debts in the world.

Back from exile, Hales aces redemption song

Back from exile, Hales aces redemption song

Rediff.com10 Nov 2022

Hales's inclusion was seen as a risk by some pundits and his patchy lead-up form spilled into the early matches at the tournament with 19 against Afghanistan and seven versus Ireland.

Carlos Slim is world's richest man

Carlos Slim is world's richest man

Rediff.com4 Jul 2007

The Mexican telecom tycoon is worth an estimated $67.84 billion.

Biggest tax havens in the world

Biggest tax havens in the world

Rediff.com13 Mar 2012

There has been a lot of talk about tax evaders stashing their wealth in tax havens around the world.

India to become world's largest economy by 2050

India to become world's largest economy by 2050

Rediff.com29 Mar 2012

Surpassing China, India will become the world's largest economy by 2050, says a report.

Recipe: Delicious Creamy Pumpkin Soup

Recipe: Delicious Creamy Pumpkin Soup

Rediff.com24 Aug 2023

The lowly kadu is promoted to an awesome pumpkin soup.

Adani Crisis: No Harm To National Interest

Adani Crisis: No Harm To National Interest

Rediff.com22 Feb 2023

Those who worry that the Adani saga will turn the world off India are not looking at the entire picture, asserts Mihir S Sharma.

Adani speaks: Interest of my investors is paramount

Adani speaks: Interest of my investors is paramount

Rediff.com2 Feb 2023

Embattled billionaire Gautam Adani on Thursday spoke publicly for the first time since his ports-to-energy conglomerate publicly battled a short seller's accusation of stock manipulation and accounting fraud, saying the abrupt move to withdraw a fully-subscribed share sale at his flagship firm was due to market volatility. His group continued to lose on the stock market, with the cumulative rout now nearing $108 billion in a week -- one of the biggest wipeouts in India's history. "After a fully subscribed follow-on public offering (of Adani Enterprises Ltd), yesterday's decision of its withdrawal would have surprised many.

One Indian among the world's richest women

One Indian among the world's richest women

Rediff.com18 Jul 2012

According to the Forbes the world's richest women (two women tied at 20th place) have a combined total net worth of $248.6 billion, or an average of $11.84 billion each. That's a slight jump up from last year's 20 richest, whose average net worth was $11.6 billion.

One Indian among the world's richest women

One Indian among the world's richest women

Rediff.com18 Jul 2012

According to the Forbes the world's richest women (two women tied at 20th place) have a combined total net worth of $248.6 billion, or an average of $11.84 billion each. That's a slight jump up from last year's 20 richest, whose average net worth was $11.6 billion.

The world's youngest billionaires

The world's youngest billionaires

Rediff.com19 Jun 2007

These folks are insanely rich at a relatively young age.

Isha, Akash, Anant Ambani appointed to Reliance board

Isha, Akash, Anant Ambani appointed to Reliance board

Rediff.com28 Aug 2023

Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.

World's 11 most expensive homes

World's 11 most expensive homes

Rediff.com25 Aug 2010

Herein, we present facts about 10 most expensive houses of the world.

Insurers find wealth in health

Insurers find wealth in health

Rediff.com20 Aug 2015

Insurance companies are going all out to grab eyeballs.

'Be an entrepreneur in college itself'

'Be an entrepreneur in college itself'

Rediff.com1 Aug 2022

'Even if you fail as an entrepreneur, you can start another business or get a job.'

World's rich expect to get richer in 2010

World's rich expect to get richer in 2010

Rediff.com23 Sep 2009

Participants from Indian sub-continent expect their average wealth to grow to $9.07 million in 2010.

Reinventing Capitalism For The Digital Age

Reinventing Capitalism For The Digital Age

Rediff.com16 Jun 2023

US Congressman Ro Khanna's message is that instead of depending on the 'hidden hand' of capitalism -- that is to say, the power of markets -- it is time for policymakers to play a more active role in making sure that a wide range of towns become locations for digital economy enterprises and jobs, points out Ajit Balakrishnan.

Most family businesses find it tough to get funds: Report

Most family businesses find it tough to get funds: Report

Rediff.com11 Sep 2014

Meanwhile, family businesses in India still see banks as their chief source of funding as nine out of 10 respondents were upbeat about bank financing.

Team spirit can carry Belgium to World Cup final - Martinez

Team spirit can carry Belgium to World Cup final - Martinez

Rediff.com9 Jul 2018

Martinez's team face the 1998 World Cup winners in St Petersburg on Tuesday for a place in the final

25 banks that target only richest families in the world

25 banks that target only richest families in the world

Rediff.com30 Sep 2013

Let's take a look at some banks that manage the wealth of richest families.

Egypt's strategic partnership for India, highest award for Modi

Egypt's strategic partnership for India, highest award for Modi

Rediff.com25 Jun 2023

El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.

Indian crypto exchanges stay put in business after 'a year to forget'

Indian crypto exchanges stay put in business after 'a year to forget'

Rediff.com29 Dec 2022

The price of bitcoin, the bestselling cryptocurrency, has shrunk nearly three times this year to mark the fate of such digital assets. Crashing prices, regulatory uncertainty and taxes have put Indian crypto exchanges in troubled waters. Finance Minister Nirmala Sitharaman's budget for FY23 announced a 30 per cent tax on any income from the transfer of virtual digital assets.

Structures of India's democracy under 'brutal attack': Rahul

Structures of India's democracy under 'brutal attack': Rahul

Rediff.com5 Mar 2023

Stepping up his attack on the Bharatiya Janata Party government, Congress leader Rahul Gandhi has alleged that the structures of Indian democracy are under 'brutal attack' and there is a full-scale assault on the institutions of the country.

How Lehman's fall changed the world

How Lehman's fall changed the world

Rediff.com15 Sep 2009

The recession triggered unemployment, which rose to all-time highs in the US and around the world. Markets felt the ripples of the meltdown wiping off trillions of dollars of investor wealth.

Cities that matter most to world's wealthiest

Cities that matter most to world's wealthiest

Rediff.com13 Mar 2013

Let's take a look at cities that are favourite of world's wealthiest.

Ultra rich pick world's top business hubs

Ultra rich pick world's top business hubs

Rediff.com13 Apr 2011

Rich and powerful see New York and London as the leading business hubs over the next 10 years, but emerging nation centres are catching up.

Modi gives success mantra to India's CWG contingent

Modi gives success mantra to India's CWG contingent

Rediff.com20 Jul 2022

A contingent of 215 athletes will represent India in 141 events across 19 sporting disciplines.