Wang ranked second on the list this year, with a fortune of 145 billion yuan.
Shares in English soccer giant Manchester United wavered in volatile trading on the Frankfurt Stock Exchange on Monday, following media reports that the club was set to replace its manager with former Chelsea boss Jose Mourinho.
He topped the list with a personal fortune of $4 billion.
Hexaware Technologies Ltd announced on Wednesday a new location for its asset management and capital markets practice at Manhattan, New York.
It is also going for 9.5 per cent stake sale.
In the city to lead India's 70th Independence Day celebrations, M J Akbar called terrorism a major threat to human rights.
The five per cent stake acquisition would be subject to statutory approvals and respective board approvals, the company added. Earlier, Deccan Chronicle was reported to be in the lookout for selling 5 to 8 per cent in Sieger Solutions, the owner of the Deccan Chargers IPL team to a strategic investor.
In 2010, Kraft Foods had acquired British candy maker Cadbury in a deal worth close to $19 billion.
Colgate-Palmolive, New York has sold off 10.94 per cent stake in its Indian subsidiary to its Singapore-based unit Colgate Palmolive (Asia) Pte Ltd.
India's business process outsourcing major EXL Service has cut down the size of its proposed initial public offer on the Nasdaq Stock Exchange by 20 per cent
He said the government has already begun implementing tax reforms.
'Hackers from China and UK were involved in the October 12 power outage,' Maharashtra power minister tells Rediff.com.
In My Name Is Khan, directed by Johar, SRK plays Rizwan Khan, a man with a form of autism that makes him a much misunderstood person. The 9/11 events indirectly affect millions of people across the globe, and Rizwan is one of them.
Here's a first look of the grand event.
Nike has been present in India since 1996.
Adani Group is expected to report a 20 per cent rise in its earnings before interest, tax, depreciation, and amortisation (Ebitda) at Rs 61,200 crore for the year that ended in March 2023 (2022-23, or FY23), according to a note submitted by the group to lenders recently. The group had earned Ebitda of Rs 57,299 crore in the preceding financial year that ended in March 2022 (2021-22). The group's gross debt was Rs 2.27 trillion as of March 31, 2023, and has projected to not take on additional debt until it lowers its existing one.
United said it would rebook flights for affected passengers without charge
Forex dealers attributed the fall to increased demand for the dollar.
He now owns textile and auto parts plants worldwide
UTV Software Communications Ltd and its animation division, UTV Toonz, has entered into an animation deal worth $10 million with New York-based BKN New Media Inc.
Twitter Inc named Anthony Noto as CFO, putting the well-regarded former Goldman Sachs executive who led its successful November IPO in charge of finances.
The branch is likely to be inaugurated on Saturday by Prime Minister Narendra Modi, who is on a three-day visit to China
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
The Dow has never lost more than 800 points in a day.
John Bogle figured that cheap mutual funds, which just mirrored indices with little tracking error, would be a useful vehicle for wealth creation, recalls Devangshu Datta.
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
Attracted by what he calls a highly lucrative market for long-term investors, an Indian American has launched a private investment partnership to trade stocks of small- and medium-sized Indian companies that offer abundant investment opportunities.
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
A French court recently sentenced Mohammad Niaz Abdul Rasheed, an Indian national, to eight years in prison for criminal conspiracy.
Along with India's Consul General Dnyaneshwar Mulay.
Adani Ports and Special Economic Zone (APSEZ) on Monday started the first debt buyback programme since billionaire Gautam Adani's conglomerate was targeted by a US short-seller in January. APSEZ floated a tender to buy back as much as $130 million of its July 2024 bonds and similar amounts in each of the next four quarters, it said in an exchange filing, as it looks to regain investor confidence by showing that its liquidity position is comfortable. Shares of Adani group companies pummelled after Hindenburg Research in a January 24 report accused it of accounting fraud and improper use of offshore tax havens for stock manipulation.
News of all that's transpired on and off the football field
Manchester United expect profits to fall back from last season's record levels after the club splashed out on new players to try to regain its place in Europe's soccer elite.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
US fast-food giant McDonald's Corp has ended its 41-year-long Olympic Games sponsorship deal three years early, the International Olympic Committee said on Friday.
Infosys will pay California $800,000 to resolve allegations that, between 2006 and 2017, approximately 500 Infosys employees were working in the state on Infosys-sponsored B-1 visas rather than H-1B visas, California Attorney General Xavier Becerra said. In 2017, Infosys had agreed to pay the State of New York $1 million to settle allegations of submitting wrong documents to federal authorities.
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
'India's edtech and start-up story will be in danger.'
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