Others in the top 10 include Uday Kotak at the 6th place with a wealth of Rs 94,100 crore, Cyrus S Poonawalla at 7th position with Rs 88,800 crore assets, Cyrus Pallonji Mistry at 8th spot with a wealth of Rs 76,800 crore, Shapoor Pallonji at 9th position with a net worth of Rs 76,800 crore and Dilip Shanghvi at 10th slot with Rs 71,500-crore wealth.
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
The SJB has begun to collect signatures from MPs for the no-confidence motion, according to media reports.
Over 200 world leaders, including former presidents, prime ministers and ministers have backed a campaign urging the Group of Seven (G7) rich nations to help vaccinate the world's poorest from low-income economies against COVID-19 by paying two-thirds of an estimated $66 billion required.
Facing an embarrassing recall petition, Indian-American Governor of Louisiana Bobby Jindal has vetoed a bill that would have more than doubled the salaries of legislators, correcting his earlier 'mistake'.
It is important to understand the resources that each boarding school offers.
At a time when new car sales are witnessing record decline in India, pre-owned vehicles are likely to witness 10 per cent growth in sales to touch 4.4 million units in 2019 with millennials emerging as major buyers, according to a report by consumer-to-consumer marketplace OLX.
India had delivered its best ever Asian Championship performance in the 2019 edition in Thailand, claiming 13 medals, including two gold, four silver and seven bronze.
Social networking site Facebook is likely to file an IPO by the first quarter of 2012, with a valuation of over USD 100 billion, a media report said. Facebook is likely to go public by next spring, CNBC quoted people familiar with the matter as saying.
In efforts to move towards a cashless society, the Reserve Bank on Wednesday said it will come out with a concept paper on promoting electronic payments, especially in smaller towns, by November-end.
The 14-year-old correctly spelled 'koinonia' to win the title.
Cairn has already taken steps to have the arbitration award recognised in nine major jurisdictions such as the US, UK, France, the Netherlands, Singapore and Canada's Quebec province, where Indian sovereign assets have been identified. It hasn't said what it might go after but assets could include Air India's planes, vessels belonging to the Shipping Corporation of India and property owned by state banks.
Silver coins, however, continued to trade in a narrow range.
On a week long visit to push sales of the upcoming Trump Towers in the country, he said the "spirit" of doing business in India is much more aligned with the US way of doing business.
The Indian economy is rapidly normalising towards pre-pandemic activity levels, even as uncertainty exists about coronavirus mutations and repeated infection waves, industrialist Kumar Mangalam Birla said on Wednesday. Vaccination is picking up pace, which would improve India's resilience against a potential third wave, the chairman of Aditya Birla Group said while virtually addressing shareholders at the AGM of group firm UltraTech Cement Ltd. Moreover, various steps taken by the RBI and the government have helped in containing the economic disruptions of the pandemic, Birla added.
Dr Reddy's was the top gainer in the Sensex pack, rising over 3 per cent, followed by PowerGrid, TCS, HCL Tech, Infosys and Reliance Industries. On the other hand, L&T, IndusInd Bank, Bajaj Finserv and Bharti Airtel were among the laggards.
The Indian team, comprising Olympic hopefuls PV Sindhu, Saina Nehwal and B Sai Praneeth, have been allotted training timings. The players also had their first gym session in the afternoon.
Rwanda's Diudone Disi and Ethiopian Deriba Alemu won the men's and women's titles respectively at the new Delhi Half Marathon.
"Ambassador Mittal raised India's concern that Afghanistan's soil should not be used for anti-Indian activities and terrorism in any manner," it added.
At a time when crude oil and natural gas prices are sky-high, public sector behemoth ONGC's haphazard planning and mismanagement in developing showpiece deep-sea KG-D5 block is costing the nation over Rs 18,000 crores due to the delayed output of oil and gas, government officials said. ONGC was originally to start gas production from the Cluster-II fields in block KG-DWN-98/2 (KG-D5) in June 2019 and the first oil was to flow in March 2020. But these targets were quietly shifted to end-2021 because of deferments in awarding the fragmented work packages of the project, two officials with direct knowledge of the matter said on condition of anonymity.
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
The new hires will work in cutting-edge domains of artificial intelligence, machine learning, IoT, natural language processing, camera technology and 5G networks.
"The Corporation has decided to offer a voluntary retirement scheme, with a view to enable employees who are not in a position to continue in service of the Corporation due to various personal reasons, to request for grant of voluntary retirement from the services of the Corporation," Bharat Petroleum Corp Ltd (BPCL) said in an internal notice to its employees.
Gold extended its slump for the second day and shed another ₹ 350 to hit a six-month low of ₹ 29,000 per 10 grams in the bullion market.
Show me the moolah! Pakistan's former military ruler Pervez Musharraf's party has come out with a rate card for those wanting to join his entourage for his planned homecoming from self-exile -- just USD 2,500 or about Rs 2,50,000.
The International Cricket Council said that certain comments and actions by some of the West Indies players after clinching the World T20 were "inappropriate, disrespectful and brought the event into disrepute". After clinching the World T20 on April 4 following a thrilling last-over win over England in the finals, West Indies skipper Darren Sammy had launched a scathing attack on West Indies Cricket Board (WICB) in an emotional speech at the Eden Gardens in Kolkata. The ICC, which held its second meeting this year at the ICC Headquarters in Dubai on Sunday, said: "The Board considered the behaviour of some of the West Indies players in the immediate aftermath of the final, and unanimously agreed that certain comments and actions were inappropriate, disrespectful and brought the event into disrepute. "The Board acknowledged an apology by the WICB but was disappointed to note that such behaviour had detracted from the success of what was otherwise a magnificent tournament and final," it added.
Sourabh recovered from a mid-game slump to beat Sun 21-12, 17-21, 21-14 in the summit clash
"Over the next six months, I hope to sign another Rs 50,000-60,000 crore worth of contracts, taking the total to Rs 3 trillion," the minister told reporters on the sidelines of an industry exhibition on technology and material sciences in Navi Mumbai, Maharashtra.
Sindhu, who had finished runners-up at the last edition in Dubai, will have a tough task at hand as she has been clubbed with defending champion Akane Yamaguchi of Japan, World No 1 Tai Tzu Ying of Chinese Taipei and USAs' Beiwen Zhang in Group A.
Gold drops Rs 110 on macro factors.
Prime Minister Narendra Modi arrived in Seoul on Monday on the last leg of his three-nation visit during which he will hold talks with the South Korean leadership aiming to give a fillip to economic and trade cooperation.
The board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.
Chinese President Xi Jinping arrived in Ahmedabad on Wednesday to a grand welcome. He is India on a three-day visit which will focus on significantly ramping up trade and investment, besides addressing the contentious border issue that has seen occasional flare ups between the two Asian giants.
The number of millionaires in China crossed a million mark for the first in the Communist nation, putting it in the elite club of the wealthy nations like US and Japan.
The accused -- Lemos, his wife Valany and Ryan D'Souza -- were convicted on Sunday by the Dubai Misdemeanours Court in the 515 cases filed against them
It is estimated that the luxury market in India is around USD 5.8 billion (nearly Rs 28,500 crore), is spreading beyond the metros as adoption of global trends is fast catching up in smaller cities, as well.
Traders said sustained selling by stockists against sluggish demand and weakening global trend mainly kept pressure on precious metals.
With this increase, diesel prices have touched a record high while petrol is at a 56-month peak.
The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.
Snapdeal to acquire GoJavas for Rs 200 cr, say sources.
