News for 'billionaire'

Mahayuti Win Will Boost Adani's Dharavi Plan

Mahayuti Win Will Boost Adani's Dharavi Plan

Rediff.com23 Nov 2024

The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.

'A simple guy despite being a billionaire'

'A simple guy despite being a billionaire'

Rediff.com5 Sep 2022

'He was the most thoughtful corporate person I encountered.'

Winter Session: Opposition presses for debate on Adani

Winter Session: Opposition presses for debate on Adani

Rediff.com24 Nov 2024

The opposition on Sunday asked the Centre to allow discussions in the Parliament on the United States prosecutors' bribery charges against the Adani Group even as Union minister Kiren Rijiju made it clear that the matters to be taken up in the two Houses will be decided by their authorised committees with the consent of the respective Chair.

Meet India's Latest Billionaire

Meet India's Latest Billionaire

Rediff.com15 Apr 2022

'It has taken us 15 years to get to where we are. It obviously doesn't happen overnight.'

'Arrogance': Cong slams govt over TN bizman's 'apology' to FM

'Arrogance': Cong slams govt over TN bizman's 'apology' to FM

Rediff.com13 Sep 2024

Annapoorna chain of restaurants owner Srinivasan is seen purportedly highlighting concerns over varying GST rates. In the second video, Srinivasan was seen purportedly apologising in person to the Finance Minister.

Adani-Hindenburg row: Swiss authorities freeze $310 mn in fund

Adani-Hindenburg row: Swiss authorities freeze $310 mn in fund

Rediff.com13 Sep 2024

Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of money laundering allegations into Adani Group, US-based short seller Hindenburg Research claimed citing media report - a charge that the conglomerate vehemently denied. In a post on X, Hindenburg cited "newly released Swiss criminal records reported by Swiss media outlet" to state that "Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of a money laundering and securities forgery investigation into Adani, dating back as early as 2021."

Only BJP leaders, their 'billionaire friends' safe in India: Priyanka

Only BJP leaders, their 'billionaire friends' safe in India: Priyanka

Rediff.com10 Oct 2021

People may belong to any caste and religion, they are not safe, the Congress leader alleged.

Ratan Tata: A Corporate Titan Like None Other

Ratan Tata: A Corporate Titan Like None Other

Rediff.com10 Oct 2024

Ratan Tata was one of the world's most influential industrialists yet he never appeared on any list of billionaires. He controlled over 30 companies that operated in over 100 countries across six continents yet lived an unpretentious life. Ratan Naval Tata, who died at a Mumbai hospital on Wednesday night at the age of 86 years, enjoyed a perhaps unique status -- a corporate titan who was considered a 'secular living saint' with a reputation for decency and integrity.

Can Decathlon challenge Reliance in India?

Can Decathlon challenge Reliance in India?

Rediff.com21 Aug 2024

Decathlon is expecting to double its business in the country in the next three to five years, Decathlon India CEO Sankar Chatterjee said, according to local media reports.

Under Trump India-US Space Sector May Soar

Under Trump India-US Space Sector May Soar

Rediff.com22 Nov 2024

'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'

Ratan Tata Passes Away At 86

Ratan Tata Passes Away At 86

Rediff.com10 Oct 2024

For the past few days, Tata had been admitted to the Breach Candy Hospital in south Mumbai.

Paytm, Adani Group deny stake sale talks

Paytm, Adani Group deny stake sale talks

Rediff.com29 May 2024

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."

Spectrum auction ends with bids worth Rs 11,000 crore

Spectrum auction ends with bids worth Rs 11,000 crore

Rediff.com26 Jun 2024

Spectrum auction for mobile radiowaves services worth Rs 96,000 crore ended with bids worth about Rs 11,000 crore, according to sources. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.

Stock rally puts Gautam Adani back in world's 20 richest billionaires list

Stock rally puts Gautam Adani back in world's 20 richest billionaires list

Rediff.com30 Nov 2023

Led by a $6.5 billion surge in personal net worth on Tuesday, Gautam Adani, chairman of the Adani Group, is back in the top 20 of the world's richest list and is now ranked 19th globally. Adani is also now India's second richest with a net worth of $66.7 billion as of Tuesday, per the Bloomberg Rich List, while Mukesh Ambani, chair of Reliance Industries, is ranked number one in India and number 13 in the world with a net worth of $89.5 billion.

India's biggest oil, gas bid round gets 4 bidders

India's biggest oil, gas bid round gets 4 bidders

Rediff.com23 Sep 2024

India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.

Telegram founder Durov barred from leaving France

Telegram founder Durov barred from leaving France

Rediff.com29 Aug 2024

Pavel Durov, the founder and CEO of Telegram, is under formal investigation related to illicit activities on the messaging app.

Billionaire horoscopes

Billionaire horoscopes

Rediff.com10 Apr 2006

India has world's 3rd highest number of billionaires; Mukesh Ambani back as Asia's richest

India has world's 3rd highest number of billionaires; Mukesh Ambani back as Asia's richest

Rediff.com7 Apr 2021

India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.

Kylie Jenner is the youngest-ever billionaire

Kylie Jenner is the youngest-ever billionaire

Rediff.com6 Mar 2019

At 21, Kylie Jenner became the youngest billionaire thanks to her make up empire.

Obama's billionaires

Obama's billionaires

Rediff.com20 Jan 2009

Ever since he ran for the Senate in 2004, Barack Obama has had a wealth of 10-figure tycoons advising--and funding--him.

Billionaire predictions

Billionaire predictions

Rediff.com24 Mar 2009

The richest people in the world sound off on the economy, taxes and greed.

After KCM revival, Vedanta seeks greener pastures in India, abroad

After KCM revival, Vedanta seeks greener pastures in India, abroad

Rediff.com27 Aug 2024

UK-based Vedanta Resources is looking to start copper production at its Konkola copper mines (KCM) in Zambia and is eyeing to serve global and Indian markets, according to company executives. Promoted by billionaire Anil Agarwal, the miner in November 2023 regained control of the copper mines and smelter, which the Zambian administration had seized in 2019, but needed to pay creditors of the mines to revive operations. The conglomerate was locked in a legal battle over the ownership of the KCM mines prior to a September 2023 Zambia government decision to reinstate the group as owners of the mines.

Adani Praises Manmohan, Modi...

Adani Praises Manmohan, Modi...

Rediff.com20 Jun 2024

'If the period between 1991 and 2014 was about laying the foundations and building the runway, the period from 2014 to 2024 has been about the aircraft taking off.'

Adani Energy raises $1 bn in share sale, first since Hindenburg

Adani Energy raises $1 bn in share sale, first since Hindenburg

Rediff.com30 Jul 2024

Billionaire Gautam Adani-led group's power transmission unit has raised $1 billion through a share sale, the first public equity raise by the conglomerate since a damning Hindenburg report, which wiped away billions in shareholder value. Adani Energy Solutions Ltd raised the funds through a qualified institutional placement (QIP) issue, sources with direct knowledge of the matter said. The QIP, which opened on Tuesday, was oversubscribed three times with demand of about Rs 26,000 crore - making it the largest transaction in India's energy space.

Is Gambhir The Coach Team India Needs?

Is Gambhir The Coach Team India Needs?

Rediff.com23 Jul 2024

Like the billionaire investor Rakesh Jhunjhunwala, Gautam Gambhir, the tenacious former opener-turned-coach, also seems to be governed by instincts while picking unheralded players and turning them into match-winners, points out Vishal Menon.

Wealth of 5 richest men doubled since 2020: Oxfam

Wealth of 5 richest men doubled since 2020: Oxfam

Rediff.com15 Jan 2024

Fortunes of five richest men have more than doubled since 2020 and the world could have its first-ever trillionaire in just a decade while it would take more than two centuries to end poverty, rights group Oxfam said on Monday.

Countries with most billionaires

Countries with most billionaires

Rediff.com20 Feb 2012

Number of billionaires is increasing all across the world.

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.

British billionaire Ratcliffe 'not interested' in Chelsea

British billionaire Ratcliffe 'not interested' in Chelsea

Rediff.com3 Mar 2022

On Wednesday, Swiss business tycoon Hansjoerg Wyss said he was one of three people who had been approached by Abramovich to buy the club.

India's largest media empire is all set to be born!

India's largest media empire is all set to be born!

Rediff.com28 Aug 2024

Competition Commission of India on Wednesday said it has approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire. The deal, announced six months ago, has been cleared by the CCI with certain modifications proposed by the two parties.

America's energy billionaires

America's energy billionaires

Rediff.com10 Oct 2008

Not everyone complains about high prices at the gas station.

India's top 10 billionaires

India's top 10 billionaires

Rediff.com13 Apr 2010

Wealth creation hit a record this year as India's dollar billionaire club rose to 50 from around 42 in December 2007.

'Noel Tata Should Be Inducted Into Tata Sons Soon'

'Noel Tata Should Be Inducted Into Tata Sons Soon'

Rediff.com12 Oct 2024

'The quality of a leader should be such that even if the leader is not there, the institution carries on.'

Modi, Trump, Putin walk ramp in AI fashion show

Modi, Trump, Putin walk ramp in AI fashion show

Rediff.com22 Jul 2024

Former US President Obama was featured wearing a number of ensembles some gladiator-inspired and a basketball one among others.

'Will never surrender': Trump after assassination bid

'Will never surrender': Trump after assassination bid

Rediff.com16 Sep 2024

Hours after another failed attempt on his life, former United States president Donald Trump on Monday said he will never surrender and never stop fighting for Americans.

Why are LSG wearing green and maroon jersey vs KKR?

Why are LSG wearing green and maroon jersey vs KKR?

Rediff.com14 Apr 2024

LSG players are donning green and maroon jersey, inspired by Kolkata football giants Mohun Bagan.

'Ananya Gives It Her 100%'

'Ananya Gives It Her 100%'

Rediff.com10 Sep 2024

'In anything in life, privilege helps.' 'Privilege means access. Access means connections.' 'Does it help? Of course, it does. In whatever you do.'

Softbank exits Paytm at loss of around $150 mn

Softbank exits Paytm at loss of around $150 mn

Rediff.com13 Jul 2024

Japan's Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around $150 million, sources aware of the development said. Softbank invested about $1.5 billion in One97 Communications -- the owner of Paytm brand -- in tranches in 2017. "Softbank has exited Paytm at a loss of 10-12 per cent.

How to be a badass billionaire like Kim Kardashian

How to be a badass billionaire like Kim Kardashian

Rediff.com14 Apr 2021

From stylist to Paris Hilton to influential billionaires, Kim Kardashian tells you how to chart your own success journey.

Amazing toys of billionaires

Amazing toys of billionaires

Rediff.com29 Feb 2012

Billionaires have it all - from supercars to exotic islands to coolest toys.