'My father was asking me what an IPO is. He has no clue and he has never been an investor.' 'My mother, who was the one to ring the bell, has been an investor in Policybazaar for the past 6-7 years and I would say she has made good returns.'
Indian HNWIs move to the UAE, the UK, the US and Australia.
Zeenat Aman had scored more hit songs than any of her contemporaries. This can be attributed partly to happenstance and partly to the fact that her forte for high glamour could be showcased most winningly in a crowd-pleasing number, observes Dinesh Raheja.
The report however noted that the migration of super rich from China and India is not a "concern".
India is among the top five Asia Pacific countries in terms of total private wealth held, but at the bottom in terms of per capita income.
There was dancing, there was singing and heavy dose of patriotism on a glitzy night at the Indian Premier League opening ceremony in Chennai on Friday.
Although the world economy is going through a rough time, there is no shortage of millionaires and billionaires in the world.
The U.S. still leads the world in number of millionaire households, but maybe not for long -- household wealth is growing fastest in China.
From drop-dead gorgeous diamonds to souped-up sports cars, sneak a peek at the spending habits of the 'middle-class millionaire.'
Decapitated ghosts, ancient ghosts, devil judges, devious cartoons, angry young women, it's a super flavourful platter of assorted goodies on the OTT menu this week.
Take the Rediff Business Quiz and find what you know about the world's and India's richest people.
Global wealth has more than doubled since 2000, reaching a new all-time high of $241 trillion, find the 2013 Credit Suisse Wealth Report.
After making waves overseas, Danny Boyle's Slumdog Millionaire is all set to release in India in January.
Rishabh Lawania's three tips for success: 1. Innovate. 2. Fail fast. 3. Always see ahead of time.
The Spectrem Affluent Investor Confidence Index -- which measures the investment confidence and outlook of households with $500,000 or more in investable assets -- fell five points in December to -15.
A study by New York-based Deloitte Center for Financial Services, titled The next decade in global wealth among millionaire households, says India is likely to experience the largest growth of a whopping 405 per cent in total millionaire wealth over the next decade.
Want to buy the Millionaire Speedy? Well, you probably can't, because it's MTO -- meaning 'made-to-order' and is specifically for extraordinarily special VIP LV clients, says Sandeep Goyal.
Wimbledon attracts celebrities the way the US Open, the French Open and the Australian Open can't.
"I don't know if he has seen Slumdog Millionaire. I know he wants to," White House spokesman, Robert Gibbs, told reporters during the course of his daily press briefing.
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.
Danny Boyle's Slumdog Millionaire, an art house hit in America and Canada and which will roll out of across the United Kingdom next month, grabbed a trio of top awards at the British Independent Film Awards. The film, which is slowly adding extra theatres each week, was No 11 on the North American box-office chart for the weekend, earning $1.36 million, taking its total to $3.6 million. It is in 49 theatres, having added 17 over the weekend.
The Federal Bureau of Investigation is probing the incident. A federal official told CNN that no foul play is suspected in his death.
In Bangalore, there are 1.05 lakh (105,000) such households, while in Mumbai there are 1 lakh (100,000) households that belong to this elite club.
China is close to have one million millionaires with rapid expansion of the new rich, cashing on the booming private business in the Communist country.
Mumbai has the most number of millionaires in the country with as many as 18,939 individuals declaring income of over Rs 10 lakh to the Income Tax Department, the Rajya Sabha was informed on Tuesday.
Just a generation ago, a person with $2 million or more in liquid assets would have had enough for a secure retirement. But not today. Combine longer life expectancies and the rising costs of health care, food, transportation and property, and you have financial challenges ahead for the mMillionaire.
Indian millionaires are growing in numbers and the population of individuals with liquid wealth of $1 million is expected to touch 1.1 million by 2009, says a survey by plastic card major American Express.
India has the potential to become the fourth largest economy by 2025 and the third largest by 2050, behind only US and China, says the 2006 World Wealth Report published by Merrill Lynch and Capgemini.
India is ahead of China in producing millionaires as the Communist giant witnessed a rise of only 12 per cent in the number of wealthy persons in the year 2003 compared to its India's 22 per cent.
Slumdog Millionaire was nominated in the following BAFTA categories: Best Film, Adapted Screenplay, Cinematography, Editing, Music, Production Design, Sound and Outstanding British Film.
The US is looking very carefully at what Modi did when he was in Moscow, a senior State Department official has told lawmakers concerned over the growing India-Russia ties.
The number of millionaire households in India jumped nearly 21 per cent.
'When Rahman reached the studio, he heard Sukhwinder fooling around on the mike. Rahman liked what he heard and incorporated it into Jai Ho.'
Slumdog Millionaire not only getting the some of the best reviews in recent years but also doing brisk business in arthouses. The Danny Boyle directed film, focusing on three slum children in Mumbai and their tryst with fate as grown-ups, grossed a highly promising $420,000 in just five days in 10 theatres in North American cities.
Seeking a wealthy mate? Consider looking online first before shelling out thousands on traditional matchmakers.
India is home to the eighth largest group of super rich people in the world, as there are as many as 14,800 multi-millionaires in the country.
Huge success in their careers -- or divorce courts -- has made them extraordinarily wealthy.
Harry Potter star Daniel Radcliffe, who has added 3 million pounds to his wealth in the past year and is now worth 20 million pounds, is the richest actor in the young millionaires list.
In the bustling Chinese city of Shanghai, around 132,000 people have a personal wealth of 10 million yuan ($1.54 million).
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances