Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
No business delegation has been cleared yet for Prime Minister Narendra Modi 's visit to America from Friday.
All of these companies are present in India.
How bridge keeps corporate India sharp and quick-witted.
The judgment in the 2G case is a huge, huge, indictment of the criminal investigation and justice system, says R Jagannathan.
Indian billionaires do not believe in sitting on their wealth.
These offbeat courses will guarantee you a job.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Last June, the group had delisted Essar Energy from the London Stock Exchange as well.
In the last couple of months, the Prime Minister has visited Japan and the US and launched the Make in India campaign to lure foreign investments into manufacturing sector.
CEOs are not happy with scorecard so far but are ready to invest more as they think one year is too short a time to revive the economy
HUL has achieved few milestones in the fiscal gone by and hence is performing good on revenues front.
The Confederation of Indian Industry will organise a round table on investment.
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
India's rising GDP may have propelled the middle class to become richer, buy new cars, travel around the world and build assets, but it further pushed the economically disadvantaged and poor into poverty and drudgery, says Devanik Saha.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
The government has made it much harder for tycoons to get special dispensations from Delhi
Within a month of the Comptroller and Auditor General of India (CAG) tabling the coal block allocation report in Parliament in August last year, the Central Bureau of Investigation (CBI) filed a First Information Report (FIR) against Hyderabad-based Navabharat Power Private Ltd for the coal block allotted to it in Odisha in January 2008.
A glance back at some important events that occurred in 2018.
R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.
Union Transport Minister Nitin Gadkari was on Friday at the centre of a controversy over reports that he and his family spent two nights on a luxury yacht owned by Essar group.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
'Tower running' or racing up the stairs is now a popular new sport, with a rooftop party and a medal at the finish line.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
India's banks are propping up too many weak producers.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
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