News for 'wealth cities'

India to become world's largest economy by 2050

India to become world's largest economy by 2050

Rediff.com29 Mar 2012

Surpassing China, India will become the world's largest economy by 2050, says a report.

Why Delhi is concerned about the Taliban

Why Delhi is concerned about the Taliban

Rediff.com7 Aug 2021

India is apprehensive about the Taliban's return as it would mean loss of access to Baluch rebels and help to the restive tribals of Waziristan. This would be a setback to the Indian strategy of returning the compliments of death by a thousand cuts to Pakistan, notes Colonel Anil A Athale (retd).

Can you trust your financial advisor?

Can you trust your financial advisor?

Rediff.com3 Jun 2019

We all need an expert whose advice you can trust, who will not start pushing products at you and rather help you understand why your wealth is not growing as it should, says Erik Hon.

Investors become poorer by Rs 14.22 lakh crore

Investors become poorer by Rs 14.22 lakh crore

Rediff.com23 Mar 2020

Sebi's move to curb volatility didn't work for the market as rules were applicable for both long and short positions which makes difficult new long positions while short positions caused more price damage due to lack of liquidity.

Take advantage of golden opportunity, invest in India, Modi tells global biz community

Take advantage of golden opportunity, invest in India, Modi tells global biz community

Rediff.com25 Sep 2019

He said India has also opened its defence industry 'like never before' and sought investments in the sector.

Top 10 countries with most billionaires; India ranks 6th

Top 10 countries with most billionaires; India ranks 6th

Rediff.com7 Nov 2013

According to the the wealth-X and UBS billionaire census report 2013, India's billionaire population has decreased by 5.5 per cent to 103 and the total billionaire wealth has fallen by $10 billion to $180 billion.

Ultra rich pick world's top business hubs

Ultra rich pick world's top business hubs

Rediff.com13 Apr 2011

Rich and powerful see New York and London as the leading business hubs over the next 10 years, but emerging nation centres are catching up.

'How long will you live fearing this virus?'

'How long will you live fearing this virus?'

Rediff.com27 Sep 2021

'These reports of cases being very low in other states, is it true? Are the numbers believable?'

Super League shelved as more clubs withdraw

Super League shelved as more clubs withdraw

Rediff.com21 Apr 2021

Twelve of Europe's leading soccer clubs from England, Italy and Spain announced a breakaway league on Sunday but after 48 hours of massive pressure from fans, politicians and even British royals the six English clubs backed out

What India loses when journalists lose jobs

What India loses when journalists lose jobs

Rediff.com9 Dec 2020

When journalism is destroyed, what is destroyed is a common man's weapon against the might of the establishment, notes Sumit Bhattacharya.

Rebalancing India-China, The Sri Lanka Way

Rebalancing India-China, The Sri Lanka Way

Rediff.com14 Feb 2022

Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.

Modi takes a swipe at Naidu as TDP protests his visit

Modi takes a swipe at Naidu as TDP protests his visit

Rediff.com10 Feb 2019

'He keeps reminding me he is senior. There is no debate in this. I have never shown any disrespect to you since you are a senior,' the PM said.

Sachin Bansal invests Rs 650 crore in Ola; may join board

Sachin Bansal invests Rs 650 crore in Ola; may join board

Rediff.com20 Feb 2019

With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.

Control Covid for economy to recover!

Control Covid for economy to recover!

Rediff.com15 Oct 2020

Unless we control the coronavirus, we are going to struggle to get our economy and country back on track. The spectre of the virus haunts recovery, warns Naushad Forbes.

5 Indians in Forbes Asia's Heroes of Philanthropy list

5 Indians in Forbes Asia's Heroes of Philanthropy list

Rediff.com12 Jul 2016

The Sampark Foundation boasts of a $100 million outlay funded entirely by the Nayars and represents more than half of their wealth.

I-Day Speech: Why was Modi silent about China?

I-Day Speech: Why was Modi silent about China?

Rediff.com17 Aug 2020

'He spoke about 20 jawans in Ladakh, but he couldn't even name China.' 'He said the world had seen what had been achieved, even though we Indians don't know because Modi has himself said that nothing had happened and nobody had come,' points out Aakar Patel.

South-based firms saw fund infusion of $6.5 billion since 2014

South-based firms saw fund infusion of $6.5 billion since 2014

Rediff.com30 Aug 2018

A steady demand environment, prudent debt management and faster absorption of office space gave them an edge over others.

A Messiah For Humanity Passes Into The Ages

A Messiah For Humanity Passes Into The Ages

Rediff.com31 Jan 2022

Where does one find a man who shows no bitterness or animosity towards Hindus, even after a frenzied Hindu mob burnt his house down?, Jyoti Punwani asks in this tribute to a truly extraordinary Indian.

Best of HDFC Bank is yet to come: Aditya Puri

Best of HDFC Bank is yet to come: Aditya Puri

Rediff.com13 Aug 2020

The veteran banker has been instrumental in building the bank from scratch and turning it into the largest private sector lender of the country.

Recording of Sasikala's statement adjourned to Mar 21

Recording of Sasikala's statement adjourned to Mar 21

Rediff.com14 Mar 2012

The Special Court trying the wealth case against Tamil Nadu Chief Minister Jayalalithaa on Wednesday adjourned to March 21 further recording of the statement of Sasikala Natarajan, her estranged aide and co accused. Special Court judge B M Mallikarjunaiah allowed the applications under Section 317 CrPC by Sasikala's counsel C Manishankhar, seeking exemption from her personal appearance and other two accused (V N Sudhakaran and Ilavarasi) and adjournment.

Should Politics Be Kicked Out of Campuses?

Should Politics Be Kicked Out of Campuses?

Rediff.com19 Jan 2022

College is where the manicured view of the world provided by one's family, encounters new trends. It is the dawn of exploration. Wishing for a sanitised bubble on campus appears hypocritical. The correct strategy, one would assume, is to weed out the violence while retaining the right to political debate, argues Shyam G Menon.

The man behind Kripashankar Singh's fall

The man behind Kripashankar Singh's fall

Rediff.com2 Mar 2012

Sanjay Tiwari has become the bane of powerful Congress leader Kripashankar Singh's existence. Tiwari, who hails from a humble slum in Mumbai, has alleged that Singh has amassed huge wealth disproportionate to his known sources of income. After obtaining information by filing several RTI applications, Tiwari filed a PIL against him in the Bombay high court.

Now, lounge banking for the rich

Now, lounge banking for the rich

Rediff.com6 Jun 2012

Lenders also allow customers to conduct other businesses from such chambers

What do super-rich Americans own? Nearly the whole country!

What do super-rich Americans own? Nearly the whole country!

Rediff.com12 Oct 2011

Rich are increasingly accumulating a greater share of the national wealth.

For CCD's VG Siddhartha, brewing fortunes is second nature

For CCD's VG Siddhartha, brewing fortunes is second nature

Rediff.com10 Feb 2019

Siddhartha's knack for value investment dates back to 1995 when he infused capital in Kshema Technologies, which was acquired by MphasiS. He also took an early exposure in Mindtree way back in 1999. Since 1995, he had invested in more than 15 technology companies including chip-designing firm Ittiam Software, and GlobalEdge Technologies, among others, says Debasis Mohapatra.

Sania set to launch academy in March 2013

Sania set to launch academy in March 2013

Rediff.com13 Oct 2012

With an aim to give back something to the sport that brought her fame and wealth, Sania Mirza is now all set to start her own tennis academy in Hyderabad, where youngsters will get quality training at an affordable price.

Black money disclosure to be online

Black money disclosure to be online

Rediff.com3 Jul 2015

The government notified the compliance window under the Act.

Super League breakaway in tatters after English clubs quit

Super League breakaway in tatters after English clubs quit

Rediff.com21 Apr 2021

The league, which was announced on Sunday with 12 founding members, has been championed by Real Madrid president Florentino Perez, the new competition's chairman. It is now left with three Italian clubs -- AC Milan, Juventus and Inter Milan -- plus Perez's Real Madrid along with Barcelona and Atletico Madrid from Spain.

Citigroup set to sell Australian unit

Citigroup set to sell Australian unit

Rediff.com20 Mar 2008

Citigroup may sell its Australian retail broking unit as it consolidates its wealth management business in Hong Kong and Singapore to compete for customers against bigger private bank rivals. The US financial group is understood to be in talks over the possible sale of Citi Smith Barney Australia to National Australia Bank. It also plans to close its CSB branch in Taiwan and merge others in Singapore and Hong Kong with Citi Private Bank.

Year 2050: World's top 10 economies

Year 2050: World's top 10 economies

Rediff.com30 Mar 2012

While there is little doubt that the emerging economies present the best chances for economic growth, not all countries will prosper at the same rate, says the Wealth Report 2012 by Knight Frank & Citi Private Bank.

Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail

Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail

Rediff.com5 Nov 2020

Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore. PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement. The investment values RRVL, the retail arm of Reliance Industries Ltd, at a pre-money equity value of Rs 4.587 lakh crore.

COVID fallout: Markets crowded, but malls empty

COVID fallout: Markets crowded, but malls empty

Rediff.com17 Dec 2020

What can malls do to entice customers? Brand coach Ambi Parameswaran has a few suggestions.

Mumbai has the highest number of high net worth individuals

Mumbai has the highest number of high net worth individuals

Rediff.com3 Mar 2016

Out of 97 global cities, Mumbai and Delhi are currently ranked at 21 and 33, respectively.

Meet China's richest man who toppled Jack Ma!

Meet China's richest man who toppled Jack Ma!

Rediff.com20 Aug 2015

At the young age of 15, Wang joined the People's Liberation Army as a guard.

Mukesh Ambani remains richest Indian, net worth jumps 30%

Mukesh Ambani remains richest Indian, net worth jumps 30%

Rediff.com24 Feb 2016

Industrialist Mukesh Ambani remains India's richest person with a sharp surge of 30 per cent in his net worth to $26 billion.

Budget: The joke's on the middle class

Budget: The joke's on the middle class

Rediff.com16 Jul 2019

'That Modi and the BJP can continue to treat the rising and expanding middle class this way shows that they have gamed its mind quite perfectly,' argues Shekhar Gupta.

Delhi is denser and safer than New York

Delhi is denser and safer than New York

Rediff.com14 Nov 2014

New Delhi has high average density of built up area, nearly twice the levels of wider New York metro area.

Former EPL player to mentor SESA football academy

Former EPL player to mentor SESA football academy

Rediff.com7 Apr 2011

Sesa Football Academy signed former English Premier League (EPL) player Terry Phelan as their chief mentor at an event in Panaji.

Tax on super rich can lift 9 crore out of poverty

Tax on super rich can lift 9 crore out of poverty

Rediff.com31 Oct 2014

As many as nine crore people would be out from the state of abject poverty in next 5 years if India could stop inequality from rising and levy a nominal tax on the super riches to narrow the rich and poor divide, a report said.

How will Saks Fifth Avenue tweak its strategy for India?

How will Saks Fifth Avenue tweak its strategy for India?

Rediff.com1 Mar 2017

Saks sells luxury brands such as Jimmy Choo, Giorgio Armani, and Tod's, besides premium brands such as Fila and Puma.