Mukesh Ambani drops out of world’s top 10 richest persons list, retains Asia’s wealthiest person tag – check list – The Times of India

The Reliance Industries chairman has experienced a decline in wealth due to challenges in the company’s energy and retail sectors. Hurun Global Rich List 2025: Reliance Industries’ Mukesh Ambani has slipped from the global top 10 wealthiest individuals list as his fortune decreased by Rs 1 lakh crore compared to the previous year, attributed to…

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Countering FPI outflows: RBI looks to double investment limit for foreign individuals, says report – The Times of India

India intends to extend privileges previously exclusive to overseas Indians to all foreign investors. (AI image) The Reserve Bank of India (RBI) plans to raise the investment limit for individual foreign investors in listed companies to 10% from 5%, aiming to enhance capital inflows, according to senior government officials and documents seen by Reuters.Foreign portfolio…

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Trump tariffs impact: Tata Motors shares plunge 6% as 25% tariff on auto imports to US announced – The Times of India

Trump auto tariffs impact: Tata Motors shares declined 6.31% to Rs 663 during early trading hours on Thursday, following the announcement by US President Donald Trump regarding implementation of 25% tariff on imported cars and light trucks starting next week.The United States of America is a significant market for Jaguar Land Rover, contributing 22% of…

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One in five ultra high networth individuals want to settle abroad: Kotak survey – The Times of India

MUMBAI: One in five Ultra-HNIs in India is planning to settle abroad, driven by investment opportunities, tax advantages, and better global connectivity according to a survey conducted by Kotak Mahindra Bank’s private banking division.The survey, conducted across 12 cities in the first two quarters of 2024-25, included interviews with 150 Ultra-HNIs and private bankers. EY…

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