Hurun India Rich List 2024: India’s billionaire count has reached a new milestone, with the country adding a billionaire every five days in the past year, bringing the total number of US dollar billionaires to over 300 for the first time. The 2024 Hurun India Rich List reveals that India now has 334 billionaires, an…
Representative Image The Aditya Birla Group, a conglomerate with business interests spanning metals and cement to financial services and fashion, is now entering jewellery sector where other big players are already present such as Tata Group with its Tanishq brand and Mukesh Abani’s Reliance with its Reliance Jewels, besides other national chains such as Kalyan…
NEW DELHI: Congress leader Rahul Gandhi, who has often attacked the Narendra Modi government for favouring businessmen Gautam Adani and Mukesh Ambani, on Monday referred to them as “A1” and “A2” after Lok Sabha Speaker Om Birla objected to naming individuals who are not part of the House in Parliament.During his address in the Lok…
NEW DELHI: Reliance Industries, India’s largest company by market capitalization, announced its financial results for the first quarter on Friday. The conglomerate, which has interests spanning from retail to telecom, reported a profit that fell short of analysts’ expectations. The lower margins on fuel sales were cited as the primary reason for the disappointing performance.The…
Reliance Retail Ventures is set to finally launch Chinese fast-fashion label Shein in the coming few weeks, a year after it inked a strategic partnership with the latter, multiple executives aware of the developments said. The Mukesh Ambani-owned retailer will be selling Shein’s products on its app as well as offline stores owned and operated…
NEW DELHI: In a dramatic shift in the ranks of the world’s wealthiest individuals, Mukesh Ambani has surpassed Gautam Adani to reclaim the title of Asia’s richest person again. According to the Bloomberg Billionaires Index, Ambani is ranked 11th among the world’s wealthiest individuals.Adani, whose conglomerate suffered a loss of $25 billion in a single…
NEW DELHI: Billionaire Gautam Adani has once again claimed the title of Asia’s richest person, overtaking Mukesh Ambani on the Bloomberg Billionaires Index. Adani’s net worth has surged to an impressive $111 billion, placing him at the top of the list of Asia’s wealthiest individuals.Adani is at the 11th place and Mukesh occupies 12th slot…
Anant Ambani, the youngest son of Reliance Industries Chairman Mukesh Ambani, and Radhika Merchant, daughter of industrialist Viren Merchant, are set to tie the knot on July 12. Ahead of their much-anticipated wedding, the Ambanis and the Merchants have hosted a grand pre-wedding celebration on a luxurious cruise. The extravagant journey, which began in Italy,…
NEW DELHI: Having represented both the champion sides Chennai Super Kings and Mumbai Indians during his Indian Premier League career, middle-order batter Ambati Rayudu on Monday compared the work culture at both franchises, saying winning is non-negotiable for the Mumbai-based side.Both Chennai and Mumbai have five IPL titles each — joint highest in the league…
RIL Q4 results: Mukesh Ambani-led Reliance Industries on Monday reported a Profit After Tax (PAT) of Rs 18,951 crore for the fourth quarter of the financial year ending March 31, 2024. India’s largest by market value reported a near 2% fall in fourth-quarter profit to $2.27 billion, hurt by higher expenses. According to the company…
