The Rich List | Meet India's new entrants in the billionaire club

Asia's Tech News Daily

#Business, #Indian billionaires, #Navil Noronha, #Slideshow
Ignatius Navil Noronha, CEO of Avenue Supermarts Ltd, which runs DMart retail stores, joins the billionaires list as the company’s shares have risen staggering 113 percent this year. The stock touched a new intra-day record-high of Rs 5,899 on BSE. Noronha has 13.13 million shares or more than 2 percent stake in the company. With the wealth of Rs 7,744 crore, Noronha has become India’s richest professional manager. Let’s take a look at the other billionaires who made an entry in the billionaires list.
#Business, #Indian billionaires, #Navil Noronha, #Slideshow

Technology services provider Persistent Systems’ founder Anand Deshpande has joined the elite group of billionaires in September this year. His net worth stands at $1.3 billion, as per Forbes real-time billionaires record.

#Business, #Indian billionaires, #Navil Noronha, #Slideshow

The founding Chairman of the Apollo group of hospitals Dr. Prathap C Reddy and his family have entered the top 100 list of billionaires with wealth shot up by 169 percent, as per the IIFL Wealth Hurun India Rich list 2021. Currently Reddy’s wealth is over $2 billion.

#Business, #Indian billionaires, #Navil Noronha, #Slideshow

Inder Jaisinghani, Chairman and Managing Director of Polycab India, is among the new entrants in Forbes billionaires list with net worth of $3.6 billion.

#Business, #Indian billionaires, #Navil Noronha, #Slideshow

The executive chairman of diagnostics chain Dr Lal PathLabs, Arvind Lal made his place among the billionaires after the novel outbreak with a net worth of $2.55 billion. (Image: Forbes)

#Business, #Indian billionaires, #Navil Noronha, #Slideshow

Managing Director of Pune-based Clean Science and Technology, Ashok Boob also debuted in the Forbes billionaires list with a net worth of $2.3 billion. (Image: Forbes)

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Omicron: 3 more international travellers admitted to LNJP Hospital in Delhi

Three more international travellers — two COVID-19 positive and another suspected case — were admitted on Monday to the Delhi government-run Lok Nayak Hospital’s special facility for isolating and treating ... Read more »

Dowry a social evil, but change has to come from society, says SC; refers plea to law commission

The Supreme Court Monday said dowry is a social evil and there is no doubt about it but change has to come from within the society as to how a ... Read more »

COVID-19 update: Himachal Pradesh reports 112 new cases, one death in a day

(Representative image: Reuters) Himachal Pradesh on Monday reported 112 new cases of COVID-19 and one fatality taking the infection tally to 2,27,630 and the death toll to 3,836, officials said. ... Read more »

"Ridiculous," says Supreme Court after three states fail to deliver COVID-19 compensation

Delays in the delivery of COVID-19 compensation has earned state governments the ire of the Supreme Court, with the country’s apex institution terming the situation “ridiculous.” The governments of Maharashtra, ... Read more »

1 in 2 people wants govt to suspend flights from countries where 20 Omicron cases detected: Survey

As the country records over 20 cases of Omicron in just three days while several COVID-19-positive samples undergo genome testing, as many as 50 per cent people want the central ... Read more »

Former UP Shia Waqf Board chairman Wasim Rizvi converts to Hinduism

Former Uttar Pradesh Shia Waqf Board Chairperson Wasim Rizvi on Monday renounced Islam and converted to Hinduism. The conversion ceremony was conducted by Mahant Narasimha Ananda Saraswati of Dasna temple ... Read more »

RBI imposes curbs on Maharashtra-based Nagar Urban Co-op Bank

The RBI on Monday imposed several restrictions on Nagar Urban Co-operative Bank Ltd, Ahmednagar, Maharashtra, including a cap of Rs 10,000 on withdrawals for customers in the wake of deterioration ... Read more »

OTT platform offers Katrina Kaif, Vicky Kaushal Rs 100 crore to get exclusive access to their wedding footage

katrina Kaif and Vicky Kaushal (Images sourced from Wikimedia Commons) Bollywood stars Katrina Kaif and Vicky Kaushal, who are rumoured to be tying the knot in an extravagant destination wedding ... Read more »

Madras HC imposes Rs 1.5 lakh on petitioner for frivolous PIL against Covid restrictions

Madras High Court. The Madras High Court has lashed out at ‘frivolous’ petitions seeking to declare the Covid-19 related restrictions as unconstitutional and slapped a cost of Rs 1.5 lakh ... Read more »

GHCL Ltd divesting home textiles business to Indo Count Industries Ltd for Rs 596 crore

GHCL Chemicals major GHCL Ltd on Monday said it is divesting its home textiles business to Indo Count Industries Ltd for Rs 596 crore. The company, one of the leading ... Read more »

Madras High Court directs IT dept to bring in legal heirs of late CM Jayalalithaa in wealth case

The Madras High Court on Monday directed the Income Tax department to file applications bringing in the names of J Deepa and J Deepak, the legal heirs of late Chief ... Read more »

Omicron: Rajesh Tope says call on curbs in Maharashtra only after consulting Centre, CM

The Maharashtra government is closely monitoring the prevailing coronavirus situation and any decision on reimposing restrictions in the state will be taken only after seeking the Centre’s guidance and Chief ... Read more »

CBSE's assessment scheme has attained finality, received court's seal of approval: Supreme Court

The Supreme Court Monday said that CBSE‘s assessment scheme for evaluation of marks of class 12 students, whose board examinations were cancelled due to the COVID-19 pandemic earlier this year, ... Read more »

CBI books Surat-based logistics firm, its directors for bank loan fraud

The CBI has booked Surat-based Siddhi Vinayak Logistic Ltd. and its directors for allegedly cheating State Bank of India to the tune of over Rs 214 crore by defaulting on ... Read more »

Wall Street opens higher on banks, energy boost

Wall Street‘s main indexes opened higher on Monday after declining sharply last week on Omicron and taper fears, with investors favoring banks, energy and economy-linked stocks against technology and growth-heavy ... Read more »

Don't take coercive action under new IT Rules: HC tells Centre

The Madras High Court on Monday restrained the Central government from taking any coercive action against digital media firms under the new cal codes made to the parent Information Technology ... Read more »

Nagaland CM Neiphiu Rio seeks repeal of AFSPA, 14 slain civilians laid to rest

Nagaland Chief Minister Neiphiu Rio on Monday demanded the repeal of Armed Forces (Special Powers) Act, 1958 from the state, where 14 civilians were killed by security forces in Mon ... Read more »

Maharashtra reports two more Omicron cases; India tally at 23

Two new omicron cases were reported from Maharashtra, thereby taking the state tally to 10 and the national tally to 23. “A 37-year-old South Africa returnee man & his 36-year-old ... Read more »

Private equity fund Greater Pacific Capital buys around 14% in Muthoot Microfin for $50 mn

Kolkata: London-based private equity fund Greater Pacific Capital (GPC) has picked up around 14 per cent stake in Muthoot Microfin for $50 million (Rs 375 crore in local currency), in ... Read more »

ED issues fresh summons to actor Jacqueline Fernandez to appear before it on December 8

Image: Twitter A day after she was stopped from flying abroad, the Enforcement Directorate (ED) summoned actor Jacqueline Fernandez to appear before it for questioning in a money laundering investigation ... Read more »

In schools, 93 per cent teaching staff, 87 per cent non-teaching staff fully or partially vaccinated: Govt

Over 93 per cent teaching staff and 87 per cent non-teaching staff in schools across the country have been either fully or partially vaccinated against COVID-19, with four states achieving ... Read more »

Omicron infected, his contacts are asymptomatic, says Karnataka Health minister K Sudhakar

Health and Medical Education Minister K Sudhakar on Monday said the person infected with the Omicron virus variant and his Covid-19 positive contacts have no health issues or showing any ... Read more »

PM Modi holds summit talks with Russian President Vladimir Putin

Source: ANI Prime Minister Narendra Modi and President Vladimir Putin on Monday held the 21st India-Russia summit, covering an array of areas with an aim to further enhance the special ... Read more »

Russia considers India 'a great power': Vladimir Putin

Russian President Vladimir Putin lauded India as “a great power” on Monday as he arrived in New Delhi to bolster military and energy ties with a traditional ally being courted ... Read more »

In schools, 93% teaching staff, 87% non-teaching staff fully or partially vaccinated: Govt

Representative image Over 93 per cent teaching staff and 87 per cent non-teaching staff in schools across the country have been either fully or partially vaccinated against COVID-19, with four ... Read more »

PSBs restructure over Rs 58,500 crore loan advanced to 9.8 lakh MSME accounts amid pandemic: Govt

Public sector banks (PSBs) effected restructuring of 9.8 lakh accounts of micro, small and medium enterprises, due to the impact of Covid-19 pandemic, amounting to Rs 58,524 crore as of ... Read more »

SC stays local body election in Maharashtra on seats reserved for OBCs

The Supreme Court Monday stayed till further orders the local body election in Maharashtra on 27 per cent seats reserved for the Other Backward Classes (OBC). The apex court made ... Read more »

NCLT admits Reserve Bank's plea for insolvency proceedings against Reliance Capital

The National Company Law Tribunal (NCLT) on Monday admitted the Reserve Bank‘s plea to initiate insolvency resolution proceedings against Reliance Capital. Last week, the Reserve Bank of India (RBI) filed ... Read more »

Sudan owes ONGC Videsh $560 million in unpaid dues: Govt

Source: Reuters Sudan owes ONGC Videsh Ltd (OVL) a total of USD 560 million in unpaid oil dues and cost of pipeline built by the Indian firm built for the ... Read more »

Difference between investing in stocks and mutual funds

Investing in equities for the long term is one of the best options for wealth creations but that doesn’t mean you have to buy and trade in individual stocks, you ... Read more »

85 pc of India's eligible population administered first dose of COVID-19 vaccine: Mansukh Mandaviya

Eighty-five per cent of India’s eligible adult population has received the first dose of COVID-19 vaccine, Union Health Minister Mansukh Mandaviya said on Monday as the cumulative vaccine doses administered ... Read more »

Rajya Sabha sees repeated adjournments as Opposition protests suspension of 12 MPs

Rajya Sabha witnessed repeated adjournments of proceedings on Monday as the Opposition, including the Congress, Left parties and the TMC, persistently protested demanding revocation of the suspension of 12 members. ... Read more »

Brain drain: Government committed to retain graduating students, bring NRIs back to country

The government is committed to not only retain the students passing out of the premier educational institutions in the country but also attract NRIs back, the Lok Sabha was informed ... Read more »

With Omicron, third wave projected to hit India by February, but may be milder than second

With Omicron, the new variant of SARS-CoV2, the third wave of coronavirus could hit the peak by February with cases likely to be reaching up to 1-1.5 lakh a day ... Read more »

38,408 schools, 2.86 lakh anganwadi centres don't have functional toilets, govt tells Rajya Sabha

As many as 38,408 schools and 2,86,310 anganwadi centres across the country do not have functional toilets, the Union government informed the Rajya Sabha on Monday. Replying to a question ... Read more »

Dengue death toll rises to 15 in Delhi, case count now over 8,900: Civic body

Six more deaths due to dengue have been reported in the national capital, taking the total number of fatalities due to the vector-borne disease reported in Delhi this year to ... Read more »

Over 55 pc Jan Dhan account holders are women: Finance Ministry

If the nearly 44 crore Jan Dhan bank account holders in the country, more than 55 per cent are women account holders, the Finance Ministry informed Parliament on Monday. There ... Read more »

Government saved Rs 6,320 crore from temporary suspension of MPLADS: Minister

The government has saved Rs 6,320 crore from temporary suspension of the Members of Parliament Local Area Development Scheme (MPLADS) for one-and-a-half year, minister of state for planning Rao Inderjit ... Read more »

Market Movers: What's driving the carnage in Nykaa, Zomato shares?

MUMBAI: One of the only profitable startup listings in the current IPO frenzy, Nykaa , has been under enormous selling pressure over the past 10 days. The company listed with ... Read more »

Day Trading Guide: Stock recommendation for Tuesday

Following Friday’s throwback, Nifty continued to trend lower, forming another bearish candle. The selling pressure intensified as it broke below the 17,000 mark, eventually forming another large bearish candle. Nifty ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic