Page 2 - Indian Billionaires

Gautam Adani's rise to world's second-richest boosts equities' clout

Eight firms controlled by Adani's ports-to-power conglomerate, including recent cement acquisitions, have contributed more than a fifth of the 109-member MSCI India Index's surge since end-June

Gautam Adani's elder son to oversee newly acquired cement companies

An announcement on Karan's appointment could come as soon as Friday, the people said. A representative for Adani Group declined to comment.

Gautam Adani overtakes Jeff Bezos to become world's second richest

Gautam Adani's wealth surged to make him the second richest man in the world, led by a sharp rally in the Adani Group stocks.

With $208 bn in fortunes, Mukesh Ambani, and Gautam Adani start to face off

Ambani's Reliance Jio Infocomm Ltd. is the top player in India's mobile market, while the Adani Group doesn't even have a license to offer wireless telecommunications services

Pallonji Mistry, Indian-Irish billionaire caught in Tata feud, dies at 93

Mistry and his family control the Shapoorji Pallonji Group, which started more than 150 years ago and today employs more than 50,000 people in over 50 countries

Wealth-income mismatch: The curious case of India's missing millionaires

While India had 764,000 dollar-millionaires in 2019 by one account, just 316,000 filed tax returns declaring income of over $75,000. Large-scale I-T evasion may still be taking place, notes T N Ninan

Top headlines: India's billionaire count now 142; Punjab polls rescheduled

Business Standard brings you the top headlines on Monday

Amid Covid, India's billionaire count rose by 40 to 142 in 2021: Oxfam

In India, during the pandemic (since March 2020, through to Nov 30, 2021) the wealth of billionaires increased from Rs 23.14 trn to Rs 53.16 trn, according to non-profit Oxfam India's latest report

India's richest doubled their wealth to $720 bn during Covid crisis: Oxfam

India added 40 billionaires to 142 last year, when a second wave of Covid overwhelmed its health infrastructure and pushed crematoriums and burial grounds to breaking point, says the report

India's new billionaires: A record 40 promoters entered the club in 2021

A record 40 promoters entered the club in 2021, beating the previous high of 24 in FY10

Share prices 'are the bonus': Nykaa's Falguni Nayar offers startup advice

Falguni Nayar joined the rarefied ranks of self-made billionaire women this week as the beauty startup she founded went public.

Number of billionaires in India stands at 136 in FY21, 5 less from FY20

The number of billionaires in India came down to 136 in 2020-21 from 141 in 2019-20, based on the gross total income declared in the income tax return, FM Nirmala Sitharaman informed Parliament

Indian billionaires face off in race for domination in solar space

India's two richest men are vying to be at the forefront of Prime Minister Narendra Modi's ambition to ramp up green energy capacity

Top headlines: Airtel acquires Rs 18k-cr spectrum; Feb exports dip 0.25%

Business Standard brings you top news of the evening

Wealth of Indian billionaires increased by 35% during lockdown: Oxfam

Calling the coronavirus pandemic the world's worst public health crisis in a 100 years, the report said it triggered an economic crisis comparable in scale only with the Great Depression of the 1930s

It's raining billionaires in India's pharma and health care space

Created 7 billionaires in 2020; now 17 super-rich promoters in the sector with combined wealth of Rs 4.35 trillion

India's top 63 billionaires have more wealth than 2018-19 Budget outlay

The gap between the top 1 per cent and the bottom 50 per cent of the population just keeps expanding, global non-profit organisation Oxfam said in its latest annual report on income inequality

Relaxo's Dua to PI's Singhal, 2019 billionaire club has 10 new entrants

10 promoters entered the billionaire list in 2019; Anil Ambani, Subhash Chandra among big names who left the club

Number of people with assets of over Rs 200 crore rises to 283

India occupies 2nd position in terms of increase in the number of billionaires, says Gangwar

Ambani tops Forbes billionaire list in India, Ramdev aide Balkrishna debuts

India is home to 101 billionaires, the first time it has more than 100 super rich individuals