Page 24 - Rishi Sunak

Rishi Sunak's wife earned Rs 126.61 cr dividend income from Infosys in 2022

Akshata Murty, Britain's incoming Prime Minister Rishi Sunak's wife whose tax status on income from outside the UK had triggered a controversy, earned Rs 126.61 crore (USD 15.3 million) in dividend income in 2022 from her shareholding in India's second-largest IT firm Infosys. Murthy, daughter of Infosys co-founder Narayana Murthy, held 3.89 crore shares, or 0.93 per cent, of Infosys at the end of September, according to company filings with the stock exchanges. Her holding is worth Rs 5,956 crore (about USD 721 million) at Tuesday's trading price of Rs 1,527.40 on the BSE. Infosys paid Rs 16 per share final dividend for 2021-22 fiscal on May 31, this year. For the current year, the firm this month announced an interim dividend of Rs 16.5, according to the company's stock exchange filings. The two dividends totalled Rs 32.5 per share or Rs 126.61 crore for Akshata. Infosys is among the best dividend-paying companies in India. In 2021, it paid a total of Rs 30 per share dividend, w

Rishi Sunak, wife's combined fortune double that of King Charles III's

Rishi Sunak, who will become the UKs 57th Prime Minister, is richer than King Charles III and, at 42, younger than every predecessor except William Pitt the Younger

Sunak's promises to keep: Ex-chancellor's likely agenda when he becomes PM

Managing welfare spending while promoting business will be among his top tasks if he wins leadership contest

'Our Obama moment': UK Hindu temple leader on Rishi Sunak becoming PM

Rishi Sunak becoming UK's Prime Minister is "our Barack Obama moment", said leader of the Hindu temple set up by the Indian-origin leader's grandfather

Here's all you need to know about Rishi Sunak, the new UK Prime Minister

When Rishi Sunak was elected by Conservative MPs as their new leader and hence prime minister of the United Kingdom, the British nation breathed a sigh of relief: thank God it wasn't Boris Johnson

With Sunak as PM, almost two-thirds of public 'want' general election

With Indian-origin Rishi Sunak set to take charge as the British PM calls for election are getting louder with almost two-thirds of voters wanting it before the end of the year, a poll has found

'Proud of him', says Infosys founder Narayana Murthy on Rishi Sunak

"We are proud of him and wish him success," Infosys co-founder Narayana Murthy said in his first comments on the elevation of his son-in-law Rishi Sunak as Britain's prime minister. Sunak, 42, on Sunday won the race to lead the Conservative Party and is now set to become Britain's first prime minister of Indian origin. "Congratulations to Rishi. We are proud of him and we wish him success," Murthy said in first first reaction emailed to PTI. "We are confident he will do his best for the people of the United Kingdom." The son of a pharmacist mother and doctor father, Sunak was educated at one of England's most renowned schools, Winchester, and then Oxford. He spent three years at Goldman Sachs Group Inc. and later gained an MBA from Stanford in California, where he met his wife Akshata Murthy, daughter of Infosys co-founder Narayana Murthy. He married Akshata in 2009 and the couple has two daughters, Krishna and Anoushka.

Top Headlines: Rishi Sunak to be UK's next PM, Samvat 2079 stocks & more

Rishi Sunak is set to become Britain's next prime minister as his rivals quit the race, which analysts said, relieved some of the nervousness around the outlook for the UK economy

Next UK PM Rishi Sunak on being British, Indian and Hindu at the same time

Sunak, son-in-law of Infosys co-founder N R Narayana Murthy, will be the first person of Indian origin to be sworn in as the UK's PM

Arvind Kejriwal wishes Rishi Sunak on being elected UK Prime Minister

Delhi Chief Minister Arvind Kejriwal on Monday wished British Prime Minister-elect Rishi Sunak, saying Indians are making their mark across the globe. Sunak will make history as Britain's first Indian-origin Prime Minister having been elected unopposed as the new leader of the governing Conservative Party on Diwali, as Penny Mordaunt withdrew from the race. "Great News. Indians setting their mark all over the globe. "My best wishes to Mr @RishiSunak on becoming the Prime Minister of the United Kingdom. Wishing him wisdom and strength to lead the country successfully," Kejriwal said in a tweet. The 42-year-old former Chancellor of the Exchequer, considered a devout Hindu, will enter 10 Downing Street to be the youngest British Prime Minister in 210 years -- when Spencer Perceval held the post -- after his audience with King Charles III at Buckingham Palace, which is likely to be on Tuesday. The millionaire son-in-law of Infosys founder N R Narayana Murthy will be the first Hindu Pr

Wheel of fortune turned full circle: Karnataka CM Bommai on Sunak's win

Karnataka Chief Minister Basavaraj Bommai on Monday expressed happiness after Indian-origin British Conservative party politician Rishi Sunak made his way to the post of UK Prime Minister.

Sunak's prize for predicting Truss chaos: He gets to clean up the mess

Just seven weeks after Truss traveled to meet Queen Elizabeth II to become premier, Sunak will meet King Charles III on Tuesday to formally replace her

Rishi Sunak expected to keep Jeremy Hunt as he readies new UK cabinet

The incoming premier will formally take over from Liz Truss following a meeting with King Charles III, before addressing the nation and appointing members of his cabinet

Biden calls Rishi Sunak's ascent as UK leader a 'ground-breaking milestone'

US President Joe Biden on Monday said the ascent of Rishi Sunak as the first Indian-origin UK Prime Minister is a "ground-breaking milestone.""We got the news that Rishi Sunak is now the PM of the UK. Tomorrow, he goes to see the king (King Charles). It is pretty astounding, a ground-breaking milestone and it matters," US President Joe Biden said at a Diwali reception at the White House.White House on Monday hosted the biggest Diwali reception ever on Monday which also saw the presence of several Indian Americans from the Biden administration."We are honoured to host you. This is the first Diwali reception of this scale in the White House ever to be held. We have more Asian Americans than ever before in history and we want to thank you for making the Diwali celebration a joyous part of American culture," US President Joe Biden said during a reception to celebrate Diwali at the White House.Wishing a happy Diwali to more than one billion Hindus, Jains, Sikhs, and Buddhists celebrating ..

Rishi Sunak to be UK's first Indian-origin PM as his rivals quit the race

Youngest to the post in 200 years + Warns UK faces 'profound economic challenge' + FTSE 100 rises .6%

Karnataka CM Bommai congratulates UK's Indian-origin PM-elect Rishi Sunak

Karnataka Chief Minister Basavaraj Bommai on Monday expressed his happiness over Rishi Sunak, a person of Indian origin set to become the Prime Minister of the United Kingdom. Talking to reporters in Shiggaon, Bommai said the British ruled India for over 200 years and they would have never expected such a big development. Today, Indians are on all fronts and have got elected as MPs in several countries. Now, Rishi Sunak has got elected as the new Britain PM. The wheel of fortune has turned completely, he opined. In a series of tweets, former Karnataka Chief Minister H D Kumaraswamy too congratulated Sunak, who is set to become the UK prime minister. "Hearty congratulations to Sri @RishiSunak, senior Conservative party leader & Britain's Prime Minister elect. He is connected to our Karnataka. I am overwhelmed with the election of Sri Rishi Sunak, son-in-law of Infosys founder Sri N R Narayanamurthy & Smt Sudha Murty," Kumaraswamy tweeted. "I am confident that Sri Rishi Sunak ...

British Prime Minister-elect Rishi Sunak promises 'stability and unity'

Indian-origin Rishi Sunak, who will take over as Britain's prime minister from Liz Truss, on Monday promised stability and unity as his priority. The former chancellor, who won Tory leadership contest on Monday, is poised to walk through the door of 10 Downing Street in London after an audience with King Charles III in Buckingham Palace, which is likely to be on Tuesday. Besides being the first Hindu Prime Minister of Indian heritage, Sunak is also the youngest for around 200 years at 42 years. In his first address as Tory leader soon after the result was declared, Sunak said his priority would be to bring the country together and said he was "humbled and honoured" to get the greatest privilege of his life to give back to the country I owe so much. "The UK is a great country, but there is no doubt we face a profound economic challenge," said Sunak from the Conservative Party headquarters near Parliament in London. "We now need stability and unity and I will make it my utmost priori

Rishi Sunak to become the next UK PM: Let's understand his India connection

With Boris Johnson's party gate scandal and Liz Truss's tax cuts debacle, Sunak is the third prime minister in the last seven months

Indian-origin Rishi Sunak to become Britain's next prime minister

Sunak will replace Liz Truss, who served as Britain's shortest-serving prime minister

India, Pakistan to share pride as Sunak likely to be first non-White UK PM

With Rishi Sunak on the threshold of becoming the first non-White Prime Minister of Britain, arch-rivals India and Pakistan are on the cusp of history to share a pride, though none of them played a role in it. Sunak's grandparents originated from British India but their birthplace Gujranwala lies in modern day Pakistan's Punjab province. Thus, in an odd way, the new British leader is both an Indian and a Pakistani. So far, the scanty details about his ancestry are available only on social media and that is where both Indian and Pakistanis are expressing their views about his rise to power amidst bitter political wrangling in the UK. "The Sunaks are a Punjabi Khatri family from Gujranwala, now in Pakistan, tweeted one Queen Lioness 86, adding: "Ramdas Sunak, Rishi's paternal grandfather, left Gujranwala to work as a clerk in Nairobi in 1935." Ramdas' wife, Suhag Rani Sunak, moved to Delhi first from Gujranwala, along with her mother-in-law, before travelling to Kenya in 1937, accord