News Muncher - searching for networth

2 days, 19 hours ago

Over 15 Per Cent Of Super Rich In India Are Aged Under 30, Says Report

ABP News

More than 15 per cent of the high networth individuals in the country are aged under 30, a recent report said. Prashant Thakur, Regional Director and Head of Research, Anarock Property Consultants, noted, “A dynamic mix of young entrepreneurs, tech pioneers, and seasoned industrialists driving the expansion in affluent population.” The study found that 20 per cent of the Indian …

India Indian Report Cent 15 Per Cent Uhni Hnis

Billionaire blues for Ambani, Adani as networth slips below $100 billion

India Today

'What goes up, must come down', for Mukesh Ambani and Gautam Adani, this couldn’t ring truer at this point of time. Mukesh Ambani and Gautam Adani, who head Reliance Industries and the Adani Group respectively, are facing challenges that have impacted their fortunes and the performance of their companies. MUKESH AMBANI’S WEALTH DROPS BELOW $100 BILLION Mukesh Ambani’s net worth, …

Wealth Billion Group Gautam Adani Adani Net Reliance

3 months ago

'If investors wait for a correction of 5-10%, they'll be waiting for long time'

Live Mint

A major market correction is unlikely unless an unforeseen global event occurs beyond anyone’s control, according to Anuj Kapoor, MD & CEO of Private Wealth and Alternatives at JM Financial. Many large investors are currently hesitant to invest in India due to high valuations and are waiting for a substantial correction, beyond just 5-10%, before committing. Arbitrage funds continue to …

India Market Companies Interest Investors Long Funds

6 months, 3 weeks ago

57% of SME IPOs oversubscribed in 2024, HOAC Foods leads pack

Hindustan Times

57% of Indian SME IPOs saw their subscription rates soar over 100%, according to Trendlyne data, with HOAC Foods India’s IPO leading the pack with a whopping subscription rate of 1,834 times, and the retail portion reaching a staggering 2350 times, LiveMint reported. 13 companies witnessed subscription rates exceeding 500% The S&P BSE IPO index recorded a remarkable 62% gain …

India Subscription Rate Ipo Subscription Rates

8 months, 3 weeks ago

Forbes Richest List 2024: India Adds 25 New Billionaires, Mukesh Ambani Tops In India, Gautam Adani At 2

News 18

India added 25 new billionaires this year, increasing the total number of billionaires in the country to 200 as compared to 169 last year, according to the latest ‘Forbes World’s Billionaires List 2024′. Among Indians, Reliance Industries Ltd CMD Mukesh Ambani topped the billionaires’ list with a total networth of $116 billion, followed by Gautam Adani, Shiv Nadar, Savitri Jindal …

List Forbes Indians Gautam Adani Mukesh Ambani Rank 9Th Rank

1 year, 2 months ago

Tech Mahindra to sell its 30% stake in Avion Networks for $50,000

Live Mint

Tech Mahindra Ltd board has approved a proposal to sell its 30% stake in Avion Networks for $50,000, the IT company said in a regulatory filing on Monday. Tech Mahindra Ltd, through a wholly-owned subsidiary Tech Mahindra Inc., was holding 30% share capital of Avion Networks Inc. “Since there was no contribution in terms of turnover or net worth in …

Tech Company Mahindra Networks Tma Tech Mahindra Avion

1 year, 2 months ago

Mukesh Ambani reclaims India's richest man spot from Gautam Adani

Deccan Chronicle

Mumbai: Mukesh Ambani, the 66 year old chairman of Reliance Industries Limited has reclaimed the title of India's richest individual on the 360 One Wealth Hurun India Rich List 2023 overtaking Adani Group chairman Gautam Adani, who had occupied the top spot in 2022 list. Mukesh Ambani’s net worth stood at Rs 8.08 lakh crore in 2023 up 2 per …

India Wealth Man Crore List Lakh Gautam Adani

1 year, 4 months ago

Onest IPO: FMCG firm files draft papers with SEBI for issue

Live Mint

Mumbai-based FMCG firm Onest Limited has filed its Draft Red Herring prospectus with capital market regulator SEBI to raise funds through for its initial public offering. The OFS includes up to 2.66 million equity shares from Pawan Kumar Gupta, up to 4.69 lakh equity shares from Glentrade DMCC, up to 62,250 equity shares from Ramesh Girdharilal Lulla, up to 30,000 …

Equity Crore Shares Ipo Onest

1 year, 8 months ago

Luxury real estate beckons Hyderabad

Deccan Chronicle

HYDERABAD: In March, India's largest real estate group DLF had sold 1,137 flats in luxury high-rise residential project, each worth around Rs 7 crore, in Gurugram in just three days! "The whole Hyderabad luxury real estate game will change in the next two to three years. Iris by Raghava is a super luxury project with four million square feet of …

India Real Estate Hyderabad Estate Real His Company Raghava

1 year, 9 months ago

Philanthropic contributions by India's super rich fall by a third in FY22: Report

India TV News

India's ultra high networth individuals, with a net wealth of over Rs 1,000 crore, have significantly decreased their philanthropic contributions, falling from Rs 11,821 crore the previous year to Rs 4,230 crore in FY22. However, the report also notes that even excluding the Premji Foundation’s contribution, UHNI contribution has not kept pace with wealth creation and is "below par, with …

India China Wealth Report Crore Contribution Contributions

1 year, 10 months ago

Banks pocket $12 million in fees in Adani’s mega share sale

Live Mint

Investment banks are set to receive about 1 billion rupees in total fees after helping Indian tycoon Gautam Adani pull off a closely watched follow-on share sale, according to people familiar with the matter. The top arrangers — ICICI Securities, Jefferies Financial Group and SBI Capital Markets — will get half of the total fees, while seven other banks will …

India Capital Share Adani

1 year, 10 months ago

Mint Explainer: What the ultra-rich can expect from private debit cards

Live Mint

Recently, IDFC First and Yes Bank launched exclusive debit cards for high-networth and ultra-high networth individuals. To be eligible for Yes Bank’s Private Programme, the customer needs to have a minimum average monthly balance of ₹3 crore in current and savings account plus fixed deposits, or a total relationship value of ₹5 crore at a family level, or a minimum …

Benefits Bank Card Cards Lakh Private Account

1 year, 11 months ago

Networth of richest-1% double of rest of world: Oxfam

Deccan Chronicle

Davos: The richest 1 per cent have bagged nearly twice as much wealth as the rest of the world population put together over the past two years, a new report said on Monday. Releasing the report on the sidelines of the annual congregation of the global elite in this Swiss ski resort town, Oxfam said a tax of up to …

Tax Wealth Billion Tax Cuts Usd Richest Oxfam

2 years, 1 month ago

Amazon boss Jeff Bezos to give away most of $124 billion wealth to charity

Live Mint

Amazon founder Jeff Bezos will donate most of his wealth to charities that focus on climate change and social and political discrimination. In an exclusive interview with CNN, Bezos and his partner, journalist-turned-philanthropist Lauren Sánchez, said they intend to donate the majority of his wealth within his lifetime and currently the couple is “building the capacity to be able to …

Bezos Sánchez His Wealth

2 years, 1 month ago

Tirupati temple richer than Wipro, Nestle, ONGC and Indian oil: Report

Hindustan Times

Tirupati's world famous Lord Venkateswara temple's net worth of over ₹2.5 lakh crore is more than the market capitalisation of IT services firm Wipro, food and beverage company Nestle and state-owned oil giants ONGC and IOC. Swiss multinational food and drink major Nestle's India unit, with a market cap of ₹1.96 lakh crore, too was valued below it. State-owned oil …

India Market Indian Crore Ttd Lakh Nestle

2 years, 1 month ago

Bank of Baroda launches two premium debit cards

Deccan Chronicle

HYDERABAD: Bank of Baroda and Visa on Monday announced the launch of two new premium Debit Cards for Bank of Baroda customers – bob World Opulence - a super-premium Visa Infinite Debit Card and bob World Sapphire - a Visa Signature Debit Card. We are adding two premium debit card offerings to our portfolio and are pleased to enter into …

World Launch Bank Visa Card Cards Customers

2 years, 4 months ago

Rakesh Jhunjhunwala Leaves Behind Rs 32,000-Cr Shareholding: Big Bull Portfolio Attracts Attention

News 18

Rakesh Jhunjhunwala held a networth of about Rs 32,000 crore with shareholding in about 32 companies. He has 17.49 per cent shareholding in Star Health and Allied Insurance Company, 14.43 per cent in Metro Brands, 12.62 per cent in NCC, 10.03 per cent in Nazara Technologies, 9.81 per cent in Rallis India, 8.48 per cent in Bilcare, 8.22 per cent …

Bank Company Crore Cent Tata Titan 6 Per Cent

2 years, 4 months ago

Rakesh Jhunjhunwala's Stock Market Investments: A Look at His Company-Wise, Sector-Wise Holdings

News 18

Rakesh Jhujhunwala Stock Holdings: Ace investor Rakesh Jhunjhunwala, who had the Midas touch in the stock market, has had a very successful career in share trading. Here’s his current stock market holdings in details: Rakesh Jhunjhunwala, having a networth of about Rs 31,800 crore, has shareholdings in about 32 companies, with stakes ranging from below-1 per cent to over 23 …

Stock Crore Cent Titan 6 Per Cent Rakesh Jhunjhunwala

2 years, 4 months ago

Roshni Nadar remains richest Indian woman; Nykaa’s Falguni Nayar top among self-made rich women: Report

The Hindu

HCL Technologies’ chairperson Roshni Nadar Malhotra has retained her position as the richest woman in India, with a 54% jump in her networth to Rs 84,330 crore in 2021. Falguni Nayar, who quit her investment banking career to start the beauty focused brand Nykaa around a decade ago, has emerged as the richest self-made woman with a networth of Rs …

India Women Crore List Rich Richest Nayar

2 years, 7 months ago

LIC IPO subscription closes today | Check status

India Today

The subscription process for LIC's initial public offering is closing on Monday. The initial public offering, which is set to be India's biggest ever initial share sale, has received a positive response so far as all categories were subscribed fully. Shares reserved for non-institutional investors, including high-networth individuals, were subscribed fully, taking the overall subscription of the LIC's IPO to …

India Lic Subscribed Lic Ipo Subscription Closes Ipo Status

3 years ago

RBI imposes Rs 1 crore penalty on One Mobikwik Systems, Spice Money

India TV News

Highlights RBI imposed a penalty of Rs 1 crore each on payment system operators One Mobikwik, Spice Money. RBI said that 2 entities hadn't complied with directions issued on networth requirement for BBPOUs The RBI, however, added that the penalties are based on deficiencies in regulatory compliance The Reserve Bank of India on Thursday said it has imposed a penalty …

Regulatory Compliance Rbi 1 Crore Mobikwik One Mobikwik Spice Money Mobikwik Systems

3 years, 9 months ago

Spectrum Auctions Underway, Radiowaves Valued at Rs 3.92 Lakh Crore Up for Bidding

News 18

Spectrum auction in India began on Monday, with 2,251.25 megahertz radiowaves valued at Rs 3.92 lakh crore up for bidding. Reliance Jio, Bharti Airtel and Vodafone Idea had submitted a total earnest money deposit of Rs 13,475 crore for the spectrum auctions. India's largest telecom company Reliance Jio with a networth of Rs 1.79 lakh crore had submitted EMD of …

India Crore Mhz 800 Mhz Spectrum Auctions

3 years, 9 months ago

Spectrum auction begins; radiowaves valued at Rs 3.92 lakh crore up for bidding

India TV News

Spectrum auction in India began on Monday, with 2,251.25 megahertz radiowaves valued at Rs 3.92 lakh crore up for bidding. Reliance Jio, Bharti Airtel and Vodafone Idea had submitted a total earnest money deposit of Rs 13,475 crore for the spectrum auctions. India's largest telecom company Reliance Jio with a networth of Rs 1.79 lakh crore had submitted EMD of …

India Auction Crore Spectrum Spectrum Auction Mhz 800 Mhz

4 years, 3 months ago

Happiest Minds IPO sees strong response, subscribed over 150 times

Deccan Chronicle

Mumbai: In a major boost to the primary equity market public issues of Happiest Minds Technologies and Route Mobile received huge interest from all categories of investors including the retail investors and both public issues have been fully subscribed. Happiest Minds Rs 702 crore initial public offering has been subscribed 150.98 times on the last day of bidding as per …

Ipo Subscribe Subscribed Happiest Minds

Filters

Search results for networth

Over 15 Per Cent Of Super Rich In India Are Aged Under 30, Says Report

Billionaire blues for Ambani, Adani as networth slips below $100 billion

'If investors wait for a correction of 5-10%, they'll be waiting for long time'

57% of SME IPOs oversubscribed in 2024, HOAC Foods leads pack

Forbes Richest List 2024: India Adds 25 New Billionaires, Mukesh Ambani Tops In India, Gautam Adani At 2

Tech Mahindra to sell its 30% stake in Avion Networks for $50,000

Mukesh Ambani reclaims India's richest man spot from Gautam Adani

Onest IPO: FMCG firm files draft papers with SEBI for issue

Luxury real estate beckons Hyderabad

Philanthropic contributions by India's super rich fall by a third in FY22: Report

Banks pocket $12 million in fees in Adani’s mega share sale

Mint Explainer: What the ultra-rich can expect from private debit cards

Networth of richest-1% double of rest of world: Oxfam

Amazon boss Jeff Bezos to give away most of $124 billion wealth to charity

Tirupati temple richer than Wipro, Nestle, ONGC and Indian oil: Report

Bank of Baroda launches two premium debit cards

Rakesh Jhunjhunwala Leaves Behind Rs 32,000-Cr Shareholding: Big Bull Portfolio Attracts Attention

Rakesh Jhunjhunwala's Stock Market Investments: A Look at His Company-Wise, Sector-Wise Holdings

Roshni Nadar remains richest Indian woman; Nykaa’s Falguni Nayar top among self-made rich women: Report

LIC IPO subscription closes today | Check status

RBI imposes Rs 1 crore penalty on One Mobikwik Systems, Spice Money

Spectrum Auctions Underway, Radiowaves Valued at Rs 3.92 Lakh Crore Up for Bidding

Spectrum auction begins; radiowaves valued at Rs 3.92 lakh crore up for bidding

Happiest Minds IPO sees strong response, subscribed over 150 times