News stories about "billionaire" in India.

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Elon Musk ordered to testify in SEC's Twitter probe

(Reuters) - A federal judge ordered Elon Musk to testify again in the U.S. Securities and Exchange Commission's probe of his Twitter takeover, giving the regulator and the billionaire a week to agree Key Points

ThePrint

Daily brief: Deported from Dubai, Lawrence Bishnoi's key aide arrested by NIA

Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from the Hindustan Times. | Latest News India Key Points

Hindustan Times

10 Quotes by Richard DeVos on Entrepreneurship and Leadership

Richard Marvin DeVos Sr. was an American billionaire businessman, co-founder of Amway with Jay Van Andel, and owner of the Orlando Magic basketball team. Key Points

Times of India

10 Quotes by Shiv Nadar on Entrepreneurship and Innovation

Shiv Nadar is an Indian billionaire industrialist and philanthropist. He is the founder and chairman emeritus of HCL Technologies and the Shiv Nadar Foundation. Key Points

Times of India

billionaire Mukesh Ambani’s Reliance Industries (RIL) has stock analysts most bullish in seven years

Analysts are at their most bullish on billionaire Mukesh Ambani’s Reliance Industries Ltd. since January 2016 amid a dip in the share price of India’s largest company. Key Points

mint

10 Quotes by Mukesh Ambani on Entrepreneurship and Innovation

Indian billionaire Mukesh Dhirubhai Ambani is the heir to the Reliance Industries empire. He is the chairman and managing director of Reliance Industries and the eldest son of Dhirubhai Ambani. Key Points

Times of India

How Old Were Elon Musk Kylie Jenner Others When They Became Billionaires

Success has no age limit. You can achieve success in life whether you are 20 years old or when you are 50 years old. It is indeed feasible! Some people have a quick route to success, while others have a long one. Key Points

Times of India

Landmark Group CEO Renuka Jagtiani among Forbes' 265 ‘New Billionaires’

From India, Renuka Jagtiani, the CEO of e-commerce conglomerate Landmark Group, joins the Billionaires list with a net worth of $4.8 billion. Key Points

Hindustan Times

Byju Raveendran's net worth plummets to zero, as per Forbes billionaire Index 2024; Here're others who fel

Forbes' billionaire Index 2024 highlights a drastic decline in Byju Raveendran's net worth, plummeting from ₹17,545 crore ($2.1 billion) to zero. This sharp downfall follows crises within his startup, Byju's, once valued at $22 billion. The company's financial woes, including a staggering net loss exceeding $1 billion, led to a significant devaluation, with BlackRock marking its worth at just $1 billion. Shareholders recently voted to remove Raveendran as CEO amidst ongoing challenges. Key Points

Economic Times

Elon Musk backs India for permanent UNSC seat

American billionaire and X owner Elon Musk has spoken in favour of India being given a permanent seat on the UN Security Council (UNSC). “At some point,... Key Points

The Tribune India

'Billionaire Bunker': Only richest billionaires like Jeff Bezos, Ivanka Trump can buy home in Florida's In

Florida's Indian Creek Village is also known as 'Billionaire Bunker'. It has long been known for its incredibly deep-pocketed residents. They include Jeff Bezos, Ivanka Trump, hedge fund king Ken Griffin, Tom Brady, Carl Icahn, Eddie Lampert and singer David Guetta. Know about the enclave of the super-rich. Key Points

Economic Times

Steered Mahindra group for half-century, took it to stupendous heights

The country’s oldest billionaire Keshub Mahindra, whose surname is synonymous with SUVs in India, passed away peacefully in his sleep in Mumbai on Wednesday. He was 99. Key Points

The Tribune India

Mark Zuckerberg raising cows by feeding them dry fruits and beer, says he wants to create world’s best beef

Billionaire Mark Zuckerberg ventures into sustainable beef production, raising eyebrows and sparking debate. While he touts the environmental benefits of his 'farm-to-table' approach, critics argue the ultimate aim is still to kill the cattle for meat. Key Points

India Today

47 out of 50 states in the US are home to atleast one billionaire

The total wealth of the top ranked billionaires in each state of USA ( a total of 54 persons due to ties) amounts to $1.5 trillion. | World News Key Points

Hindustan Times

Oil and gas should not be demonized: Elon Musk

It is important to reduce carbon emissions to preserve the planet, but oil and natural gas should not be demonized in the medium-term, Elon Musk said on Saturday. Earlier this week representatives from nearly 200 countries agreed at the COP28 climate summit to begin reducing global consumption of fossil fuels to avert the worst of climate change, signalling the eventual end of the oil age. Climate change alarm is exaggerated in the short term, the US billionaire said, adding that the environmental movement may have gone too far, causing people to lose faith in the future. Key Points

Economic Times

Go Air troubles mount as billionaire-backed Indian airline nears collapse

India Business News: Go Airlines India Ltd.'s CEO Kaushik Khona quit due to the carrier's inability to resume operations and unpaid staff. The airline has canceled all fli Key Points

Times Of India

Musk's xAI set to launch first AI model to select group

Elon Musk's artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire and Tesla (TSLA.O) CEO said on Friday. Key Points

Reuters

Reliance Jio posts slowest profit, revenue growth in six quarters

Reliance Jio Infocomm, the telecom arm of Indian billionaire Mukesh Ambani's Reliance Industries (RELI.NS), reported its slowest profit and revenue growth in six quarters on Friday, hit by higher expenses and a lack of recent tariff hikes. Key Points

Reuters

Foreign holdings in Reliance rises from six-year low on spinoff

Foreign ownership in billionaire Mukesh Ambanis company rose to 22.55% in the three-months ended June after dipping to the lowest level since 2017 earlier this year, according to the latest shareholding filed by the firm on Thursday. A recent special session that saw Jio Financial Services Ltd. valued at about $20 billion also helped sentiment in Reliance, which has risen more than 26% from a low in March. Key Points

Economic Times

Adani saw massive $60.2 billion wealth erosion amid Hindenburg row as Elon Musk, Mark Zuckerberg led $852 billion surge

Gautam Adani saw the highest wealth erosion in the first half of 2023 due to a bombshell report accusing his conglomerate of fraud. The report lopped off close to $150 billion in market value and Adani posted the biggest one-day loss of any billionaire. Key Points

mint

billionaire Infosys founder Narayana Murthy to double private firm’s investments

The money manager of billionaire Infosys Ltd. founder Narayana Murthy will hire professionals and double its $1 billion in investments in the next five years, betting India will emerge as a high-quality manufacturing hub. Key Points

Economic Times

Where is Jack Ma? Alibaba co-founder is now a teacher, joins Tokyo University

Alibaba Group’s founder, Jack Ma, is now a visiting professor at a new Tokyo college. He will be teaching students in various areas such as advising on important research themes and more. Key Points

India Today

Rekha Jhunjhunwala to Rohiqa Cyrus Mistry: Here are India’s richest women and their net worth as per Forbes’ latest list of billionaires

Forbes has reported that India's billionaire list for 2023 now includes 16 newcomers, out of which three are women. Among these women, two have inherited their fortunes. Let’s take a look at the country’s richest women. Key Points

Financialexpress

Adani Ports and SEZ closes FY23 with 9% growth

New Delhi: billionaire Gautam Adani’s Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday reported 9% growth in cargo handling at seaports it operates for fiscal year ended March 31. At 339 million tonne, this is the largest port cargo ever, APSEZ said in a statement. The firm handl Key Points

The Tribune India