According to the Centre for Economics and Business Research, India’s progress toward becoming the third economic powerhouse and reaching the $10 trillion milestone by 2035 appears “unstoppable” (CEBR). India’s yearly GDP growth rate is anticipated to average 6.4% over the following five years before increasing to an average 6.5% over the following nine years. According […]
India’s most prominent business tycoon died in 2022. The list given below: Rakesh Jhunjhunwala Rakesh Jhunjhunwala, 62, died on August 14, 2022, in Mumbai. He was dubbed India’s Warren Buffett. He was a chartered accountant as well as a trader. He was Aptech and Hungama Media’s chairman. Rahul Bajaj Rahul Bajaj, the former chairman of […]
In order to boost women’s economic development in India, the Mahindra Group and the Bill & Melinda Gates Foundation have signed a memorandum of cooperation. The Mumbai-based multinational firm said in a statement that the two-year memorandum of cooperation (MOU) represents an important step toward realising its environmental, social, and governance (ESG) pledge to have […]
BVR Mohan Reddy is the Executive Chairman of Cyient, which is based on engineering, networks, and operations. He is the Chairman of NASSCOM, the Board of Governors of IIT in Hyderabad, and a member of the Board of NIIT University. He was also the Chairman of the Confederation of Indian Industry (CII) in the southern […]
As of 2022, 8,000 HNIs (high net worth individuals) have left India. In terms of HNI movements, the nation comes in third place, after only China and Russia (15,050 and 10,000 respectively). HNIs are those with a net worth of $1 million or more. Following India, with 3,000 and 2,800 millionaires each, Hong Kong and […]
Baba Saheb Neel Kanth Kalyani, generally known as Baba Kalyani, is the director and managing director of Bharat Forge. Name Baba Saheb Neel Kanth Kalyani Born 07/01/1949 Education Birla Institute of Technology and Science – Pilani Nationality Indian Children Amit Award Padma Bhushan – 2008 Early life and education Babasaheb Neelkanth Kalyani was born on […]
According to a statement released by the Adani Group here today, employees from operational areas including production, maintenance, and quality would be transferred to three grinding plants at Ropar, Bathinda, and Nalagarh and three integrated units at Marwar Mundwa, Rabriyawas, and Lakheri. On December 15, the Adani Group shut down production at ACL, Darlaghat, and […]
According to sources, Mumbai-based NBFC Cosmea Financial Holdings withdrew from the competition to purchase the heavily indebted Reliance Capital Ltd (RCL) through an insolvency managed bid procedure. Sources claim Piramal Group is still interested in the auction process notwithstanding Cosmea and Piramal Group’s attempt to purchase the former company of the Anil Ambani Group. Sources […]
Venu Srinivasan is an industrialist from India. In India’s Tamil Nadu state, he was born in Chennai. He is the chairman and managing director of one of India’s largest two-wheeler manufacturers, TVS Motor Company. He attended the Guindy College of Engineering at Purdue University for his schooling. He married Mallika Srinivasan, and they have two […]