Mukesh Ambani becomes first Indian to enter top 10 of Hurun Global Rich List

Agencies
February 27, 2019

Reliance Industries Chairman and Managing Director Mukesh Ambani has become the first Indian to enter the global top 10 richest billionaire list compiled by Hurun Research.

According to the Hurun Global Rich List 2019 released on Tuesday, Ambani broke into the top 10 in the world for the first time after a $9 billion or20 per cent surge in his wealth to $54 billion.

"The only Asian in the Top 10, Ambani's wealth is based on telecom, retail and energy, and bucked the poor stock market trend in India last year," Hurun Research said in a statement.

"Ambani's flagship Reliance Jio Infocomm announced the launch of international roaming between India and Japan, a first for India's 4G mobile operators to provide VoLTE-based international roaming services in India."

As per the statement, the company expanded its investment in the entertainment sector with acquisitions worth $700 million in Hathway and Den.

"In December, Ambani made world headlines with the high-profile wedding of his daughter Isha, 27, and topped the Hurun India Philanthropy List 2018.

According to the Hurun Global Rich List 2019, India has 104 billionaires. Last year, the country had added 32 billionaires, but this year it lost 28.

"India drops to 5th spot with 104 billionaires, 28 less than last year. With $54 billion, Mukesh Ambani, 61, of Reliance is the richest person in India," the report said.

"Pharmaceuticals, TMT and FMCG led the way, with 18, 15 and 10 billionaires each. Mumbai and New Delhi are the billionaire capitals of the country with 42 and 25 finding residence there.

"The average age was 62, 2 less than the average of the total list. Total wealth is $347 billion. Indian billionaires lost one-fourth of their wealth amounting to $107 billion; 28 lost their billionaire status owing to 10 per cent depreciation of the rupee and below average performance of the capital market," Hurun Research said.

Amazon founder Jeff Bezos tops the list for the second time with a net worth of $147 billion, followed by Microsoft founder Bill Gates with a wealth of $96 billion. With a net worth of $88 billion, Warren Buffet, chairman of Berkshire Hathaway is at the third slot followed by LVMH's Bernard Arnault.

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News Network
March 11,2020

New Delhi, Mar 11: A doctor in Kerala on Tuesday alleged that she was sacked by the management of the private clinic she was working with for informing authorities about a non-resident Indian (NRI) patient who reportedly declined to undergo the mandatory check for coronavirus.

Dr Shinu Syamalan said the patient had come to the clinic recently with suspected symptoms of the virus.

"When he was asked whether he had visited any foreign countries, he said he was coming from Qatar. But he had not reported to the Health department about his foreign trip," she said.

When he was directed to inform about his foreign travel to the state Health Department, which has been monitoring people coming from abroad for the virus, he refused and said he was going back to Qatar, she told reporters.

Concerned over the health of the person who had high fever, Ms Syamalan informed health and police authorities.

"Officials who let the patient go abroad do not have any problem, but I have become jobless," she posted on social media.

She alleged she was sacked by the management of the clinic for reporting the matter to police and informing the public about the incident through social media and through television.

"The argument of the management is that no one would turn up for treatment in the clinic if they come to know that it was visited by patients with suspected symptoms of Coronavirus," she said.

There was no immediate reaction from the management of the private health clinic.

Official sources said the District Medical Officer (DMO) at Thrissur has complained to the collector against Shinu Syamalan accusing her of defaming health officials.

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News Network
March 31,2020

New Delhi, Mar 31: The total number of coronavirus cases in India has risen to 1,397 after 146 new patients were reported in the last 24-hours, the Ministry of Health and Family Welfare said on Tuesday.

Of this little less than 1,400 cases, there are 1,238 active while 124 cured. The total figure also includes 35 fatalities.

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Agencies
March 10,2020

Bhopal, Mar 10: The number of MLAs who have resigned from the Congress in Madhya Pradesh climbed to 20 on Tuesday afternoon with another legislator quitting the ruling party, sources said.

While 19 MLAs, most of them believed to be loyal to expelled party leader Jyotiraditya Scindia, have sent their resignation letters via e-mail to Raj Bhavan, Bisahulal Singh submitted his resignation letter as an MLA to the Assembly speaker.

"We have received resignations of 19 MLAs through e-mails with attachments," a Raj Bhawan official told PTI.

Sources in Congress produced a copy of Bisahulal Singh's resignation letter which he submitted to the speaker.

Former chief minister and senior BJP leader later announced that Singh (65) has joined the BJP.

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