Mukesh Ambani is now is 13th richest in world: Forbes

Agencies
March 6, 2019

New York/New Delhi, Mar 6: Richest Indian Mukesh Ambani jumped six positions to rank 13th on Forbes World's Billionaire list released on Tuesday that was again topped by Jeff Bezos.

E-commerce colossus Amazon founder Bezos, 55, remains the world's richest person, ahead of Bill Gates and Warren Buffett, as his riches swelled by USD 19 billion in one year and is now worth USD 131 billion, Forbes said.

Ambani, 61, saw wealth soar from USD 40.1 billion in 2018 when he was placed 19th richest in the world, to USD 50 billion to be rank at 13th in 2019.

"Ambani chairs and runs USD 60 billion (revenue) oil and gas giant Reliance Industries, among India's most valuable companies," Forbes said. "In 2016, Reliance sparked a price war in India's hyper-competitive telecom market with the launch of 4G phone service Jio."

Jio, it said, has signed on 280 million customers by offering free domestic voice calls, dirt-cheap data services and virtually free smartphones.

Ambani leads the 106 billionaires from India on the Forbes list. Wipro Chairman Azim Premji is ranked 36th with a net worth of $22.6 billion dollars. Technology major HCL's co-founder Shiv Nadar, ranked 82nd and ArcelorMittal Chairman and CEO Lakshmi Mittal at the 91st rank come in within the top-100 billionaires in the world.

The list of Indian billionaires includes Aditya Birla Group Chairman Kumar Birla (122), Chairman and founder of the Adani Group Gautam Adani (167), Bharti Airtel head Sunil Mittal (244), co-founder of consumer goods giant Patanjali Ayurveda Acharya Balkrishna (365), Piramal Entreprises Chair Ajay Piramal (436), Biocon founder Kiran Mazumdar-Shaw (617), Infosys co-founder N R Narayana Murthy (962) and RCom chairman Reliance Anil Ambani (1349).

Facebook founder Mark Zuckerberg dropped three spots and former New York mayor Michael Bloomberg rose by two.

Gates, 63, saw his wealth grow to USD 96.5 billion, up from USD 90 billion last year while investment guru Buffett, 88, at third position saw fortunes slipping by USD 1.5 billion to USD 82.5 billion, the magazine said.

Ambani was placed at the 33rd position on the 2017 listing of Forbes.

Forbes said he is the richest Indian and ranked 32nd on the 2018 Powerful People listing of the magazine. He was ranked Global Game Changer in 2017.

Bernard Arnault, CEO of French luxury good company, LVMH, held on to fourth places while Zuckerberg lost USD 9 billion in networth to slip from fifth the to eighth position.

Ahead of Zuckerberg now are Mexican tycoon Carlos Slim, Zara and Inditex founder Amancio Ortega of Spain and Oracle co-founder Larry Ellison.

Forbes said the "list is a snapshot of wealth using stock prices and exchange rates from February 8, 2019."

Some people become richer or poorer within days of publication.

"We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire's spouse and children if that person is the founder of the fortune," it said.

The 33rd annual ranking has 2,153 billionaires on the 2019 list, down from 2,208 in 2018. The total combined net worth of this year's billionaires is USD 8.7 trillion, down from USD 9.1 trillion in 2018, Forbes said.

"This represents the first decrease in billionaires and their combined wealth since 2016 and only the second decrease in the past decade," it said. "A record 994 individuals are worth less than a year ago; last year only 360 members got poorer. The average net worth of this year's billionaires is USD 4 billion, down from USD 4.1 billion in 2018."

Of the total, 1,450 members are self-made.

For this year's list, Forbes said "capitalism is taking some lumps" as for only the second year in a decade, both the number of billionaires and their total wealth shrank, "proving that even the wealthiest are not immune to economic forces and weak stock markets".

Among the regions, Asia-Pacific was the hardest hit, with 60 fewer 10-figure fortunes. That dip was led by China, which has 49 fewer billionaires than a year ago, Forbes said adding that Europe, the Middle East and Africa also lost ground.

The Americas, driven by a resurgent Brazil, and the US are the only two regions that have more billionaires than they did a year ago. There are now a record 609 in the U.S, including 14 of the world’s 20 richest.

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News Network
February 26,2020

New Delhi, Feb 26: Calling the recent violence in Delhi as 'planned conspiracy', Sonia Gandhi on Wednesday demanded Union Home Minister Amit Shah's resignation over the clashes that left 20 people dead in two days.

"CWC (Congress Working Committee) believes Home Minister and Centre is responsible. The Home Minister should tender his resignation with immediate effect," the Congress party's interim chief told reporters here.

Violent clashes erupted between pro and anti-CAA groups in parts of northeast Delhi on Monday, leading to widespread vandalism and arson for over two days.

While many blamed police for inaction to control the mobs, Union Home Minister Amit Shah met the top brass of Delhi Police, Chief Minister Arvind Kejriwal, LG Anil Baijal and directed the officials to control the situation.

Gandhi blamed both the Central and the Delhi governments, saying the administration did not take adequate steps on time to curb violence in the national capital.

"Chief Minister Arvind Kejriwal and Center is equally responsible for not activating the administration to reach out to the people to maintain peace and harmony," Sonia added.

The death toll in the violence rose to 20 on Wednesday, according to GTB hospital authorities.

Government sources told ANI that the National Security Advisor (NSA) Ajit Doval has been given the charge of bringing normalcy in the capital.

Sources also said that Doval will brief Prime Minister Narendra Modi and the Cabinet about the prevailing situation.

The NSA last night visited Jaffrabad, Seelampur and other parts of northeast Delhi where he held talks with leaders of different communities.

Without naming any leader, the Congress interim president also targeted the leaders of the Bharatiya Janata Party for making inflammatory statements saying that "there is a conspiracy behind the violence, country also saw this during Delhi elections. Many BJP leaders made inciting comments creating an atmosphere of fear and hatred."

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Agencies
August 7,2020

New Delhi, Aug 7: India's COVID-19 cases tally crossed 20 lakh mark with the highest single-day spike of 62,538 cases on Friday, said Union Ministry of Health and Family Welfare.

The COVID-19 tally rises to 20,27,075 including 6,07,384 active cases, 13,78,106 cured/discharged/migrated and 41,585 deaths, according to the Ministry of Health.

Maharashtra with 1,46,268 active cases and 3,05,521 cured and discharged patients continues to be the worst affected. The state has also reported 16,476 deaths due to the infection.

Tamil Nadu has 54,184 active cases while 2,14,815 patients have been discharged after treatment in the state. 4,461 deaths have been reported due to COVID-19 in the state.

Andhra Pradesh with 80,426 active cases is the third on the list. There are 1,04,354 cured and discharged patients and 1,681 deaths reported from the state.

Delhi now has 10,072 active cases and 1,26,116 cured and discharged patients. 4,044 people have lost their lives due to the disease in the Union Territory so far. 

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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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