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India Election Result: Narendra Modi Sweeps To Victory, Indian Stocks Soar
The exit polls seem to have made the right call on India’s federal elections in which a record 550 million people cast their votes to select the country’s new prime minister: their choice is Narendra...
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Thailand’s 50 Richest 2014: Some Win, Some Lose Amid Political Strife
Agribusiness tycoon Dhanin Chearavanont was Thailand’s biggest dealmaker last year, spending a combined $16 billion to buy stakes in Chinese insurer Ping An Insurance and cash-and-carry wholesaler...
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Thailand’s Renewable Energy Surge
Thailand’s electricity generation has so far kept pace with rising demand, up 44% in the last decade. Some 70% of it is from imported natural gas. To reduce this dependence, officials have been pushing...
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Thai Tycoons Develop Taste For Regional Expansion
These days Rit Thirakomen, 62, is on the move, seeking new markets and acquisition targets for his family’s MK Restaurant Group, best known for its popular chain of sukiyaki restaurants, where...
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Indian Billionaire Wealth Gets ‘Modi-fied’ Boost As Optimism Fuels Market Surge
On a recent visit to Dhaka, Bangladesh, I was asked more than once how things were in a Modi-fied India. The question related to life under the 13-day government of business-friendly prime minister...
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Nita Ambani, India’s Most Powerful Woman?
Ending years of speculation, Nita Ambani, wife of Reliance Industries’ chairman Mukesh Ambani, India’s richest person, joined the board of the oil and gas giant after shareholders approved her...
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Singapore’s 50 Richest Score Big Gains Amid Buying Binge
Reclusive paint tycoon Goh Cheng Liang’s Wuthelam Group gave up its bid last year to gain control of Japan’s Nippon Paint but not without gain. After complex negotiations led by Goh’s U.S.-educated...
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Soilbuild’s Lim Chap Huat Dodges Property Downturn
At night, not far from the hustle and bustle of Singapore’s Orchard Road shopping strip, clusters of newly built, up market residential towers sit mostly dark for lack of occupants. After the...
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Vaccine Billionaire Cyrus Poonawalla Joins Race For London’s Grosvenor House...
Cash-rich pharma billionaire Cyrus Poonawalla who got wealthy making low-cost vaccines that his Serum Institute of India sells around the world, has put in a $937 million bid for London’s Grosvenor...
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Donald Trump Descends On India
On a recent evening, the great and the good (and the rich) of Pune, a fast rising city close to Mumbai, gathered at the JW Marriott Hotel to get acquainted with the world according to Donald Trump. The...
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Bangladesh’s Apex Group Emerges As Shoemaker To The World
To see a different face of Bangladesh manufacturing, a country that has earned notoriety with its ready-made garment plants, one drives 25 miles north of Dhaka city to Gazipur district. Amid a...
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Bangladesh’s Footwear Industry Is Making Tracks
Blue Ocean Footwear’s four-story factory, designed by noted Bangladeshi architect Bashirul Haq, an expert on building safety standards, is located close to Apex’s factory site in Gazipur. It has 4,000...
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How Rahul Bhatia Built InterGlobe And Its Airline IndiGo Into A Class Act
In early October InterGlobe Enterprises, a $2.6 billion (revenues) travel and hospitality group, best known for its efficient budget airline IndiGo, will have completed 25 years. No huge celebrations...
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For The First Time, India’s 100 Richest Of 2014 Are All Billionaires
After the Bharatiya Janata Party’s landslide victory in May’s federal election, Prime Minister Narendra Modi famously tweeted that “good days are here.” Indeed, they’re back with a bang for India’s...
View ArticleMining Magnate Anil Agarwal Reaffirms Pledge To Join Ranks of India’s Most...
Billionaire Anil Agarwal who founded and chairs London-listed Vedanta Resources is a prominent name among India’s richest to commit to parting with a chunk of their wealth. Five years ago, Agarwal had...
View Article22 Year-Old Twins Of India’s Richest Man Mukesh Ambani Get Board Seats
Mukesh Ambani, India’s richest person (net worth:$22.1 billion) is making moves to ensure that the next generation retains management control of the family empire. This past weekend, the boards of...
View ArticleMangal Prabhat Lodha Is India’s Richest Property Baron As Kushal Pal Singh’s...
Kushal Pal Singh, once the world’s richest property baron worth $35 billion, has seen his wealth steadily erode since he took his Delhi-based firm DLF public in 2007. But Singh had all along held on to...
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Singapore Property Magnate Raj Kumar And Son Kishin RK Get Urge To Merge
Dynamic father-and-son pair Raj Kumar and Kishin RK, created a stir in Singapore real estate this week by announcing their plan to merge their respective property firms, Royal Holdings and RB Capital....
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Indorama’s Amit Lohia Is The Prince Of Polyester
Indian-born Indonesian billionaire Sri Prakash Lohia chairs the $2 billion (revenues) Indorama Corp., a petrochemicals powerhouse with roots in a modest yarns business called Indorama Synthetics, which...
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Billionaire Banker Uday Kotak Enters Top League After Scooping Up ING Vysya...
It was no secret that Uday Kotak, India’s wealthiest self-made banker (net worth: $6.8 billion), had been scouting around for an acquisition. But few could have guessed that Kotak, one of the country’s...
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