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Mumbai’s Business Maharajas Splurge On Heritage Mansions
In September vaccine billionaire Cyrus Poonawalla stirred up Mumbai’s comatose real estate market with the $110 million purchase of Lincoln House, a heritage property in south Mumbai. The...
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Amid Big Drops, 12 New Faces Appear On India’s 100 Richest
Mukesh Ambani took an $8 billion hit with brother Anil. A group of top industrialists, bankers and economists were recently summoned to New Delhi by Prime Minister Narendra Modi to brainstorm on...
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India’s Business Hero, Brijmohan Lall Munjal, Dies At 92.
Brijmohan Lall Munjal, chairman emeritus of Bombay Stock Exchange-listed Hero MotoCorp, maker of the popular Hero range of motorcycles and scooters, died Sunday after a brief illness. He was 92. His...
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Making Infant Wear With Care Is Child’s Play For India’s Kitex Garments
With its scenic beaches and backwaters, the southern Indian state of Kerala is better known as a tourist paradise than an industrial hot spot. But in a small town east of the city of Kochi is a...
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India’s Devita Saraf Steps Out To Become A ‘Model’ CEO
Today’s front page of the Times of India newspaper, India’s largest English daily, featured a full-page advertisement for Vu televisions announcing the launch of its TVs with a Netflix button on the...
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Business Tycoons Named For India’s Top Civilian Awards
On the eve of the country’s Republic Day tomorrow, India’s highest civilian awards, which are conferred by the President of India, have just been announced. The list of 112 recipients of the Padma...
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Indian Farmers’ Champion, Bhavarlal Jain, Dies At 78
Bhavarlal Jain, founder of pioneering micro-irrigation firm Jain Irrigation Systems, died Thursday after a brief illness in Mumbai. Jain, who owned 30% in the Bombay Stock Exchange-listed firm, had...
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Founders Of IndiGo, India’s Biggest Airline, Enter Billionaire Ranks Post-IPO
The October IPO of InterGlobe Aviation, the holding outfit of IndiGo, India’s largest and most profitable airline, created three new candidates for the Forbes billionaires list: father and son pair...
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Vijay Mallya Goes Down Partying
As the banks closed in on Vijay Mallya and urged his arrest, the Indian liquor magnate’s penchant for ‘good times’ has brought the bad times upon him, say some of his closest friends. Weeks after the...
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India’s Rich And Famous Named In Panama Papers
The reverberations of the Panama Papers bombshell are being felt in India after The Indian Express, an English daily newspaper that is one of 100 reporting partners of the International Consortium of...
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Meet Nita Ambani, The First Lady Of Indian Business
Ahead of its wider public rollout of much-awaited 4G phone service, Reliance Jio Infocomm, the telecom arm of oil and gas giant Reliance Industries, held a December soft launch at a sprawling 500-acre...
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Singapore Property Billionaires Fall Out Over Iconic Project
The disputed Singapore Capitol Singapore’s normally placid business circles were shaken and stirred last week when listed firm Perennial Real Estate Holdings disclosed that it has gone to court to wind...
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Thailand’s Rising Stars Are On The Road To Riches
Itthipat Peeradechapan These four go-getters, all of them self-made, are rising fast and have the potential to break into the top 50 ranks of the country’s richest: Itthipat Peeradechapan is the...
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Thailand’s SEC Causes Tremors As It Cracks Down On Insider Trading
Witoon Suriyawanakul. Credit: Bangkok Post In 2012, some months before an arm of Siam Cement acquired a stake in building-materials retailer Siam Global House, Witoon Suriyawanakul, founder of Siam...
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Thailand’s 50 Richest 2016: Growth Pangs Spur Tycoons To Go On A Buying Binge
Tos Chirathivat. Credit: Athit Perawongmetha/Reuters With soaring household debt and an economy crawling along at 2.8% in 2015, Thailand has become a nation of reluctant shoppers. To boost domestic...
View ArticleBillionaire Oei Hong Leong’s Buddhist Treasures
[dam_gallery] Four decades ago, when he moved to Singapore, Oei Hong Leong started buying Buddhist artifacts as decorative pieces for his home. Then still in his 20s, he had the wherewithal–his father,...
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Singapore Rich List 2016: Top 50 Fortunes Stay Steady Amid Slowdown
In a post-Brexit world, with riskier or trade-related assets under pressure, Singapore is bracing itself for another year of tepid growth. The island state’s export-led economy is expected to inch...
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Mukesh Ambani Declares Telecom War With Reliance Jio’s Debut
Starting September 5, India’s hyper-competitive telecom market, which has notched up 1 billion wireless subscribers to date, will have to contend with the big bang entry of a new player with deep...
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As India’s Richest Make Big Gains, The Entry Price To The Top 100 Touches...
Sunil Mittal: price-war static. Credit: Chesnot/Getty Images The September launch of Jio, the long-awaited 4G phone service of oil and gas giant Reliance Industries, unleashed a price war in India’s...
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Five Rising Entrepreneurs To Watch
Radhika Aggarwal. Some of India’s more celebrated entrepreneurs have yet to reach the richest 100 threshold. Here are five looming in the wings. Radhika & Sandeep Aggarwal, 41, 43, returned from...
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