
Aditya Birla Group forays into branded jewellery biz; to invest ₹5,000 cr
New business under venture “Novel Jewels Ltd” will build large-format exclusive jewellery retail stores across India
New business under venture “Novel Jewels Ltd” will build large-format exclusive jewellery retail stores across India
KM Birla has returned to the board of Vi as an additional director (non-executive and non-independent) with effect from April 20, 2023.
With India opening up trade and investment, forming new alliances and reaffirming old ones, Birla believes that the country will have a unique place in the global economy.
During the year, the cumulative personal donations grew by 50% to ₹3,097 crore, despite a fall in contributions towards philanthropy in 2022.
Adani Group’s Gautam Adani is India’s richest man, followed by Mukesh Ambani and Shapoor Mistry & Cyrus Mistry Family at second and third positions.
What’s striking about Adani’s rise is the significant lead he has over Mukesh Ambani, who is second at $94.57 bn (₹7.54 lakh crore).
Global presence across multiple businesses ensures that he is readying the business for perpetuity.
The top 10 of India’s richest control ₹31.71 lakh crore ($397 billion) of wealth among the $832 billion (₹66.36 lakh crore) managed by 142 dollar billionaires
Grasim will launch its paints in early 2024. Grasim's capacity target of 1.3 billion litres is huge, considering Asian Paints' 1.73 billion litres capacity in FY20.
Reports on government looking to convert up to 70% stake in Vodafone Idea have been rubbished by officials.