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10 Richest NRIs On Hurun India Rich List 2024

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10 Richest NRIs On Hurun India Rich List 2024

Gopichand Hinduja and family have a net worth of more than Rs 1.92 lakh crore. (File)

New Delhi:
Gopichand Hinduja and family are the richest Non-Resident Indians (NRIs) according to the 2024 Hurun India rich list. There are 102 NRIs in this year’s list, of which 72% are self-made, the list showed.

Here are the top 10 richest NRIs in the list:

  1. Gopichand Hinduja and family: Gopichand Hinduja and family of the Hinduja Group have a net worth of more than Rs 1.92 lakh crore, topping the rich list for 2024. They live in London.

  2. LN Mittal and family: With a fortune of Rs 1.6 lakh crore, LN Mittal and family are the second wealthiest NRIs living in the UK. LN Mittal is the executive chairman of ArcelorMittal, one of the world’s largest steel making companies.

  3. Anil Agarwal and family: They have a fortune of Rs 1.11 lakh crore and reside in the UK. Anil Agarwal is the founder and chairman of Vedanta Resources Limited, a natural resources conglomerate.

  4. Shapoor Pallonji Mistry: The 60-year-old controls the 157-year-old engineering and construction giant Shapoorji Pallonji Group. With a total wealth of Rs 91,400 crore, he lives in the western European country of Monaco.

  5. Jay Chaudhry: The Indian-American tech entrepreneur is the CEO and founder of cloud security company Zscaler. He has a total wealth of Rs 88,600 crore. He lives in the city of San Jose in California.

  6. Sri Prakash Lohia: The founder and chairman of petrochemical and textile company Indorama Corporation has a fortune of Rs 73,100 crore. He is a resident of London.

  7. Vivek Chaand Sehgal and family: Vivek Chaand Sehgal has amassed a wealth of Rs 62,600 crore. He is the founder of Samvardhana Motherson International, an auto parts manufacturer, and lives in Dubai.

  8. Yusuff Ali MA: The chairman of Lulu Group has a fortune of Rs 55,000 crore and lives in Abu Dhabi. Lulu Group owns Lulu hypermarket chains and Lulu shopping malls worldwide.

  9. Rakesh Gangwal & family: The co-founder of IndiGo airline has a wealth of Rs 37,400 crore. He lives in Miami.

  10. Romesh T Wadhwani: He is the former chairman and CEO of Symphony Technology Group, a private equity firm for technology services. He has a net worth of Rs 36,900 crore and lives in Palo Alto in California.
     

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10 Richest NRIs On Hurun India Rich List 2024

admin 0

10 Richest NRIs On Hurun India Rich List 2024

Gopichand Hinduja and family have a net worth of more than Rs 1.92 lakh crore. (File)

New Delhi:
Gopichand Hinduja and family are the richest Non-Resident Indians (NRIs) according to the 2024 Hurun India rich list. There are 102 NRIs in this year’s list, of which 72% are self-made, the list showed.

Here are the top 10 richest NRIs in the list:

  1. Gopichand Hinduja and family: Gopichand Hinduja and family of the Hinduja Group have a net worth of more than Rs 1.92 lakh crore, topping the rich list for 2024. They live in London.

  2. LN Mittal and family: With a fortune of Rs 1.6 lakh crore, LN Mittal and family are the second wealthiest NRIs living in the UK. LN Mittal is the executive chairman of ArcelorMittal, one of the world’s largest steel making companies.

  3. Anil Agarwal and family: They have a fortune of Rs 1.11 lakh crore and reside in the UK. Anil Agarwal is the founder and chairman of Vedanta Resources Limited, a natural resources conglomerate.

  4. Shapoor Pallonji Mistry: The 60-year-old controls the 157-year-old engineering and construction giant Shapoorji Pallonji Group. With a total wealth of Rs 91,400 crore, he lives in the western European country of Monaco.

  5. Jay Chaudhry: The Indian-American tech entrepreneur is the CEO and founder of cloud security company Zscaler. He has a total wealth of Rs 88,600 crore. He lives in the city of San Jose in California.

  6. Sri Prakash Lohia: The founder and chairman of petrochemical and textile company Indorama Corporation has a fortune of Rs 73,100 crore. He is a resident of London.

  7. Vivek Chaand Sehgal and family: Vivek Chaand Sehgal has amassed a wealth of Rs 62,600 crore. He is the founder of Samvardhana Motherson International, an auto parts manufacturer, and lives in Dubai.

  8. Yusuff Ali MA: The chairman of Lulu Group has a fortune of Rs 55,000 crore and lives in Abu Dhabi. Lulu Group owns Lulu hypermarket chains and Lulu shopping malls worldwide.

  9. Rakesh Gangwal & family: The co-founder of IndiGo airline has a wealth of Rs 37,400 crore. He lives in Miami.

  10. Romesh T Wadhwani: He is the former chairman and CEO of Symphony Technology Group, a private equity firm for technology services. He has a net worth of Rs 36,900 crore and lives in Palo Alto in California.
     

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Stealth Disease Claims Four Lives In Milan, Origin Remains A Mystery

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Stealth Disease Claims Four Lives In Milan, Origin Remains A Mystery

Legionnaires’ disease, a serious pneumonia caused by the Legionella bacteria.

A recent outbreak of Legionnaires’ disease in Milan, Italy, has killed at least four people and hospitalised several dozen more, according to The Metro. The health authorities say that at least 53 cases have been confirmed in two regions inside the Milan metropolitan area of a severe lung infection.

In response, local authorities are taking urgent measures to control the situation, including deploying chemicals to disinfect the city’s water supply. However, despite extensive testing of water supply systems in private residences and cooling towers, the exact source of the outbreak remains unidentified, according to the news report.

The continuous investigation of finding the source of infection has left the city in great suspense, and sensitivity has developed regarding what efforts should be present to prevent further cases.

What is Legionnaires’ disease?

According to a Washington Post report, Legionnaires’ is a serious form of pneumonia caused by the bacteria Legionella. The pathogen can also cause Pontiac fever, a flu-like illness considered to be a less serious disease.

The bacteria was first discovered decades ago when a mysterious illness sickened dozens attending a 1976 convention of the American Legion in Philadelphia. In that outbreak, 221 people were infected, and 34 died.

The disease initially alarmed health officials, who feared the sickness might spread beyond the conferencegoers. Ultimately, scientists found the bacteria bred in the water of a cooling tower of the air-conditioning system at the Bellevue-Stratford Hotel, where the conference was being held.

How does Legionnaires’ disease spread?

Legionella grow in biofilms lining water pipes, pipes that lead to showers, drinking faucets, and HVAC systems for cooling, said Panagis Galiatsatos, an associate professor of medicine in pulmonary and critical care medicine at the Sidney Kimmel Comprehensive Cancer Centre at Johns Hopkins University.

Legionella can even grow in the tanks that hold windscreen wiper fluid in a car, according to the Centres for Disease Control and Prevention.

People can become infected by breathing in mist or swallowing water into the lungs that’s contaminated with the bacteria. “Less commonly, people can get sick by aspiration of drinking water containing Legionella,” a CDC spokeswoman said Tuesday.

Business

Rupee gains 9 paise to 83.88 against US dollar in early trade-Telangana Today

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Forex traders noted that the market is awaiting the US GDP and Personal Consumption Expenditure (PCE) inflation data. These data points are crucial as they could influence the Federal Reserve’s decision on whether to implement a 25 or 50 basis point rate cut at its September meeting.

Published Date – 29 August 2024, 12:20 PM


Rupee gains 9 paise to 83.88 against US dollar in early trade


Mumbai: Rupee appreciated 9 paise to 83.88 against the US dollar in morning trade on Thursday, supported by the weakness of the American currency in the overseas market and a positive trend in domestic equities.

Forex traders said market is awaiting cues from the US GDP and the US Personal Consumption Expenditure (PCE) inflation data, as this data point is crucial as it could sway the Federal Reserve’s decision on whether to implement a 25 or 50 basis point rate cut at its September meeting.

At the interbank foreign exchange market, the local unit opened at 83.92, then gained ground to touch 83.88, registering a rise of 9 paise from its previous close.

On Wednesday, the rupee depreciated 4 paise to close at 83.97 against the American currency.

“The rupee is in the midst of a tug-of-war between positive and negative factors. With the Reserve Bank firmly in control, the rupee is expected to trade within a narrow range in the near term, with the upside likely capped around 83.80 and strong support near 84.05,” CR Forex Advisors MD Amit Pabari said.

Most Asian currencies were range-bound as market awaited for the US GDP and PCE data with IDR at 15412, KRW at 1335 and CNH at 7.1278, said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was down 0.16 per cent to 100.92 points.

Brent crude, the international benchmark, gained 0.06 per cent to USD 78.70 per barrel in futures trade.

In the domestic equity market, the 30-share BSE Sensex advanced 211.91 points, or 0.26 per cent, to 81,997.47 points, while the Nifty was up 52.85 points, or 0.21 per cent, to 25,105.20 points.

Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Wednesday, as they offloaded shares worth Rs 1,347.53 crore, according to exchange data.

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KWDT-II finalises 40 draft issues for hearing

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The Krishna Water Disputes Tribunal will conduct hearings where the concerned states- Telangana and Andhra Pradesh will present their arguments and evidence regarding the water-sharing disputes.

Published Date – 29 August 2024, 10:00 PM


KWDT-II finalises 40 draft issues for hearing


Hyderabad: The Krishna Water Disputes Tribunal (KWDT-II) on Friday finalised 40 draft issues with which it will proceed as part of the process of hearing and arguments.

The tribunal will conduct hearings where the concerned states- Telangana and Andhra Pradesh will present their arguments and evidence regarding the water-sharing disputes.

The tribunal will review the submissions and analyze the data, including historical water usage, basin parameters, and future needs. Based on the hearings and analysis, the KWDT-II will issue a final award.

This award will detail the allocation of Krishna river water among the states, ensuring an equitable distribution. The tribunal’s final award will be implemented by the respective states.

There will also be mechanisms in place to monitor compliance and address any future disputes. These steps are crucial for resolving the long-standing water-sharing issues and ensuring fair distribution among the states involved.

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Pezeshkian: Iran’s policy is peace but to change tack under pressure

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President Masoud Pezeshkian says Iran condemns any aggression in the world, stressing that the Islamic Republic’s principled policy is to foster peace and friendship, prevent tensions and interact with world countries.

“The Islamic Republic of Iran has always tried to spread peace and friendship, condemned aggression anywhere in the world, and is ready to cooperate to stop wars, violence and insecurity in the world,” Pezeshkian told Norwegian Prime Minister Jonas Gahr Støre over phone. 

The Iranian president criticized the US for violating the 2015 nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), and complained about the European parties’ failure to fulfill their obligations under the accord.

“The Islamic Republic of Iran fulfilled all its obligations under the JCPOA, but it was the United States that, in addition to breaking the agreement and unilateral withdrawal from it resorted to increasing pressure and sanctions against our country and nation and the European countries unfortunately did not implement even one clause of their commitments, contrary to expectations,” Pezeshkian noted.

“Our policy is peace and friendship, avoiding tension and conflict, and interacting and expanding relations with all the countries of the world, but if our country is forced to do something under sanctions and pressure, then our approach and behavior will definitely move in another direction,” he added.

He denounced the double standards of the US and certain Western countries vis-à-vis human rights and democracy. 

“America and some Western countries accuse other countries of violating human rights because of the mistreatment of one person, but they are not only silent toward the bloodshed against tens of thousands of innocent women, children, young and old in Gaza and the bombing of civilian areas, schools and hospitals by the Zionist regime, they also provide financial support and weapons to this regime. Which criterion and logic is this compatible with?”

Pezeshkian appreciated the positions of the Norwegian government in support of the Palestinian nation, calling on the Norwegian prime minister to work more closely with other European countries to immediately stop Israeli atrocities against oppressed Palestinians in Gaza.

For his part, the Norwegian prime minister described relations between Oslo and Tehran as friendly and historical, stating that Norway has always considered Iran as a friend and wished for the development and prosperity of the Iranian nation and will continue to do so.

Støre also expressed concern about the uptick in tensions in the West Asia region, especially Israeli offensives against the residents of the besieged Gaza Strip.

“We have condemned Israel’s war against Gaza and its disastrous consequences. Norway, along with Ireland and Spain, was among the first European countries to have recognized the Palestinian people’s right to establish an independent state. We hope these bitter and unfortunate developments will come to an end as soon as possible,” he noted.

India

Kerala Court grants Malayalam actor Mukesh interim protection from arrest

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The court has granted a five-day reprieve and will consider his anticipatory bail plea on September 3.

Published Date – 29 August 2024, 05:14 PM


Kerala Court grants Malayalam actor Mukesh interim protection from arrest

Malayalam Actor M Mukesh

Hyderabad: The Ernakulam Principal Sessions Court has interim stayed the arrest of Malayalam actor and Kollam MLA Mukesh in a sexual assault case.

The court has granted a five-day reprieve and will consider his anticipatory bail plea on September 3. Mukesh faces serious non-bailable charges, including rape, filed by a female Malayalam actor.

He has been booked under multiple sections of the Indian Penal Code: Section 376 (rape), Section 354 (assault or criminal force to a woman with intent to outrage her modesty), Section 509 (word, gesture, or act intended to insult a woman’s modesty), and Section 454 (trespassing).

Hyderabad

Five-member gang held for SIM card fraud in Hyderabad

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The police asked the people to verify with SIM card providers about the total SIM cards obtained by submitting their Aadhar cards if they get any suspicion.

Published Date – 29 August 2024, 09:18 PM


Five-member gang held for SIM card fraud in Hyderabad


Hyderabad: A five member gang, allegedly involved in supplying SIM cards to cyber fraudsters after obtaining them fraudulently by submitting documents of common people, was arrested by the Hyderabad police on Thursday. The police seized around 1750 pre-activated SIM cards from them.

Acting on a tip off, the Hyderabad Commissioner’s Task Force (East) team along with Abid Road police caught Sura Venkatesh, N Imam Saddam Hussain, Danam Vijay Kumar, G Govardhan and Balakrishnan Manikanda.

According to the police, Venkatesh was purchasing the SIM cards from Hussain for a price of Rs. 400 each and supplying to Vijay Kumar and the latter sold it to Manikanda for Rs. 800 each. Manikanda supplied it to Cambodia based fraudsters at high price.

“Hussain runs a mobile phone shop in Kadapa in AP. He collected the documents from customers for providing SIM cards. While, he handed over one SIM card to the customer, he obtained one more SIM by submitting the same document and sold to Manikanda,” said Y V S Sudheendra, DCP Task Force.

The police asked the people to verify with SIM card providers about the total SIM cards obtained by submitting their Aadhar cards if they get any suspicion.

World

Zionist regime needs to await big surprises: al-Houthi

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Secretary General of Yemen’s Ansarullah Movement Abdul-Malik al-Houthi delivered a speech on Thursday about the latest developments in the region, especially the continued aggression of the Zionist regime in the Gaza Strip and the West Bank.

The developments in the Gaza Strip and its expansion to the West Bank are solid evidence that once again showed the true nature of the Zionist enemy, he said, adding that Israeli invasion of the West Bank in the occupied territories and Gaza Strip shows the real process of drawing a new scene in Palestine with the support of the United States.

The continuation of the Zionist regime’s crime with all their assertiveness and genocide is a disgrace for the mankind, al-Houthi emphasized. 

He also referred to the desecration of the Holy Quran by the Zionist forces in one of the mosques in the north of Gaza Strip and stated, “Whoever remains indifferent towards the Zionist forces’ tearing the Holy Quran, has no faith. Anyone who neglects the holy things and neglects them may also neglect their reputation, honor and country, and this is a dangerous situation that Muslims should reconsider it.”

The Secretary General of Yemen’s Ansarullah Movement pointed out that the Palestinian people in the Gaza Strip are suffering from severe and continuous hunger and famine, while some Arab regimes are providing food to the enemy.

In order to deceive public opinion, the US government claims to support the ceasefire negotiations in the Gaza Strip, but its deception is evident and it [US] does not stop providing Israeli regime with the most lethal types of weapons to kill children and women in Gaza, the leader of Yemen’s Ansarullah Resistance Movement added.

Al Houthi further said that the Yemeni armed forces will continue to increase their military capabilities, warning the Zionist regime to await big surprises.

He further said that the sailing of the ships related to the Zionist regime, the UK, and the US in the Red Sea has decreased significantly, adding that the Yemeni armed forces will see no limit to the extent of their operations in support of Palestinians.

“Big surprises are on the way that the enemy does not expect,” the Ansarullah leader further stressed.

Al Houthi further said that Iran’s response to the martyrdom of Ismail Haniyeh, the Hamas political chief, is definite, adding that preparations for the retaliation agains tthe Israeli enemy is underway and the response time will be surprising to the regime. 

KI/MA/6210780/FNA telgram