Author: News Desk

Selling shares can either lead to wealth or loss, depending on market conditions, timing, and investment strategies. Girish Mathrubootham, co-founder and executive chairman of the SaaS firm Freshworks, is a prime example. In December 2024, he sold nearly 2.5 million shares, earning $39.6 million (Rs 336.41 crore). The sales occurred over multiple transactions with prices ranging from $15.33 to $16.50 per share. Despite facing challenges, including his 12th-grade failure and relatives labeling him a “rickshaw puller,” Mathrubootham remained motivated. After a successful career at HCL and Zoho, where he rose to Vice President, he founded Freshworks in 2010. Under his…

Deepak Agarwal, the Managing Director and Executive Director of Bikaji Foods International, is a prominent figure in the Indian food industry. As of December 10, the company boasts a market capitalization of Rs 21,430 crore. Deepak is the son of Shivratan Agarwal, the founder and chairman of Bikaji Foods, who has a net worth of USD 1.9 billion, according to Forbes. Bikaji Foods’ Journey Founded in 1986 as Shivdeep Products, the company combined the names of Deepak and his father. The Bikaji brand was launched in 1993. Deepak has been an integral part of the company since 2002, managing day-to-day…

Imagine a young boy from a poor family who grows up to create a car brand that becomes synonymous with wealth, luxury, and excellence. This is the extraordinary journey of Henry Royce, the man behind Rolls-Royce. Starting from delivering newspapers, Royce went on to design engines that powered planes and cars, revolutionizing the automobile industry with his vision and innovation. Early Struggles and Determination Born into Hardship Henry Royce was born on March 27, 1863, in Alwalton, England, to a family struggling financially. At just nine years old, his father passed away, and young Royce had to take up various…

On March 6, 2024, Prime Minister Narendra Modi inaugurated India’s first underwater metro, a groundbreaking achievement in the country’s transportation infrastructure. This metro line is part of the Kolkata Metro’s Esplanade route and features a unique underwater section beneath the Hooghly River. Connecting Howrah and Salt Lake City The metro connects Howrah and Salt Lake City, two major urban hubs separated by the Hooghly River. The total length of the metro line is 16.5 kilometers, with a 4.8-kilometer stretch running underneath the river. This underwater route provides a faster, more efficient way for commuters to travel across the city. Cost and Construction Built at an estimated cost…

In bustling cities like Delhi-NCR and Bengaluru, traffic congestion is a daily challenge, with commuters often losing 20-25 minutes just to reach the office. In places like Bengaluru, the situation is even more severe, where people spend significant portions of their lives stuck in traffic. Catching a train or flight often means leaving home much earlier than necessary, just to avoid the unpredictability of traffic jams. The Agony of Being Stuck A brief traffic jam is enough to test anyone’s patience, but imagine being stuck in one for an entire day. Even an hour-long jam can drive you to frustration.…

2024 marked the loss of some of India’s most influential corporate figures, including Ratan Tata, whose passing left a deep impact on the business community. Alongside Tata, several other notable personalities from the world of business and economy were mourned in 2024. Ratan Tata: A Visionary Leader’s Legacy Ratan Tata, one of India’s most prominent industrialists, passed away in October 2024. Under his leadership, the Tata Group, which was worth $4 billion when he took charge, grew into a $77 billion conglomerate by the time he retired in 2012. Today, the Tata Group is valued at $400 billion. Tata was…

Private jets are a symbol of luxury, and many of India’s most prominent figures own some of the world’s most expensive and sophisticated aircraft. From business magnates to Bollywood icons, these private jets come with exclusive features and lavish interiors that cater to the ultimate comfort. Here’s a look inside the jets of Ratan Tata, Mukesh Ambani, Vijay Mallya, Shah Rukh Khan, and more. Mukesh Ambani’s Boeing 737 MAX 9 Mukesh Ambani’s $100 million Boeing 737 MAX 9 is a flying palace. This state-of-the-art jet is designed with personalized interiors, offering unmatched luxury and cutting-edge technology. Vijay Mallya’s Airbus A319…

Shantanu Deshpande, the Founder and CEO of Bombay Shaving Company, has made significant strides in the men’s grooming industry. With his entrepreneurial spirit and determination, Deshpande has built a brand that stands as one of the top players in India’s grooming market. While the exact details of his net worth remain somewhat elusive, Deshpande’s holdings in Bombay Shaving Company and the company’s impressive growth trajectory provide insight into his financial success. Shantanu Deshpande’s Net Worth: Estimated Figures As of June 2023, Shantanu Deshpande holds a 21.1% stake in Bombay Shaving Company, which has an estimated unrealized value of ₹167.4 crore…

A Historic Feat at Jawaharlal Nehru StadiumIn a remarkable display of cultural pride, Mollywood actress Divya Unni led a team of 11,600 Bharatanatyam dancers to achieve a Guinness World Record. The event took place on Sunday, December 29, at Kochi’s Jawaharlal Nehru Stadium, surpassing the previous record of 10,176 dancers. A Global Collaboration of TalentThe event brought together over 550 dance teachers from around the world, along with performers as young as 7 years old. Renowned dancer-actors including Paris Laxmi, Vidya Unni, and Uthara Unni also participated. Clad in elegant silk blue saris, the dancers formed a clockwise circle around…

Ronnie Screwvala, born on September 8, 1956, in Mumbai, is a celebrated film producer, businessman, and philanthropist. With a net worth of $1.55 billion (approximately Rs 13,000 crore), he is Bollywood’s richest individual, surpassing well-known names like Karan Johar and Aditya Chopra. A Pioneering Entrepreneur Ronnie’s business journey began in the 1970s with a company producing toothbrushes. However, it was in the 1980s that he made his mark in the Indian film industry. He also revolutionized India’s television landscape by introducing cable TV when Doordarshan was the only available content provider. The Rise of UTV Software Communications In 1990, Ronnie…