Author: News Desk
Rafaela Aponte-Diamant stands out as one of the world’s wealthiest self-made women, according to Forbes’ 2024 billionaires list. While notable figures like Cloudflare cofounder Michelle Zatlyn, Advanced Micro Devices CEO Lisa Su, and pop star Taylor Swift have amassed impressive fortunes, Rafaela Aponte-Diamant’s wealth significantly eclipses theirs. A Staggering Net Worth At 79 years old, Rafaela commands a net worth of $33 billion, placing her as the seventh-wealthiest woman globally and the 48th richest person overall. Her immense fortune is primarily derived from her 50% ownership of the Mediterranean Shipping Company (MSC), which she co-founded with her husband, Gianluigi Aponte, in 1970. The Founding of MSC…
Baba Ziauddin Siddique, a prominent politician and social worker, was tragically shot dead in Mumbai’s Bandra area at the age of 66. Originally from Bihar, Siddique was known for his luxurious lifestyle and substantial assets. He had a distinguished political career with the Congress party, serving in various ministerial roles in Maharashtra. Net Worth Overview As per his affidavit filed before the Maharashtra Election 2014, Siddique’s total assets were approximately ₹76 crore, while his liabilities stood at around ₹23 crore. Public records from MyNeta indicate that there were no criminal cases against him. Movable Assets Siddique’s movable assets were valued…
Nita Ambani has made headlines with a spectacular gift for her daughter-in-law, Radhika Merchant. The Ambani family’s latest gesture is a grand mansion in Dubai, highlighting their penchant for opulence and luxury. A Grand Gift: The Dubai Mansion In a stunning display of generosity, Nita Ambani has gifted Radhika Merchant a magnificent mansion in Dubai, valued at Rs. 640 crores. Located in the exclusive Palm Jumeirah area, this property is one of the most expensive in the city. The mansion offers an impressive 70-metre private beach, providing Radhika with an unparalleled level of privacy and luxury. Extravagant Features of the Mansion The mansion is designed to…
Chennai-based Indium, an AI-driven digital engineering company backed by the private equity firm EQT, has announced a definitive agreement to acquire a majority stake in Kochi-based Experion. Experion is a global product engineering services company with a diverse clientele across North America, the UK, Europe, Australia, and Japan. This acquisition will allow Indium to expand its workforce from 3,500 to 5,000 employees by adding 1,500 new roles. The merger aims to combine Experion’s comprehensive product engineering expertise,from ideation to market launch, with Indium’s advanced data and AI capabilities. This strategic collaboration is set to empower clients in various industries, including…
The UAE’s Federal Authority for Identity, Citizenship, Customs, and Ports Security (ICP) has introduced a major update for Indian nationals. Now, Indian citizens holding valid visas or residence permits for the European Union (EU), the United States (US), or the United Kingdom (UK) can receive a visa-on-arrival when entering the UAE. Previous Visa Requirements Earlier, only Indian nationals with residence permits in the US, UK, and EU could benefit from this facility. Under the new rules, Indian passport holders with regular passports are now eligible for a visa-on-arrival at any UAE entry point, provided they meet specific conditions. Eligibility Conditions…
While most children focus on school grades and friendships, Shravan and Sanjay Kumaran have taken a different path. These exceptional brothers became India’s youngest co-founders and CEOs while still in school, making waves in the tech industry. Early Beginnings and GoDimensions At ages 10 and 12, Shravan and Sanjay Kumaran launched their company, GoDimensions, from their home in Chennai in 2011. Sanjay took on the role of CEO, and Shravan became the President. Their venture quickly gained recognition, with seven mobile apps that reached users in over 50 countries. Early Inspiration and Development Their passion for programming was nurtured by their father, Kumaran Surendran, who introduced…
The Dhingra Brothers, Kuldip Singh Dhingra and Gurbachan Singh Dhingra, have significantly shaped Berger Paints’ success in the paint industry. By 2023, Berger Paints achieved revenues of ₹10,619 crore, establishing itself as India’s second-largest paint company, behind Asian Paints. The company’s reach extends internationally, including countries like Russia, Poland, Nepal, and Bangladesh. Leadership and Net Worth Kuldip Singh Dhingra serves as Chairman of Berger Paints, while Gurbachan Singh Dhingra is the Vice Chairman. According to Forbes, their combined net worth is $8.2 billion (approximately ₹68,467 crore). The Dhingra family’s involvement in the paint industry dates back to 1898, and their substantial wealth reflects their long-standing influence. Business Growth and International Expansion After graduating from…
Global Village, the popular seasonal attraction in Dubai, opened its doors for the 29th season on October 16, delighting crowds with Emirati yola dancers, quirky clowns, gold streamers, and drummers creating a festive atmosphere. With plans to remain open until May 11 next year, the park aims to surpass last season’s impressive 10 million visitors. This year, Global Village introduces three new pavilions featuring Iraq, Jordan, Sri Lanka, and Bangladesh, adding to its diverse cultural offerings. Visitors can explore 30 themed pavilions representing various countries, each showcasing cultural performances, dining options, and unique shopping experiences. The Jordan pavilion features Levantine…
India’s iron ore exports have emerged as a significant force behind the country’s economic growth, aligning closely with the ‘Made in India’ campaign. As one of the largest exporters of iron ore globally, India is leveraging its vast mineral reserves and export potential to enhance its industrial footprint and global trade influence. The iron ore sector is critical to many industries, including manufacturing, infrastructure, and construction, making it an essential driver of the national economy. Record Iron Ore Exports in 2023-24 In the fiscal year 2023-24, India exported 47.8 million metric tons of iron ore, marking a three-year high. This…
Juhi Chawla holds the title of India’s richest actress, boasting a remarkable net worth of ₹4,600 crore. This wealth places her ahead of other prominent actresses such as Aishwarya Rai Bachchan and Priyanka Chopra. Juhi’s fortune is largely attributed to her successful business ventures, including co-founding the Red Chillies Group and co-owning IPL cricket teams, along with an impressive real estate portfolio. The 1990s marked a significant shift in the Indian film industry, as actors began earning over ₹1 crore per film, leading to increased endorsements and wealth. Many stars, including Juhi, became millionaires by launching successful businesses. Interestingly, despite…