Author: News Desk

A computer operator earning Rs 13,000 a month shocked Maharashtra authorities by allegedly siphoning off Rs 21 crore from a state-run sports complex, showcasing the alarming rise in financial frauds. A Bold Scheme by a Contract Worker Harshal Kumar Kshirsagar, a 23-year-old contractual employee, masterminded the fraud at the divisional sports complex in Chhatrapati Sambhajinagar. Using a forged letterhead and a cleverly altered email ID, Harshal gained access to the bank account linked to the sports complex and activated internet banking. Over five months, he transferred Rs 21.6 crore into 13 accounts. Luxury Purchases Highlight Brazen Misuse The stolen money…

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Dr. Manmohan Singh, one of India’s most respected politicians, served as Prime Minister from 2004 to 2014. Known for his economic vision,ManmohanSingh was instrumental in India’s economic liberalization as Finance Minister in PV Narasimha Rao’s government. His policies laid the foundation for India’s rapid economic growth. Net Worth and Assets in 2018 In 2018, while filing his nomination for the Rajya Sabha,Dr Manmohan Singh disclosed his total assets in an affidavit. His net worth was valued at Rs 15.77 crore, including residential properties and investments. Key details from the affidavit include: Real Estate and Vehicle Dr. Manmohanv Singh owned properties…

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Pankaj Oswal, a trailblazing businessman, has made a mark in the global fertilizer industry through his sharp entrepreneurial skills and innovative strategies. His ventures have not only expanded the Oswal Group’s reach but also firmly established his reputation as a key player in the sector. Oswal’s net worth, estimated in billions, underscores his financial prowess and strategic investments. Beyond the fertilizer industry, he has diversified into various sectors, amplifying his wealth and influence. His ventures in Europe and Australia are particularly noteworthy, as they have significantly contributed to his global standing. A considerable portion of Oswal’s wealth is tied to…

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Lakshmi Venu has established herself as a powerful leader in Indian business, steering her family’s legacy with modern strategies and an innovative vision. Born into the prominent TVS Group family, her journey reflects determination, intellect, and forward-thinking leadership. Leading Sundaram Clayton Limited (SCL) In 2010, Lakshmi Venu became the Joint Managing Director of Sundaram Clayton Limited (SCL), a leading manufacturer of automobile components under the TVS Group, founded by her great-grandfather, T.V. Sundaram Iyengar. She played a crucial role in expanding SCL’s global reach, taking it into new markets and achieving significant growth. Academic Excellence and Strategic Vision Lakshmi Venu…

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Anand Mahindra, the chairman of Mahindra Group, has established a thriving business empire worth Rs 1.9 lakh crore, gaining fame not only for his industrial success but also for his active presence on social media. Despite his widespread recognition, very little is known about his family, a contrast to the wealth of information about his professional ventures. A Private Family Life Anand Mahindra is married to Anuradha, a former journalist who later founded the popular magazines Verve and Man’s World. Currently, she serves as the editor of both. Together, they have two daughters, Divya and Aalika, who live abroad and…

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India has established itself as the world’s 3rd largest startup hub, emerging as a vibrant ecosystem for innovation and entrepreneurship. With over 100 unicorns, the Indian startup landscape is shaping the future of job creation and economic growth. Notably, more than 73,000 startups with at least one woman director have been recognized under the Startup India Initiative, highlighting the crucial role of women in driving growth. The Evolution of India’s Startup Ecosystem In the past decade, India’s entrepreneurial spirit has undergone a massive transformation. Cities like Bengaluru, Hyderabad, Mumbai, and Delhi-NCR have become innovation hubs. Affordable internet access and a…

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India’s celebrated Olympic medalist PV Sindhu recently married tech mogul Venkata Datta Sai in a private ceremony in Udaipur on December 22, 2024. The couple’s union has captured the public’s attention, not only for its significance but also for their remarkable achievements and combined net worth. Sindhu’s Path to Stability After the wedding, Sindhu shared her reasons for marrying after the Paris Olympics, revealing that she longed for stability in her life. She emphasized that marriage represented the security she needed to perform better in her career. “Competing at the highest level is incredibly demanding, and having that sense of…

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Abu Dhabi is set to launch the world’s first flying taxi service by late 2025, in collaboration with Archer Aviation. This groundbreaking project aims to reduce travel times by up to 80%, providing a fast and eco-friendly commuting option. The flying taxis will be based on Archer’s electric vertical takeoff and landing (eVTOL) aircraft, specifically the Midnight model, which will carry up to four passengers between designated ‘vertiports’ in the city. The Vision Behind the Flying Taxi Initiative Abu Dhabi’s unique geography, with its 200 islands, makes it an ideal location for flying taxis. The city’s infrastructure is being rapidly…

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Aakash Institute founder Aakash Chaudhry has garnered support from leading names in the consumer tech space, including Zomato’s Deepinder Goyal and Zerodha’s Nithin Kamath. As reported by The Economic Times, Kamath’s Rainmatter fund, known for its focus on fintech and sustainability, joined Goyal in contributing to a $4 million seed funding round for Chaudhry’s latest venture, Sparkl Edventure. Additional high-profile investors are expected to join this funding round. Collaboration with Meritnation Founders Launched in October, Sparkl is a partnership between Chaudhry and Meritnation.com founders Pavan Chauhan and Ritesh Hemrajani. Meritnation, acquired by Chaudhry’s family business, Aakash Educational Services Ltd (AESL),…

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Shoaib Akhtar, the former cricketer renowned for his blistering pace, has set his sights on a new goal: becoming Pakistan’s first billionaire in US dollars. Known for his boldness, Akhtar has transitioned from cricket to business ventures, including real estate and broadcasting, accumulating substantial wealth. Aiming for the Top In a candid podcast on the TNKS channel, Shoaib Akhtar shared his ambition to surpass the wealth of Pakistan itself, asserting, “I am serious about this, not joking.” He revealed his plans to be the first Pakistani billionaire in US dollars. Today, Akhtar is one of the wealthiest former cricketers in…

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