Sunday, July 26, 2020
Man gets First Dose Of India's Covid Vaccine As Human Trial Begins
Wednesday, July 22, 2020
Mukesh Ambani Now World's Fifth Richest, Just After Mark Zuckerberg
The 63-year-old is now worth $74.6 billion, surpassing Berkshire Hathaway’s chief executive Buffett’s $72.7 billion as of Wednesday, according to the Forbes’ billionaires’ list.
Mukesh Ambani, the chairperson of Reliance Industries Ltd, is now the world’s richest man after surging past Warren Buffet, according to Forbes.
The 63-year-old is now worth $74.6 billion, surpassing Berkshire Hathaway’s chief executive Buffett’s $72.7 billion as of Wednesday, according to the Forbes’ billionaires’ list.
Mukesh Ambani has seen a string of deals for his digital business and shares of his conglomerate have more than doubled since a low in March.
All
this came after RIL’s Jio Platforms got more than $15 billion in
investments from companies including Facebook Inc and Silver Lake.
And last week, Google agreed to buy a $4.5 billion stake in Jio Platforms Ltd, adding to a series of large US investments into an online venture that has nearly 400 million users in India.
The search engine will acquire 7.7% of the fast-growing internet unit for Rs 337.4 billion.
Amazon’s Jeff Bezos leads the list with $185.8 billion, followed by Bill Gates of Microsoft with $113.1 billion of wealth.
Bernard Arnault and family, the chairperson and chief executive of luxury brand LVMH is the third on the list with a wealth of $111.8 billion. Facebook’s Mark Zuckerberg is the fourth richest with a net worth of $89 billion.
Friday, July 17, 2020
Indian pharma industry can make COVID-19 vaccines for entire world: Bill Gates
Indian pharma industry can make COVID-19 vaccines for entire world:Gates
Send $1000, I send back $2000:Hackers post from Gates, Musk's Twitter accounts
I'm Sushant's girlfriend, please initiate CBI enquiry: Rhea to Amit Shah
10-year-old boy steals 10 lakh from MP bank in 30 seconds
Boy gets 90 stitches after saving sister from dog, named Boxing 'World Champion'
All railway routes to be 100% electrified in 3.5 yrs: Piyush Goyal
NASA shares closest pictures of the Sun taken by Solar Orbiter
Thursday, July 16, 2020
Ambani loses $2.6bn, drops 4 places on Bloomberg rich list after AGM
- During the Reliance Annual General Meeting, the stocks of the company fell by over 6%, making Ambani lose over $2.5 billion in wealth.
- Ambani with a total wealth of $69 billion, has fallen behind Warren Buffet, Larry Page, Elon Musk, Sergey Brin all of whom he had beaten just in the last few days.
- During the AGM, Ambani also spoke about the delay in the deal with Saudi Aramco, which could have triggered the fall in stocks.
“One of the key reasons for the stock to correct post the AGM was the management's commentary that the Saudi Aramco deal has not progressed as per expectations and that the company will spin off their O2C business into a separate subsidiary. RIL and Saudi Aramco had signed a non-binding letter of intent in August 2019 wherein Saudi Aramco was looking at picking up a 20% stake in the O2C business at an enterprise value of $75 billion,” Jyoti Roy, DVP- Equity Strategist at Angel Broking told Business Today.
Daily coronavirus cases cross record 32k-mark in India, recoveries cross 6L
Wednesday, July 15, 2020
Up to 20 people allowed at weddings, 10 at family functions: MP govt
CBSE Class 10 exam results announced, over 91% students pass
Jio has created 5G solution from scratch, can launch next year: Ambani














