Wealth

  • Congress snubs Suresh Kalmadi, gives Pune ticket to Vishwajeet Kadam 18-03-2014 08:41 PM

    New Delhi: Taking note of Congress Vice President Rahul Gandhi's objection to give election ticket to tainted leaders, the party snubbed Commonwealth Games scam accused Suresh Kalmadi and fielded Vishwajeet Kadam in Pune. Kalmadi is a sitting MP from Pune. Rahul Gandhi, who is heading the Congress poll campaign, had...
  • UK Sikh hotelier to be sued by father over family fortune 18-11-2013 06:19 PM

    A prominent British Sikh hotelier is being sued by his 86-year-old father for abandoning the Sikh tradition of sharing family wealth and excluding him from the 415 million pounds business. Bal Mohinder Singh is suing his eldest son, Jasminder Singh, head of Britain's successful Radisson Blu Edwardian Hotels group, claiming...
  • Sachin Tendulkar is India's richest cricketer: Wealth-X 05-11-2013 05:02 PM

    New Delhi: Legendary batsman Sachin Tendulkar, who is retiring this month, is the country's wealthiest cricket player with a personal fortune of USD 160 million, according to a Wealth-X estimate. "Tendulkar has amassed a fortune that eclipses the combined net worth of the four other cricketers on the list, and...
  • Tendulkar, not Dhoni, is India's wealthiest cricketer: Wealth-X 31-10-2013 02:16 PM

    New Delhi: With a personal fortune of $160 million, Sachin Tendulkar is now India's wealthiest cricketer, ahead of the combined net worth of the next four in the list - MS Dhoni, Yuvraj Singh, Rahul Dravid and Virat Kohli. Wealth-X, considered to have the world's largest collection of curated research...
  • Asia edged out by North America in wealth list 25-09-2013 04:50 PM

    Hong Kong: Some 300,000 people joined Asia's millionaire ranks last year, according to a world wealth report released Wednesday, which also found that the region slipped behind a rebounding North America. The report by CapGemini and Royal Bank of Canada is the latest of several recent surveys highlighting the strong...
  • Tunda could throw light on Hafiz Saeed's anti-India operations: Police 17-08-2013 10:39 PM

    New Delhi: The Delhi Police on Saturday made one of the biggest breakthroughs in terror investigations with the arrest of top Lashkar-e-Toiba bomb expert Abdul Karim Tunda. The police arrested Tunda on Friday from the Indo-Nepal and said that it has confiscated a Pakistani passport from him. ...
  • Cong dares Dhumal to disclose assets, source of income 14-06-2013 12:46 AM

    Shimla: State Congress leaders have dared former Chief Minister Prem Kumar Dhumal and his MP son Anurag Thakur to declare their assets and sources of income. Himachal Pradesh Chief Parliamentary Secretaries Rakesh Kalia, Sohan Lal Thakur, Inderdutt Lakhanpal and Ajay Mahajan, all MLAs, issued a joint statement on Thursday defending...
  • Saudi prince sues Forbes after it says he's only worth $20 bn: Report 08-06-2013 08:21 AM

    London: Saudi billionaire Prince Alwaleed bin Talal has sued Forbes magazine for libel in a British court, alleging its valuation of his wealth at $20 billion was short of the mark by $9.6 billion, Britain's Guardian newspaper reported on Friday. The prince, a grandson of Saudi Arabia's founder and nephew...
  • Badal meets JDU, TMC, AIADMK leaders on wealth tax issue 30-04-2013 12:46 AM

    New Delhi: In a bid to build consensus over immediate roll-back of wealth tax on agriculture land, Punjab Chief Minister Parkash Singh Badal met leaders of Janata Dal (United), Trinamool Congress (TMC) and AIADMK in Delhi on Monday seeking their support for the cause. Badal, accompanied by his deputy and...
  • The secret at the world's most expensive bank 20-11-2012 01:39 AM

    Bangalore: When reports surfaced in July that Indian newspaper publisher Deccan Chronicle Holdings was struggling for survival, several of its creditors were caught off-guard. Not HDFC Bank. Even as Deccan, which also owned a glitzy cricket team, sought to reassure markets that it held enough assets to stave off a...
  • More wealthy people considering leaving Britain 16-10-2011 10:39 PM

    London: Rioting in England over the summer has contributed to an increase in the number of wealthy people considering leaving Britain, a Lloyds TSB International Wealth survey said. The survey of 1,057 people said 17 per cent of those with more than 250,000 pounds (USD 390,424) of savings and investments...
  • CWG: CVC to give fresh cases of corruption to CBI 16-10-2011 12:47 PM

    New Delhi: The CVC will give some more fresh cases to CBI to probe alleged criminal conspiracy and graft by certain government employees in carrying out Commonwealth Games-related works. Sources in the anti-corruption watchdog said large-scale financial and administrative irregularities have been found in about seven cases carried out by...
  • CWG: SC refuses plea to monitor CBI probe 16-09-2011 12:17 PM

    New Delhi: The Supreme Court on Friday refused to entertain a petition seeking monitoring of the CBI probe into alleged corruption cases related to the Commonwealth Games. A bench comprising justices RM Lodha and Gyan Sudha Misra said there was no need to interfere with the investigation by the CBI...
  • Maken writes to PM, calls Mani malicious 08-09-2011 09:38 AM

    New Delhi: Sports Minister Ajay Maken wrote to Prime Minister Manmohan Singh describing his predecessor Mani Shankar Aiyar as malicious and irresponsible. The letter containing all these adjectives was sent to the Prime Minister after he wanted to know the basis of all the letters of complaint written by Aiyar...
  • My family's wealth legally acquired, says Alagiri 07-08-2011 11:29 PM

    Chennai: Union Minister and DMK leader MK Alagiri on Sunday lashed out at a section of media for publishing 'false' reports about his family's wealth to tarnish his image and said he would initiate legal action against it. In a statement on Sunday night, Alagiri, Madurai-based son of DMK chief...
  • Indians may have over $ 2.5 bn in Swiss banks 25-07-2011 07:31 AM

    Geneva: It's official now - Indians hold about $ 2.5 billion (over Rs 11,000 crore) in Swiss banks, but this figure of Switzerland's central bank may be a gross understatement of the total wealth directly and indirectly held there by entities from India. The ever-growing judicial scrutiny and political outcry...
  • CWG Organising Committee fighting 14 legal cases 10-07-2011 09:03 AM

    New Delhi: Already under scanner for irregularities worth crores of rupees, the Commonwealth Games Organising Committee is fighting 14 legal cases filed by several firms and its former employees seeking their dues. According to OC officials, these cases related to the finance department, workforce, catering, merchandising unit, cleaning and waste...
  • FTN: Should the State take over wealth of religious places? 07-07-2011 11:39 PM

    Sagarika Ghose asks a panel of experts if, the State should take over wealth of religious places? ...
  • VG Siddhartha is Branching Out 30-06-2011 05:23 PM

    In 1983, if someone had told coffee baron VG Siddhartha that one day he would own an impressive multi-storied office on Vittal Mallya Road, Bangalores tony residential and shopping address, he would have called them crazy. Siddhartha was then just a rookie analyst at JM Financial and Investment Consultancy. Today...
  • HC discharges Jaya from Wealth Tax case 27-06-2011 09:53 PM

    Chennai: Madras High Court on Monday discharged Tamil Nadu Chief Minister J Jayalalithaa from a case relating to filing of wealth tax returns for 1993-94. Justice PR Shivakumar allowed a revision petition filed by Jayalalithaa against the July 8, 2010, order of the Economic Offences Court-I, dismissing her plea seeking...
  • Asia surpasses Europe in millionaires and wealth 23-06-2011 02:38 AM

    New York: The ranks of millionaires in Asia for the first time surpassed Europe and in a few years are expected to overtake the United States, according to the latest annual Merrill Lynch-Capgemini World Wealth Report. Powered by fast-growing China and India, the Asia-Pacific region's millionaire ranks rose 10 per...
  • CWG scam: Lal's bail plea to be heard on June 6 30-05-2011 06:18 PM

    New Delhi: A Delhi court on Monday deferred till June 6 the hearing on bail plea of former CWG Organising Committee's Deputy Director General Surjeet Lal, arrested for his alleged role in awarding a Games-related contract to a Swiss firm at an exorbitant cost. Special CBI Judge Talwant Singh posted...
  • FTN: Should India's rich flaunt their wealth? 26-05-2011 11:39 PM

    Sagarika Ghose asks a panel of experts if India's rich should flaunt their wealth. ...
  • FTN: Should India's rich flaunt their wealth?

    Tonight at 10, Sagarika Ghose asks a panel of experts if India's rich should flaunt their wealth. ...
  • Reveal your assets, Digvijaya dares Gadkari 02-05-2011 07:11 AM

    Kanpur; Senior Congress leader Digvijaya Singh on Sunday accused BJP president Nitin Gadkari of amassing thousands of crores of rupees and asked him to divulge his sources of income. "The BJP has been accusing Congress of corruption. I ask Gadkari to reveal the sources through which he has amassed thousands...
  • TSR contract was 'pre-decided': Shunglu 01-05-2011 01:16 PM

    New Delhi: The Shunglu Committee has found that senior officials of Commonwealth Games Organising Committee "pre-decided" to choose a Swiss firm for giving the Timing, Scoring and Result (TSR) project "prior to the award of contract". In its report, the Committee was critical on the role of top OC brass...
  • Indian super rich to splurge on jets and yachts 07-04-2011 01:03 PM

    London: Indians are the most likely members of the global super rich to spend more on private jets and yachts over the next five years while Africans and Russians are expected to increase their charitable giving, a survey showed on Wednesday. A poll of 160 advisers at a private bank...