It was a challenging year for the nation’s wealthiest. Under the Narendra Modi-led government, which returned to power for a second term with a thumping majority in May, economic growth slowed to 5%, a six-year low. As consumer demand slumped, sectors such as automobiles and consumer goods announced layoffs and production cuts. To boost sentiment, the government, in September, said it would reduce the corporate tax rate to 22% from 30%. Despite the turmoil, a few charged ahead. Mukesh Ambani remains the richest Indian for the 12th year in a row. He added $4.1 billion to his net worth as Jio, a three-year old telecom unit of his Reliance Industries, became one of India’s biggest mobile carriers with 340 million subscribers.
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It\'s very interesting that Forbes published the richest one but I feel more to know about the poorest one from that Forbes.
on Oct 12, 2019A good read of the listings enriched !!
on Oct 12, 2019Adorable, admirable & all riches to emulate these great men who donated all their wealth & resources for the cause of poor. Yet, there are some who does exactly same, but on a scale much larger & greater, as hundred percent of their personal wealth has given in the cause of uplifting the poor & marginalised and economically backward from rural. Single point agenda, to provide top quality life & give them Pre degree (Pre med, Pre Engg, Pre degree) and ensure a life ahead without loans, High fees, and to see education in top most college education free. Further, he is working for a social change of gender discrimination, equal opportunity, remove dowry & high interest loans from underprivileged of the society. He is GHIASUDDIN BABUKHAN, a philanthropist, businessman, social reformer, who stands tall in this city of Hyderabad & working for economically weaker from Rural Masses through his initiatives Trusts FEED, HZCT & GBKCT. A single point agenda to prepare the young & bright from poorest of poor from the rural area to make them stand in the front lines of TOP QUALITY Architure, Medical, IIT/NIT, CA CPT & NALAAR , he believes once you put them into these deletes in merit, they will take care of their life & bring a change which is unmatched.
on Dec 5, 2019