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Mukesh Ambani tops 200 Indians on Forbes World s Billionaires list

Mukesh Ambani tops 200 Indians on Forbes World s Billionaires list
americanbazaaronline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbazaaronline.com Daily Mail and Mail on Sunday newspapers.

Indian Billionaires Soar To Record Highs

India sets another record on Forbes’ World’s Billionaires list, with 200 names, a cumulative total nearing a trillion dollars and Asia’s very first centibillionaire.

14 Years After RTI Activist Satish Shetty s Murder, a Small Win in Family s Fight for Justice

14 Years After RTI Activist Satish Shetty s Murder, a Small Win in Family s Fight for Justice
thewire.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewire.in Daily Mail and Mail on Sunday newspapers.

India Inc leans on InvITs to reduce debt, generate returns for investors

Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and generate returns for their investors. Earlier this month, IRB Infrastructure InvIT was listed on the National Stock Exchange, giving its investors an option to exit by selling their units. The listing came within months of the Securities and Exchange Board of India s (Sebi s) guidelines for conversion of private unlisted InvITs into listed ones were issued.

IRB Infra looks to raise ₹5,347 crore from Ferrovial, GIC

The company said Virendra Mhaiskar, the founder promoter of IRB, will continue as the promoter and single largest shareholder post completion of the transactions with an approximate 34% stake and will retain management control of IRB

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