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Mukesh Ambani regains 'richest person in Asia' tag; topples Jack Ma after $5.7 bn Facebook-Jio deal
Business

Mukesh Ambani regains 'richest person in Asia' tag; topples Jack Ma after $5.7 bn Facebook-Jio deal

Mukesh Ambani, Chairman and Managing Director, Reliance Industries Ltd (RIL) has regained the 'richest person in Asia' tag after Facebook's $5.7 billion (Rs 43,574 crore) investment in Jio Platforms on 22 April.

Formula 1: Mexico City agree deal to continue hosting Mexican Grand Prix untill 2022 ending uncertainty about future of race
Sports

Formula 1: Mexico City agree deal to continue hosting Mexican Grand Prix untill 2022 ending uncertainty about future of race

Mexico City signed a deal to continue hosting a Formula One race through 2022, after months of uncertainty about the future of the Mexican Grand Prix.

Mark Zuckerberg becomes fifth richest person in the world over strong earnings by Facebook in Q2 2017
News & Analysis

Mark Zuckerberg becomes fifth richest person in the world over strong earnings by Facebook in Q2 2017

According to a report in Fortune on 27 July, Zuckerberg's net worth hit $72.7 billion.

Mexican billionaire Carlos Slim: Donald Trump is 'negotiator, not Terminator'
World

Mexican billionaire Carlos Slim: Donald Trump is 'negotiator, not Terminator'

Mexican billionaire Carlos Slim said his country was in a position of strength in negotiations with US President Donald Trump, joking that the fellow tycoon was a negotiator, "not Terminator."

Donald Trump blames Islamic terrorism for attacks in Turkey and Germany
World

Donald Trump blames Islamic terrorism for attacks in Turkey and Germany

Jumping ahead of investigators, President-elect Donald Trump is blaming Islamic terrorism for deadly violence in Turkey and Germany and vowing anew to eradicate their regional and global networks.

Mexican billionaire seeks second hand smartphones to donate to schools
News & Analysis

Mexican billionaire seeks second hand smartphones to donate to schools

Mexican billionaire Carlos Slim launched a program on Wednesday to collect used smartphones to provide students free access to educational materials.

World's second richest man Carlos Slim may want a piece of India's telecom pie
Corporate

World's second richest man Carlos Slim may want a piece of India's telecom pie

The Warren Buffett of Mexico and the world's second richest man Carlos Slim maybe eyeing India for his next big investment and the Slim-controlled America Móvil, the world's fourth largest telecom company by subscriber base, might already have taken its first step towards an India entry.

Uber inks deal for its app to be on all phones that use America Movil in Mexico
Corporate

Uber inks deal for its app to be on all phones that use America Movil in Mexico

Uber Inc has signed a deal with billionaire Carlos Slim's America Movil to bring its app, to new customers in Latin America.

World business leaders advocate 3-day work week, HR experts say India not ready
Life

World business leaders advocate 3-day work week, HR experts say India not ready

World’s top billionaire business leaders like Carlos Slim and Richard Branson may be advocating for 3-day working week to boost employee productivity, but HR experts believe India is not ready for such a model.

Three-day working week? Indian HR experts pass on the idea
Life

Three-day working week? Indian HR experts pass on the idea

The proponents of this believe that employee productivity can be improved with longer working hours in just three days, as against spreading them across more number of days.<br />

Carlos Slim wants a 3-day week. It won't work for India, but we need to get off our 6-day treadmill
Corporate

Carlos Slim wants a 3-day week. It won't work for India, but we need to get off our 6-day treadmill

Carlos Slim, one of the world's richest men, wants a three-day week. It can't work for India, but we do need to move out of our six-day week culture of long theoretical work hours and low productivity

Bill Gates reclaims top spot on Forbes billionaire list
World

Bill Gates reclaims top spot on Forbes billionaire list

Bill Gates has returned to the top of Forbes magazine's annual list of the world's richest people, as rising stock markets swelled the ranks of billionaires, which included a record number of women.

App developer Shazam gets $40 mn backing from tycoon Carlos Slim
News & Analysis

App developer Shazam gets $40 mn backing from tycoon Carlos Slim

Smartphone app developer Shazam has found an unlikely ally in the form of Carlos Slim, one of the world's richest men, who is investing $40 million to back the development of the start-up best known for helping music fans identify catchy songs.

App developer Shazam gets $40 mn backing from tycoon Carlos Slim
Investing

App developer Shazam gets $40 mn backing from tycoon Carlos Slim

Smartphone app developer Shazam has found an unlikely ally in the form of Carlos Slim, one of the world's richest men, who is investing $40 million to back the development of the start-up best known for helping music fans identify catchy songs.

Mukesh Ambani 18th richest globally; worth $25 bn
Business

Mukesh Ambani 18th richest globally; worth $25 bn

Indian business magnate Mukesh Ambani is the 18th richest person in the world with a personal wealth of $24.7 billion in 2012, according to the Bloomberg Billionaires Index, a daily ranking of the world's 100 wealthiest individuals.