The 10 Richest INDIANS IN 2014.

10. Gautam Adani ($2.65 billion)

Gautam Adani is the chairman of Adani Group.

9. Desh Bandhu Gupta ($3.2 billion)

Chairman & Founder of Lupin Limited.

8. Anil Ambani ($6.2 billion)

Chairman of Anil Dhirubhai Ambani Group (ADAG).

7. Sunil Mittal ($6.6 billion)

Group CEO and Chairman of Bharti Airtel.

6. Adi Godrej  ($8.3 billion)

Head of the Godrej family. Current Chairman of the Godrej Group.

5. Shiv Nadar ($8.6 billion)

Chairman & Founder of HCL.

4. Azim Premji ($13.8 billion)

Chairman of Wipro

3. Dilip Shanghvi ($13.9 billion)

Founder & managing director of Sun Pharmaceutical Industries Limited.

2. Lakshmi Mittal ($16 billion)

Chairman of ArcelorMittal – World’s largest steel company.

1. Mukesh Ambani ($21 billion)

Managing Director & Chairman of Reliance Industries Limited (RIL).

Posted by RAHUL 09:15 0 comments

Indian investment in USA touches $11 bn, creates 100K jobs.

The report, ‘Investing in America, How India Helps Create American Jobs’ by the US India Business Council demonstrating the ways the US economy is benefiting from the successful bilateral and business relationship with India, is slated to be released during the USIBC’ 38th Anniversary Leadership Summit on July 11.
In October last year, the US Deputy Secretary of State, William Burns, had said that between 2000 to 2010, the Indian direct investment in America grew from USD 200 million to nearly USD 5 billion. In his same speech he had said that Indian firms have helped create some 50,000 jobs in the US.
However, according to the latest USIBC study, Indian investment in the US “recently touched USD 11 billion, with as many as 100,000 American jobs created.
“The contribution of Indian businesses … Is expected to give a fitting reply to all those who have been calling for a trade war between the two countries,” the study said.
During a Congressional hearing last month, several US lawmakers and business and trade representatives had urged the Obama Administration to impress upon India against what they alleged as are protectionist measures and discriminatory to the US businesses.
To address such concerns and to protect the interest of Indian companies in the US, which helps American businesses remain competitive in the global economy, the USIBC has launched the Coalition for Jobs and Growth (CJG).
“USIBC supports the free movement of technical professionals. This freedom of movement is essential to US job creation, and is at the heart of our future economic prosperity,” USIBC President Ron Somers, said at the time of the launch of the coalition in June.
“USIBC endorses immigration reform, but the legislation as currently written restricts a company’s ability to source skilled talent, which hamstrings American competitiveness,” Somers added.

Posted by RAHUL 00:45 0 comments