Just heard about assembly election results of Karnataka. Seems like BJP will form the government. I guess as long as they don't show their fundamentalist colors, it will be ok.
Here are the results:
Showing posts with label India. Show all posts
Showing posts with label India. Show all posts
Sunday, May 25, 2008
Karnataka Election Results
Tuesday, March 25, 2008
India: Country of Billionaires!
I was quite pleasantly surprised to find 4 Indians in the top 10 billionaires of the world. Indians have been making a distinct mark in the world economy and things are looking up for India.
As much as I am happy about seeing a lot of Indians making more wealth, I am just as much concerned about increasing divide between the richest and the poorest in India. I also hope that more wealth percolates down to the poorer people of India over time.
Here is the list of billionaires from the most 'trustworthy' Wikipedia:
| Name | Net worth (USD) | Citizenship | Residence | Sources of wealth | |
|---|---|---|---|---|---|
| 1▲ | Warren Buffett | $62.0 billion ▲ |  United States | United States | Berkshire Hathaway |
| 2▲ | Carlos Slim Helú | $60.0 billion ▲ |  Mexico | Mexico | Telmex, América Móvil |
| 3▼ | Bill Gates | $58.0 billion ▲ | United States | United States | Microsoft |
| 4▲ | Lakshmi Mittal | $45.0 billion ▲ |  India |  United Kingdom | Arcelor Mittal |
| 5▲ | Mukesh Ambani | $43.0 billion ▲ | India | India | Reliance Industries |
| 6▲ | Anil Ambani | $42.0 billion ▲ | India | India | Anil Dhirubhai Ambani Group |
| 7▼ | Ingvar Kamprad and family | $31.0 billion ▼ |  Sweden |  Switzerland | IKEA |
| 8▲ | Kushal Pal Singh | $30.0 billion ▲ | India | India | DLF Group |
| 9▲ | Oleg Deripaska | $28.0 billion ▲ |  Russia | Russia | Rusal |
| 10▲ | Karl Albrecht | $27.0 billion ▲ |  Germany | Germany | ALDI, Trader Joe's |
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