Business

LIGHTS, CAMERA, ACTION, CUT: PVR INOX bold move to close 70 nonperformance screens in FY 25

PVR INOX, one of India’s biggest multiplex chains, just dropped big news about their plans for theupcoming years. It plans to close 70 non-performing screens in FY25. One of the major reasons forthis decision is the potential monetization of non-core real estate assets in prime locations such asMumbai, Pune and Vadodara. This shutdown is offset by an ambitious growth strategy, aiming tounveil…
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Business

Kamala Harris Slams Trump's 'Trump Tax': What It Means for You

Kamala Harris has recently taken aim at what she terms the “Trump Tax,” criticizing the economic impact of the tariffs imposed by former President Donald Trump. These tariffs, originally intended to boost American industries, have instead led to higher prices for consumers on a wide range of goods, from household items to automobiles. Harris argues that these tariffs have essentially…
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BillionairesBusinessReal-Estate

Rajiv Singh of DLF — Real Estate Billionaire Hurun List 2024

Summary: Rajiv Singh of DLF tops the 2024 Hurun India Real Estate Rich List with a wealth of ₹1,24,420 crore. Mangal Prabhat Lodha and Gautam Adani follow in second and third place, respectively. DLF leads in company valuation at ₹2 lakh crore, showcasing the robust growth of the Indian real estate sector. The report highlights a significant increase in the wealth of top real…
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Business

Goldman Sachs intends to eliminate a few hundred workers in the next few weeks

As Goldman Sachs is trying to manage the underperformingstaff, they plan to lay off some low-performing workers in the next month.The bank is going to fire some workers, which will result in a loss of approximately 4% ofthe bank’s workforce. Goldman Sachs is about to carry out its yearly performance review that will see severalhundreds of underperforming staff sent packing. This has been…
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BillionairesBusiness

79% of NRIs Are Self-Made Billionaires—Who Topped the 2024 List?

In 2024, a staggering 79% of the richest Non-Resident Indians (NRIs) have achieved theirbillionaire status through self-made means, as highlighted by the latest Hurun India Rich List.Leading the pack is Gopichand Hinduja, whose family amassed a fortune of ₹192,700 crore,making them the wealthiest NRIs globally. Other notable names include LN Mittal with₹160,900 crore and Anil Agarwal…
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