HURUN
Fairness, churn, and India's rise: India has lifted millions out of poverty, but the next big challenge is helping people climb further
India's poverty rate has fallen sharply, with nearly 496 million people moving above the World Bank's lower-middle-income poverty line between 2011-12 and 2023-24. However, the next challenge is to expand economic mobility, improve wages and create opportunities. The article examines why growth, fair access and social mobility matter more than focusing on inequality alone.
Shah Rukh Khan's Rs 10,000 crore business empire: How the actor makes money beyond films
Shah Rukh Khan Net Worth on Birthday: Shah Rukh Khan's, also known as King Khan, turns 61 on his birthday today Novermber 2. Shah Rukh Khan's wealth extends beyond Bollywood. From Red Chillies Entertainment and Kolkata Knight Riders to brand endorsements, international cricket and investments, here's how the actor has built his business empire.
Wealthy Indians sit on cash, prepare to deploy funds across markets over next 12-24 months: Joint MD & CEO Systematix Private Wealth
Wealthy Indian investors are holding liquidity and planning phased investments across diverse market segments. The focus is on both domestic and international markets, including the US, China, and South Korea. Private markets and credit opportunities are also gaining traction among ultra-high-net-worth individuals. Real estate investments are evolving with increased interest in Alternative Investment Funds, which have doubled over the last year.
ByteDance founder Zhang Yiming reclaims top spot in China's rich list, thanks to his firm's AI push
The rankings released by The Hurun Research Institute on Tuesday reflected that the country's high-tech sectors were rising but others like consumer and real estate were under pressure.
Multibagger alert! PC Jeweller shares jump 6% to fresh 52-week high, rally over 100% in 2026
PC Jeweller shares hit a fresh 52-week high of Rs 19.13, rising over 100% in 2026 and gaining 44% in a month. The rally follows the company’s repayment of outstanding dues to all 14 consortium banks, achieving debt-free status ahead of schedule and strengthening its balance sheet.
PC Jeweller shares soar 26% in just two sessions. Here’s what’s triggering the sharp surge
PC Jeweller shares rallied 26% in two sessions after Cupid promoter Aditya Kumar Halwasiya bought 5.10 crore shares worth Rs 73.60 crore. The jewellery maker recently repaid its dues to 14 consortium banks, achieving debt-free status ahead of schedule.
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Panasonic reverses stand on Indianising top deck, offers key roles to expats
Panasonic has recently appointed Japanese executives to senior roles in its Indian operations. The company is restructuring its leadership back to an expat-led model after focusing on Indian leadership. Former executives, such as Manish Sharma and Sandeep Sehgal, have left the company, leading to significant changes in strategy. Panasonic has downsized its operations and streamlined its product offerings to focus on air-conditioners.
Valuation of businesses run by under-35s rises 23% to Rs 48 lakh crore: Hurun report
The total valuation of businesses run by individuals under 35 in India rose significantly this year. The number of young business leaders increased from 155 to 180, showing notable growth. A total of 37 companies on the list are valued at over $1 billion, employing more than 5.88 lakh people. Meanwhile, the emergence of founders in the artificial intelligence sector has quadrupled.
Global Market: China's wealthy rush to unwind offshore trusts as tax deadline looms
China’s wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas trust income. With an October 22 declaration deadline approaching, uncertainty over enforcement and liabilities is prompting asset sales, borrowing and delayed investments as Beijing tightens scrutiny of offshore wealth.
Gautam Adani overtakes Mukesh Ambani on Forbes India's 100 Richest list 2026: Check top 10 richest Indians and full list
In 2026, Gautam Adani reclaimed his position as India's richest person with a net worth of $112.7 billion. Mukesh Ambani fell to second place with a net worth of $86.3 billion after significant losses. Savitri Jindal retained her position as the richest woman in India, with a fortune of $39.8 billion. Lakshmi Mittal experienced the most significant increase in wealth, jumping to fourth place.
Hurun India Rich List 2026: Gautam Adani overtakes Mukesh Ambani as richest Indian
According to the M3M Hurun India Rich List 2026, India's wealth has soared to an impressive Rs. 187.5 lakh crore, with Gautam Adani now eclipsing Mukesh Ambani in the wealth hierarchy. LN Mittal also reports major financial gains.
One Shah Rukh Khan film made an iconic director-producer lose all his money. His son, a superstar, reveals, 'He had to mortgage the house and our cars; there was no furniture…’
Hrithik Roshan, while he is one of the wealthiest superstars today, is no stranger to financial difficulties. His father, veteran director producer Rajesh Roshan, once lost a huge chunk of his money in the ambitious film Koyla. Despite starring Shah Rukh Khan and Madhuri Dixit, the film did not set the box-office on fire, and the Roshans struggled with financial crisis
Can Moneyview IPO deliver long-term growth for high-risk investors?
Moneyview, a digital lending platform, is planning a ₹750 crore IPO to fund loan growth. The company's registered users increased significantly, but asset quality has worsened with higher non-performing assets. Total income and loan disbursals have risen sharply, contributing to increased net profit. The company faces potential regulatory risks that may impact its unsecured loan growth. Investors are advised to evaluate financial clarity post-IPO before making decisions.
AssetGro Fintech to file DRHP with Sebi for Rs 2,000-2,500 cr IPO
AssetGro Fintech is gearing up to file its draft IPO documents with Sebi by the end of September. With expectations to raise between ₹2,000 and ₹2,500 crore, the IPO will feature a fresh issue of around ₹800 crore. The remainder will consist of an offer for sale by current shareholders. Emirates NBD Capital has been designated as the lead manager for this endeavor.
Motilal Oswal Nasdaq Q50 ETF crashes 49% in 3 days, rings alarm bells for investors
Motilal Oswal Nasdaq Q50 ETF faced a sharp decline of nearly 49% in just three trading sessions. This drop followed a dramatic price surge that raised concerns about valuation and investor behavior. Several other international ETFs are also trading well above their net asset values, creating a potential risk for investors. Limited supply of ETFs relative to demand has further intensified these trading conditions.
NSE debut may not set D-St on fire, sparks to come later
NSE is set to debut on the stock market amid market expectations of moderate gains. Traders quote a grey market premium of around ₹83 per share, down significantly from earlier estimates. The IPO was subscribed 5.71 times, highlighting strong institutional interest despite expectations for lower listing gains. Strict supply rules could limit immediate trading shares, impacting initial price movements post-listing.
Stocks in news: Bharat Dynamics, NTPC, Canara Bank and Waaree Energies
Indian equity benchmarks experienced gains on Wednesday, driven by widespread buying in the market. Investors reacted positively to signs of potential de-escalation in West Asia and changing crude oil prices. The Nifty 50 and Sensex indices both increased after assessing recent corporate developments and strategic forecasts. Key stocks including Bharat Dynamics and NTPC are anticipated to remain in focus following significant announcements.
Gautam Adani reclaims richest Indian spot from Mukesh Ambani as India's billionaire count hits record: Hurun
Gautam Adani has overtaken Mukesh Ambani to reclaim the top spot on the M3M Hurun India Rich List 2026, with wealth of Rs 9.23 lakh crore. The list now includes a record 391 dollar billionaires, while AI and quantum computing have emerged as new wealth-creation sectors and 70% of entrants are self-made entrepreneurs.
Gautam Adani reclaims top spot as India’s richest, edges out Mukesh Ambani: Hurun Rich List
Gautam Adani has overtaken Mukesh Ambani to reclaim the top spot on the M3M Hurun India Rich List 2026, with wealth of Rs 9.23 lakh crore. The list now includes a record 391 dollar billionaires, while AI and quantum computing have emerged as new wealth-creation sectors and 70% of entrants are self-made entrepreneurs.
Superstar Shah Rukh Khan reveal reality of growing up lower middle class: 'There was not enough daal at home so more water was added...'
Superstar Shah Rukh Khan, the richest Indian actor in the world, once reflected on growing up in the lower middle class, where he would not have enough money to celebrate his birthday in a lavish way. The ‘Kuch Kuch Hota Hai’ star once revealed he often did not have enough money to buy a cake.
HCL's Roshni Nadar Malhotra becomes India’s richest woman with Rs 2.84 lakh crore wealth: Hurun report
Roshni Nadar Malhotra, Chairperson of HCL Technologies, emerged as India’s richest woman, debuting at third on the M3M Hurun India Rich List 2025 with Rs 2.84 lakh crore. This marks a historic first for a woman in the top three, underscoring the growing influence of tech-driven wealth and women's leadership in Indian industry.
Hurun Rich List 2025: From Satya Nadella to Sundar Pichai, check richest Indian professional managers
Jayshree Ullal of Arista Networks tops the Hurun India Rich List 2025 for professional managers with Rs 50,170 crore, underscoring significant global tech wealth. Microsoft CEO Satya Nadella secures the second spot, followed by Nikesh Arora. Google's Sundar Pichai and Indra K Nooyi also feature among the wealthiest Indian professional managers.
Gautam Adani replaces Mukesh Ambani as the richest Indian on Hurun list; Check full list here
Hurun India Rich List 2024: With a wealth of Rs 11.6 lakh cr, Gautam Adani (62) and family replaced Mukesh Ambani and clinched the no.1 spot in the 2024 Hurun India rich list. The report says India minted a new billionaire every 5 days last year.
Shah Rukh, Adani, Ambani in Hurun Rich List: Wealth of Indian billionaires more than GDP of Saudi Arabia & Switzerland
Hurun India Rich List: The cumulative wealth of Hurun India rich listers has risen to INR 159 lakh crore, surpassing the GDP of Saudi Arabia and Switzerland. India has added 75 new billionaires in the past year, bringing the total to 334. The list also includes 1,539 individuals with wealth of at least Rs 1,000 crore.
Hurun's Richest Indians list: 21-year-old Kaivalya Vohra is the youngest. Check full list
Hurun India has revealed its 2024 list of the richest Indians, featuring 21-year-old Zepto founder Kaivalya Vohra as the youngest. Vohra's net worth stands at Rs 3,600 crore, followed closely by his 22-year-old co-founder Aadit Palicha with Rs 4,300 crore. The list also includes young billionaires from various sectors.
Hurun India Rich List 2024: Mumbai surpasses Beijing to become the billionaire capital of Asia
Mumbai has emerged as the 'billionaire capital' of Asia, surpassing Beijing, according to the Hurun India rich list 2024. The city now hosts 25% of India's billionaires, adding 58 new billionaires. India saw a 29% rise in billionaires, while China experienced a 25% decline, emphasizing India's growing economic prowess.
Shah Rukh Khan makes his debut on Hurun India Rich List: See how much wealth Bollywood's Badshah has
Shah Rukh Khan on Hurun Rich list 2024: Bollywood superstar Shah Rukh Khan has debuted on the 2024 Hurun India Rich List with an estimated wealth of Rs 7,300 crore. At 58, his financial success stems from stakes in Kolkata Knight Riders and Red Chillies Entertainment, indicating his substantial achievements beyond acting.
HCL’s Shiv Nadar is India's most generous person: EdelGive Hurun India
Wipro's Azim Premji came in second with an annual donation of Rs 484 crore. Premji is the only living Indian to feature in the EdelGive Hurun Philanthropists of the Century list.
HCL founder Shiv Nadar most generous person; Premji slips to second position: Hurun India Philanthropy List 2022
HCL founder Shiv Nadar on Thursday was named as the most generous person in the country with an annual donation of Rs 1,161 crore, the EdelGive Hurun India Philanthropy List 2022 revealed on Thursday. Nadar, 77, has reclaimed the 'India's most generous' title with a donation of Rs 3 crore per day, according to the report.
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