The News Caravan

Tag: Worth

  • Singareni Collieries takes up project worth Rs 696 cr for pollution-free STPP

    Singareni Collieries takes up project worth Rs 696 cr for pollution-free STPP

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    SCCL takes up an eco-friendly project worth Rs 696 crore for pollution-free STPP

    Hyderabad: The Singareni Collieries Company Limited (SCCL) has initiated the construction of a subsidiary project, Flue Gas Desulphurization (FGD), at a cost of Rs 696 crore to make the Singareni Thermal Power Plant (STPP) a completely pollution-free facility.

    Following the directives of the Union ministry of environment and forests, SCCL has taken an environment-friendly mining initiative with one such project being constructed in the state.

    Hyderabad-based PES Engineers Private Limited has undertaken the construction of the project through the tender process and has already completed 20 percent of the work.

    SCCL chairman and managing director N Sridhar reviewed the progress of the project with thermal plant officials and construction agencies at Singareni Bhavan.

    The chairman has set the deadline for completion of the project by June 2024 and the construction of the second unit by September next year.

    “The new FGD set up as an environmentally friendly measure was likely to contribute to the plant’s operating costs through the sale of gypsum in the next period,” said the MD.

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    #Singareni #Collieries #takes #project #worth #pollutionfree #STPP

    ( With inputs from www.siasat.com )

  • Adani’s net worth near two-year low as stocks lock in lower circuits

    Adani’s net worth near two-year low as stocks lock in lower circuits

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    The Adani Group’s stocks have been in the news lately, with its chairman and founder Gautam Adani’s net worth experiencing a huge dip ever since the release of the Hindenburg report.

    The stocks have been bleeding, and Adani’s net worth has reached near two-year low of USD 50.2 billion, down from USD 119 billion on January 24 when Hindenburg research released a report against Adani Group.

    The trend is likely to cause a further dip in the net worth of Adani, who is now at the 24th position in the world’s billionaire list.

    Adani stocks Feb17

    Two Adani group stocks locked in lower circuits

    Two of the group stocks – Adani Transmission and Adani Total Gas Limited, are currently locked in their lower circuits. As of now, the shares of other companies of the group such as Adani Enterprises, Adani Ports, and ACC are trading in the red.

    However, Adani Power and NDTV shares are locked in their upper circuits, while shares of Adani Green and Ambuja Cement are trading in green.

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    Stocks of Adani Group companies at 2 pm today

    India’s richest person Mukesh Ambani out of world’s top 10 billionaire list

    In the meantime, India’s richest person Mukesh Ambani has lost his place in the world’s top 10 billionaire list. His net worth currently stands at USD 83.4 billion, and he is now at the 11th position. However, he continues to be the richest person in Asia.

    The top 10 billionaire list currently features eight Americans and one each from France and Mexico. The list is topped by France’s Bernard Arnault, whose net worth is USD 193 billion.

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    #Adanis #net #worth #twoyear #stocks #lock #circuits

    ( With inputs from www.siasat.com )

  • Kiara Advani’s Mangalsutra is worth two BMWs or Porsche

    Kiara Advani’s Mangalsutra is worth two BMWs or Porsche

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    Kiara Advani's Mangalsutra's price can get you two BMWs or Porsche

    Mumbai: Bollywood couple Sidharth Malhotra and Kiara Advani’s dreamy wedding festivities have come to an end but their fans still have a lot to discuss about them. From shehnai band to the venue, everything related to the couple’s marriage was discussed in detail.  But what grabbed the eye-balls of everyone was the dainty Mangalsutra of Kiara.

    The gold, black-beaded mangalsutra with a big diamond in the middle was designed by the ace designer Sabyasachi. According to the multiple reports, this stunning item is worth Rs 2 crores.

    Yes, you read it right. Sidharth Malhotra shelled out almost Rs. 2 crores for this elegant piece of mangalsutra. It might be more expensive than the flat you own. The actress’s mangalsutra can get you around two luxurious BMW cars or a flat in a good city.

    Sidharth Malhotra and Kiara Advani got married on February 7 at Suryagarh Palace in Jaisalmer, Rajasthan.

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    #Kiara #Advanis #Mangalsutra #worth #BMWs #Porsche

    ( With inputs from www.siasat.com )

  • Mukesh Ambani emerges as today’s top winner; Adani’s net worth dips again

    Mukesh Ambani emerges as today’s top winner; Adani’s net worth dips again

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    Reliance Industries Limited (RIL) chairman Mukesh Ambani today emerged as a top winner on the world’s billionaire list whereas, Adani Group Founder Gautam Adani’s net worth continues to dip.

    Ambani who recently regain the tag of India’s richest person continues to climb up on World’s billionaire list. With a net worth of USD 86 billion, he is at eight position on the rich list.

    Today, USD 2.2 billion is added to his net worth. His ranking improved from ninth to eight as Reliance Industries Limited (RIL) is trading in green today.

    Mukesh Ambani continues to climb up on World’s billionaire list

    Mukesh Ambani who recently entered the top 10 billionaire list and bagged India’s richest person title continues to climb up on the rich list.

    Though Ambani is out of the 100-billion club, he continues to hold the title of Asia’s richest person.

    Currently, he is richer than famous billionaires Mark Zuckerberg, Sergey Brin, Francoise Bettencourt Meyers, Larry Page and Steve Ballmer.

    Adani’s net worth takes another dip

    Adani companies’ stocks which were bleeding ever since the release of the Hindenburg report improved today.

    However, it failed to lift the net worth of Adani. He lost USD 986 million today and emerged as today’s top loser.

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    As of 12 noon, most of the Adani stocks were trading in green. NDTV and Adani Power are locked in the upper circuits whereas, Adani Total Gas Limited is locked in the lower circuit.

    While, Adani Enterprises, Adani Green, Adani Ports, and Ambuja Cement were trading in the green, ACC and Adani Transmission were in the red.

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    #Mukesh #Ambani #emerges #todays #top #winner #Adanis #net #worth #dips

    ( With inputs from www.siasat.com )

  • Private Investment Proposals Worth Rs 66,000 Crores Received, 1455 Industrial Units Established: Govt

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    SRINAGAR: Jammu and Kashmir is witnessing biggest industrial revolution in the history of UT as private investment proposals worth Rs. 66,000 crore have been received within a period of around one year as well as  1455 industrial units have also started their operations.

    These remarkable developments have opened up doors of immense possibilities for the new generation as promised by Lieutenant Governors Administration. The existing industrial landscape is being transformed into a futuristic, profitable and sustainable ecosystem, leading to livelihood generation, better education, skill development and better quality of life.

    From job creation to entrepreneurship, Government is going to make J&K a model of Industry 4.0, the Fourth Industrial Revolution. Government is working tirelessly on promoting institutional readiness, increasing entrepreneurship and attracting investments. The multiplier effect of industrial transformation will be felt across the entire length and breadth of the UT.

    New Industrial Development Scheme, with an outlay of Rs. 28,400 Crore, has been approved by the Government of India for encouraging investment in manufacturing and service sectors in J&K, which has started helping in stepping up economic development in Jammu & Kashmir.

    This is the dawn of new era for the growth, development and overall well-being of the people of J&K. Barriers to commerce and trade have also been removed. The people of J&K can now fully enjoy the rights and benefits enjoyed by all other citizens of India rather than just a limited set of rights and benefits.

    J&K is on a mission to renovate, reinvent, and ready to take a quantum leap to become the fastest-growing region in the country, pushing the targets for economic growth and employment. The  aim of J&K Administration is to deepen the trust with the business conglomerate, build the industrial base and strengthen the socio-economic stability.

    With the consistent efforts of J&K Administration, Jammu and Kashmir is emerging as one of the best destinations in the country for setting up new businesses as of now with the best incentives and improved infrastructure facilities.

    Moreover J&K Government is fulfilling all the crucial requirements of the industries including the transparent policy of land allotment, private industrial estate development, ensuring ease of doing business, besides the administration has actively worked with solutions approach and introduced various initiatives and reforms in a short period of time.

    Notably, the Industrial Scheme for J&K is giving a boost to domestic manufacturing in the region and helps J&K in becoming Aatma Nirbhar. The Scheme is encouraging new investment, substantial expansion and also nurturing the existing industries in J&K. The administration is also ensuring that the implementation of the new scheme is done in a manner which is friendly and hassle free to the investors and entrepreneurs from within J&K and outside find a smooth and progressive ecosystem for their business plans.

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    #Private #Investment #Proposals #Worth #Crores #Received #Industrial #Units #Established #Govt

    ( With inputs from : kashmirlife.net )

  • Adani loses over half of his net worth in 22 days as stocks continue to bleed

    Adani loses over half of his net worth in 22 days as stocks continue to bleed

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    Gautam Adani, founder, and chairman of Adani Group who is witnessing dip in his net worth ever since the release of the Hindenburg report has lost over USD 66 billion in just 22 days as his firms’ stocks continue to trade in red today.

    Today, he lost USD 3.40 billion as all most all of his stocks are either locked in lower circuits or trading in the red.

    Most Adani stocks locked in lower circuits

    As of 1 pm today, the stocks of most of the Adani Group companies including Adani Green, Adani Power, Adani Transmission, NDTV, and Adani Total Gas Limited are locked in lower circuits.

    Apart from them, Adani Enterprises, ACC, and Ambuja Cement are trading in the red. Adani Port is the only stock of Adani Group which is trading in green.

    Adani Feb14
    Stocks of Adani Group companies at 1 pm today

    Adani slips to 24th position in world’s billionaire list

    After a dip in his net worth from USD 119 billion on January 24, when Hindenburg research released a report against Adani Group, to USD 52.4 billion now, he slipped from third to 24th position in the world’s billionaire list.

    Apart from it, due to the massive sell-off of Adani companies’ stocks, he also lost India’s richest person title to Reliance Industries Limited (RIL) chairman Mukesh Ambani.

    Adani stocks Feb14 1

    Demand for JPC in Hindenburg-Adani issue

    Amid ongoing sell-offs, many political leaders are demanding a joint parliamentary committee to examine the Hindenburg-Adani issue.

    In the parliament, many MPs were seen raising slogans, ‘we want JPC’.

    When the matter reached Supreme Court, the central government said that the existing structure, which includes the Securities and Exchange Board of India (SEBI) and other agencies, are fully equipped to handle the situation which occurred after the Hindenburg report on Adani group, and it would not oppose the court’s suggestion to constitute a committee to strengthen the existing regime.

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    #Adani #loses #net #worth #days #stocks #continue #bleed

    ( With inputs from www.siasat.com )

  • Mangaluru: Rs 2.6 cr worth diamond fragments seized from Dubai-bound flyers

    Mangaluru: Rs 2.6 cr worth diamond fragments seized from Dubai-bound flyers

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    Mangaluru: The Directorate of Revenue Intelligence (DRI) has seized diamond capsule fragments worth Rs 2.6 crore from two passengers at the Mangaluru International Airport (MIA), official sources said on Monday.

    The DRI sleuths, with the help of CISF personnel at the airport, confiscated the diamonds from two passengers, Anas and Amar from Bhatkal, as they were about to fly to Dubai on Saturday, DRI sources said.

    Acting on a tip-off, the DRI sleuths found two packets of diamond capsules hidden in the shoes of one of the passengers during an intensive physical check at the immigration counter.

    The CISF personnel handed over the two passengers to DRI officials for further investigation, the sources added.

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    #Mangaluru #worth #diamond #fragments #seized #Dubaibound #flyers

    ( With inputs from www.siasat.com )

  • Adani’s net worth dips further as stocks continue to bleed today

    Adani’s net worth dips further as stocks continue to bleed today

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    Gautam Adani who recently lost a spot in the world’s top 20 billionaires list saw a dip in his net worth by USD 2.4 billion today as his group companies’ stocks continue to bleed.

    In today’s early trade, stocks of all Adani Group companies were trading in red due to huge sell-offs.

    The sell-offs that were started after the release of the Hindenburg report against the Adani Group resulted in a huge drop in the net worth of Gautam Adani.

    Adani Group stocks locked in lower circuits

    As of 10 am, most of the Adani stocks were also locked in lower circuits. Adani Total Gas Limited and Adani Transmission saw a dip of five percent whereas, Adani Power and Adani Green lost 4.99 percent of market valuation today.

    Apart from them, other Adani Group stocks, Adani Enterprises, Adani Ports, ACC, Ambuja Cement, and NDTV were trading in red due to sell-offs.

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    Stocks of Adani Group companies at 10 am today

    Adani once again emerged as top loser on world’s billionaire list

    Today, Adani once again emerged as the top loser on the world’s billionaire list. He lost USD 2.4 billion in the early trade today.

    Today’s top five winners

    NameCurrent net worth (in billion USD)Change in net worth (in million USD)Change in net worth (in percentage)Country
    Robin Zeng38.7+1100+2.87China
    Wang Liping9.6+524+5.78China
    Hubert Burda4.3+521+13.7Germany
    Huang Shilin17.5+484+2.84China
    Liang Wengen7.4+388+5.51China

    Today’s top five losers

    NameCurrent net worth (in billion USD)Change in net worth (in million USD)Change in net worth (in percentage)Country
    Gautam Adani55.6-2400-4.14India
    Mikhail Fridman13.5-581-4.12Russia
    Lee Shau Kee29.7-539-1.78China
    German Khan8.9-370-4Russia
    Tadashi Yanai31.3-355-1.12Japan

    Adani slips to 22nd spot after dip in net worth due to stocks sell-offs

    After losing significant net worth, Adani slipped to the 22nd spot on the billionaire list. He not only lost the spot on the top 20 billionaire list but also lost the tag of India’s richest person to Reliance Industries Limited (RIL) chairman Mukesh Ambani.

    Gautam Adani’s net worth dropped from USD 134.2 billion on December 13, 2022, to USD 55.6 billion now.

    With a net worth of USD 82.5 billion, Mukesh Ambani is not only the richest person in India but also one of the top 10 billionaires in the world.

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    #Adanis #net #worth #dips #stocks #continue #bleed #today

    ( With inputs from www.siasat.com )

  • Telangana: Mahindra group to set up EV unit worth Rs 1K cr in Zaheerabad

    Telangana: Mahindra group to set up EV unit worth Rs 1K cr in Zaheerabad

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    Hyderabad: Mahindra & Mahindra (M&M) has announced the establishment of the Last Mile Mobility Electric Vehicle manufacturing facility at a cost of Rs 1K crore in Zaheerabad.

    As an expansion of its existing manufacturing operations, M&M joined hands with the government of Telangana by signing a memorandum of understanding (MoU) with it.

    It happened on the sidelines of the first edition of Mobility Next Hyderabad Summit during the announcement of Telangana Mobility Valley (TMV), India’s first new mobility-focused cluster.

    The development and production of three and four-wheeler electric vehicles for M&M’s Last Mile Mobility business, mentions the MoU.

    The proposed investment will create an additional 800-1,000 jobs at Zaheerabad, where the company has already been manufacturing tractors since 2013.

    This union will develop a roadmap for the manufacturing of electric vehicles and energy storage systems in the state.

    According to the Mahindra group, considering the size of the investment, the EV manufacturing project is expected to fall under the mega projects category under the Telangana government’s EV investment policy.

    Announcing the latest investment to drive into the recently announced Telangana Mobility Valley, the Telangana government announced that Mahindra & Mahindra will collaborate with the state in laying down the roadmap for the development of EV and energy storage systems (ESS) manufacturing units here in Telangana.

    “The proposed facility by M&M will greatly contribute to the goal of TMV to further accelerate the growth of sustainable mobility in India. The location at Zaheerabad, one of the four mega EV manufacturing clusters being developed by the state, will allow M&M to access state-of-the-art infrastructure planned to be created by the state in the mega clusters,” read the statement by the state government.



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    #Telangana #Mahindra #group #set #unit #worth #Zaheerabad

    ( With inputs from www.siasat.com )

  • Nora Fatehi’s net worth, home, expensive cars, salary & more

    Nora Fatehi’s net worth, home, expensive cars, salary & more

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    Mumbai: Moroccan actress and model Nora Fatehi who made her foray into Bollywood is celebrating her 31st birthday on February 6. The dance queen made her Bollywood debut with the 2014 film ‘Roar: Tigers of the Sundarban’. She also appeared in Telugu and Malayalam films. She is known for her dancing skills and fashion sense not only in Canada and India but across the world. She recently gave a performance at the 2022 FIFA world cup’s closing ceremony.

    Nora Fatehi, who carved a niche for herself in the entertainment industry, remained in the headlines for the wrong reasons after she was grilled by the Enforcement Directorate. She has been named in the Rs 200 crore extortion case involving Sukesh Chandrasekhar. It is also said that Nora took money from Sukeh to build a home for her family in Canada.

    Whatever, but all we can say is that she has always succeeded in leaving her fans in awe because of her killer dance moves. On her birthday, we will give you an overview of her uber-luxurious life. Her net worth is estimated to be around Rs 40cr.

    Fees for films and songs

    Do you wonder how Nora Fatehi is managing to live such a luxurious lifestyle? She is earning a whopping amount from films and events. She has worked in various big-budget films to add more to her wealth. She charges around Rs 1 crore per movie while Rs 50 lakh for an item song.

    Nora’s 15 to 20 per cent income comes from brand endorsements too. She worked with Nykaa, Parachute, Everyuth, Honor mobile, Noise etc. Reports claim that she is earning around 30 to 40 lakh per month from several brands.

    Nora Fatehi’s Mumbai Home Worth Rs 10 cr

    Nora Fatehi owns a luxurious house in Worli and it is reported that the cost of the luxe pad is approx Rs 10 crore.It is designed by American architect Peter Marino.

    Noras Home

    Nora Fatehi has shelled out several crores to decorate the lavish abode. Reportedly, she also owns a luxurious home in Canada.

    Vanity Van

    As Nora Fatehi has become a dancing sensation in India, she has purchased a stunning vanity van with numerous features. It is reported that her vanity van costs around Rs 5 crore.

    Nora Fatehi’s Expensive Car Collection

    The Moroccan beauty owns various luxurious cars which include —

    • BMW 5 Series worth Rs 64.49 lakh
    • Mercedes Benz GLA 200D worth Rs 32.33 lakh
    • Honda City worth Rs 12 lakh
    • Volkswagen Polo worth Rs 10.25 lakh

    It seems that the actress loves cars and she has brought the almost top model of every car and the interiors of her cars are more personalised.

    Expensive handbags

    You might be surprised that the actress owns handbags which cost around 5 to 7 lakhs. It is said that Nora loves stylish and expensive handbags and her collection is proof of it.

    She owns Hermes Birkin Handbag worth 7 Lakh and Rs 5.1 lakh Chanel Quilted Double-Chained Handbag among other expensive bags.

    On the professional front, Nora Fatehi was last seen in the song ‘Manike’ from the movie Thanks God starring Sidharth Malhotra.

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    #Nora #Fatehis #net #worth #home #expensive #cars #salary

    ( With inputs from www.siasat.com )