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COSMETICS TYCOON
Who is Truong My Lan, the Vietnamese real estate tycoon behind one of the world's biggest banking scamVietnamese real estate tycoon Truong My Lan was convicted of orchestrating a massive bank fraud, siphoning billions of dollars through shel...
Iconic Notre Dame cathedral to reopen 5 years after horrifying fire that destroyed everything; here's how it looks and all you need to knowThe iconic Notre Dame Cathedral in Paris is set to reopen on December 7, 2024, after a five-year restoration following a devastating fire t...
Elon Musk set to become world's first trillionaire by 2027, with Gautam Adani not far behind, says reportMusk is projected to become the world’s first trillionaire by 2027, according to a report by Informa Connect Academy. Other billionaires li...
Indian-origin cosmetics tycoon rescues The Body Shop stores in UKThe Body Shop has been rescued from administration by Indian-origin tycoon Mike Jatania's investment firm Aurea. The deal includes all UK s...
First woman centi-billionaire? She is the world's richest woman at $95 billionThe ascent of Alice Walton to the status of richest woman in the world illustrates the continuous transformation of wealth in the twenty-fi...
India has third highest number of billionaires in the world; Ambani dethrones Jack Ma in AsiaAmbani "has become the richest person in Asia, ranked Number 10 and worth an estimated $ 84.5 billion. He nudges out Jack Ma of China, Asia...
Beauty startup Nykaa plans $3 billion IPO this yearThe startup founded by Falguni Nayar, a former investment banker, is working with advisers to prepare for the share sale in Mumbai, the peo...
Blackstone, KKR join race for India’s Emami CementThe Kolkata-based conglomerate is joining tycoons including Anil Ambani & Subhash Chandra in selling assets to pare debt as a cash crunch i...
Bill Gates no longer world's second richest, LVMH's Arnault climbs to No. 2Gates has never ranked lower than No. 2 in the seven-year history of the Bloomberg Billionaires Index.
Emami said to pick Arpwood, Credit Suisse for cement unit saleA decision is yet to be made about the size of the stake to be sold and the group can add more managers for the deal later.
The world now has three people worth more than $100 billion eachArnault, chairman of LVMH, entered the ranks of centibillionaires on Tuesday as the luxury-goods maker climbed 2.9% to a record 368.80 euro...
Baba Gurmeet Ram Rahim Singh's domain: Cosmetics, schools, hospitals, toffees and moreGurmeet Ram Rahim Singh's Dera Sacha Sauda, a quasi-religious cult with hundreds of thousands of followers, offers a wide variety of produc...
From a mother at 16 to the face of Indian beauty cosmetics, Shahnaz Husain's tale is inspiringHusain started her herbal salon in 1971 at home after borrowing Rs 35,000 from her father.
11 biographies to read if you want to get richIf you want to get rich, you might want to start thinking and acting like the rich.
Textile major Arvind may take over French cosmetics retailer Sephora owned by LVMHLVMH has been scouting for a new partner and has most likely opted for Arvind Brands & Retail, a unit of Lalbhai's $1-billion Arvind.
New players in deodorant market like Aira Sensual, MenClub shake up FMCG segmentLittle wonder then the deodorant market is seeing brands emerging as if they are being sprayed out of an aerosol can, and the winners are n...
- Tycoon donates art worth over $1 bln to New York Museum
Lauder said his gift was for "the people who live and work in New York and those from around the world who come to visit our great arts ins...
- LVMH co Sephora set for India foray
French luxury goods conglomerate LVMH is likely to clinch a multi-brand retail deal with New Delhi-based Genesis Luxury Fashion, in which t...
- SRK remains King of endorsements, Big B bows out
SRK continued to be the King in the list that saw five new entrants, Aamir Khan, Priyanka Chopra, Kareena Kapoor, Madhavan and Vidya Balan....
- Jagtiani readies $4 bn joint bid for Saks
After Mittal's M&A hunt propelled him to the status of the world’s biggest steel magnate, it is the turn of Micky Jagtiani to carve out a g...