Five Indian women on Forbes billionaire list

March 3, 2015

New York, Mar 3: Five Indian women have made it to the Forbes list of the world's billionaires that saw a record number of women this year, although they still account for just about 11 per cent of the total.

savitri jindal

The number of Indian women in this year's list witnessed an increase over last year, when only two Indian women were included on the Forbes billionaire list.

Globally also the number of women in the coveted rich list reached a record high. Of the total 1,826 billionaires, 197 are women, up from 172 in 2014; but women still account for just a small percentage -- 11 per cent of the total.

Among Indian women, Savitri Jindal & family was ranked 283 on the list with a networth of USD 5.3 billion in 2015, up from USD 4.9 billion in 2014. After a 3-year decline Savitri Jindal's O.P. Jindal group, which she chairs, has revived.

Indu Jain who chairs media conglomerate Bennett Coleman & Co, was placed at the 603 rank globally. Her networth stands at USD 3.1 billion.

Meanwhile, after a three year hiatus, Anu Aga regained her billionaire status on a jump in shares of engineering firm Thermax, in which she owns 62 per cent. Anu Aga was ranked 1,312 on the list with a fortune of USD 1.5 billion.

Others on the list include Vinod Gupta ranked 1,533 with a fortune of USD 1.2 billion. Wife of Qimat Rai Gupta, who died in November 2014, debuts on the Forbes Billionaires List after shares of Havells India rose 74 per cent in the past year, spurred by rising profits.

Kiran Mazumdar-Shaw, the founder of Biocon -- India's largest publicly traded biopharma firm which she built from a garage startup into a maker of drugs for diseases such as cancer and diabetes -- was placed at the 1,741 rank with a fortune of USD 1 billion.

Globally, Christy Walton, who inherited a stake in retailer Wal-Mart, retained the title of world's richest woman at USD 41.7 billion, followed by Liliane Bettencourt, the principal heiress to the L'Oreal cosmetics fortune in the second place with USD 40.7 billion.

The third richest woman is Alice Walton (USD 39.4 billion), daughter of Walmart founder Sam Walton and sister-in -law to Christy Walton.

Forbes, noted that many of the women among the billionaires ranks inherited their wealth from either their husbands or their fathers, while just 29 of the 197 women are self-made billionaires.

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Agencies
April 24,2025

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Madhubani: In a stern message, Prime Minister Narendra Modi on Thursday said India will identify, track and punish every terrorist and their backers who were responsible for the attack in Pahalgam "beyond their imagination".

"Today, from the soil of Bihar, I say to the whole world that India will identify, track and punish every terrorist and their backers. We will pursue them to the ends of the earth," Modi said addressing a public gathering here.

"India's spirit will never be broken by terrorism. Terrorism will not go unpunished," the Prime Minister said in his first public remarks after the terror attack in Baisaran in Pahalgam that left at least 26 persons dead on Tuesday.

"Every effort will be made to ensure that justice is served. The entire nation stands firm in this resolve," he said.

"Everyone who believes in humanity is with us. I thank the people of various countries and the leaders who have stood with us in these times," the Prime Minister said in his brief remarks in English.

Modi asserted that the terrorists who carried out the attack and its planners will be "punished beyond their imagination".

He said the enemies of the country have dared to attack the soul of India.

Earlier, Prime Minister Modi and a large crowd gathered here for a National Panchayati Raj Day programme observed silence for a few moments to pay homage to the victims of the terror attack in Pahalgam in Jammu and Kashmir.

Before beginning his speech, Modi urged the gathering to observe silence as a mark of respect to "our family members" who lost their lives in Pahalgam.

Modi urged the gathering to remain seated in silence to pay homage to the victims of the terror attack.

Earlier, Bihar Chief Minister Nitish Kumar condemned the terror attack at Pahalgam and told the prime minister that the entire nation was united against terrorism.

Panchayati Raj Minister Rajiv Ranjan Singh said the entire nation had belief in Modi's strength and were confident he would give a befitting reply to the perpetrators of terror at an appropriate time.

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News Network
April 29,2025

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The Supreme Court Tuesday dismissed a plea by former IPS officer Sanjiv Bhatt, undergoing life imprisonment in connection with a 1990 custodial death case, for bail and the suspension of his sentence. While denying him the relief, a bench of Justices Vikram Nath and Sandeep Mehta also directed that the hearing of his appeal be expedited.

“We are not inclined to enlarge the appellant Sanjiv Kumar Bhatt on bail. However, we make it clear that the observations made herein above are restricted to the prayer for bail only and will have no bearing on the appeals of the appellant and the co-accused. The prayers sought by the appellant, Sanjiv Kumar Bhatt, for the grant of bail are dismissed. Hearing of the appeal is directed to be expedited,” Justice Mehta said while reading out the order.

The case dates back to 1990 when Bhatt was posted as the additional superintendent of police in Gujarat’s Jamnagar. He had detained around 133 people under the stringent Terrorist and Disruptive Activities (Prevention) (TADA) Act during a communal riot in Jamjodhpur town.

On November 18, 1990, one of those detained, Prabhudas Vaishnani, died in a hospital after he was released, allegedly due to torture while he was in custody. A complaint of custodial death was registered against seven policemen, including Bhatt, by Amrutlal Vaishnani, the brother of the deceased, following which the investigation was transferred to the state Criminal Investigation Department (CID) branch in Gandhinagar.

In 1995, the CID investigating officer requested sanction from the government to prosecute Bhatt as is required for the prosecution of a government officer when on duty. However, the government did not grant the sanction. After that, CID filed a summary report, which is a closure report, in the court. However, the court rejected this report in December 1995 and instead took cognisance of offences alleged against Bhatt and six others.

An A-summary report was filed in this case in 1995 after the Gujarat Government refused to grant sanction for prosecuting Bhatt. However, after Bhatt’s deposition in relation to the 2002 communal riots before the Nanavati and the Mehta commissions between May and July 2011, the state government withdrew protection granted to him, and the Jamnagar court began framing charges soon after.

A Jamnagar sessions court sentenced Bhatt to life imprisonment in June 2019. This was subsequently upheld by a Division Bench of the Gujarat High Court.

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Agencies
April 24,2025

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New Delhi: The Jammu and Kashmir Police on Thursday released sketches of three individuals suspected to be involved in the recent terrorist attack in Pahalgam, in which 26 civilians were killed. The police have identified two of the suspects as Pakistani nationals and have announced a reward of Rs 20 lakh for credible information leading to their arrest.

According to the notices made public by the Anantnag police, the suspects are: Hashim Musa alias Suleman, a citizen of Pakistan, Ali Bhai alias Talha Bhai, also a citizen of Pakistan and Abdul Hussain Thokar, a resident of Anantnag district in Jammu and Kashmir. All three are believed to be members of the Pakistan-based terror group Lashkar-e-Taiba.

The attack, which took place in Baisaran near Pahalgam on Tuesday, claimed the lives of 25 Indian nationals and one Nepali citizen. It is one of the deadliest assaults on civilians in the region in recent years.

In response to the attack, Prime Minister Narendra Modi delivered a strongly worded statement today during a public address in Bihar. In his first remarks since the incident, PM Modi said, "India will identify, track and punish every terrorist and their backers. We will pursue them to the ends of the earth. India's resolve will not falter. Terrorism will not go unpunished."

The Cabinet Committee on Security (CCS), chaired by Prime Minister Modi, held an emergency meeting yesterday and announced a set of five retaliatory measures against Pakistan.

Foreign Secretary Vikram Misri, briefing the media yesterday evening, announced that both Indian and Pakistani high commissions will reduce their staff strength from 55 to 30, effective from 1 May. Military, naval and air advisors in the Pakistani High Commission in New Delhi have been declared persona non grata and must leave within a week. India will similarly withdraw its advisors from Islamabad.

Pakistani nationals will no longer be permitted to travel to India under the SAARC Visa Exemption Scheme. All existing visas under this scheme are cancelled, and current holders must leave India within 48 hours. The only land border crossing between India and Pakistan is now shut. Pakistani citizens who crossed into India via Attari with valid permissions must return before 1 May.

India has also put the 1960 agreement in abeyance until Pakistan ceases support for terrorism. 

Earlier today, a huge protest erupted outside the Pakistan High Commission in the national capital amid heightened tensions between Delhi and Islamabad over the recent terror attack in Jammu and Kashmir's Pahalgam, which resulted in the deaths of 26 people. 

Visuals from outside the Pakistan High Commission, located in Chanakyapuri, Delhi's diplomatic enclave, show a large crowd gathered outside the building, with police forces trying to pacify it.

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