8 Malayalis among Forbes list of wealthiest billionaires; LuLu Yusuff Ali tops with $5.4 billion

News Network
April 7, 2022

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As many as eight Malayalis earned their spots on the Forbes' Billionaire List for 2022. LuLu group Chairman M A Yusuff Ali tops the list among Malayalis and is in the 490th position on the list. He has a net worth of $5.4 billion.

The other Malayalis on the list include Kris Gopalakrishnan ($4.1 billion), Byju Raveendran ($3.6 billion), Ravi Pillai ($2.6 billion), S D Shibulal ($2.2 billion), Sunny Varkey ($2.1 billion), Joy Alukkas ($1.9 billion), and Muthoot family’s George Alexander Muthoot, George Jacob Muthoot, George Thomas Muthoot, Sara George Muthoot ($4.1 billion).

Reliance Industries chairman Mukesh Ambani, with a net worth of $90.7 billion was yet again named the richest man in India. He is in the 10th position on the list.

Adani Group chairman Gautam Adani who is in the second position in India with a net worth of $90 billion comes in the eleventh position on the list. HCL Technologies founder Shiv Nadar comes third with a net worth of $28.7 billion. 

Cyrus Poonawalla, founder of Serum Institute of India (SII), with a net worth of $24.3 billion, and Radhakishan Damani, founder of D-Mart, with a net worth of $20 billion are the Indians who are on the list.

Tesla founder and CEO Elon Musk topped the list with a net worth of $219 billion. Amazon CEO Jeff Bezos follows with a net worth of $171 billion.

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News Network
November 10,2024

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Mangaluru: A tragic accident took place on Saturday at Chembugudde near Thokkottu, claiming the life of a 47-year-old woman after a tanker lorry ran over her. The victim, identified as Rahmat H Rashid, was riding pillion with her husband, Abdul Rashid G, on their scooter. 

The couple was traveling from Yenepoya Hospital to Bajpe when the scooter skidded on the poorly maintained road. Rahmat fell onto the road and was fatally struck by a tanker lorry that was coming from behind. Despite being rushed to the hospital, doctors declared her dead upon arrival.

The incident prompted a swift response from the DYFI Ullal Taluk Committee, which staged a protest on Saturday night, condemning the unsafe condition of the road. Nithin Kuthar, president of the committee, criticized MLA and Legislative Assembly Speaker UT Khader for failing to ensure safe infrastructure, despite touting the road as toll-free. 

Kuthar demanded immediate repairs, warning that the committee would march to the MLA’s office with black flags if the road is not fixed within a week.

Former DYFI State President Sunil Kumar Bajal also voiced frustration over the deteriorating condition of Thokkottu market, highlighting the struggles people face while crossing roads riddled with dangerous potholes. In response to public outcry, temporary repairs were made to the road at Chembugudde on Sunday, though locals remain wary and demand a more permanent solution. 

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News Network
November 4,2024

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Hundreds of Israeli settlers conducted a brutal attack in the occupied West Bank city of Ramallah.

The settlers set fire to numerous homes and vehicles of Palestinians and then moved to the main road connecting Ramallah to other cities, targeting Palestinian cars passing by.

They stormed the city of al-Bireh, near Ramallah, and burned Palestinian property and vehicles.

A woman sustained injuries after the settlers hurled stones at her vehicle, according to Palestinian news outlets.

Tension has been running high across the West Bank because of Israel’s genocidal war in the Gaza Strip, which has killed at least 43,341 people, mostly women and children, since last year’s October.

The Monday settler attack came as the Palestinian resistance movement Hamas warned of Israel’s plans to annex the West Bank and drive Palestinians out.

“We warn of the grave danger posed by the plans led by the extremist occupation regime and illegal settler groups to displace the residents of Palestinian villages in the occupied West Bank,” Hamas official Mahmoud Mardawi said.

Israel's far-right minister Bezalel Smotrich called for the full annexation of the West Bank and the Gaza Strip last week.

Smotrich asserted that Israel should unequivocally declare there would be no Palestinian state.

He repeated his proposal of expanding Israeli settlements within the West Bank and other occupied territories.

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News Network
November 3,2024

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Bengaluru, Nov 3: In a heart-wrenching discovery, acclaimed Kannada film director Guruprasad, celebrated for his impactful films like Mata and Yeddelu Manjunatha, was found dead in a Bengaluru apartment on Sunday. 

The 52-year-old filmmaker, known for his work with deep social messages, is believed to have died two days prior in a suspected case of suicide, although authorities are still investigating to confirm the exact cause.

The decomposing body was discovered hanging from a ceiling fan in a flat in Madanayakanahalli after neighbors alerted the police due to a strong odor. Bengaluru Rural Superintendent of Police CK Baba confirmed the incident, stating that an investigation is underway. A team from the Forensic Science Laboratory (FSL) joined the police at the scene to gather evidence.

Guruprasad, a respected figure in Kannada cinema, directed thought-provoking films such as Yeradanesala and Director Special and had also appeared in small roles in more than ten films. The film industry mourns the loss of a director who used cinema as a platform for social awareness.

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