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Indian billionaires: Gautam Adani, Dilip Shangvhi see highest growth

2015-05-31 02:13:01| IT Services - Topix.net

Billionaire Gautam Adani's wealth has zoomed 48 per cent in the 12 months to May 27, 2015 - the day after the NDA government took office - to an estimated $8.1 billion , the highest gain in net worth among the seven Indians figuring in the Bloomberg Billionaires Index. In terms of rise in wealth, Adani is followed by Dilip Shanghvi of Sun Pharma, HCL's Shiv Nadar, Arcelor-Mittal chief LN Mittal and Wipro's Azim Premji.

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Indian government to review hydroelectric dams in two river basins

2015-05-30 12:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The supreme court stopped the construction of dams on the river Ganga soon after the devastating floods that swept the state of Uttarakhand in June 2013. Many blamed them for exacerbating destruction. An 11-member expert committee recommended that 23 dams on the Alaknanda and Bhagirathi rivers, the two main tributaries of the Ganga, be scrapped. Builders of six dams in the upper Ganga basin asked the court to allow their projects to proceed. The six were among the 23 vetoed dams. Instead of accepting...

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Diageo silent as Indian authorities prepare United Spirits inspection

2015-05-29 14:52:00| Daily beverage news and comment - from just-drinks.com

Diageo has declined to comment on an Indian government investigation into United Spirit's books as fresh reports emerge over the subsidiary's chairman, Vijay Mallya, and alleged loans made from the unit.

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Climate change blamed as thousands die in Indian heat

2015-05-29 11:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Times: High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/d66381fc-05dd-11e5-b676-00144feabdc0.html#ixzz3bheclh6l For the wealthy of India, the annual heatwave before the monsoon is inconvenient, especially when water stored in black tanks on the roof becomes too hot to use for a...

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VIDEO: Indian economy: Is it improving?

2015-05-25 01:03:50| BBC News | Business | UK Edition

The BBC's Sanjoy Majumder examines the economic record of the last year in India.

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