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18 Mar 2024, 18:36

Born with a golden spoon: 4-month-old old Ekagrah Murty now owns ₹240 crore Infosys stock

Born with a golden spoon: 4-month-old old Ekagrah Murty now owns ₹240 crore Infosys stock

Born with a golden spoon: 4-month-old old Ekagrah Murty now owns ₹240 crore Infosys stock

India has probably seen its youngest millionaire in Ekagrah Rohan Murty - the four-month-old grandson of Infosys founder N.R. Narayana Murthy. The 77-year-old Infosys founder gifted shares to his grandson in an off-market transaction. With this, Narayana Murthy's holding in the IT bellwether fell to 0.36 per cent, or more than 1.51 crore shares.

Young & luxurious: How new buyers are pushing luxe retail growth in India
Katya Naidu
13 Mar 2024, 15:53

Young & luxurious: How new buyers are pushing luxe retail growth in India

Indians no longer have to fly abroad to buy Valentinos, Balenciaga, or shop at Tiffany & Co. — as these luxury brands have been establishing their presence across the country for the last few years. And, there are more to come. Brioni, Roberto Cavalli, and Dunhill are expected to enter India in 2024. Indians’ love for global luxury brands has been growing as much as their love for India, according to a report by CBRE.

Merger with Reliance would boost company's profits and reduce risk in India: Disney CEO Bob Iger
10 Mar 2024, 11:26

Merger with Reliance would boost company's profits and reduce risk in India: Disney CEO Bob Iger

New Delhi, Walt Disney CEO Bob Iger has said a joint venture with Reliance Industries after merging its India business would...