Fortune

Rising wealth and inequality in the world have fuelled debates on making the rich pay their fair share of taxes. Brazil and France have pressed fellow G20 countries to set a global minimum tax on the world's wealthiest people.

Zara billionaire founder’s real rstate Fortune hits $20 billion

The property portfolio owned by the Inditex SA founder was valued at €18.1 billion ($20.1 billion) in 2022, up from €15.3 billion in 2021, according to a statement Thursday from Pontegadea, the firm that manages Ortega’s fortune. Ortega’s real estate portfolio is the largest among Europe’s “super-wealthy” individuals.

Adani Wilmar files police complaint against sale of counterfeit Fortune brand products

In a statement, the company said it has lodged an FIR through their agency, against the B2B platform for alleged distribution of counterfeit products on the platform.

ChatGPT ‘arms race’ adds US$4.6 billion to Nvidia founder’s fortune

Jensen Huang has seen his fortune climb by 33 per cent this year to US$18.4 billion, a larger percentage gain than any other US billionaire, according to the Bloomberg billionaires Index.

GST on unbranded food will create level-playing field for FMCG companies: Angshu Mallick of Adani Wilmar

Adani Wilmar CEO and MD says the company is seeing a growing demand for branded staples after 5% GST on unbranded food products kicked in

We're building Fortune to be India's largest food brand, says Adani Wilmar CEO Angshu Mallick

The company plans to further strengthen its play in the staples category and launch more products such as functional oil, fortified staples, and packaged and ready-to-eat and ready-to-go food products.

Adani Wilmar launches D2C app Fortune Online

Several FMCG companies including Marico and Emami had introduced their direct-to-consumer channel last year as the COVID-19 pandemic impacted offline reach.

From Ambani twins to Tasnim Motala: These are the ten figures named in Fortune’s 40 under 40 list across various categories

Billionaire Mukesh Ambani's twin children Isha and Akash have debuted on Fortune's '40 Under 40' list of influential people around the globe. (Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd which publishes Moneycontrol.)

Isha, Akash Ambani debut on Fortune's '40 Under 40' influencer list

Fortune's '40 Under 40' list of influential people has Reliance Industries (RIL) scions who recently played a starring role in sealing a series of marquee investments in Jio Platforms. Byju’s Byju Raveendran and Manu Kumar Jain of Xiaomi India also feature in prestigious list.

Reliance Jio tops Fortune's Change the World list

Chinese group Alibaba is ranked 5th on the list that has food and drug stores Kroger at number six, industrial machinery firm ABB at number 8 and network and communications giant Hughes Network System at number 10.

Indra Nooyi, Chanda Kochhar, Shikha Sharma on Fortune most powerful business women list

The Most Powerful Women in Business outside the US list, which was topped by Banco Santander group Executive Chairman Ana Botin, placed ICICI Bank's Kochhar at the 5th spot while Axis Bank's Sharma has been ranked 21st.

What to watch for in Warren Buffett's Berkshire Hathaway letter

Warren Buffett, widely considered one of the world's best investors, is likely to tout the merits of passive investing this weekend to readers of his annual letter to Berkshire Hathaway shareholders.

HDFC Bank's Aditya Puri ranked 36th in Fortune's top bizmen list

Puri, who has led the second largest private sector lender since its inception in 1994, has been ranked 36th in the list, which evaluates corporate leaders' business performance.

'Bhattacharya, Kochhar among most powerful women outside US'

India's top women bankers, SBI chief Arundhati Bhattacharya, ICICI head Chanda Kochhar and Axis Bank CEO Shikha Sharma, are among the 50 most powerful women based outside the US, according to a list by Fortune which is topped by Banco Santander's boss Ana Botin.

Will Diwali bring a revival in investors' fortune?

The festive season is around the corner but some of the cheer has been dampened because of the increased volatility that we have seen in the market of late. Will 2016 fare any better, will Diwali bring a revival in investors' fortune. Sumaira Abidi of CNBC-TV18 discusses these issues with Harsha Upadhyay, CIO - Equity, at Kotak Mutual Fund.

How Anmol Biscuits was built: Vision & strategy

Watch accompanying videos of Making It Big which is focusing on Anmol Biscuits story and know how to challenge the conventional wisdom and make a fortune out of it.

Here are Ashish Chaturmohta's top trading ideas

Watch the interview of Ashish Chaturmohta of Fortune Group with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.

Here are Ashish Chaturmohta's few trading ideas

Watch the interview of Ashish Chaturmohta of Fortune Group with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.

Lucky Norway family wins national lottery three times

Good fortune and having children just seem to go together for Norwegian mother Hege Jeanette Oksnes.

Smoking Gun: Fat cigarette margin, other income lift ITC Q4

Cigarettes to FMCG and hotels major ITC's fourth quarter net profit rose a better-than-expected 26% year-on-year to Rs 1,614 crore. While overall the company continues to be driven by cigarettes, quarterly earnings were also boosted by higher other income and lower losses in its non-cigarette FMCG business.

Rise of China state-owned firms rattles US companies

When the leaders of the world's two biggest economies meet in Hawaii three months from now, US President Barack Obama will still be able to brag to Chinese President Hu Jintao that the United States has more big companies than any other nation on the planet.

35% of rev comes from Middle East: Acropetal Technologies

Bangalore-based IT service provider Acropetal Technologies' Rs 170 crore initial public offering (IPO) opened for subscription on Monday.