Some men are known for the empires and the legacy they create. Pallonji Mistry, the man who guided the 150-year-old Shapoorji Pallonji Group, into one of the biggest diversified organisations of 18 major companies, preferred to remain in the shadows of his deeds. Reclusive and reticent, Mistry is known for the iconic buildings he constructed…
by Rajesh Ravi - June 28, 2022
The spectre of inflation has cast a huge shadow on the global economy and it could deal a blow to the post-pandemic recovery. India cannot remain decoupled to the global concerns and the external shocks are likely to impact the domestic economy. However, a recent edition of Burgundy Private Hurun India 500-Special Report reveals that…
by Rajesh Ravi - June 27, 2022
ITC has made significant investments in renewable energy, which powers 24 factories, 14 hotels, and five office buildings across 14 states. The company is working with farmers to reduce greenhouse gas emissions and boost yields. ITC has initiated an integrated water stewardship programme covering 1.33 million acres of land Cigarettes-to-hotel conglomerate, ITC recently unveiled an…
by Meera V Nair - June 20, 2022
FISCAL YEAR 2022 IS A WATERMARK YEAR FOR WEALTH CREATION The financial year FY22 is generally regarded as a recovery year in the post-pandemic world. It is interesting to track wealth creation in the Indian equities market in the last fiscal. The combined market capitalization of all BSE listed companies increased 27% year-on-year (y-o-y) in…
by Vineeth Chandrababu - June 16, 2022
Marico aims to use fully recyclable packaging by 2025. “Sustainability 2.0 Framework”, a landmark in Marico’s sustainability story Bringing to light the company’s sustainable development Identifying 8 points that are part of the sustainability rollout Marico is aiming to use 100% recyclable packaging by 2025 and has joined a sustainable packaging partnership led by Dow…
by Meera V Nair - June 14, 2022
Story Highlights: · Sourced from sustainable forests · Low water use · Reduced greenhouse emissions Birla Cellulose, a division of Grasim Industries is planning to scale up the production of Liva Reviva circular fibre products to 100,000 tonnes per year. Liva Reviva, made from recycled cotton and other materials, has a smaller environmental footprint than…
by Meera V Nair - June 13, 2022
‘Ikigai’ , the Japanese philosophy, is a personal concept that has received much global familiarity over the last few years. The word implies one’s “reason for being” or “reason to wake up in the morning”. An ikigai can serve as a compass to navigate both career and life decisions, which people crave for now more…
by Shobita George - June 10, 2022
Have you ever heard of lassi getting prepared in washing machines? Well, it is very common in North India when the demand for cool beverages skyrocket during the hot and dry summers. Lassi parlors in Punjab and adjoining states use washing machines to churn yogurt and mix it. It is an innovative, simple and frugal…
by Shobita George - June 3, 2022
India and China have had consistent expansion in wealth creation and the economy in general over the previous few decades. With the recent Covid Outbreak, which disrupted the global economy, India, China, and the United States are on a steady growth towards recovery in terms of per-capita income, equity flows, and trade. Despite the fact…
by A R Junaid - April 1, 2022
Recently, Hurun India launched the 10th edition of the India Rich List which proved that India is witnessing the fastest wealth creation era in its history. The most important derivative of wealth creation is philanthropy. Subscribe to the full list of the IIFL Wealth Hurun India Rich List 2021 here The stories of the entrepreneurs…
by A R Junaid - November 18, 2021