01. President Ranil Wickremesinghe says SL’s access to the growing Indian and African markets should not be disrupted by any ‘big power rivalry’ or conflict; asserts Sri Lanka supports ASEAN’s vision of the Indo-Pacific region and is committed to ensuring the freedom of navigation in the Indian Ocean and the security of undersea cables, as it is essential for the future of the country.
02. Finance State Minister Ranjith Siyambalapitiya says Sri Lanka is due to receive US$ 7 billion more as a debt from two foreign banks, ADB and WB; stresses the international trust lost to the ‘debt default’ announced in April last year was restored following the IMF’s EFF.
03. Auditor General W.P.C. Wickramaratna warns many govt agencies have not yet handed over their financial statements on time, and in the backdrop the fulfillment of the conditions imposed by the IMF in the granting of loans to Sri Lanka may also be hindered; laments some public bodies tend to submit their statements of five years at once beyond the ‘correct procedure,’ and such reports cannot be accepted.
04. A Parliament Select Committee appointed to probe the levels of child malnutrition in Sri Lanka: Expected to inquiry into whether the child malnutrition issue in Sri Lanka is aggravating, to identify short-term, medium-term and long-term solutions to be implemented, and to oversee the speedy implementation of the measures due on establishment.
05. Senior Director of the global human rights watch dog Amnesty International Deprose Muchena arrives in Sri Lanka for the launch of Amnesty’s global annual report: Set to address the event as the key speaker: Aims to use his presence to highlight and stress on the urgent necessity to protect and promote human rights in Sri Lanka.
06. A Cabinet paper presented on the salaries of the public servants expecting nominations to contest the LG Polls: About 3,000 public servants expecting nominations and deprived of their salaries are suffering due to the incessant delay in the holding of the Polls: Subject Minister Janaka Wakkumbura said the aforementioned Cabinet paper will resolve the matter.
07. Drug trafficker ‘Army Sanath’ believed to be the weapons mule to underworld gangster Nandun Chinthaka alias ‘Harak Kata’ arrested by the Police STF: Suspect wanted for a series of crimes and arrested for the possession of 15 g of heroin: Sanath at the behest of Kata said to have had delivered arms used to commit shooting, and wiped them clean after the crimes were committed, later to be handed over to various other individuals.
08. IOC Chief Shrikant Madhav Vaidya called on President Ranil Wickremesinghe over the weekend: Vaidya presents 500 IOC-produced indoor solar cooking systems to Sri Lanka, and a unique jacket made of sustainable threads retrieved by recycling PET bottles under India’s ‘Unbottled Initiative’.
09. Finance State Minister Ranjith Siyambalapitiya says the sale of alcohol and cigarettes has dropped by 30 – 40 per cent, due to the imposition of a higher tax on them; adds most low-income earners are unable to afford alcohol and cigarettes.
10. The Sri Lanka Rupee on Monday indicates another slight depreciation against the US Dollar: Buy price Rs. 314.82; Sell price Rs. 332.58: The US Dollar said to be sold for higher prices in the black market.
27.03.2023 (Amnesty International): Deprose Muchena will be the key speaker at the regional launch of the Annual Report 2023 on 28 March in Colombo, Sri Lanka. Given the current economic crisis and human rights situation in Sri Lanka, he aims to use his presence to highlight and stress on the urgent need to protect and promote the rights of the of the island’s 22 million people.
Deprose Muchena is the Senior Director for Regional Human Rights Impact at Amnesty International where he oversees Amnesty regional offices across the world to lead the mandate of expanding human rights footprint.
He has previously worked with United States Agency for International Development (USAID) and Open Society Initiative for Southern Africa (OSISA). He has co-edited two books and holds two Master’s Degrees from the University of Cape Town and University of Zimbabwe. He has undertaken advanced Leadership training at Harvard University, Syracuse University, and INSEAD Business School.
Deprose Muchena will be available for media interviews on a range of human rights issues including:
Sri Lanka’s economic crisis, IMF loan and paths to inclusive reforms and accountability
Rich, western countries’ double standards and the failure to unite around consistently applied human rights and universal values
Inadequate responses to a climate and refugee crisis in South Asia, and intense crackdown on the right to protest in Sri Lanka, Pakistan, Bangladesh, Maldives, India, Afghanistan and Nepal
Failure to protect Women’s rights and freedom to protest
Colombo (LNW): A Cabinet paper on the salaries of the public servants who are expecting nominations to contest the upcoming Local Government Election is set to be presented to the Cabinet by Prime Minister Dinesh Gunawardena today (27).
The move comes in weeks after the paycheques of the public servants who had submitted nominations for the LG Polls were suspended.
Due to the suspension of the salaries, about 3,000 public servants expecting nominations were thrown into a pit of torment amidst the ongoing uncertainty of the holding of the Polls, but the government says that the aforementioned paper will resolve the matter.
The Cabinet paper is being presented in consideration of the upcoming Festive Season and requests that the basic salaries of the said public servants be paid from March 09 to April 25, 2023, State Minister of Local Government and Provincial Councils Janaka Wakkumbura said.
A method letting the government employees resume work at their workplaces instead of being paid only the basic salary may be sought, should the LG Polls delay even further, he went on, adding that any other future action will be taken in consultation with the Election Commission.
NJCM India: India’s economy has become the world’s fifth-largest economy, and the contribution of the Indian billionaires in building our economy can’t be ignored. Although the nation’s economy largely suffered due to the pandemic, efforts are made by the Indian government, and the richest men in India play a vital role in it. Thus here in our article, we will let you know the names of the Indian Richest Man 2023 Top 10 List with Net Worth in USD & INR. So if you are keen to know who is the Indian Richest Man 2023 keep reading the post till the end.
Indian Richest Man 2023
Our Indian economy is a mixed middle-income developing social economy. Likewise, in every nation, the country’s billionaires play a vital economic role. These billionaires adapt to the changing business needs of the growing global population to sustain themselves in the market and to be at the top position in the list of the Top 10 Indian Richest Man.
Although the net worth of the wealthiest Indian fluctuates with the inconsistent market conditions resulting in a change in the no. of position in our list of the Top 10 wealthiest men in India. Hence to know who is the Indian Richest Man 2023, keep scrolling down.
Top 10 Indian Richest Man List
The Top 10 List of Indian Richest Man changes every year. The data collected from various surveys are considered before preparing the Top 10 List of Indian Richest Man. Popular magazine Forbes listed the wealthiest man in India at the end of the previous year, 2022.
You will be surprised to know the Indian Richest Man as he grabs the first position by not just with a mere difference; instead, his net worth is almost double of the man coming at the second position. The reason for this difference is majorly due to the pandemic. So without any further delay, let’s dive into the topic.
The industrialist and the founder of the Adani Group, Gautam Shantilal Adani, is the Richest Man in India. Since the Modi government came into existence, Adani’s firms have won many Indian infrastructure and energy government contracts. Despite the allegations of stock manipulation and fraud, the net worth of the billionaire drastically increased by 60%. The Business conglomerate has now placed in the 26th position in the list of the world’s richest men of Forbes and the Bloomberg Billionaire Index.
The business tycoon has a variety of industries including real estate, power generation, commodities, infrastructure, mining etc. In 2020 Adani bought a 74% share in Mumbai International airport. Moreover, he also started a coal mining project in Australia.
The Chairman of Reliance Industries, Mukesh Ambani, holds the ninth position in the global ranking of the top billionaires and second in our list of Indian Richest Man. Amabni dominates the Indian telecom market and is interested in diverse fields like retail, petrochemicals, oil and gas and many more. Amabani’s Reliance Industries is the most valuable company in the Indian market. The business tycoon raised over $20 billion by selling a third of the telecom company Jio to Google and Facebook during the pandemic.
Shiv Nadar, nicknamed Magus, is the founder and chairman of HCL Technologies and Shiv Nadar Foundation. The tech giant founded HCL in the middle of1970s and, over three decades, made the hardware company into an IT corporation. After his retirement in 2020, his daughter is working as the CEO of the IT company HCL. The billionaire is the 56th richest man in the world, according to Forbes and is also known for his donations. He almost donated over $ 650 million to his Shiv Nadar Foundation to subsidise education in India.
4. Cyrus Poonawalla – Net Worth- $ 24.3 billion USD & INR 1.73 Lakh Crore
Cyrus S. Poonawalla is the Chairman and MD of the Cyrus Poonawalla Group. Poona walla’s Serum Institute of India is the world’s largest manufacturer in India, and Poonawalla Fincorp is a supreme NBFC in India. In the Forbes list of the Indian Richest men, Cyrus Poonawalla ranked number four with $ 24.3 billion. His son Adar has recently invested $ 800 million in constructing a new plant producing Covid-19 doses.
5. Savitri Jindal and family- Net Worth- $ 20.5 billion USD & INR 1.62 Lakh Crore
Savitri Devi Jindal, the widow of Omprakash Jindal, the founder of O.P. Jindal Group, is a businesswoman and politician. She presently serves as the chairperson of O.P. Jindal Group and the president of Maharaja Agrasen Medical College, Agroha. She is the richest woman in India. Following her husband’s death in a helicopter crash, she managed the business very well, and the business also grew under her leadership.
The business magnate Radhakishan Shivkishan Damani is the founder of Avenue Supermarts Limited and most famously known as the retail king in India. When he started, he held a single supermarket in Mumbai, and now his retail chain has more than 221 DMarts stores. Mr Damani is also th owner of an investment firm, Bright Star Investments Limited. Moreover, he also owns stakes in the tobacco company VST and Indain Cements. He was ranked 98th on the list of the Bloomberg Billionaire Index.
Padma Shri awarded Dilip Shanghvi as the founder of a pharmaceutical company, Sun Pharmaceuticals. His company has now become the leading pharmaceutical supplier. In 2021 Shanghvi held the 14th rank on the list of the Richest Man in India. Currently, the businessman also invested in renewable energy and oil and gas.
8. Sunil Mittal and family- Net Worth- $ 14.8 billion USD & INR 1.35 Lakh Crore
Sunil Bharti Mittal, a renowned businessman and philanthropist, is the chairperson and founder of Bharti Enterprises. The business tycoon has an interest in real estate, telecom, malls, Agriculture and food, insurance, hospitality and other ventures. India’s biggest telecom company, Bharti Airtel, operate in 18 countries in Asia and Africa. He was also awarded the prestigious Padma Bhushan award in 2007.
Kumar Mangalam Birla is the chairman and CA of one of the giant conglomerates in India, Aditya Birla Group. Birla became the chairman of Aditya Birla Group following the demise of her father and increased the turnover of the company from US$2 billion to US$45 billion in six years. Over 50 % of the company’s revenue is from overseas, which includes 36 countries. Multiple famous brands like Van Heusen, Allen Solly, Ultra Tech cement, and Pantaloons are owned by the company.
Indian Steel king Laxmi Niwas Mittal is the founder of Mittal Steels, the largest producer of steel in India. He is the executive chairman of the world’s second-largest steel manufacturing company, Arcelor Mittal. In 2005 Lakshmi Mittal was the third wealthiest person in the world on the Forbes list. By that time, he was the first Indian to come to the top 10 list of wealthiest people in the world.
I hope you are now aware of the Top 10 wealthiest men in India. If you want to ask anything regarding the topic, you are welcome to ask in the comment box. For more such updates, do visit our website frequently.
Colombo (LNW): The Sri Lankan Rupee today (27) has once again indicated a slight depreciation against the US Dollar, revealed the Exchange Rates by the Central Bank of Sri Lanka (CBSL).
Accordingly, the buy price of a US Dollar is Rs. 314.82, and the sell price, Rs. 332.58.
The slight depreciation appears days after the Sri Lankan Rupee indicated an irregular fluctuation against the US Dollar, wobbling between appreciation and depreciation since the drastic drop of the value of the foreign currency three weeks ago.
Meanwhile, the US Dollar is said to be sold for higher prices in the black market, according to sources.
Colombo (LNW): A Parliament Select Committee (PSC) has been appointed to probe the levels of child malnutrition in Sri Lanka.
Chaired by MP Vadivel Suresh, the newly appointed PSC is expected to inquiry into whether the child malnutrition issue in Sri Lanka is aggravating and to identify short-term, medium-term and long-term solutions to be implemented, and to oversee the speedy implementation of the measures due on establishment.
MPs Nalin Fernando, Dr. Seetha Arambepola, A. Aravindh Kumar, Geetha Kumarasinghe, Dr. Sudarshini Fernandopulle, Dr. Gayashan Nawananda, Sivagnanam Shritharan, Dr. Kavinda Jayawardhana, Rohini Wijerathna, Dr. Upul Galappaththi, Kins Nelson, Muditha Prishanthi, Ali Sabri Raheem, Kumarasiri Rathnayaka, Rajika Wickramasinghe, Weerasumana Weerasinghe, Manjula Dissanayake, Prof. Charitha Herath, Dr. Harini Amarasuriya, and Jagath Samarawickrama represent the committee as members.
Colombo (LNW): Senior Director of the global human rights watch dog Amnesty International Deprose Muchena has arrived in Sri Lanka for the launch of Amnesty’s global annual report.
Muchena is set to address the launch as the key speaker, and aims to use his presence to highlight and stress on the urgent necessity to protect and promote human rights in Sri Lanka.
The regional launch of the Annual Report of Amnesty will be held on March 28, 2022 in Colombo, Sri Lanka.
Muchena is the Senior Director for Regional Human Rights Impact at the international human rights watchdog overseeing Amnesty regional offices across the world, to lead the mandate of expanding human rights footprints.
Colombo (LNW): Commenting on the US visit via Twitter, US Ambassador Julie Chung says “Tea production is key to Sri Lanka’s economy and the region’s success.
She noted that she had met with the Managing Director and Regional Manager of Hayleys Plantation to explore a business owner’s perspective on challenges from the economic crisis and how to meet the needs of plantation workers.”
Ari Lanka’s most awarded Plantations Company, Hayleys Plantations, and recently hosted US Ambassador to Sri Lanka Julie Chung, on an exclusive tour of its Pedro Estate in Nuwara Eliya.
During her visit, Hayleys Plantations Managing Director Dr. Roshan Rajadurai and his team demonstrated the innovative technology and processes set in place at Kelani Valley Plantations (KVPL), including its implementation of digital weighing scales linked to personalized NFC cards to reliably track and reward employees on performance.
The tour also included discussions on a range of initiatives undertaken by Hayleys Plantations to support the health and well-being of their workforce and address the challenges presented by the current economic crisis.
These initiatives were showcased in detail during the visit, with the team providing an overview of the company’s exceptional welfare programs implemented over the last two years.
One of the main highlights of the event was the recognition given to the RPC’s award-winning ‘Home For Every Plantation Worker’ project, which has improved the quality of life for more than 8,700 employees and their families, benefiting a total of over 58,000 people. By focusing on health and nutrition management, well-being, capacity building, and the enhancement of living conditions, the project aims to provide comprehensive support to workers and their loved ones.
The visit follows that of Ambassador of Japan to Sri Lanka Hideaki Mizukoshi to the Pedro Estate late last year.
It has been a pleasure to witness how Sri Lanka’s world-renowned tea is manufactured. We were privileged to visit the beautiful tea fields and experience the new innovations in sustainability and HR pioneered by Hayleys Plantations.
Employees are at the heart of any enterprise, and this was clearly evident during the discussions she said adding that he had with some of the employees.
Ambassador Mizukoshi commented on his visit he extended best wishes the company all the best in their future endeavours and applaud the unique processes and systems they have put in place with the support of JASTECA,”.
Comprising three top-rated Regional Plantation Companies, Kelani Valley Plantations PLC (KVPL), Talawakelle Tea Estates PLC (TTEL) and Horana Plantations PLC (HPL), which are managed by Hayleys Plantations, the sector owns 60 tea and rubber estates covering approximately 26 hectares of land spanning three distinctive agro-climatic regions.
Colombo (LNW): A drug trafficker who goes by the alias ‘Army Sanath’ has been arrested by the Police Special Task Force, during a raid in Ahangama area.
The wanted criminal is believed to be a weapons accomplice to underworld gangster Nadun Chinthaka aka Harak Kata, and is said to be wanted for a series of crimes in the country.
The suspect was arrested for the possession of 15g of heroin, and is believed to have been operating the criminal and drug network of Harak Kata.
According to STF investigations, Sanath at the behest of Kata had delivered arms used to carry out shooting in the recent past, and wiped them clean after the crimes were committed, later to be handed over to various other individuals.
Colombo (LNW): Chairman of the Indian Oil Company (IOC) Shrikant Madhav Vaidya called on President Ranil Wickremesinghe over the weekend in a cordial meeting.
The IOC Chief met with the Sri Lankan President along with Secretary to the Indian Ministry of Petroleum and Natural Gas Shri Pankaj Jain.
During the meeting, Vaidya presented 500 IOC produced indoor solar cooking systems to Sri Lanka, in the presence of Indian High Commissioner to Sri Lanka, Gopal Baglay.
The IOC Chief also presented a unique jacket made of sustainable threads retrieved by recycling PET bottles under the neighbour country’s ‘Unbottled Initiative.’
Mr. Vaidya also attended an event to inaugurate three filling stations of Lanka IOC in Colombo, and the opening of the new premises was carried out remotely.
Chairman IndianOil Mr Shrikant Madhav Vaidya in presence of HE Sectry,MoPNG India Pankaj Jain,HE HCI Gopal Baglay & othr dignitaries donated 500 Indoor Solar Cooking systems indigenously done by IOC with symbolic unveiling to Hon’ble President of SL Mr Ranil Wickremesinghe pic.twitter.com/Pvgqw3RfHH
