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☆ Russia's grand railway plan to get around Western sanctions is about to get even bigger
▼ + stars: | 2024-03-14 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

And it's now also linking south toward India and countries in the Persian Gulf, the New York Times reported on Wednesday. AdvertisementIn addition, Russia is also restoring another railway line that would allow it to access Turkey, the Times reported on Wednesday. Russia's push for rail freight follows two years of Western sanctions against the country over its war in Ukraine. The restrictions hit Russia's trade with Europe, traditionally its single largest market. AdvertisementAs Ram Ben Tzion, the CEO of freight vetting platform Publican, told the Times, Russia is creating "a trade route for the pariahs."

Persons: —, it's, Ram Ben Tzion, David Szakonyi, Szakonyi Organizations: Service, Bloomberg, New York Times, Times, Business, Reuters, West, George Washington University, Profit Locations: Russia, Moscow, China, India, Persian, Iran, Mumbai, Suez, Turkey, Ukraine, Europe, Policymaking, Russian, Crimea

☆ Former EY partner shares how he climbed the corporate ladder to walk away from it all and become a math teacher
▼ + stars: | 2024-03-14 | by ( Marylou Costa | ) www.businessinsider.com time to read: +6 min

I made my way up from a senior consultant to manager and then a director," Swaroop told Business Insider. Swaroop, alongside many of his fellow Arthur Andersen & Co employees, moved to EY after it absorbed some of the Arthur Andersen & Co operations. 'I was at the right place at the right time'At EY, Swaroop shone. Swaroop told BI he read about Lucy Kellaway, the Financial Times editor who left journalism to become a trainee teacher. AdvertisementThree years on, Swaroop told BI he feels energized and inspired in his new career — even if he now earns a fraction of what he used to.

Persons: —, Deepak Swaroop, Swaroop, Arthur Andersen, India Swaroop, EY, Lucy Kellaway, Kellaway, wouldn't Organizations: Service, Harvard, MIT, Business, Arthur Andersen & Co, Arthur Andersen &, Enron, Automation, Financial Times Locations: EY, London, India, Delhi, Mumbai, Europe, East, Africa

☆ Asia markets set for mixed open as Wall Street rally falters; India wholesale inflation on deck
▼ + stars: | 2024-03-14 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Beautiful and colorful aerial view of Mumbai skyline during twilight seen from Currey Road, on February 16, 2022 in Mumbai, India. Pratik Chorge | Hindustan Times | Getty ImagesAsia-Pacific markets are set for a mixed open after Wall Street's tech-fueled rally dissipated, with Nvidia falling 1.1%, Meta slipping 0.8% and Apple dropping 1.2%. On Thursday, investors will assess India's wholesale inflation, while also monitoring any news coming out of Japan's spring wage negotiations. Japan's wage negotiations wrapped up on Wednesday, with the first overall estimate due out on Friday. Japan's Nikkei 225 is set to fall following these reports as markets price in the possibility of the BOJ tightening policy.

Persons: Pratik Organizations: Hindustan Times, Getty, Nvidia, Apple, Bank of Japan, Japan's Nikkei Locations: Mumbai, India, Asia, Pacific, Chicago, Osaka, Australia

☆ From Moscow to Mumbai: Russia Pivots South for Trade
▼ + stars: | 2024-03-13 | by ( Ivan Nechepurenko | Sergey Ponomarev | ) www.nytimes.com time to read: +1 min

For centuries, trade with Europe was the main pillar of Russia’s economy. The war in Ukraine ended that, with Western sanctions and other restrictions increasingly cutting Russia off from European markets. That southern route has now become a focus of Russian policymakers as they try to build infrastructure for their plans to pivot away from the West for good. The effort faces challenges, including questions over financing, doubts over the reliability of Russia’s new partners, and threats of Western sanctions targeting countries that trade with Russia. “As Russia’s traditional trade routes were largely blocked, it had to look at other options,” said Rauf Agamirzayev, a transport and logistics expert based in Baku, Azerbaijan, referring to the southern route.

Persons: ”, Rauf Agamirzayev Organizations: Iran Locations: Europe, Ukraine, Russia, Moscow, China, India, Persian, Mumbai, Baku, Azerbaijan

☆ 'The ultimate adventure': Why more Indian travelers are taking extreme road trips
▼ + stars: | 2024-03-11 | by ( Kalpana Sunder | ) www.cnbc.com time to read: +5 min

More Indians are taking road trips these days — both within the country and beyond, solo and in groups — as access to better vehicles and better roads grows in the country. However, Sai took her first road trip back in 2016, before it became a trend. Sai now runs an overland driving company that organizes road trips across countries like Namibia, Georgia, Armenia, Nepal and Mongolia. Source: Rishad Saam Mehta,Since then, Mehta has taken more than 100 road trips across some 50 countries. Agarwal has traveled to 92 countries and gone on road trips in six continents.

Persons: Meenakshi Sai, she's, Sai, There's, Pollachi —, Meenakshi, —, Saam Mehta, Rishad Saam Mehta, Mehta, Tushar Agarwal, Sanjay Madan, Agarwal, Madan Organizations: Tata Motors, Ferrari, Bavarian, Toyota, Ford, Discovery Locations: Coimbatore, India, St . Petersburg, Russia, Thailand, Manipur, India's, Bangkok, London, Mumbai, Poland, Uzbekistan, Meenakshi Sai, Kyrgyzstan, Namibia, Georgia, Armenia, Nepal, Mongolia, Delhi, Ladakh, China, Munich, Austrian, Spiti, Northern India, New England, Jordan, …, Australia

☆ These tourist hot spots are introducing entry fees and price hikes for 2024
▼ + stars: | 2024-03-09 | by ( Maureen Ohare | ) edition.cnn.com time to read: +4 min

See more, pay moreMore and more tourist hot spots are introducing visitor caps and entry fees to prevent overcrowding - and, whaddya know, it gives their coffers a little boost, too. There’s a new $13 charge for climbing Japan’s famous (and congested) Mount Fuji, which follows Japan’s 70% price hike for tourist rail passes. The Louvre art museum in Paris, home to the Mona Lisa, has raised ticket prices by almost a third, ahead of the Paris Olympics this summer. Walt Disney World Resort in Florida has already introduced higher park ticket prices for next year. Some of the lowest single-day, single-park ticket prices have gone up by $10 for 2025.

Persons: whaddya, Mona Lisa, It’s, Walt, Romeo, Juliet, ”, they’d Organizations: CNN, Fuji, Paris, Walt Disney World, Eiffel, United Airlines, Airbus Locations: Paris, London, Thailand, China, Seville, Spain, Louvre, Europe, Asia, Florida, Italian, Trafalgar, Bangkok, Mumbai, Houston, Australian, Lazio, Italy, Arizona, Basilicata, United States

☆ Krystyna Pyszková of Czech Republic crowned Miss World 2024
▼ + stars: | 2024-03-09 | by ( Alex Rees | ) edition.cnn.com time to read: +2 min

CNN —Besting 111 of her fellow titleholders from across the globe, Krystyna Pyszková of the Czech Republic was crowned Miss World 2024 on Saturday in Mumbai, India, where the international pageant was held this year. Krystyna Pyszková, the newly-crowned Miss World, models during the "Best Designer Award" contest at the 71st Miss World pageant preliminaries on March 2. Chopra Jonas appeared at the pageant in a video message, paying tribute to both Miss World owner Julia Morley and Nita Ambani, winner of the pageant’s Humanitarian Award. Pyszková replaces the outgoing Miss World, Karolina Bielawska, of Poland, whose reign dates back to March 2022. (Due to scheduling issues, no Miss World pageant was held in 2023.)

Persons: Krystyna Pyszková, Francis Mascarenhas, Aché Abrahams, Lesego, Jessica Gagen, ”, Aishwarya Rai Bachchan, Priyanka Chopra Jonas, Chopra Jonas, Julia Morley, Nita Ambani, Pyszková, Karolina Bielawska Organizations: CNN, Miss, 71st Miss Locations: Czech Republic, Mumbai, India, Africa, Americas, Caribbean, Asia, Oceania, Europe, Lebanon, Trinidad and Tobago, Botswana, England, United Kingdom, Poland

☆ The extravagant Ambani pre-wedding party was an affront to the millions of Indians in poverty, critics say
▼ + stars: | 2024-03-08 | by ( Joshua Zitser | Spriha Srivastava | ) www.businessinsider.com time to read: +5 min

But critics say it showed a telling disregard for the struggles of the many millions of Indians living in poverty. Spanning three days, the pre-nuptial event included a private performance by Rihanna, which estimates suggest cost up to $9 million. AdvertisementTripathi pointed out that 800 million of India's 1.4 billion population receive monthly food rations of wheat or rice. Sohini Kar, an associate professor at the London School of Economics, whose work focuses on urban India, told BI she agrees. Anant Ambani and Radhika Merchant serve traditional Gujarati food to villagers ahead of their pre-wedding celebrations on the outskirts of Jamnagar, India.

Persons: —, Anant Ambani, Asia's, Radhika Merchant, Rihanna, Nita Ambani, Shyam Bihari, WaterAid, Haldia, Rakhi Tripathi, Tripathi, Sohini Kar, Kar, St Louis Fed, Mukesh Ambani, Ratan Tata, Nita, Stringer Organizations: Service, Business, Bank, New, of Management, London School of Economics, BI, Oxfam International, St, Bloomberg, Architectural Digest, Reliance Foundation, Reuters Locations: India, Delhi, Asia, Mumbai, Jamnagar, Gujarat

☆ You probably missed one of the biggest shows of wealth at the Ambanis' pre-wedding celebration, and it had nothing to do with the bride and groom
▼ + stars: | 2024-03-07 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Read previewThere were grandiose displays of wealth at Anant Ambani's pre-wedding celebrations in India, but the mother of the groom-to-be may have stolen the show. Anant is the youngest son of Nita and Mukesh Ambani. Radhika Merchant and Anant Ambani, son of Mukesh Ambani, the Chairman of Reliance Industries. AdvertisementThe Mirror of Paradise ring. Last weekend, Anant personally thanked and praised Nita during a speech for pulling the pre-wedding celebration together.

Persons: —, Anant Ambani's, Anant, fiancée Radhika Merchant, Nita, Mukesh Ambani, Mukesh, Radhika Merchant, Anant Ambani, Rihanna, Bill Gates, Mark Zuckerberg, Manish Malhotra, that's, Richard Drew, Nita Mukesh Ambani, She's, Mama Organizations: Service, Business, Reliance Industries, GQ India, Bazaar Locations: India, Asia, Mumbai

☆ A revived luxury cruise line wants you to spend 4 ½ months at sea sailing to 27 countries for $84,000
▼ + stars: | 2024-03-07 | by ( Brittany Chang | ) www.businessinsider.com time to read: 1 min

On January 11, 2026, the cruise line says its Crystal Serenity will head west from California to Pacific Islands like Bora Bora. Crystal says its 2026 world cruise will stop at Dubai. Lu ShaoJi/Getty ImagesThen, it's off to New Zealand and Australia before hitting destinations like Hong Kong, Mumbai, and Bali, Indonesia.

Persons: Lu ShaoJi Locations: California, Pacific, Bora, Dubai, New Zealand, Australia, Hong Kong, Mumbai, Bali, Indonesia

☆ The Ambani family owns the world's most expensive private residence. Take a look at their Mumbai tower, Antilia, which cost $1 billion to build, has 3 helipads, and contains a 168-car garage.
▼ + stars: | 2024-03-07 | by ( Dan Latu | ) www.businessinsider.com time to read: +1 min

The Ambani family, which just threw a pre-wedding party for son Anant, has built a tower in Mumbai. The 27-story house, called Antilia, is said to be the most expensive private residence in the world. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMukesh Ambani, India's richest man, and his family live in a fittingly opulent 27-story tower on Mumbai's most exclusive street.

Persons: Anant, —, Mukesh Ambani Organizations: Service, Guinness, World Records, Business Locations: Mumbai, Europe

☆ Gold holds above $2,100 near record high, focus on Powell testimony
▼ + stars: | 2024-03-06 | by ( ) www.cnbc.com time to read: +2 min

Gold prices held above the $2,100 level on Wednesday, near a record peak hit in the previous session as hopes for U.S. rates easing by mid-year mount, while traders awaited remarks on the economy's health from Federal Reserve Chair Jerome Powell. Gold prices held above the $2,100 level on Wednesday, near a record peak hit in the previous session as hopes for U.S. rates easing by mid-year mount, while traders awaited remarks on the economy's health from Federal Reserve Chair Jerome Powell. Spot gold edged down 0.1% at $2,126.13 per ounce, as of 0458 GMT. Spot prices hit a record peak of $2141.59 per ounce overnight on Tuesday, rallying for a fifth straight session. Spot platinum rose 0.4% to $884.16 per ounce, and palladium rose over 1% to $958.20, while silver dropped 0.3% to $23.63.

Persons: Jerome Powell, Ajay Kedia, Kunal Shah Organizations: Federal, Kedia Commodities, Traders, U.S, Nirmal, Commodities Locations: Mumbai, U.S

☆ Menno van Gorp: ‘Breaking has total freedom for me,’ says medal hopeful in the newest Olympic sport
▼ + stars: | 2024-03-05 | by ( George Ramsay | ) edition.cnn.com time to read: +7 min

CNN —To the tune of a Miles Davis trumpet solo, Menno van Gorp is stepping up his training ahead of this year’s Paris Olympics. “I love to practice on jazz,” van Gorp tells CNN Sport. “I’m building here a dance studio in Rotterdam and I’m working also on the new generation here,” van Gorp explains. In order to qualify for the Games, van Gorp will hope to earn selection via the Olympic Qualifier Series in May and June. “If you want to make art,” says van Gorp, “you want to make something that’s really you – not somebody else.”

Persons: Miles Davis, Menno van Gorp, van Gorp’s, ” van Gorp, Menno, “, it’s, ”, van Gorp, Van Gorp, Daphne Plomp, aren’t, ” Van Gorp, you’re, Gorp, Little Shao, calisthenics, van, Baptiste Fauchille, –, that’s Organizations: CNN, Paris Olympics, CNN Sport, Tilburg, Red Bull, South, DanceSport, Olympics, Games Locations: Paris, Netherlands, New York, Mumbai, India, South Korean, Rotterdam, Lyon, France

☆ Zuckerberg, Rihanna and Bill Gates were among guests at lavish bash for son of Asia's richest man
▼ + stars: | 2024-03-04 | by ( Arjun Kharpal | ) www.cnbc.com time to read: 1 min

Anant Ambani, left, son of Chairman of Reliance Industries Limited Mukesh Ambani and his fiancee Radhika Merchant greet media persons during their engagement ceremony in Mumbai, India, Thursday, Jan. 19, 2023. Tech executives including Mark Zuckerberg and Bill Gates attended a lavish, three day, pre-wedding celebration for the son of Indian billionaire Mukesh Ambani, Asia's richest man, over the weekend. The bash was held to celebrate the upcoming marriage of Anant Ambani, the youngest of Mukesh Ambani's sons, to Radhika Merchant, scheduled for later this year. Mukesh Ambani is the world's ninth-richest person with a net worth of $117.8 billion, according to Forbes. He is the chairman of Reliance Industries , a conglomerate that spans everything from oil and gas to telecommunications.

Persons: Anant Ambani, Mukesh Ambani, Radhika Merchant, Mark Zuckerberg, Bill Gates, Mukesh Ambani's Organizations: Reliance Industries, Tech, Forbes Locations: Mumbai, India

☆ Anant Ambani pre-wedding photos: Rihanna, Mark Zuckerberg among stars at Indian billionaire heir’s celebrations
▼ + stars: | 2024-03-04 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

Ambani is the youngest son of Asia’s richest man, Mukesh Ambani, who has an estimated fortune of $117 billion, according to Forbes. Jared Kushner, Ivanka Trump and their daughter Arabella pose with the groom's father, billionaire Mukesh Ambani. On Wednesday, the Ambani family hosted a communal dinner for more than 50,000 villagers. Reliance Industries/Handout/ReutersActors Salman Khan, Ram Charan, Shah Rukh Khan and Aamir Khan perform during the pre-wedding celebrations. Reliance Industries/Handout/ReutersBillionaire industrialist Mukesh Ambani with his son Anant and wife Nita.

Persons: Mark Zuckerberg, Bill Gates, Ivanka Trump, jetted, Anant Ambani’s, Rihanna, David Blaine, Sachin Tendulkar, Shah Rukh Khan, Ambani, Mukesh Ambani, Radhika Merchant, Jared Kushner, Arabella, ”, Paula Hurd, Ranveer Singh, Deepika Padukone, Salman Khan, Ram Charan, Aamir Khan, Saif Ali Khan, Kareena Kapoor Khan, Taimur Ali, Anant, Nita, Anjali Organizations: CNN, Forbes, Reliance, Reuters, Reliance Foundation, Microsoft, Reliance Industries, Reuters Billionaire, AP Former India Locations: India, Silicon Valley, Jamnagar, Gujarat, New Delhi, Mumbai

☆ After all that, the Ambani heir isn't even married yet
▼ + stars: | 2024-03-04 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

Asia's richest family, the Ambanis, threw a lavish three-day pre-wedding party for Anant Ambani. Bill Gates and Mark Zuckerberg attended the bash, which featured a private Rihanna concert. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA star-studded guest list, designer gowns galore, and a private Rihanna concert — and that was just for the Ambani pre-wedding bash.

Persons: Anant Ambani, Bill Gates, Mark Zuckerberg, —, Ambani, Radhika Merchant, Viren Merchant, Donald Trump's, Ivanka Trump, Rihanna, Mukesh Ambani's, Isha Ambani, Anand Piramal, Shah Rukh Khan, Priyanka Chopra, Nick Jonas, Hillary Clinton Organizations: Service, Encore Healthcare, Viren, Guardian, Beyoncé Locations: Indian, Gujarat, Jamnagar, Mumbai

☆ The rise and fall of Byju's, once a startup darling in India
▼ + stars: | 2024-03-01 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

Signage at a Byju's Tuition Center, operated by Think & Learn Pvt., in Mumbai, India, on Friday, Feb. 2, 2024. It was most recently slashed to $1 billion, after BlackRock downsized its holdings in Byju's last month, according to media reports. Last Friday, major Byju's shareholders, including Netherlands-based global investment group Prosus, voted to oust founder Byju Raveendran as chief executive officer. Investors who attended an extraordinary general meeting "unanimously passed all resolutions put forward for vote," which also sought to change the board, according to a statement Prosus sent CNBC. "As the founders did not participate in the meeting, the quorum was never legitimately established, rendering the resolutions null and void."

Persons: Dhiraj Singh, Prosus, Byju Raveendran, Byju's Organizations: Bloomberg, Getty, BlackRock, Investors, CNBC, Honorable Karnataka Locations: Mumbai, India, Byju's, Netherlands, Bengaluru

☆ Anant Ambani pre-wedding bash: Celebrities, tycoons jet to Indian billionaire heir’s celebrations in Jamnagar
▼ + stars: | 2024-03-01 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

New Delhi Reuters —Charter jets for tycoons and celebrities, a performance by Rihanna and directions to don “jungle fever” outfits when visiting an animal rescue center — that’s how billionaire Mukesh Ambani is kickstarting big fat Indian wedding celebrations for his son. The occasion of the moment that has India transfixed is a three-day pre-wedding jamboree for his youngest son Anant Ambani, 28, who is set to marry his long-time girlfriend Radhika Merchant, 29. Anant is a director at Reliance’s new energy business and one of Ambani’s three children who are the heirs to his empire. Ambani also made headlines with his daughter Isha’s wedding in 2018 which was described by some as a mini-Davos summit. Guests to Anant Ambani’s celebrations are set to savor 500 dishes created by around 100 chefs.

Persons: Rihanna, Mukesh Ambani, Ambani, Anant Ambani, Radhika Merchant, Anant, David Blaine, Bill Gates, Meta’s Mark Zuckerberg, Gautam Adani, Kumar Mangalam Birla, Shah Rukh Khan, Salman Khan, Bob Iger, Hillary Clinton, John Kerry, Anant Ambani’s Organizations: Delhi Reuters —, Reliance, Forbes, Disney, Reliance’s, Encore, Former U.S, Reuters Locations: Delhi, India, Jamnagar, Reliance’s, Gujarat, Davos, Former, New Delhi, Mumbai

☆ Meet the Ambanis, who live in a $1 billion skyscraper and mingle with royals and Bollywood stars
▼ + stars: | 2024-03-01 | by ( Katie Warren | Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Mukesh Ambani is worth $111 billion, according to the Bloomberg Billionaires Index. The Ambanis live in a 27-story skyscraper in Mumbai thought to have cost $1 billion to construct. The Ambanis made headlines in 2018 for throwing one of the most lavish wedding celebrations ever for Isha Ambani and Anand Piramal. This week the family is staging an extravagant 3-day pre-wedding celebration for Anant, Mukesh Ambani's youngest son. The Ambani family home in Mumbai is a 27-story skyscraper that cost an estimated $1 billion to build.

Persons: Mukesh Ambani, —, Anant, Isha Ambani, Anand Piramal, Priyanka Chopra, Nick Jonas, Hillary Clinton, Arianna Huffington, Mukesh Ambani's, Bill Gates, Mark Zuckerberg, Rihanna, Sundar Pichai, Jay Y, Lee, Ambani Organizations: Bloomberg, Reliance Industries, Service, Tech, Guardian, Reuters, Samsung Electronics, The Locations: Mumbai, India, Gujarat, The Times

☆ A complete timeline of Tom Holland and Zendaya's relationship
▼ + stars: | 2024-03-01 | by ( Olivia Singh | ) www.businessinsider.com time to read: +53 min

AdvertisementNovember 2016: Holland and Zendaya appear in their first-ever joint cover, for The Hollywood ReporterZendaya and Tom Holland in June 2017. March 2021: Holland describes Zendaya as 'very sensible and humble'Zendaya and Tom Holland in June 2017. November 17, 2021: Holland and Zendaya comment on their relationship going publicZendaya and Tom Holland in "Spider-Man: No Way Home." February 18, 2022: Tom Holland denies reports that he bought a new house in London with ZendayaTom Holland in February 2022. I visited a lot while they were shooting it and I really, really enjoyed it.

Persons: —, Tom Holland, Zendaya, they've, Sony Pictures Entertainment Holland, Peter Parker, Holland, didn't, I've, He's, Con Tom Holland, Albert L, Ortega, Laura Harrier, Liz, Tony Revolori, Flash Thompson, Jacob Batalon, Ned Leeds, ove, hank y, hank, ove y 'all!, hanks, eing, hy, H, ada, ike, huck, Tom Hol, le tag ove, g the, Hol, MJ', ake, hal l, taki, as h, Rob K, ate fame, abou, ..ha, lea, Kev, edd, Josh Flor, birt, rie, stor, Ric, aske, Tom H, ed then, hal, ong, winn, Q, iva, riva, ory, oba, Fran, and S, Jacob, him ", nic, Eric C, y, 2022:, enda y, Kelly, siti, ted, Hunter, Marc, Marin, inger, his ap, Rajan, Ze, kee, enjoy,, "I wa, stu, shou, olly, ing each o, I love, It's, Elvin R odrig, bert Downey Jr. an, Harry, l ove, bec, Room,", enda, fini Organizations: Service, Sony, Business, Sony Pictures Entertainment, Marvel, America, Hollywood, San Diego Comic, Con, San Diego Convention Center, ust, pla, imi, ucc, MTV, ppr, a pl, Norton, rac, eas, CP, ACP, Fr, rit, acc, klan, ely Locations: Holland, Zendaya, ife, uman, pla, Hol, " he, sens, nsw, pula, India, Italy

☆ Nita Ambani is now the most powerful woman in Indian media
▼ + stars: | 2024-02-29 | by ( Diksha Madhok | ) edition.cnn.com time to read: +5 min

New Delhi CNN —Just a few months ago, Nita Ambani stepped away from frontline business to focus on philanthropy. Now, the wife of Asia’s richest man is back with the biggest job in the ferociously competitive world of India media. Nita Ambani will not be steering the media giant alone. Nita Ambani first stepped into the business limelight 10 years ago, becoming the first woman director on the board of Reliance Industries. With her new job title, Nita Ambani has become the most powerful woman in Indian media and entertainment sector, which is worth over $25 billion and growing rapidly.

Persons: New Delhi CNN —, Nita Ambani, Mukesh Ambani, Uday Shankar, “, ”, Ambani’s, Nita Mukesh Ambani, Bikas Das, —, Isha, Anant, Akash —, Akash, ” Nita Ambani, National Stock Exchange —, EY, Mihir Shah Organizations: New, New Delhi CNN, Disney’s, Reliance Industries, Disney’s Asia, Disney, Reliance Foundation, Indian Premier League, IPL, Reliance, Music, International Olympic Committee, Metropolitan Museum of Art, National Stock Exchange, Media Partners, Netflix Locations: New Delhi, India, Mumbai, Disney India, New York, Viacom18

☆ The hottest housing markets for the super rich in 2024
▼ + stars: | 2024-02-28 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

While luxury real estate has been buffeted by many of the same pressures as the rest of the market — low supply, slow sales, rising prices — the ultra-high-end has fared slightly better. With interest rates stabilizing and possibly falling this year, real estate experts say there are early signs that luxury supply may be growing, which could lead to more sales. The report forecasts that the best-performing U.S. luxury market this year for price growth will be Miami, with an expected increase of 4%, according to the report. New York ranked second in the U.S., with expected price growth of 2%, followed by Los Angeles with 1% growth. Globally, the top market for luxury real estate is expected to be Auckland, New Zealand, with projected price growth of 10% in 2024.

Persons: Douglas Elliman, Frank Wealth, Robert Frank, Liam Bailey, Knight Frank Organizations: Miami, New York Locations: U.S, Los Angeles, Auckland, New Zealand, Mumbai, Dubai, Madrid, Sydney, Stockholm

☆ Air India is rebranding after years of decline. Here are the biggest changes, from updated uniforms to swanky new Airbus A350s.
▼ + stars: | 2024-02-28 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

The new plane launched on domestic routes, like Bengaluru and Mumbai, in January and will eventually launch overseas, Air India says. It's very likely to fly to the US, though Air India has yet to release specific cities. Air India's business class is also way behind industry standards. Flight attendants and pilots are getting a makeoverIn December, Air India released photos of its new crew uniforms. Ground staff, engineers, and security personnel are also set to get new uniforms, which Air India said it will reveal in "due course."

Persons: —, Campbell Wilson, Taylor Rains, It's, Wilson, Christophe Archambault, Manish Malhotra Organizations: Service, Air India, Tata Group, Air, Business, Tata, Airbus, Boeing, Wings, Paris Airshow, Airbus A320neos, Russian, Aeroflot, India's Boeing, Qatar Airways, Delta Air Lines, Emirates, Q, Getty Images Air, Air India's Boeing Locations: India, Hyderabad, Bengaluru, Mumbai, Air India, AFP, Getty Images Air India, Qatar, Emirates

☆ Four Eye Ointments Pulled Because of Infection Risk
▼ + stars: | 2024-02-27 | by ( Yan Zhuang | More About Yan Zhuang | ) www.nytimes.com time to read: 1 min

Four eye ointments sold in stores including Walmart and CVS are being recalled because of a potential risk of eye infections or related harm, after U.S. investigators raised concerns about the potential lack of sterility. The voluntary recall involves four over-the-counter products manufactured by Brassica Pharma, according to an announcement by the Food and Drug Administration on Monday. Two are from Equate, a Walmart brand; one is a CVS Health brand; and another is an AACE Pharmaceuticals brand. Brassica Pharma is a drug development and manufacturing company based in the Indian state of Maharashtra that supplies products to the United States, Europe, Asia and Africa, according to the company’s website. Brassica Pharma’s factory is in the city of Tarapur, about three hours north of Mumbai.

Persons: ointments Organizations: Walmart, CVS, U.S, Brassica Pharma, Food and Drug Administration, Pharmaceuticals, Pharma Locations: Indian, Maharashtra, United States, Europe, Asia, Africa, Tarapur, Mumbai

☆ Pankaj Udhas, Bollywood Singer and Maestro of the Ghazal, Dies at 72
▼ + stars: | 2024-02-27 | by ( Suhasini Raj | John Yoon | ) www.nytimes.com time to read: 1 min

Pankaj Udhas, a singer from India whose soulful renditions of ghazals, or lyric love songs, were a cornerstone of many Bollywood films over his decades-long career, died in Mumbai on Monday. His death was announced on social media by his daughter Nayaab Udhas. Mr. Udhas moved generations of people in India and the Indian diaspora by singing ghazals, the lyric poems that have been written for centuries in Persian, Hindi, Urdu, Turkish and other languages. He also worked as a playback singer, the term for a vocalist who recorded tracks offscreen for actors to lip-sync over. Mr. Udhas became a stalwart in the Indian music industry through both his discography of more than 50 albums and the enormous success of the movies in which he sang.

Persons: Pankaj Udhas, Nayaab Udhas, Udhas Locations: India, Mumbai

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