DIRS.INFO The most relevant business & tech news

☆ India's ultra-wealthy club is booming — here's where the country's rich are investing
▼ + stars: | 2024-08-06 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +5 min

High-end real estateAbout 30% of India's UHNWI investments go into luxury real estate, including overseas projects, said Alok Saigal, president of wealth management firm Nuvama Private. People have moved away from investing in land as it is less liquid, and more wealth has been allocated to residential real estate since the pandemic, he added. Around 20% of Dubai's offshore real estate pie is owned by Indian investors. Startups' lureInvesting in startups is becoming increasingly popular, especially with the younger generation of rich Indians, wealth managers told CNBC. Bloomberg | Bloomberg | Getty ImagesAbout 17% of India's UHNWIs' wealth goes into luxury goods, with jewelry, art and watches as top preferences, findings from Knight Frank revealed.

Persons: Knight Frank, Alok Saigal, Alok, Chethan Shenoy, Anand, Saigal, Nitin Chengappa, India's, Chengappa, Anand Rathi Wealth's, LVMH Moet Hennessy Louis Organizations: Getty, India, Nuvama Private, Offshore, Nuvama, CNBC, Standard Chartered Bank, Shoppers, DLF, BMI, Bloomberg, Fitch Solutions, LVMH Moet Hennessy Louis Vuitton SA Locations: Mumbai, Beijing, New York, London, UHNWIs, Dubai, Delhi, New Delhi, India

☆ How sustainable diaper brand Kudos is taking on industry giants — with a Target rollout
▼ + stars: | 2024-08-04 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

Still, plastic diapers from mega brands like Procter & Gamble -owned Pampers and Kimberly-Clark -owned Huggies continue to dominate the market. Kudos Diapers Courtesy: HatchMark StudioIn the three years since its launch, Kudos has raised more than $6 million in funding. Reduce the globe's reliance on fossil fuels by building out new supply chains and developing sustainable products that are just as effective – if not better – than competitors. Even sourcing natural materials for use instead of plastics would be challenging for larger companies because of their scale, Saigal said. The reality is, when natural materials become cheaper than plastic," she said.

Persons: Amrita Saigal, Clark, it'll, Saigal, it's, They're, Pampers Organizations: Environmental Protection Agency, Procter, Gamble, Massachusetts Institute of Technology, CNBC, Precursor Ventures, Xfund, Oversubscribed Ventures, MIT Locations: Kimberly

☆ Engineer saw how diapers were made, thought she could do better—now she has a $250,000 'Shark Tank' deal
▼ + stars: | 2023-01-10 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

In 2012, Amrita Saigal quit her dream job. In 2021, she launched Los Angeles-based Kudos, which makes disposable diapers from cotton and other sustainable materials — and on Friday's episode of ABC's "Shark Tank," she scored a $250,000 investment in Kudos from Mark Cuban and guest Shark Gwyneth Paltrow. Saigal also expressed plans to launch new products, including trainer swim shorts and adult sanitary products. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank." Sign up now: Get smarter about your money and career with our weekly newsletterDon't miss:This ‘Shark Tank’ side hustle had almost zero revenue — here’s why Mark Cuban invested anyway17-year-old ‘Shark Tank’ contestant made slime in his garage, sold it to his friends, brought in $1 million in just 3 years

☆ New Delhi’s air pollution leaves residents gasping for breath
▼ + stars: | 2022-11-14 | by ( Gafira Qadir | ) www.nbcnews.com time to read: +5 min

By the first week of November, New Delhi’s air quality index was 472, high enough to affect healthy people while having a serious impact on those with existing conditions. In some areas of the city, the reading exceeded 800, according to the Delhi Pollution Control Committee, a regulatory body. Experts say exposure to low air quality levels increases the risk of respiratory infections, heart disease and lung cancer. In response to the poor air quality, Delhi officials ordered the closure of primary schools and reduced outdoor activities for older students from Nov. 4 to 9. A government vehicle sprinkles water to control air pollution in New Delhi last month.

Search resuls for: "Saigal"

4 mentions found