Sunday, December 31, 2017

TOP-10 Indian billionaires list...!!!

Indian billionaires with highest net worth in 2017: Mukesh Ambani clear winner, check who else made it to top 10

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The Bloomberg Billionaires Index has come out with a list of 500 billionaires across the globe, ranking them on the basis of their total net worth. Amazon CEO Jeff Bezos has been named as the richest person across the globe, having a total net worth of $99.0 billion. He has accumulated $33.7 billion this year. The list also includes 23 Indians. Among the Indian billionaires, who earned the most in 2017, the Reliance Industries chairman and managing director Mukesh Ambani is on the 1st spot. His total net worth stands at $40.1 billion, while he has earned $17.4 billion this year (PTI). Here is the list of Indian billionaires with highest net worth in 2017:

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10) Kumar Birla: One of the most successful Indian industrialist and chairman of the Aditya Birla Group, Kumar Mangalam Birla has accumulated a total net worth $8.90 billion. He earned $2.87 billion this year. He is ranked 162 to list of 500 global billionaires. (PTI)
richest indian, list of richest indians, mukesh ambani, azim premji, lakshimi mittal, gautam adhikari, shiv nadar

9) Cyrus Poonawalla: Chairman of the Poonawalla group, Cyrus Poonawalla is ranked 161 on the list. The industrialist has earned total net worth of $8.90 billion. This year he his fortune rose by $995 million. (PTI)
richest indian, list of richest indians, mukesh ambani, azim premji, lakshimi mittal, gautam adhikari, shiv nadar

8) Udai Kotak: The Managing Director of the Kotak Mahindra Group, Udai Kotak has the total net worth of $10.3 billion. His fortune rose by $3.15 billion this year. He is ranked 141 on the list.
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7) Gautam Adani: The chairman and founder of Adani Group has been ranked 139 in the list of top 500 billionaires in the Bloomberg Billionaires Index list. He has earned net worth of $10.3 billion till now, with his fortune increased by $5.66 billion. (Reuters)

richest indian, list of richest indians, mukesh ambani, azim premji, lakshimi mittal, gautam adhikari, shiv nadar

6) Dilip Shangvi: One of the owners of Sun Pharmaceuticals Dip Shangvi is 6th on the list of 10 Indians even though his fortune saw a dip of $955 million this year. He has accumulated total net worth of $11.8 billion. He is ranked 120 overall. (Reuters)

richest indian, list of richest indians, mukesh ambani, azim premji, lakshimi mittal, gautam adhikari, shiv nadar

5) Shiv Nadar: The founder and Chairman of HCL and the Shiv Nadar Foundation, he is ranked 93 in the list of 500 billionaires across the globe. Shiv Nadar has the total net worth of $13.8 billion. His fortune this year rose by $1.80 billion. (PTI)
richest indian, list of richest indians, mukesh ambani, azim premji, lakshimi mittal, gautam adhikari, shiv nadar

4) Pallonji Mistry: Chairman of Shapoorji Pallonji Group, he has earned net worth of $16.9 billion overall. His earning this year is $3.24 billion. Pallonji Mistry has been ranked 65 on the overall list. (Reuters)
richest indian, list of richest indians, mukesh ambani, azim premji, lakshimi mittal, gautam adhikari, shiv nadar
3) Azim Premji: Chairman of Wipro Limited, he is ranked 61 in the list of global top 500 billionaires. His total net worth is $17.3 billion and has earned $5.09 billion this year.
richest indian, list of richest indians, mukesh ambani, azim premji, lakshimi mittal, gautam adhikari, shiv nadar
2) Lakshmi Mittal: India's steel magnate and CEO of ArcelorMittal, Lakshmi Mittal is the second richest Indian on the list and 47th overall. He has earned total net worth of $19.5 billion this year with $5.13 billion coming this year. (PTI)
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1) Mukesh Ambani: The Reliance Industries chairman and managing director continues to be the richest Indian. Ranked 20 on the list of top 500 billionaires, Mukesh Ambani has earned total net worth of $40.1 billion this year. He earned $17.4 billion this year. (PTI)

http://www.financialexpress.com/photos/business-gallery/995969/indian-billionaires-with-highest-net-worth-in-2017-mukesh-ambani-clear-winner-check-who-else-made-it-to-top-10/

GREAT. NEW RECORD... Yoga for 5 continuous days..A Guinness Book of World Records..!!!

Wow! 31-year-old Kavitha Bharanidaran practices Yoga for 5 continuous days, enters Guinness Book of World RecordsChennai's Kavitha Bharanidaran who broke the Guinness Book of World Record in a yoga marathon on Thursday in Chennai received her certification Saturday. The 31-year-old woman had broken the record by practicing Yoga for 5 continuous day during a yoga marathon.By:  | Published: December 30, 2017 9:22 PM

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Chennai’s Kavitha Bharanidaran who broke the Guinness Book of World Record in a yoga marathon on Thursday in Chennai received her certificate on Saturday. (Source: ANI)
Chennai’s Kavitha Bharanidaran who broke the Guinness Book of World Record in a yoga marathon on Thursday in Chennai received her certification Saturday. The 31-year-old woman had broken the record by practicing Yoga for 5 continuous day during a yoga marathon. Kavitha who is a mother of a three-and-a-half-year-old started practicing Yoga on December 23 at 7 am and entered the record book on December 28. She broke the previous record which was achieved by Pradnya Patil (Nashik) of 103 hours, from June 16 to 20 this year at 02:02 am.
Now, Bharanidaran is continuing the marathon. She has a plan to build a new record and has decided to keep on doing it until December 30. It would be the longest yoga marathon in the world. During her marathon, Kavitha was taking a break of about 5 minutes every hour and can easily manage a number of difficult yoga poses. Kavitha Bharanidaran’s husband is her yoga teacher who is very proud of her achievement.
Kavitha Bharanidaran has already broken the previous record and claimed the Guinness Book of World Record by performing yoga for more than 103 hours but with her new record when she finally stops tomorrow on December 30, 2017, it will be practically unbeatable. Kavitha Bharanidaran’s dedication, determination and grit is truly remarkable and inspiring.
Yoga is a grand old Indian tradition being practised for physical and mental fitness. A world record for the longest marathon goes a long way in promoting the skill on a mainstream stage. It was no mean feat going almost 5 days in a row, and now Kavitha has managed to raise the bar and even extend it further. The fact that she is still performing is mind-boggling, to say the least.
http://www.financialexpress.com/india-news/wow-31-year-old-kavitha-bharanidaran-practices-yoga-for-5-continuous-days-enters-guinness-book-of-world-records/995989/

Saturday, December 30, 2017

Not Tim Cook but this woman is Apple’s most paid employee; earned twice as much as CEO in 2017

Ever wondered how much the CEO of world's biggest smartphone company earns? Well, certainly not more than one of his employees. According to the latest filings by the tech giant, its senior vice president of retail and online stores, Angela Ahrendts is once again its best-paid employee.

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Apple’s senior vice president of retail and online stores, Angela Ahrendts is once again its best-paid employee.
Ever wondered how much the CEO of world’s biggest smartphone company earns? Well, certainly not more than one of his employees. According to the latest filings by the tech giant, its senior vice president of retail and online stores, Angela Ahrendts is once again its best-paid employee. According to the company filings with SEC, Angela took home $24.2 million (£18 million) in 2017 which is almost twice as much as CEO Tim Cook who earned $12.8 million (£9 million). However, the filing does not include a share award that Cook received in 2011, which equates to about £66.4 million.
As per the filings, Angela who looks after strategy, real estate and development, and operations of Apple’s physical stores, online store, and contact centres – received a salary of $1 million (£740,000). Apart from this, she was also paid $20 million (£15 million) in stock, $3.1 million (£2.3 million) in performance pay, and $88,000 (£65,000) in other compensation. In case you are surprised, there is no need to! Angela has been paid more than Cook every year since she joined Apple in 2014 from luxury fashion brand Burberry, where she was director and CEO.
“In 2017, Apple was above its target performance goals for both net sales and operating income, resulting in a payout of each named executive officer’s annual cash incentive at 155.5% of target,” the tech giant said in the filing.
The complete salary break mentioned in the filing by Apple. (Source: Apple)
It added that the executive compensation programme is designed to reward performance in a simple and effective way. “It reflects the unparalleled size, scope and success of Apple’s business, and the importance of our executive officers operating as a high-performing team, while focusing on key measures of profitability and the creation of shareholder value,” it said.
For the company’s 2017 fiscal year ended Sept. 30, Apple reported sales of $229.2 billion (up 6.3% from the year prior) and net income of $48.4 billion (up 5.8%)
Among the other top earners of 2017 was Apple’s finance chief Luca Maestri, hardware presidents Johny Srouji and Dan Riccio, and general counsel Bruce Sewell.
In the filing, the board also submitted the slate of eight nominees for reelection: Cook, Disney CEO Bob Iger, Al Gore, James Bell, Andrea Jung, Art Levinson, Ron Sugar, and Sue Wagner. Per Apple’s bylaws, each director elected at the annual meeting will serve a one-year term.
http://www.financialexpress.com/industry/technology/not-tim-cook-but-this-woman-is-apples-most-paid-employee-earned-twice-as-much-as-ceo-in-2017/995603/

Russian tankers fuelled North Korea...

DECEMBER 30, 2017 / 3:04 AM / UPDATED 3 HOURS AGO
Exclusive: Russian tankers fuelled North Korea via transfers at sea - sources
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LONDON/MOSCOW (Reuters) - Russian tankers have supplied fuel to North Korea on at least three occasions in recent months by transferring cargoes at sea, according to two senior Western European security sources, providing an economic lifeline to the secretive Communist state.The sales of oil or oil products from Russia, the world’s second biggest oil exporter and a veto-wielding member of the United Nations Security Council, breach U.N. sanctions, the security sources said.The transfers in October and November indicate that smuggling from Russia to North Korea has evolved to loading cargoes at sea since Reuters reported in September that North Korean ships were sailing directly from Russia to their homeland.“Russian vessels have made ship-to-ship transfers of petrochemicals to North Korean vessels on several occasions this year in breach of sanctions,” the first security source, who spoke on condition of anonymity, told Reuters.

A second source, who independently confirmed the existence of the Russian ship-to-ship fuel trade with North Korea, said there was no evidence of Russian state involvement in the latest transfers.“There is no evidence that this is backed by the Russian state but these Russian vessels are giving a lifeline to the North Koreans,” the second European security source said.The two security sources cited naval intelligence and satellite imagery of the vessels operating out of Russian Far Eastern ports on the Pacific but declined to disclose further details to Reuters, saying it was classified.Russia’s Foreign Ministry and the Russian Customs Service both declined to comment when asked on Wednesday if Russian ships had supplied fuel to North Korean vessels. The owner of one ship accused of smuggling oil to North Korea denied any such activity.The U.S. State Department, in a statement, called on Russia and other U.N. members to “strictly implement” sanctions on North Korea and to work “more closely together to shut down U.N.-prohibited activities, including ship-to-ship transfers of refined petroleum and the transport of coal from North Korea.”The latest report came as China, responding on Friday to criticism from U.S. President Donald Trump, denied it had illicitly shipped oil products to North Korea.

North Korea relies on imported fuel to keep its struggling economy functioning. It also requires oil for its intercontinental ballistic missile and nuclear programme that the United States says threatens the peace in Asia.“The vessels are smuggling Russian fuel from Russian Far Eastern ports to North Korea,” said the first security source, who spoke on condition of anonymity.

Reuters was unable to independently verify that the vessels had transferred fuel to North Korean vessels, whether the Russian state knew about the sales or how many Russian vessels were involved in the transfers. It was also unclear how much fuel may have been smuggled.
Ship satellite positioning data consulted by Reuters and available on Reuters Eikon shows unusual movements by some of the Russian vessels named by the security sources including switching off the transponders which give a precise location.
The security sources said the Russian-flagged tanker Vityaz was one vessel that had transferred fuel to North Korean vessels. The Vityaz left the port of Slavyanka near Vladivostok in Russia on Oct. 15 with 1,600 tonnes of oil, according to Russian port control documents.

North Korea relies on imported fuel to keep its struggling economy functioning. It also requires oil for its intercontinental ballistic missile and nuclear programme that the United States says threatens the peace in Asia.
“The vessels are smuggling Russian fuel from Russian Far Eastern ports to North Korea,” said the first security source, who spoke on condition of anonymity.

Reuters was unable to independently verify that the vessels had transferred fuel to North Korean vessels, whether the Russian state knew about the sales or how many Russian vessels were involved in the transfers. It was also unclear how much fuel may have been smuggled.
Ship satellite positioning data consulted by Reuters and available on Reuters Eikon shows unusual movements by some of the Russian vessels named by the security sources including switching off the transponders which give a precise location.
The security sources said the Russian-flagged tanker Vityaz was one vessel that had transferred fuel to North Korean vessels. The Vityaz left the port of Slavyanka near Vladivostok in Russia on Oct. 15 with 1,600 tonnes of oil, according to Russian port control documents.

Documents submitted by the vessel’s agent to the Russian State Port Control authority showed its destination as a fishing fleet in the Japan Sea. Shipping data showed the vessel switched off its transponder for a few days as it sailed into open waters.
According to the European security sources, the Vityaz conducted a ship-to-ship transfer with the North Korean Flagged Sam Ma 2 tanker in open seas during October.
Reuters could not independently verify the transfer as ship tracking data showed that the Sam Ma 2 had turned off its transponder from the start of August.The owner of the Russian vessel denied any contact with North Korean vessels but also said it was unaware that the vessel was fuelling fishing boats.Yaroslav Guk, deputy director of the tanker’s owner, Vladivostok-based Alisa Ltd, said the vessel had no contacts with North Korean vessels.
“Absolutely no, this is very dangerous,” Guk told Reuters by telephone. “It would be complete madness.”

When contacted a second time, Guk said the vessel did not have any contacts with North Korean ships and that he would not answer further questions.An official at East Coast Ltd, the vessel’s transport agent, declined to comment.
Two other Russian flagged tankers made similar journeys between the middle of October and November, leaving from the ports of Slavyanka and Nakhodka into open seas where they switched off their transponders, shipping data showed.
In September, Reuters reported that at least eight North Korean ships that left Russia loaded with fuel this year headed for their homeland despite declaring other destinations, a ploy that U.S. officials say is often used to undermine sanctions.
A Russian shipping source with knowledge of Far Eastern marine practices said North Korean vessels had stopped loading fuel in Russia’s Far Eastern ports but that fuel is delivered at sea by tankers using ship-to-ship transfers, or even by fishing vessels.

China on Friday denied reports it had been illicitly selling oil products to North Korea in violation of U.N. sanctions, after U.S. President Donald Trump said he was unhappy that China had allowed oil to reach the isolated nation.
China’s denial came a day after it blocked a U.S. effort at the United Nations to blacklist six ships Washington believes had engaged in illicit trade with North Korea, a U.N. Security Council diplomat said.

According to documents seen by Reuters this month, the United States had proposed that the U.N. Security Council blacklist 10 ships for illicit trade with North Korea.
It accused the vessels of “conducting illegal ship-to-ship transfers of refined petroleum products to North Korean vessels or illegally transporting North Korean coal to other countries for exports.”
Three North Korean ships among the 10 were blacklisted, along with a Panama-registered vessel.

Additional reporting by David Brunnstrom in Washington; Editing by Giles Elgood, Alistair Bell and Leslie Adler

World’s longest glass bridge in China’s....

World’s longest glass bridge opens in China’s Hebei province

Only 600 people are allowed to cross the 488-metre-long glass footpath at one time, even though the bridge is designed to hold 3,000
BY ALICE HUANG

The 488-metre-long bridge at Hongyagu Scenic Area in Hebei, which opened on December 24, is the world’s longest glass-floor bridge. While it is designed to hold 3,000 people, only 600 people are allowed to cross the transparent glass walkway at any one time. To raise the excitement levels even further, the bridge is designed to sway when tourists walk across it.
Tourists walk across the bridge at Hongyagu Scenic Area in Pingshan County, Hebei province. Photo: Xinhua
The opening of the bridge, which is suspended 218m above the ground and affords spectacular views of the surrounding countryside, was an immediate internet sensation.
The bridge, which was built by Hebei Bailu Group, contains 1,077 glass panels and weighs about 70 tonnes.
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Tourists walk on the glass suspension bridge at Hongyagu Scenic Area. Photo: Xinhua
Crossing the bridge gives visitors stunning views of the mountains, waterfalls and river – assuming they can still bear to look at the scenery from such an elevated vantage point.
http://www.scmp.com/magazines/style/travel-food/article/2126127/worlds-longest-glass-bridge-opens-chinas-hebei-province

Bitcoin:& 7 closest rivals

Bitcoin: Here are 7 closest rivals
Dec 14, 2017, 03.38PM IST

 

Bitcoin is on a rampage. From around $1,000 in the beginning of this year, the blockchain-based cryptocurrency is today nearing $20,000-mark. This week also witnessed the launch of the first-ever Bitcoin futures on a US exchange. Chicago-based derivatives exchange Cboe Global Markets launched Bitcoin futures, enabling investors to get exposure to the currency via a regulated exchange.



The boom in Bitcoin value has also helped its rivals surge. Cryptocurrencies like Ethereum, Litecoin, Ripple too have soared to records in the past few weeks. Here's a peek at the 7 closest rivals of Bitcoin.



Ethereum

Ethereum is one of the hottest rivals to Bitcoin. Launched in the year, 2014, it is currently the second-most valuable cryptocurrency. Like Bitcoin, it is also a type of blockchain network. According to Ethereum Project website, Ethereum is a decentralized platform that runs smart contracts: Applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. The Bitcoin and Ethereum blockchains differ primarily in purpose and capability. While the Bitcoin blockchain is used to track ownership of the digital currency bitcoin, the Ethereum blockchain can be used to build decentralized applications. The virtual currency associated with Ethereum is called Ether.


Ripple (XRP)

Ripple is reportedly considered as logical successor to Bitcoin according to many industry experts. It was launched in the year 2012 by former Bitcoin developers and is a startup using Blockchain technology that as per its website "connects banks, payment providers, digital asset exchanges and corporates". It also operates as a payment network called RippleNet. XRP is Ripple's cryptocurrency. It has been soaring to record high since Bitcoin jumped. Currently, Ripple XRP is up more than 7,000% from its 0.65-cent price at the beginning of this year.


Late last month, American Express introduced instant blockchain-based payments using Ripple. This marked one of the first major uses of Blockchain technology, a shared database of transactions maintained by a network of computers on the internet. Financial firms hope the nascent technology can reduce the cost and complexity of burdensome processes such as securities settlement and international payments.


It currently has a market capitalisation of Rs 0.67 lakh crore (approximately).


Litecoin (LTC or XLT)

The digital currency Litecoin too has emerged as a strong rival to Bitcoin, giving tough competition to other cryptocurrency rivals like IOTA and Ripple. Litecoin has surged over 5,700% this year till December 12, whereas Bitcoin has gained 1,550% during the same period.


It is a peer-to-peer cryptocurrency created by Charlie Lee, a former Googleemployee and ex-director of engineering at Coinbase. Launched in the year 2011, Litecoin is very similar to Bitcoin in its technical implementation. According to Litecoin.com website, "Litecoin is securely stored in a wallet on your computer, tablet, phone or laptop." The biggest advantages of Litecoin are claimed to be speed and low fees. Litecoin uses Scrypt algorithm, it reportedly demands memory instead of processor resources. Generating new Litecoins is possible through mining as well.


Zcash (ZEC)

Zcash (ZEC) claims to be the first open, permission-less cryptocurrency that can fully protects the privacy of transactions using zero-knowledge cryptography. Like Bitcoin, Zcash to is a blockchain based currency. Launched in October 2016, as per Zcash website, its monetary base too is the same as Bitcoin's — 21 million Zcash currency units (ZEC) and is mined over time. It is a scarce token just like Bitcoin which can be transferred globally and exchanged to/from other cryptocurrencies or fiat currencies via online exchanges, in-person transactions, etc.


Recently, Zcash became the third digital currency to receive the backing of the Bitcoin Investment Trust and the Ethereum Classic Investment Trust.


In November this year, Internet Archive, the digital library of internet artifacts and webpages, added Zcash as a new cryptocurrency payment option.Announcing the move in a blog post, it said, "At the Internet Archive, we are big fans of the cryptocurrency movement and have been trying to do our part to test and support alternative means of commerce. We've been accepting Bitcoin donations since 2012, and starting this week, we are now accepting donations of Bitcoin Cash and Zcash."

Dash


Another Bitcoin rival is Dash, an open source peer-to-peer cryptocurrency. Dash can be used "to make instant, private payments online or in-store using our secure open-source platform hosted by thousands of users around the world." According to coincentral.com website, Bitcoin's shortcomings led to the development of cryptocurrency Dash. Its three biggest benefits, as per its website, are said to be: Instant, Private and Security. It claims to send payment confirmations in less than a second. Two, protect users' financial information by safeguarding their activity history and keeping balances private. Three, transactions are claimed to be confirmed by 200 TerraHash of X11 ASIC computing power and over 4,500 servers hosted around the world.

Monero
Another Bitcoin rival, Monero is claimed to be a secure, private, and untraceable cryptocurrency. The open-source cryptocurrency created in April 2014 has been soaring for the past five weeks with prices more than tripling since early November. Monero Research Labs is also said to be working hard to bring down the network's transaction fees by as much as 80%. Monero developers are said to be implementation Bulletproofs to bring down transaction sizes on the network. In a blog post on its website, Morero said that overall, bulletproofs represent a huge advancement in Monero transactions. "We get massive space savings, better verification times, and lower fees," added the blog post dated December 7.




IOTA (MIOTA)



IOTA is another emerging bitcoin rival. It has market capitalisation of Rs 0.75 lakh crore (approximately). IOTA represents a third generation of blockchain after the development of Bitcoin.

https://www.gadgetsnow.com/tech-news/bitcoin-here-are-7-closest-rivals/articleshow/62067969.cms?utm_source=toiweb&utm_medium=referral&utm_campaign=toiweb_hptopnews&utm_source=Browser_Notification&utm_medium=chrome&utm_campaign=GN_Browser_Notification