Mukesh Tops List of India’s 70 Billionaires
According to China-based research firm Hurun’s 2014 global rich list released on 3 March, India is home to the fifth largest group of billionaires in the world and Mukesh Ambani, chairman of Reliance Industries , is the country’s richest man with a personal fortune of $18 billion.Mukesh Ambani was ranked 41st in the list that was topped by Bill Gates, whose personal networth stood at a whopping $68 billion.In the global rich list, Bill Gates was followed by Berkshire Hathaway’s Warren Buffett (2nd) with a personal wealth of $64 billion .

Bill Gates Tops Forbes Billionaire List
Microsoft co-founder Bill Gates has regained the title of the world’s richest man in the Forbes magazine’s annual billionaire list released on 3 March that includes 56 India based billionaires led by RIL chairman Mukesh Ambani.With a net worth of $76 billion, Bill Gates reclaimed the top spot after a four-year hiatus, toppling Mexico’s telecommunications mogul Carlos Slim Helu, who placed second at $72 billion.With a networth of $18.6 billion, Reliance Industries Ltd (RIL) chief Mukesh Ambani leads the pack of 56 billionaires based in India featured on the list.

India To Have 4th Highest Number Of Billionaires By 2023
According to the 2014 Wealth Report , an annual global perspective on prime property and wealth by property management firm Knight Frank released on 6 March, India is projected to be home to the fourth highest number of billionaires in the world by 2023.As per the report,  projected that the number of billionaires in India will grow by an exponential 98 per cent to 119 in the year 2023 from 60 billionaires last year.India will rank fourth after US, China and Russia in 2023 and will have more billionaires than the UK, Germany and France.

SBI Launches ‘ SBIePay ‘ To Facilitate Electronic Transactions
State Bank of India (SBI), the largest bank in the country has on 13 March launched ‘ SBIePay ‘ a payment aggregator service to facilitate electronic (e-commerce /m-commerce) transactions between merchants, customers and various financial institutions in the country. India’s largest lender is the first bank in India to start its own online aggregator services.


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