Business Samachar

Ambani Family Tops 2025 Barclays Private Clients Hurun India Most Valuable Family Businesses List Posted by Meet Waghela  Mumbai, India:  The Ambani family has emerged as the leader in the 2025 Barclays Private Clients Hurun India Most Valuable Family Businesses List, with a valuation of INR 28.2 Lakh Crores.  This marks a significant position for the family, whose business, Reliance Industries, operates in the energy sector and plays a pivotal role in shaping India's industrial landscape. The list, compiled by Hurun Research Institute in association with Barclays Private Clients, highlights the top 10 most valuable family businesses in India.  The top three spots are occupied by the Ambani family, Kumar Mangalam Birla family, and Jindal family, with valuations of INR 28.2 Lakh Cr, INR 6.5 Lakh Cr, and INR 5.7 Lakh Cr, respectively. Key Highlights of the List: - The top 10 families have a combined valuation of INR 66.7 Lakh Cr, up from INR 59.5 Lakh Cr last year. - E...

Gold Market in Turmoil: Tariffs Threaten Indian Jewellery Exports Posted by Niilesh waghela  Mumbai: The imposition of a 25% tariff on Indian gold jewellery exports, compounded by an additional 25% set to take effect from August 27, has sent shockwaves through the industry.  According to Rajesh Rokde, Chairman of the All India Gem and Jewellery Domestic Council (GJC), this steep escalation will not only make Indian gold jewellery less competitive in the US market but also jeopardize the livelihoods of thousands of skilled artisans. Impact on Artisans and Small Workshops The tariff hike is expected to have a devastating impact on small workshops and family-run enterprises that preserve centuries-old techniques.  Many of these artisans are from marginalized communities, and the loss of export demand could lead to widespread job losses and destabilize local economies. Avinash Gupta, Vice Chairman of the GJC, emphasized that the tariff shock could also pressure the Indian Rup...

Manzil Majlis: Bridging Indian Private Capital with Dubai’s Strategic Opportunities Posted by Niilesh waghela  Mumbai: Manzil Asset Management hosted the exclusive Manzil Majlis summit, a first-of-its-kind private UAE investment event, at The Bay Club in Bandra-Kurla Complex (BKC), Mumbai. This high-profile gathering brought together top Indian investors, global advisors, and senior UAE stakeholders for an impactful evening focused on UAE real estate and cross-border migration strategies. The summit featured over 250 carefully curated attendees, including High Net Worth Individuals (HNIs), Ultra High Net Worth Individuals (UHNIs), family offices, entrepreneurs, Venture Capitalists (VCs), Private Equity (PE) firms, and wealth managers. These participants were drawn to the event's promise of delivering valuable insights into UAE investment opportunities and strategic frameworks for navigating cross-border investments. Expert Insights from Renowned Speakers The summit boasted an impre...