A quick comparison of India’s Richest Man and Pakistan’s Richest Man, National : Today Indya

A quick comparison of India’s Richest Man and Pakistan’s Richest Man

National

theyouth

There is no doubt that India and Pakistan have produced notable billionaires even as family businesses have passed down from generation to generation. However, India are comparatively better than Pakistan in terms of the number of billionaires.

A quick comparison of India’s Richest Man and Pakistan’s Richest Man

There are as many as 131 billionaires in India. On the contrary, there are 7 billionaires in Pakistan. It is cognisance of the fact that the richest Indian billionaire is Mukesh Ambani whereas Mian Muhammad Mansha is Pakistan’s richest man. Now, in this article, we will learn about the two different billionaires and their net worth.

Mukesh Ambani

For the 12th straight year, Reliance Industries’ chairman Mukesh Ambani is the richest Indian billionaire with a net worth of $52.6 billion. No one in this country has come close to his net worth. It’s because of an epic success of his telecom company Reliance Jio, he is enjoying a staggering wealth.

The recent official announcement that social media giant Facebook will be investing ₹43,574 crores for a 9.99% stake in Reliance Jio Platforms has now made Mukesh Ambani the richest person in Asia. The top business magnate Mukesh Ambani retained the top spot in the Indian billionaires’ list.

Mukesh Ambani is the owner of the second-most expensive home in the world, which is, Antilia, ranks after the Buckingham Palace. Antilia, the Ambani residence, is worth Rs 1,40,000,000,000 (14,000 crore rupees or USD 2 billion).

It is located in one of the most expensive residential areas in India, Mumbai’s Altamount Road. The property rates here are a staggering Rs 80,000 to Rs 85,000 per square foot. Antilia has ice-cream parlour, a mega-temple and a private theatre that can accommodate 50 people and a salon as well.

Ambani also owns some richest cars. His collections comprise Mercedes Maybach, Aston Martin Rapide, Rolls Royce Phantom and Bentley Bentayga. It should be noted that Bentley Bentayga is one of the fastest production SUVs and one costs Rs 7.6 crore. Interestingly, Ambani’s own two of these!

Mukesh Ambani’s sons are witnessed driving their Bentley Bentayga where they are followed by a convoy of security cars worth Rs 16.55 crores! Lost for words!

According to the video below, Bentley Bentayga x 2 – Rs 7.56 crore, Land Rover Discovery x 4 – Rs 1.78 crore, Land Rover Range Rover x 1 – 52 lakh, Ford Endeavour x 6 – Rs 1.57 core, Land Rover Range Rover Sport x 3 – Rs 3.45 crore and BMW X5 x 2 – Rs 1.67 crore add up to a staggering Rs 16.55 crores!

As per the reports, the family recently purchased a brand new flagship SUV from the Rolls Royce lineup, the Cullinan as a new way of ultra-luxurious travel.

Mian Muhammad Mansha

Net worth: Rs 520 billion (US$3.7 billion) – as of 2019

One of the most successful and powerful businessmen in the world, Mian Muhammad Mansha is the wealthiest or richest person of Pakistan. The Pakistani business magnate and billionaire is the founder and CEO of the Lahore-based international conglomerate Nishat Group.

Mansha and some of his family members are among the richest and highest tax-paying individuals in the country. Mian Muhammad Mansha is also the owner of Muslim Commercial Bank, Adamjee Group, Nishat Chiniot power and also has several stakes in the transport industry

In 2017, Mian Muhammad Mansha hogged the limelight in the Paradise Papers having an association with offshore companies. As of July 2019, Mian Muhammad Mansha had an estimated net worth of US$3.8 billion as per Wealth-X.

Mian Muhammad’s Source of Wealth: Nishat Group MCB Bank, DG Khan Cement, Nishat Kia Motors Plant in Faisalabad, Owner of Emporium Mall, Nishat hotels, textile mills, a car leasing company in Kazakistan.

Mansha is now on the board of several prominent institutes in Pakistan and is also one of the most powerful and influential people in Pakistan. He was also awarded the Sitara-e-Imtiaz civil award by President of Pakistan Pervez Musharraf on 23 March 2004. One of Mansha’s companies, identified as Nishat Textile Mills Limited, is the largest exporting entity in Pakistan.

Digging a bit deep about his personal wealth, Mian Muhammad Mansha was named the richest Pakistani in the year 2008 by Daily Pakistan with a staggering net worth of US$2.5 billion which is equivalent to Rs 200 billion at that point of time. It is worth mentioning here that in March 2010, Mansha was the first ever Pakistani making it to the Forbes billionaires list.

Mansha owns red E-class Jaguar convertible, three Mercs, Porsche turbo, BMW 750, Range Rover, Volkswagen, turboprop plane and an eight-seater jet. Wow, that’s some incredible collection of vehicles.

Article Original Source : https://www.theyouth.in/2020/05/20/a-quick-comparison-of-indias-richest-man...

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First day at New Delhi railway station: Long queues and Aarogya Setu

National

Indianexpress

Outside the New Delhi Railway station on Tuesday, there was a steady flow of passengers — students, migrants and professionals from within and outside Delhi — eager to return to their families.

More than 4,000 passengers boarded the first three special ‘Rajdhani trains’ from New Delhi on Tuesday as the Railways resumed services, which had been suspended for over a month under the coronavirus lockdown.

The New Delhi-Bilaspur train which left at 4 pm with over 1,000 people on board was the first passenger service of the Railways to start. The other two were to Dibrugarh in Assam and Bengaluru in Karnataka.

Outside the New Delhi Railway station on Tuesday, there was a steady flow of passengers — students, migrants and professionals from within and outside Delhi — eager to return to their families.

“We are doing thermal screening of passengers as they come into the station and only asymptomatic persons are being allowed inside. Only those who have a confirmed ticket would be allowed into the station. The Aarogya Setu application is mandatory for passengers and we are asking those who do not have it on their phones to download it,” said a Northern Railway spokesperson.

The special trains have only air conditioned First AC and AC 2- and 3-Tier coaches. Tickets were only booked online through the IRCTC portal. Passengers were asked to bring their own food and blankets.

Hours before the departure of the first train, a queue of passengers slowly moved past police barricades put up outside the Paharganj entrance of the station.

Many had to make a long trek to reach the station. Among them was Sai Kumar (20), who had left his private hostel in Greater Noida at 8.30 in the morning to catch a 9 pm train to Telangana, fearing that he would not be able to find a way to reach the station.

“Everyone was telling me that there is no transport available and my parents were very nervous, so I decided to leave early. I walked till I reached the highway and tried to hitch a ride. I must have tried flagging down around 40-50 cars before one finally stopped. I paid them Rs 600 and they dropped me till Mayur Vihar. There, I got an e-rickshaw which dropped me to the station for Rs 300. In all, I must have walked around 10 km,” said Kumar, a student of computer science and engineering at Noida International University, who reached the station at 3.30 pm.

There were others who came from across Delhi’s borders. This included B Lakshmi (57), who had arrived from Bengaluru on March 19 for what was supposed to be a week-long stay at an ashram in Kampil, in Uttar Pradesh’s Farrukhabad district.

“I was supposed to take a return train on March 27 but I got stuck. I was comfortable at the ashram but my family was having difficulty coping. So I booked my ticket yesterday and this morning, I took a private cab with two other people from Bengaluru to come to Delhi. The ticket was for Rs 2,500 and the cab cost Rs 8,000. We also had to pay Rs 415 as highway toll. What must it be like for those who don’t have money to even eat?” she said.

More than 3,000 passengers travelled on the three special trains, the Railway Ministry said. The first train to roll after the lockdown, from New Delhi to Bilaspur, had 1,072 passengers on board, while the trains to Dibrugarh and Bengaluru had 1,076 passengers each, according to tweets put out by the Ministry.

Fares depended on the distance. The IRCTC website showed that for trains departing on Tuesday, an AC 3-Tier ticket to Dibrugarh was for Rs 2,510. To Bilaspur Junction, the price was Rs 1,950, and to KSR Bengaluru, it was Rs 2,480.

Deepak Khurey (26) removed his shoes to show its torn soles. “I set off from Rewari on foot around 3 pm on Monday, with my brother-in-law and his wife, and reached Delhi around 5 am on Tuesday. We have no money left. I have sold my phone which got me Rs 500, but that’s not enough to buy a ticket to Bilaspur.”

Twenty-year-old Prince Prajapati and five of his friends had set off on foot at 5 in the morning from Dwarka in the hope of finding some way of getting a cheap ticket.

“We are all from the same village in UP’s Deoria district and we had come to Delhi in December to work as painters. But we have not had any work for the last two months. Last night we tried booking tickets but those cost Rs 1,200 each, while none of us had more than Rs 1,000. We thought we would manage something after reaching here, but got intimidated after seeing the large numbers of people in line with tickets,” he said.

Article Original Source : https://indianexpress.com/article/india/first-day-at-new-delhi-station-long...