MUMBAI: Radhakishan Damani, an astute stock market investor and founder of Avenue Supermarts has become India’s second richest person with a networth of $ 17.8 billion, next to Mukesh Ambani, according to Forbes' Real-Time Billionaires Index. After a rally of over 5% of Avenue Supermarts shares this week, Damani has pipped past HCL's Shiv Nadar ($16.5 billion), Uday Kotak ($14.9 billion), Gautam Adani ($14.1 billion) and Lakshmi Mittal ($12.1 billion) in the Forbes Billionaire Index. The total net worth of India’s richest person, Mukesh Ambani is at $57.4 billion, as on Saturday. Shares of Avenue Supermarts--the firm that controls supermarket chain D-Mart—rallied 31% so far this year and added about Rs 36,000 crore in market capitalization. Currently, the stock is trading at a market capitalization more than that of Wipro, ONGC, UltraTech Cement, and HDFC Life Insurance. Avenue Supermarkets shares rallied sharply after the company announced a share sale for … [Read more...] about D-Mart’s Radhakishan Damani now India’s second richest individual
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Having established some of the contributors to our insomnia, I’ve been looking for answers. So far I’ve tried CBD (quite helpful); having a bath with lavender oil (occasionally helpful); sleeping pills (very helpful, but I don’t want to be addicted); white noise (better than just the sound of my thoughts rattling around); melatonin (in small doses and taken regularly it definitely helps and it’s available on the NHS, but only for over 55s); Horlicks (just makes me thirsty); doing less work (works a treat, but hard to pay the bills); the Calm app (pleasantly distracting); and HRT (studies show it can help with sleeplessness in menopause, although it didn’t resolve the problem for me). … [Read more...] about ‘I look at the clock… it’s 3am’: Why can’t women sleep?
It terrifies me that my children will not be getting the same opportunities I have had. When I was 19 I backpacked around Europe with no complications. I worked in bars, did au pair work along the way and I’ve always considered myself European. I hate the fact that my children can’t have that now through no fault of their own. … [Read more...] about ‘It terrifies me’: Britons in Europe on how Brexit is going to affect them
The first option is to convert a portion of your traditional IRA to a Roth IRA, ideally on an annual basis. When your heirs eventually inherit a Roth IRA, they'll still be subject to the ten-year payout schedule of the SECURE Act. But since you already paid taxes on the conversion, the Roth IRA distributions will happen Tax Free. As an added bonus, your heirs will also get an extra ten years of tax free growth after your death. … [Read more...] about Major Changes to Estate Planning with Retirement Accounts
Hattersley is not, however, completely dismissive. Credit is given to Lloyd George's uncommon skills as a negotiator (his first great achievement, as president of the Board of Trade in Campbell-Bannerman's 1906 Liberal cabinet, was to broker a deal between angry rail unions and 17 irate company chairmen). Praise is offered for his role in modernising the Liberal party, and for the pensions and national insurance schemes with which Lloyd George paved the way for Britain's modern welfare state. It is acknowledged that he was one of the 20th century's two great British war leaders, although more emphasis might have been laid upon the fact that Lloyd George had no broadcasting service by which to spread the bewitchment of his oratory. … [Read more...] about The Great Outsider: David Lloyd George by Roy Hattersley