Tag Archives: Records of Mumbai

INTERNATIONAL: INDIVIDUAL BUSINESS LEADERS: Maximum City ‘Mumbai’ has maximum billionaires in India, 3rd in the World and Asia’s billionaire capital making it the fasted growing club in the world

Mumbai was the fastest growing billionaire capital in the world with 92 billionaires, adding 26 in the year, taking it to third in the world and Asia’s billionaire capital.

India added 94 new billionaires in 2023, the most by any country other than the US, taking the total to 271, according to the 2024 Hurun Global Rich List. An individual with $1 billion in wealth is a billionaire.

The collective wealth of Indian billionaires amounts to US$ 1 trillion or 7 per cent of total wealth, emphasising the nation’s substantial economic influence, it said. The average age of Indian billionaires is 67 years.

Dominant industries which India’s billionaires represented include pharmaceuticals (39), automobile & auto components (27) and chemicals (24).

Mumbai was the fastest growing billionaire capital in the world with 92 billionaires, adding 26 in the year, taking it to third in the world and Asia’s billionaire capital. New York ranked number 1 with 119; London was in second spot with 97. Beijing dropped from first place last year to the fourth position with 91, just three billionaires less than India’s.

New Delhi broke into the Top 10 for the first time.

Mukesh Ambani is in the tenth position with a wealth of $115 billion and Gautam Adani is in the 15th position with a wealth of $86 billion, according to UK based Hurun.

At 52, Elon Musk (US $231 billion) reclaimed the title of the richest person in the world for the third time in four years, propelled by a surge in Tesla’s stock. Simultaneously, SpaceX, Musk’s aerospace venture, saw its valuation hit new heights on the back of successful launches, satellite internet ventures, and lucrative government contracts.

Jeff Bezos, 60, rose to the second position with US$ 185 billion, as his wealth grew 57 per cent this year, driven primarily by Amazon’s cloud computing, winning market share and making up for all his losses last year.

The biggest gainers of the year were Mark Zuckerberg, adding US$ 90 billion, and Elon Musk adding US$ 74 billion. Jensen Huang of Nvidia saw his wealth double to US$ 48 billion and a place in the Hurun Top 30.

Despite losing 155 billionaires, China is still the world capital for billionaires with as many as 814. The USA was just behind with 800 billionaires, adding 109. Between themselves, China and the USA — the  ‘Big Two’ — have 49 per cent of the known billionaires on the planet, down 4 per cent, says the Hurun Rich List.

The 2024 Hurun Global Rich List underscores India’s ascension as a future economic titan, poised to secure its place as the world’s third-largest economy. Surpassing all but the United States, India’s unprecedented billionaire boom propels Mumbai past Beijing, crowning it as Asia’s billionaire epicentre,” said said Anas Rahman Junaid – Founder and Chief Researcher, Hurun India.

The USA had a strong year on this latest Hurun Global Rich List, with its 800 entrants contributing a notable 37% of the overall wealth of the list. Adding 132 new faces, the American landscape continues to showcase entrepreneurial dynamism.

source/comment: indianexpress.com (headline edited)

INTERNATIONAL / NATIONAL: EDUCTION / MATHEMATICS WORLD RECORDS: Two Mumbai Students Aadhya Shetty & Pratham Mehta Bag ‘Top in the World’ For Mathematics Award

Two students from Mumbai’s Kanakia International School were awarded the “Top In The World” title for Mathematics at the Outstanding Cambridge Learner Awards.

Aadhya Shetty and Pratham Mehta received the “Highest Mark In The World” for the Cambridge IGCSE Mathematics (without coursework) category.

Cambridge Assessment International Education recognizes the achievements of exceptional Cambridge Learners worldwide through the Outstanding Cambridge Learner Awards. The title ‘Top in the World’ is given to students who have attained the highest global standard in a specific subject. Aadhya Shetty and Pratham Mehta have been acknowledged for achieving a perfect PUM score of 100 in mathematics in the June 2023 Cambridge Examination.

Ms. Shuchi Shukla, the principal of Kanakia International School, Chembur, emphasising the school’s dedication to holistic education said,”Aadhya and Pratham have etched their names in the institution’s history with this remarkable feat. Additionally, I would like to thank Ms. Priya Pathak and Mr. Prashant Kamble, our math teachers, for their contribution in guiding our students towards this exemplary achievement.”

source/content: freepressjournal.in (headline edited)

INTERNATIONAL: NATIONAL: AWARDS IN CHEMISTRY: Mumbai Professor and Dean Savita Ladage Wins Prestigious Royal Society of Chemistry’s (RSC) Nyholm Prize

Professor Savita Ladage, who lives in Mumbai, has been named winner of the Royal Society of Chemistry’s Nyholm Prize for Education in recognition of contributions to chemistry education.

Based at Homi Bhabha Centre for Science Education, Tata Institute of Fundamental Research, Professor Ladage won the prize for enthusiastically advocating the importance of chemical education, through mentoring chemistry educators and initiating teacher and student programs that promote chemistry education in India.

All the winners join a prestigious list of past winners in the RSC’s prize portfolio, 60 of whom have gone on to win Nobel Prizes for their work, including 2022 Nobel Laureate Carolyn Bertozzi and 2019 Nobel laureate John B Goodenough.

Professor Ladage also receives £5000, a medal and a certificate.

After receiving the prize, Professor Ladage said: “I feel deeply honoured to receive this prize and recognition in the community of individuals who are doing work in the area of chemistry education. I am thankful to the RSC for the same. The award and recognition has motivated me further to continue my work with greater zeal and enthusiasm. I am passionate about chemistry education in general.”

Ladage is passionate about teaching and learning chemistry. She interacts with chemistry students and teachers, especially at undergraduate level. One of her main interests has been chemistry lab education and helping students to make observations more carefully and critically. She designs experiments and highlights the associated procedures, difficulties and errors involved, and the data. Savita wants to change the perception of students and teachers of chemistry lab education.

When she’s not teaching, Ladage loves writing articles about different topics in chemistry, particularly the periodic table and the challenges involved in teaching and learning chemistry.

Dr Helen Pain, Chief Executive of the Royal Society of Chemistry, said: “The chemical sciences are at the forefront of tackling a range of challenges facing our world. From fundamental chemistry to cutting-edge innovations, the work that chemical scientists do has an important role to play in building our future.

“The inspiration, innovation and dedication of those who work in education is fundamental to the progress of the chemical sciences – shaping the future and setting our young people up to tackle the challenges and the opportunities facing our society and our planet.

“Professor Ladage’s work demonstrates an outstanding commitment to chemistry education, and it is our honour to celebrate their considerable contribution.”

The Excellence in Education Prizes celebrate inspirational, innovative, and dedicated people working in primary, secondary, further education and higher education – including teachers, technicians and more. These prizes recognise a wide range of skills – from curriculum design to effective teaching, and from personal development to working culture. This category includes specific prizes for teams and for those in the early stages of their career.

source/content: timesofindia.indiatimes.com (headline edited)