Mukesh Ambani breaks into top 10, ranked at 9th in Forbes global rich list
New Delhi, Apr 3: Oil-to-telecom conglomerate Reliance Industries Ltd head Mukesh Ambani continues to be the richest Indian and has now broken into the world's top 10 wealthiest persons in the latest Forbes 2024 Billionaire List.
Ambani, 66, is ranked 9th on the list with a wealth of USD 116 billion, up from USD 83.4 billion in the 2023 ranking, according to Forbes.
Gautam Adani is the second richest Indian and is ranked at No.17 on the global list. He is worth USD 84 billion, up from USD 47.2 billion in 2023 when his apples-to-airport conglomerate was rocked by a damning report by US short-seller Hindenburg Research. Adani group has denied all allegations in the report.
Adani, 61, was worth USD 90 billion in 2022 ranking.
The Forbes 2024 Billionaires List features 2,781 individuals, an increase of 141 names from last year's list. The billionaires, according to the list, are richer than ever, worth USD 14.2 trillion in aggregate, up by USD 2 trillion from 2023 and USD 1.1 trillion above the previous record, also set in 2021.
Two-thirds of the list's members are worth more than a year ago; only one-fourth are poorer.
Fashion and cosmetics giant LVMH's Bernard Arnault is at the top of the list with USD 233 billion wealth, followed by Elon Musk with USD 195 billion and Amazon's Jeff Bezos with USD 194 billion.
Facebook founder Mark Zuckerberg comes next in the list with a net worth of USD 177 billion.
The US has a record 813 billionaires followed by China with 473 billionaires. India added 31 billionaires to the list compared to last year with the number now reaching 200.
"To calculate net worths, we used stock prices and exchange rates from March 8, 2024," Forbes said.
Other Indians on the list include IT pioneer and HCL co-founder Shiv Nadar at No.39 with USD 36.9 billion wealth, Jindal group's Savitri Jindal and family at No.46 with USD 33.5 billion, Sun Pharma's Dilip Shanghvi at No.69 with USD 26.7 billion, vaccine maker Cyrus Poonawalla at No 90 with USD 21.3 billion, property baron Kushal Pal Singh at No 92 with USD 20.9 billion, and commodities king Kumar Bila at No 98 with USD 19.7 billion.
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MP HC sets up judicial commission to probe water contamination in Indore
Indore (PTI): The Indore bench of Madhya Pradesh High Court on Tuesday set up a commission of inquiry comprising a former HC judge to probe the issue of water contamination in city's Bhagirathpura, saying the matter requires probe by an independent, credible authority and "urgent judicial scrutiny".
It also directed the commission to submit an interim report after four weeks from the date of commencement of proceedings.
A division bench of Justices Vijay Kumar Shukla and Alok Awasthi constituted the commission while hearing several public interest litigations (PILs) filed simultaneously regarding the deaths of several people in Bhagirathpura due to the consumption of contaminated water.
The HC reserved the order after hearing all the parties during the day, and released it late at night.
The state government on Tuesday told the HC that the deaths of 16 people in Indore's Bhagirathpura area was possibly linked to a month-long outbreak of vomiting and diarrhoea caused by contaminated drinking water.
The government presented an audit report of 23 deaths from the current gastroenteritis epidemic in Bhagirathpura before the bench, suggesting that 16 of these fatalities may have been linked to the outbreak of vomiting and diarrhoea caused by contaminated drinking water.
The report, prepared by a committee of five experts from the city's Government Mahatma Gandhi Memorial Medical College, stated that the deaths of four people in Bhagirathpura were unrelated to the outbreak, while no conclusion could be reached regarding the cause of death of three other people in the area.
During the hearing, the high court sought to know from the state government the scientific basis behind its report.
The division bench also expressed surprise at the state government's use of the term "verbal autopsy" in relation to the report, sarcastically stating that it had heard the term for the first time.
The HC expressed concern over the Bhagirathpura case, stating that the situation was "alarming," and noted that cases of people falling ill due to contaminated drinking water have also been reported in Mhow, near Indore.
In its order, the HC said the serious issue concerning contamination of the drinking water supply in Bhagirathpura area allegedly resulted in widespread health hazards to residents, including children and elderly persons.
According to the petitioners and media reports, death toll is about 30 till today, but the report depicts only 16 without any basis or record, it said.
It is averred that sewage mixing, leakage in the pipeline, and failure of civic authorities to maintain potable water standards have led to the outbreak of water-borne diseases. Photographs, medical reports, and complaints submitted to the authorities prima facie indicate a matter requiring urgent judicial scrutiny, the HC said.
"Considering the gravity of the allegation and affecting the right to life under Article 21 of the Constitution of India and the need for an independent fact-finding exercise, the Court is of the opinion that the matter requires investigation by an independent, credible authority," it said.
"Accordingly, we appoint Justice Sushil Kumar Gupta, former judge of the Madhya Pradesh High Court, a one-man commission of inquiry into the issues relating to water contamination in Bhagirathpura, Indore, and its impact on other areas of the city," the HC added.
As per the order, the commission shall inquire into and submit a report on the cause of contamination -- whether the drinking water supplied to Bhagirathpura was contaminated; and the source and nature of contamination (sewage ingress, industrial discharge, pipeline damage etc).
The panel will also probe the number of actual deaths of affected residents on account of contaminated water; find out the nature of disease reported and adequacy of medical response and preventive measures; suggest immediate steps required to ensure safe drinking water as well as long-term infrastructural and monitoring reforms.
It will also identify and fix responsibility upon the officers and officials found prima facie responsible for the Bhagirathpura water contamination incident, and suggest guidelines for compensation to affected residents, particularly vulnerable sections.
The commission shall have powers of a civil court for the purpose of summoning officials and witnesses; calling up records from the government department, hospitals, laboratories and civic bodies; ordering water quality testing through accredited laboratories; conducting spot inspections.
All state authorities involving district administration, Indore Municipal Corporation, public health engineering department and Madhya Pradesh Pollution Control Board shall extend full co-operation and provide records as sought by the commission, it said.
The state government shall provide office space, staff, and logistical support to the commission, it said.
During the hearing in the day, the state government also presented a status report to the court in this matter.
According to reports, a total of 454 patients were admitted to local hospitals during the vomiting and diarrhea outbreak, of whom 441 have been discharged after treatment, and 11 are currently hospitalised.
According to officials, due to a leak in the municipal drinking water pipeline in Bhagirathpura, sewage from a toilet was also mixed in the water.
