Dr. Thumbay Moideen is the 7th richest among UAE-based Indians
Barclays Hurun India Rich List 2018
Mumbai : Thumbay Group Founder President Dr. Thumbay Moideen has been ranked the seventh richest among UAE-based Indians in the Barclays Hurun India Rich List 2018.
“Dr. Thumbay has been ranked 59 in the list which features 755 ranks in total. Dr.Thumbay Moideen’s wealth has been assessed as amounting to approx. USD 2 billion,” said a release.
According to the list, Dr. Thumbay Moideen is the 7th richest among UAE-based Indians, out of the 21 UAE-based NRIs who have made it to the list.
‘Barclays Hurun India Rich List 2018’ – is a compilation of the richest individuals in India having a net worth of Rs. 1,000 crore or more. In the 2018 edition, the list of individuals had increased by a third to 831 from 617 in 2017.
Reliance Group Chairman Mukesh Ambani has topped the list for the seventh consecutive year with the total net worth Rs. 3,71,000 crore.
Interestingly, the cumulative wealth of the 831 individuals featured in the list stood at USD 719 billion –amounting to a quarter of Indian GDP of USD 2,848. With 233 names hailing from Mumbai, the city emerged as the hub of the rich. While the New Delhi and Bengaluru stood second and third with 163 and 70 names respectively.
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Another North Goa nightclub sealed; Kejriwal says corruption led to fire tragedy
Panaji (PTI): As part of a crackdown against tourist establishments violating laws and safety norms in the aftermath of the Arpora fire tragedy, Goa authorities on Saturday sealed a renowned club at Vagator and revoked the fire department NOC of another club.
Cafe CO2 Goa, located on a cliff overlooking the Arabian Sea at Vagator beach in North Goa, was sealed. The move came two days after Goya Club, also in Vagator, was shut down for alleged violations of rules.
Elsewhere, campaigning for local body polls, AAP leader Arvind Kejriwal said the fire incident at Birch by Romeo Lane nightclub at Arpora, which claimed 25 lives on December 6, happened because the BJP government in the state was corrupt.
An inspection of Cafe CO2 Goa by a state government-appointed team revealed that the establishment, with a seating capacity of 250, did not possess a no-objection certificate (NOC) of the Fire and Emergency Services Department. The club, which sits atop Ozrant Cliff, also did not have structural stability, the team found.
The Fire and Emergency Services on Saturday also revoked the NOC issued to Diaz Pool Club and Bar at Anjuna as the fire extinguishers installed in the establishment were found to be inadequate, said divisional fire officer Shripad Gawas.
A notice was issued to Nitin Wadhwa, the partner of the club, he said in the order.
Campaigning at Chimbel village near Panaji in support of his party's Zilla Panchayat election candidate, Aam Aadmi Party leader Kejriwal said the nightclub fire at Arpora happened because of the "corruption of the Pramod Sawant-led state government."
"Why this fire incident happened? I read in the newspapers that the nightclub had no occupancy certificate, no building licence, no excise licence, no construction licence or trade licence. The entire club was illegal but still it was going on," he said.
"How could it go on? Couldn't Pramod Sawant or anyone else see it? I was told that hafta (bribe) was being paid," the former Delhi chief minister said.
A person can not work without bribing officials in the coastal state, Kejriwal said, alleging that officers, MLAs and even ministers are accepting bribes.
