Latest news with #Biocon
India.com
a day ago
- Business
- India.com
Meet Billionaire Woman Who Bought India's Most Expensive Sea-Facing Flats In Mumbai For Rs... Her Name Is...; Check Net worth And Education
photoDetails english India's Most Expensive Flats: Leena Gandhi Tewari is a name not widely known, but she recently grabbed national attention after purchasing two sea-facing flats in Mumbai's Worli for a staggering amount — reportedly the most expensive residential property deal in India, according to media reports. Leena Gandhi Tewari is an Indian businesswoman and author. She is the chairperson of USV Private Limited, a multinational pharmaceutical and biotechnology company headquartered in Mumbai. Under her leadership, USV has become one of India's top five pharmaceutical firms, specializing in medications for diabetes and heart-related conditions. Updated:Jun 01, 2025, 08:20 PM IST India's Most Expensive Flat Deal 1 / 7 Leena Gandhi Tewari has purchased two luxurious sea-facing duplex flats in Mumbai's Worli for ₹639 crore, marking the most expensive residential property transaction ever recorded in India's real estate history. USV Chairperson Leena Gandhi Tewari 2 / 7 Tewari is the chairperson of USV, a pharmaceutical giant founded in 1961 by her grandfather, Vithal Balkrishna Gandhi, in collaboration with global cosmetics brand Revlon. She continues the family legacy with strong leadership. Ultra-Premium Sea-Facing Homes 3 / 7 The two duplexes are situated in Naman Xana, a 40-storey tower on Worli Sea Face. They span the 32nd to 35th floors, covering a total carpet area of 22,572 sq. ft. at ₹2.83 lakh/sq. ft. India's Most Expensive Flat Worth 4 / 7 Including over Rs 63.9 crore in stamp duty and GST, the total cost of the property purchase amounts to nearly Rs 703 crore. As per documents, the high-value deal was officially registered on May 28, 2025. Leena Gandhi Tewari Education And Family 5 / 7 Leena holds a from the University of Bombay and an MBA from Boston University. Her husband and both children—an MIT PhD and a Boston CS graduate—serve on the USV board, continuing the legacy. USV Chairperson Leena Gandhi Tewari Networth 6 / 7 With a net worth of $3.9 billion as of May 30, 2025, Leena is among India's wealthiest women. She ranks 964th globally and was the 45th richest Indian woman in Forbes India's 2023 list. Leena Gandhi Tewari Surpasses Networth Of MD Of Biocon And CEO Of Nykaa 7 / 7 Leena Gandhi Tewari's wealth exceeds that of fellow industry icons like Kiran Mazumdar-Shaw of Biocon and Falguni Nayar of Nykaa. In 2023, her net worth was estimated at $3.7 billion, rising significantly within a year. (Image Credit: Social Media And X)
Forbes
3 days ago
- Business
- Forbes
Hailey Bieber's $1 Billion Deal. Plus: How To Cut Small Talk From Work Meetings
This is this week's ForbesWomen newsletter, which every Thursday brings news about the world's top female entrepreneurs, leaders and investors straight to your inbox. Click here to get on the newsletter list! We begin this week with big news out of the beauty world: Yesterday afternoon, the publicly traded e.l.f. Beauty announced that it is acquiring Hailey Bieber's skincare and makeup company Rhode for as much as $1 billion. The deal marks one of the largest celebrity beauty acquisitions in recent years. Bieber launched Rhode in 2022 to near instant virality (as she told me that fall, there was a waitlist of 700,000 people for the company's three products). According to the e.l.f announcement Wednesday, Rhode's net sales in the year ending March 2025 hit $212 million. Bieber, whose spokesperson declined to comment on the size of her stake in the business, will remain involved in operations as chief creative officer and head of innovation. 'You don't know what to expect when it's out in the world and in people's hands,' Bieber told me in 2022. 'Did I have hopes? For sure, but this has far exceeded my hopes and expectations. I don't know how else to say it except that it just feels so crazy.' Cheers! Maggie Kiran Mazumdar-Shaw, Indian billionaire entrepreneur and founder of Biocon Limited (biotechnology ... More company) is seen during the World Audio Visual & Entertainment Summit (WAVES) event in Mumbai. (Photo by Ashish Vaishnav/SOPA Images/LightRocket via Getty Images) Thwarted in her ambition to become a brewmaster, Kiran Mazumdar-Shaw channeled her frustrations into building an international knockoff drug powerhouse and has become one of the world's most successful—and richest—female entrepreneurs. 'I call myself an accidental entrepreneur,' she says. This week marked the release of the 24th annual Midas List, Forbes' ranking of the world's top venture capitalists. Unfortunately, there are just 10 women on this list of 100 people, a statistic that reflects the overall poor representation of women among the world's most powerful check writers. Getting an MBA tends to boost earnings significantly for both women and men, but it's not helping to close the gender pay gap, new research shows. A survey of more than 1,000 graduates from elite MBA programs across the U.S., Europe and Canada, found that in the first post-MBA job, women's salaries, on average, rose 52% to $131,449 from their last pre-MBA role. Men's, meanwhile, surged 73% to $140,007. In proof that a moment of forgetfulness doesn't have to derail a whole day—or in this case, match—Coco Gauff forgot her tennis rackets when she walked onto the court for her first-round match at the French Open on Tuesday. Still, the No. 2 seed got them in time to dispatch Olivia Gadecki of Australia, 6-2, 6-2, to improve to 6-0 in first-round matches in Paris. Elon Musk might be ending his time as a 'special government employee,' but the effects of his DOGE cuts will far outlast his current tenure, especially when it comes to biomedical research and funding cuts at the NIH. Michelle Heritage, Executive Director of the American Brain Foundation, recently spoke to Forbes about how Musk's cuts will 'put the brakes' on cutting edge treatment innovations for brain disease—and this could disproportionately affect women, who suffer from higher rates of Alzheimer's and neurodegenerative disease. 'There isn't an ability for the private sector or private donors to fill those gaps,' Heritage said. 1. Implement some fact-checking at your organization. Fact-checking isn't just for journalism! If you publish knowledge-based content in service of your company's strategy, influence or authority, it's important to think about information integrity. 2. If you're exhausted, look at your inner monologue. The stories we tell ourselves matter. They either fuel us or drain us. Are you filling your own head with doubt, insecurity, and cynicism? Things like, 'What's the point?' or 'This is never going to work'? This type of fixed mindset thinking becomes a self-fulfilling prophecy. 3. Skip the small talk. If you want to show your team empathy without wasting time, set the tone in meetings by omitting a recitation of weekend activities and instead say something like, 'Let's jump in. I know we're tight on time.' Here's how else you can strike the right balance between efficiency and empathy. A world leader said he and his wife were 'squabbling and joking around' after a video showed her apparently shoving him in the face before departing an airplane. Which couple was it? Check your answer.
Hans India
3 days ago
- Business
- Hans India
Bengaluru: Kiran Mazumdar-Shaw Praises Namma Metro for Easy Ride
Kiran Mazumdar-Shaw, the famous Indian entrepreneur and founder of Biocon, recently took a ride on Bengaluru's Namma Metro. She commuted on the Purple Line from Whitefield to Vidhana Soudha. Accompanied her was her friend Jennifer Erich from Exxon Mobil. Kiran said the metro was a fast and easy way to avoid Bengaluru's heavy traffic. She took to X to post the Bangalore Metro Rail Corporation for the good service. Her trip shows how more people, including busy professionals, are choosing the metro to travel quickly and comfortably in the city.
News18
5 days ago
- Business
- News18
How To Beat Bengaluru Traffic? Billionaire Kiran Mazumdar-Shaw Has The Solution
Last Updated: Kiran Mazumdar-Shaw was impressed by how smooth and fast the Bengaluru metro journey was. Bengaluru's infamous traffic jams make commuting a daily struggle, prompting many to opt for the city's efficient metro system. Recently, Biocon founder and billionaire Kiran Mazumdar-Shaw surprised commuters by ditching her luxury car for a metro ride. She even shared her experience on social media. Shaw was accompanied by her friend, Jennifer Erich, whom she described as the 'Iron Lady of Exxon Mobil." Taking to X (formerly known as Twitter), Shaw shared a happy picture with Erich from the metro station. She wrote, 'Took the purple line from Whitefield to Vidhana with my Namma Metro friend, the Iron Lady of Exxon Mobil. Such a quick way to avoid traffic. Great ride." Took the purple line from Whitefield to Vidhana with my Namma Metro friend @jennifer_erich the Iron Lady of Exxon Mobil. Such a quick way to avoid traffic. Great ride. Thanks @OfficialBMRCL — Kiran Mazumdar-Shaw (@kiranshaw) May 27, 2025 Reacting to the post, a user wrote, 'A society's progress is measured when the Elite and powerful like you take public transport for travel. Really commendable and exemplary." Another shared, 'That's some good PR. Make your consumers the brand ambassadors. Thanks to Kiran Shaw to lead the way. Take the public transport when you can, you will know what you will be achieving with it." 'We need more public transport use by the rich and famous in Bengaluru to wean ppl away from their vehicles. The Purple Line needs a lot more capacity during peak hours, though. Gets very crowded, and not particularly comfortable," a comment read. One more added, 'Wow. Never imagined you would take a Metro." Kiran Mazumdar-Shaw isn't the only billionaire opting for public transport over luxury cars. In 2023, real estate tycoon Niranjan Hiranandani took a ride on a Mumbai local train to beat traffic and save time. Likewise, in 2024, Dubai-based Indian billionaire Rizwan Sajan, founder of the Danube Group, chose the metro over his luxury vehicle due to heavy rainfall in the city. First Published: May 28, 2025, 12:38 IST
India Today
5 days ago
- Business
- India Today
Kiran Mazumdar-Shaw avoids Bengaluru traffic with Namma Metro, shares her review
Billionaire entrepreneur Kiran Mazumdar-Shaw ditched her car and hopped on the Namma Metro this week, all to outsmart Bengaluru's the founder of Biocon, surprised many on Tuesday when she chose the metro over her usual commute. Taking the Purple Line from Whitefield to Vidhana Soudha, Kiran said the journey was quick and wasn't travelling alone either. Shaw was accompanied by her friend Jennifer Erich, whom she described as the 'Iron Lady of Exxon Mobil'. advertisement Erich currently serves as a Geoscience Manager at ExxonMobil's Bengaluru Technology Centre. The two seemed to have made the most of the metro experience, and yes, photos were her thoughts on X, Kiran wrote, 'Took the Purple Line from Whitefield to Vidhana with my Namma Metro friend Jennifer Erich, the Iron Lady of Exxon Mobil. Such a quick way to avoid traffic. Great ride. Thanks, BMRCL.'Take a look at the post here: Jennifer reacted with equal enthusiasm, writing, 'So happy to be your Metro Mentor!! Thanks so much for joining me at my office today.'Currently, the Namma Metro network has two operational lines, Purple and Green, and is run by the Bangalore Metro Rail Corporation Limited (BMRCL), a joint venture between the Centre and the Karnataka Mazumdar-Shaw's metro moment comes after a similar instance last year when real estate mogul Niranjan Hiranandani took the Mumbai local train to avoid traffic and save InMust Watch
