Tag Archives: Billionaire

This Billionaire Finds Auto Expo to be ‘Too Expensive to Participate’

New Delhi: At a time when the automobile industry is gearing up for the Delhi Auto Expo, Bajaj Auto MD Rajiv Bajaj on Monday said it is too expensive to participate in the biennial show and wasteful to create expensive concepts. The company, which unveiled its new bike V on Monday, is skipping this year’s Auto Expo citing high costs. ... Read More »

Russian Billionaire Makes $200 Million Investment in Uber

Russian billionaire Mikhail Fridman’s LetterOne investment vehicle said on Friday it had made a $200 million (roughly Rs. 1,361 crores) investment in US ride-hailing service provider Uber Technologies Inc. It did not specify when it bought the shares or what stake it had acquired in the firm, which has previously raised more than $5 billion (roughly Rs. 34,039 crores) in ... Read More »