Kiran Mazumdar Shaw | Pixr8 News

8 Indian Women Billionaires in Forbes 2018 List

8Mar By Sheldan RungasamyNo Comments

INSPIRATIONAL

8 Indian Women Billionaires in Forbes 2018 List

This year, eight Indian women are featuring in Forbes ‘World’s Billionaires’ list which includes a total of 256 women billionaires, an unprecedented record. The cumulative net worth of the women billionaires featuring in the list soared above $1 trillion, a 20% progress from last year. While most of the women in the standings inherited their wealth, 72 of them are self-made tycoons, another record. Last year only 52 of them could claim this achievement. 1) Savitri Jindal with a net worth of $8.8 billion is the richest Indian woman billionaire and is ranked 176th globally. She is the chairperson of Emrietus, Jindal Steel & Power Ltd. In 1970, she married O.P Jindal, founder of the Jindal group, a steel and power multinational. 2) Founder of Biocon, Kiran Mazumdar-Shaw is the se...

Kiran Mazumdar Shaw Invested in Two Cancer Startups

4Oct By AdityaNo Comments

FUNDING

Kiran Mazumdar Shaw Invested in Two Cancer Startups

As per the report, Kiran Mazumdar Shaw, founder of Biocon invested in two cancer curated startups. She invested $1.6 million (around Rs 11 crore) in Philadelphia and Mumbai-based UE Lifesciences. UE Lifesciences, founded by Indian American entrepreneur Mihir Shah in 2015, earlier raised $3 million from Aarin Capital and received a grant of Rs 50 lakh from Unitus Seed Fund. Its develop an affordable breast cancer screening device. “Cancer therapy is not one-size-fits-all, if you stratify them based on genomics, among other things. So you can tailor-make therapy, which are less harsh and for that early detection is very important.”, Kiran said. Her bet on UE’s iBreastExam device is based on the uncomfortable experience women face with mammograms. But Shaw calls UE’s scans “intellige...

JLR is OK Over Britain Voted To Exit The EU

24Jun By NitishNo Comments

News

JLR is OK Over Britain Voted To Exit The EU

As Britain voted to exit the EU, Tata Motors-owned Jaguar Land Rover today said it is "business as usual" and will manage the long-term impact and implications of the decision, insisting "nothing will change" overnight for it and the automotive industry. "For Jaguar Land Rover, today is just business as usual. We are a British business with a strong manufacturing base in this country, we call Britain home and we remain committed to all our manufacturing sites and investment decisions," a JLR spokesperson said in a statement. On outcome of the referendum, the spokesperson said: "We respect the views of the British people and in line with all other businesses, Jaguar Land Rover will manage the long-term impact and implications of this decision: nothing will change for us, or the automotive i...

Lift regulations on startups, help them flourish: Kiran Mazumdar Shaw

26Jan By Press Trust of IndiaNo Comments

Entrepreneurs Talk

Lift regulations on startups, help them flourish: Kiran Mazumdar Shaw

Jaipur- Biocon chairman Kiran Mazumdar-Shaw has called for relaxing rules for startups to help them flourish, stating that there are several “hidden regulations” in the government’s new policy. “Even though the policy sounds very good, there are a lot of hidden regulations in that,” she said at a session titled ‘Beyond Jugaad, Making India Work’, during the Jaipur Literature Festival. She was in conversation with FICCI secretary general A Didar Singh, former SEBI chairman D R Mehta, Ford India Chief Nigel Harris and author John Elliot. Shaw said that although Make in India was a good strategy, the more important concern was to concentrate on finding manufacturing opportunities of the future. Mazumdar-Shaw also stressed for a reboot on the way different areas like manufact...