MICKY JAGTIANIS LANDMARK GROUP
Renuka Jagtiani is India's newest billionaire: Check out Landmark Group CEO's net worth, job, education and more
Renuka Jagtiani holds a Bachelor's degree in Arts from the University of Mumbai. She has received recognition for her outstanding business acumen, including awards such as the Outstanding Asian Business Woman of the Year in 2007 and Businesswoman of the Year in 2012, reported TOI.
Meet India's richest women: Savitri Jindal tops Forbes' list with $35.5 billion net worth
Savitri Jindal's rise to being one of India's richest women reflects a broader trend of women's empowerment in the country's business landscape. As the matriarch of the Jindal Group, she took over the conglomerate after her husband's passing and led it to remarkable success. Alongside her, other women like Rekha Jhunjhunwala, Vinod Rai Gupta, Renuka Jagtiani, and Smita Crishna-Godrej are making significant strides in business, reshaping the narrative of success in India. Jindal's philanthropy and political career further highlight her multifaceted impact.
Meet Renuka Jagtiani, India's newest billionaire and chairwoman of Landmark Group
Forbes recently released its 2024 list of richest billionaires in the world. The list, which features 25 new Indian billionaire, names Renuka Jagtiani on the top with a $4.8 billion net worth. The 70-year-old is the CEO and chairwoman of Dubai-based Landmark Group. The company was founded by Micky Jagtiani in 1973 and Renuka took over it after he passed away in May 2023. Under her, the Landmark Group employs 50,000 people. (Image: Instagram/ Landmark Group)
Lifestyle International reports 46% growth in sales during FY 22-23
Lifestyle International, part of Dubai-based entrepreneur Micky Jagtiani’s Landmark Group, operates a department store chain, value format Max, and home furnishing store Home Centre. Sales of organised retail segments grew 34% during FY22-23 compared to pre-pandemic (FY20), largely driven by quick service restaurants, sporting goods and electronics, a report by RetailersAssociation of India (RAI) has said.
Taxi driver to Rs 42,000 crore net worth: Story of an Indian businessman
A recognised businessman in the UAE, Mukesh Jagtiani has shown the world how to go from rags to riches. Considered one of the richest Indians in the UAE, Mukesh 'Micky' Jagtiani founded multinational conglomerate Landmark Group.
Kabir Lumba is interim CEO of Lifestyle and Home Centre
According to an official email to the company’s staff, reviewed by ET, January 11 will be Vasudev’s last working day at Lifestyle but would be on the company’s payroll until end of March.
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Lifestyle expects fashion retail to reach pre-pandemic level by second quarter of next fiscal
Compared to the same quarter last year, the retailer noted a jump in ticket size as casual shoppers have been replaced by serious buyers on the floor amid the pandemic. Window shopping at malls has reduced significantly despite ease in restrictions as fears of contracting the corona virus in public spaces continues to loom large.
Abu Dhabi Sheikh invests $1 billion in top grocer LuLu Group
The company led by Sheikh Tahnoon Bin Zayed Al Nahyan acquired an almost 20% holding in the Abu Dhabi-based supermarket group founded by Indian entrepreneur Yusuff Ali, sources said. It wasn’t immediately clear which company Sheikh Tahnoon is using for the investment or if he was buying the stake in his personal capacity, the people said.
A good Lifestyle helps apparel company close in on total sales of 2 rivals
Lifestyle International’s sales grew 12% in the financial year to March.
Splash CEO Raza Beig struck his first business deal at the age of 13!
From starting his tutorial classes to investing in a garment factory and buying a sick cable business, Beig has made it to the top the hard way.
Landmark Group launches e-commerce website in India
According to a PwC report, by 2020, online retail in India is expected to account for 3% of total retail. Further, orders per million are expected to more than double from five million in 2013 to 12 million by 2016.
Indian billionaire behind UK shareholder rebellion: Report
A Dubai-based Indian billionaire is reportedly behind a shareholder rebellion at one of Britain's major fashion retailers, a media report said today.
Arabian Indian Czars Award: Times Now felicitates successful Indians in Middle East
Times Now recently felicitated 15 successful Indians in the Middle East, at the second edition of Arabian Indian Czars Award.
Gautam Adani breaks into India's top 10 rich club as wealth jumps 152%
Adani blazed into the top league riding on the runaway share prices of his companies in recent past.
Dabur’s scion Amit Burman’s Lite Foods acquires Italian restaurant Scalini
Lite Bite already operates restaurant chains such as Punjab Grill and Zambar in India , where the food & beverage sector is witnessing frenetic investment.
Mukesh Ambani wealthiest Indian on Forbes' rich list, networth $21.5 billion
Ambani, 55, with a net worth of $21.5 billion is 22nd on the US business magazine's 27th annual ranking released on Monday.
Ten billionaires in Gulf Indians rich list: Survey
Jagtiani was ahead of food magnate Feroz Allana at $ 4.3 billion, with legendary Dubai-based investor Ragu Kataria placed third on $ 2.5 billion.
Dubai-based Landmark Group eyeing $1 billion business in India in next couple of years
Dubai-based Landmark Group targets $1 billion, or about Rs 5,500 crore, business in India in the next two years, its vice-chairperson Renuka Jagtiani said.
Global café chains like Krispy Kreme & others plan India foray
With the India foray of American coffee retailing giant Starbucks Coffee Co around the corner, at least four more global coffee chains are brewing India plans.
Promoters Mukesh and Renuka Jagtiani infuse Rs 90 crore in Lifestyle International
The Jagtiani family, which owns the Dubai-based Landmark Group, has pumped in fresh equity of Rs 90 cr to drive Lifestyle Intl's expansion plans.
Krispy Kreme, Citymax to open 80 outlets in India
American doughnut company Krispy Kreme has tied up with Landmark Group's Citymax Hotels to open 80 outlets in five years in India, taking its overall rollout target higher than bigger rival Dunkin Donuts.
French company Auchan eyes joint venture with Landmark group
French retail giant Auchan, touted as Wal-Mart's most aggressive global rival, has held talks with Micky Jagtiani's Landmark Group for a possible India entry.
Lifestyle overtakes Shoppers Stop; Max playing a game changer
Lifestyle has overtaken Shoppers Stop in the Indian lifestyle and fashion retail market for the first time, with mid-priced chain Max playing a game changer.
Landmark eyes JV with US restaurant biggies
Landmark Group, which operates Max hypermarkets and Lifestyle departmental stores in India, is revving up its food and beverage (F&B ) play.
Landmark boss Micky Jagtiani tops richest Indian-origin entrepreneurs list in Gulf with USD 3.2bn fortune
A survey by the Arabian Business weekly magazine shows that Landmark boss Micky Jagtiani now has close to USD 1.5 billion more than his nearest rival.
Lifestyle likely to post profit after 10 years of ops
Lifestyle International, the Indian unit of billionaire Micky Jagtiani’s $3.2 billion Landmark Group, is on course to post its first profit in more than 10 years of operations, a senior official said.
Micky Jagtiani to launch 25 Spar hyper stores by ‘12
After a phase of consolidation, billionaire Micky Jagtiani-owned Max Hypermarkets, which operates Spar-branded superstores, plans to expand its presence to new geographies and open 25 hypermarkets by 2012.
Landmark looks at Rs 200-cr expansion
The Dubai-based Landmark Group is looking to invest about Rs 200 crore to expand its footprint in India.
Landmark puts on hold hospitality play in India
The Landmark Group, a Dubai-based retail chain, has put its plans for the hospitality sector in India on indefinite hold.
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