Lakshmi Mittal

Naïa Island: the secret Dubai haven attracting the world’s billionaires

Nov 26, 2025, 12:19 PM IST

Billionaire Lakshmi Mittal is reportedly leaving the UK for Dubai’s ultra-luxurious Naïa Island, driven by new British tax reforms and the allure of zero-tax billionaire living.

Lakshmi Mittal quits UK for Dubai as tax uncertainty pushes billionaires out: Report

Nov 23, 2025, 08:33 PM IST

Currently a Swiss tax resident, Mittal reportedly plans to spend most of his time in the UAE, where he already owns a mansion and is acquiring property on Naïa Island. He is ranked the eighth richest person in the UK with an estimated net worth of £15.4 billion.

Adani, Ambanis, Birla fund landmark Rs 50 cr health insurance plan for SC bar members: Report

May 21, 2025, 09:30 PM IST

India's major business leaders have collectively funded a ₹50 crore health insurance scheme for the Supreme Court Bar Association, offering comprehensive coverage to its members, including cashless treatment and maternity benefits.

Lakshmi Mittal buys luxury mansion in Dubai in landmark property deal: Report

May 16, 2025, 08:46 AM IST

Mittal, 74, is not the only uber-wealthy to seek a residential option in Dubai. Billionaire Mukesh Ambani’s family had also bought luxury real estate in Dubai.

Scheduled 'without consulting its benefactors': Mittal family on Harvard's Pakistan conference after massive criticism

May 01, 2025, 10:12 AM IST

The event, linked to the Lakshmi Mittal and Family South Asia Institute, drew criticism for being "tone deaf," considering the attack in Jammu and Kashmir on April 22, which claimed 26 lives.

Lakshmi Mittal may leave UK over tax law change: Report

Mar 29, 2025, 10:40 AM IST

Mittal, a key figure in the business world, has been residing in the UK for almost three decades. The reported reason for his potential departure is the government's decision to discontinue tax exemptions for specific foreign income and gains.

UK PM Rishi Sunak outshines King Charles in latest 2024 rich list. Here is how much he is worth

May 18, 2024, 09:58 AM IST

The couple ranked higher than the late Queen in 2022 - with Elizabeth II’s personal fortune that year evaluated at £370 million. Sunak became the first front-line politician to feature on the Sunday Times' annual wealth list in its 35-year history when he appeared on it as chancellor in the 2022 edition.

SBI refuses to details of electoral bonds furnished to EC, cites RTI Act: Report

Apr 11, 2024, 04:06 PM IST

The public sector lender was responding to RTI activist Commodore (retired) Lokesh Batra, who sought complete disclosure on electoral bonds data in the digital form, as provided to the poll body after the top court's order.

'Those dancing over it are going to repent,' says PM Modi on electoral bonds data issue

Apr 01, 2024, 07:06 AM IST

Narendra Modi emphatically rejected the suggestion that the issue of electoral bonds caused a setback to his government.

Electoral bonds issue: 'Are all 1,300 companies thieves?' Acharya Pramod Krishnam attacks Opposition, Rahul Gandhi

Mar 17, 2024, 08:59 AM IST

He also criticised Congress leader Rahul Gandhi who had earlier claimed that the BJP was running the "biggest extortion in the world" through the Electoral Bond Scheme.

'GIFT City can become a global financial destination,' says K. Rajaraman, head of top regulatory body IFSCA

Jan 22, 2024, 06:12 PM IST

Further policy reforms will enable Indian businesses located overseas to relocate to GIFT City, says K. Rajaraman, Chairperson of regulator IFSCA