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What made news this past fortnight

What made news this past fortnight

What made news this past fortnight - Dilip Shanghvi became India's richest, China's economic growth and more.

What made news this past fortnight - Dilip Shanghvi became India's richest, China's economic growth and more.

A sketch of L&T's AM Naik
A sketch of L&T's AM Naik
"It's too little, too late... No private sector project will take off at such high interest rates."

That's Larsen & Toubro Chairman A.M. Naik's response to Reserve Bank of India's post-Budget rate cut, in an interview with Business Standard.

A sketch of Sun Pharma's Dilip Shanghvi
A sketch of Sun Pharma's Dilip Shanghvi
THE RICHEST OF THEM ALL

Dilip Shanghvi, the Founder and Managing Director of Sun Pharma, is now India's richest person. He topples Mukesh Ambani from the perch.

7%

The economic growth China is targeting in 2015. It grew 7.4 per cent in 2014, which was its slowest in 24 years. The government's target for the year was 7.5 per cent.

HOW TO SPEND YOUR BILLIONS

Paul Allen
Paul Allen
Paul Allen, Microsoft's co-founder, claims to have discovered the wreck of the Musashi, a Japanese warship that was one of the largest and most heavily armed. It was sunk in an air attack by American and Australian forces in 1944 during the Second World War. Allen left Microsoft in 1983, eight years after founding it with Bill Gates, and is ranked among the world's wealthiest people with $17.5 billion in net worth. He owns three mega yachts, three professional sports franchises, plays the guitar in a rock band, and has given away $1.5 billion.

SEPTEMBER 2015

Apple logo
That's when Apple will begin producing a larger 12.9-inch iPad, according to media reports. The production was to begin this quarter, but got delayed due to inadequate supply of display panels.

Jeffery Archer
Jeffery Archer
"These bunch of thieves have stolen several of my books without so much as a 'by your leave'. Ladies Vs Ricky Bahl and Khudgarz, and several others."

Said British Author Jeffrey Archer in an interview with the DNA newspaper. As you may have divined, the "thieves" are Bollywood filmmakers.