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Joyalukkas
Joy Alukkas is an Indian businessman from Kerala. He is the chairman and managing director of Joyalukkas Group. According to a 2023 Forbes report, he has a net worth of $4.4 billion. Early life His father, Varghese Alukkas "A. J. Varghese" of the Alukkas family started the jewellery business by setting a store in Thrissur, Kerala, India. Later Varghese shared his business among his sons - Jos Alukkas & Sons , Jos, Francis, Joy Alukkas and Anto Alukkas. Joy Alukkas is concentrated in overseas business and started trading in gulf countries. Joy Alukkas' original name according to Malayalam, Malayali naming conventions was A. V. Joy. Career In 2001, Alukkas founded Joy Alukkas Jewellery. The group is based in Thrissur, Kerala and Dubai. In 2007, he opened a Gold & Diamond jewellery showroom, and a "Diamond Cave" in Chennai, India. In 2012, Joyalukkas was authorized to sell Forevermark branded diamonds from De Beers. Other businesses headed by Joy Alukkas include Mall ...
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2018 Kerala Floods
On 16 August 2018, severe floods affected the south Indian state Kerala, due to unusually heavy rainfall during the monsoon season. It was the worst flood in Kerala in nearly a century. Over 483 people died, and about one million people were evacuated, mainly from Chengannur, Pandanad, Edanad, Aranmula, Kozhencherry, Ayiroor, Pathanamthitta, Ayiroor, Ranni, Kerala, Ranni, Pandalam, Kuttanad, Malappuram, Aluva, Chalakudy, Thrissur, Thiruvalla, Eraviperoor, Vallamkulam, North Paravur, Chendamangalam, Chellanam, Vypin Island, and Palakkad. All 14 List of districts in Kerala, districts of the state were placed on red alert. According to the Kerala government, one-sixth of the total population of Kerala was directly affected by the floods and related incidents. The Government of India, Indian government declared it a Level 3 Calamity, or "calamity of a severe nature". It is the worst flood in Kerala after the great flood of 99, great flood of '99 that took place in 1924. Thirty-five ...
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Thrissur
Thrissur (, ), Renaming of cities in India, formerly Trichur, also known by its historical name Thrissivaperur, is a city and the headquarters of the Thrissur district in Kerala, India. It is the List of most populous urban agglomerations in Kerala, third largest urban agglomeration in Kerala after Kochi and Kozhikode, and the List of million-plus urban agglomerations in India, 21st largest in India. Thrissur is classified as a Classification_of_Indian_cities, Tier-2 city by the Government of India. The city is built around a hillock called Thekkinkadu Maidan, Thekkinkadu Maidanam (തേക്കിൻകാട് മൈതാനം) which seats the Vadakkunnathan Temple, Vadakkumnathan (വടക്കുംനാഥൻ) temple. It is located north-west of the state's capital city, Thiruvananthapuram, Thiruvananthapuram(തിരുവനന്തപുരം). Thrissur was once the capital of the Kingdom of Cochin, Kingdom of Cochin (കൊച്ചി രാജ്യം - k ...
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Crore
Crore (; abbreviated cr) denotes the quantity ten million (107) and is equal to 100 lakh in the Indian numbering system. In many international contexts, the decimal quantity is formatted as 10,000,000, but when used in the context of the Indian numbering system, the quantity is usually formatted 1,00,00,000. Crore is widely used both in official and other contexts in Bangladesh, Bhutan, India, Myanmar, Nepal, and Pakistan. Etymology The word ''crore'' derives from the Prakrit word , which in turn comes from the Sanskrit (), denoting ten million in the Indian number system, which has separate terms for most powers of ten from 100 up to 1019. The ''crore'' is known by various regional names. Money Large amounts of money in India, Bangladesh, Nepal, and Pakistan are often written in terms of ''crore''. For example 150,000,000 (one hundred and fifty million) rupees is written as "fifteen ''crore'' rupee Rupee (, ) is the common name for the currency, currencies of India ...
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1956 Births
Events January * January 1 – The Anglo-Egyptian Sudan, Anglo-Egyptian Condominium ends in Sudan after 57 years. * January 8 – Operation Auca: Five U.S. evangelical Christian Missionary, missionaries, Nate Saint, Roger Youderian, Ed McCully, Jim Elliot and Pete Fleming, are killed for trespassing by the Waorani people of Ecuador, shortly after making contact with them. * January 16 – Egyptian leader Gamal Abdel Nasser vows to reconquer Palestine (region), Palestine. * January 25–January 26, 26 – Finnish troops reoccupy Porkkala, after Soviet Union, Soviet troops vacate its military base. Civilians can return February 4. * January 26 – The 1956 Winter Olympics open in Cortina d'Ampezzo, Italy. February * February 2 – Austria and Israel establish diplomatic Austria–Israel relations, relations. * February 11 – British Espionage, spies Guy Burgess and Donald Maclean (spy), Donald Maclean resurface in the Soviet Union, after being missing for 5 years. * ...
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Businesspeople From Thrissur
A businessperson, also referred to as a businessman or businesswoman, is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) to generate cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital to fuel economic development and growth. History Medieval period: Rise of the merchant class Merchants emerged as a social class in medieval Italy. Between 1300 and 1500, modern accounting, the bill of exchange, and limited liability were invented, and thus, the world saw "the first true bankers", who were certainly businesspeople. Around the same time, Europe saw the " emergence of rich merchants." This "rise of the merchant class" came as Europe "needed a middleman" for the first time, and these "burghers" or "bourgeois" were the people who played this role. Renaissance to Enlightenment: Rise of t ...
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Forbes India
''Forbes India'' is the Indian edition of ''Forbes'', which is managed by the Reliance Industries-owned media conglomerate, Network 18. History and profile Since its founding in 2008, ''Forbes India'' has achieved a circulation of 50,000 copies and makes over Rs 50 crore in topline. The magazine is published fortnightly. In May 2013, the Network 18 owned '' First Post'' was merged with ''Forbes India''. Shortly thereafter, the four top editorial heads who had led the growth of ''Forbes India'', including its editor-in-chief Indrajit Gupta, were dismissed under surprisingly humiliating conditions. The event led to considerable media speculation. Press Club, Mumbai, passed a resolution: “The method of ejecting them from the company was nothing short of shameful. Journalists are not only messengers of news and information, but are the collective voice of civil society." The new editor R. Jagannathan (erstwhile editor of '' First Post'') took over ''Forbes India''. He told '' Th ...
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The World's Billionaires
''The World's Billionaires'' is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine ''Forbes''. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained. In 2018, Amazon founder Jeff Bezos was ranked at the top for the first time and became the first centibillionaire included in the ranking, surpassing Microsoft founder Bill Gates, who had topped the list 18 of the previous 24 years. In 2022, after topping the list for four years, Bezos was surpassed by Elon Mus ...
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Gulf Today
''Gulf Today'' is an English-language daily newspaper based in Sharjah, the United Arab Emirates. It is one of the four UAE broadsheet newspapers. The newspaper was launched on 15 April 1996 by brothers Taryam Omran Taryam and Abdullah Omran Taryam, owners of Dar Al Khaleej for Press, Printing and Publishing. The Dar Al Khaleej group also publishes '' Al Khaleej'', an Arabic Arabic (, , or , ) is a Central Semitic languages, Central Semitic language of the Afroasiatic languages, Afroasiatic language family spoken primarily in the Arab world. The International Organization for Standardization (ISO) assigns lang ... daily broadsheet newspaper. ''Gulf Today'' publishes an all-colour magazine, ''Panorama'', which is distributed free with the daily at the weekends. ''Panorama'' covers film, sports, literature, politics and entertainment from Hollywood to Bollywood. The editor in chief is Aysha Taryam. References {{DEFAULTSORT:Gulf Today 1996 establishments in the Uni ...
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Gulf News
''Gulf News'' is a daily English language newspaper published from Dubai, United Arab Emirates. First launched in 1978, it is distributed throughout the UAE and also in other Persian Gulf countries. Its online edition was launched in 1996. Through its owner Al Nisr Publishing, it is a subsidiary of the Al Tayer Group, which is chaired by UAE Finance Minister Obaid Al Tayer. History and profile ''Gulf News'' was first launched in tabloid format on 30 September 1978, but struggled in its early years. In November 1984, three UAE businessmen purchased the company and formed Al Nisr Publishing. The new owners of the paper were Obaid Humaid Al Tayer, Abdullah Al Rostamani and Juma Al Majid. With the death of Abdullah Al Rostamani in 2006, his position on the board is held by a family nominee while the other directors remain. Under new ownership, ''Gulf News'' was relaunched on 10 December 1985 and was free to the public. From February 1986, the public was charged one dirham (US ...
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HarperCollins
HarperCollins Publishers LLC is a British–American publishing company that is considered to be one of the "Big Five (publishers), Big Five" English-language publishers, along with Penguin Random House, Hachette Book Group USA, Hachette, Macmillan Publishers, Macmillan, and Simon & Schuster. HarperCollins is headquartered in New York City and London and is a subsidiary of News Corp. The company's name is derived from a combination of the firm's predecessors. Harper & Brothers, founded in 1817 in New York, merged with Row, Peterson & Company in 1962 to form Harper & Row, which was acquired by News Corp in 1987. The Scotland, Scottish publishing company William Collins, Sons, founded in 1819 in Glasgow, was acquired by News Corp in 1987 and merged with Harper & Row to form HarperCollins. The logo for the firm combines the fire from Harper's torch and the water from Collins' fountain. HarperCollins operates publishing groups in the United States, Canada, the United Kingdom, Austr ...
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Enforcement Directorate
The Enforcement Directorate (ED) is a law enforcement and economic intelligence agency of the Government of India. Established on 1 May 1956, it is responsible for enforcing economic laws and combating financial crimes. The ED operates under the Department of Revenue, Ministry of Finance, with its headquarters in New Delhi. The ED's primary mandate is to enforce two key laws: the Prevention of Money Laundering Act, 2002 (PMLA) and the Foreign Exchange Management Act, 1999 (FEMA). Additionally, it is tasked with implementing the Fugitive Economic Offenders Act, 2018 (FEOA). History The Directorate of Enforcement (ED) was established on 1 May 1956, as an "Enforcement Unit" within the Department of Economic Affairs, Government of India. It was created to handle violations of exchange control laws under the Foreign Exchange Regulation Act, 1947 (FERA '47). Initially, the unit was headed by a Legal Service Officer as the Director of Enforcement, assisted by an officer on de ...
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Hawala
Hawala or hewala ( , meaning ''transfer'' or sometimes ''trust''), originating in India as havala (), also known as in Persian, and or in Somali, is a popular and informal value transfer system based on the performance and honour of a huge network of money brokers (known as ''hawaladars''). They operate outside of, or parallel to, traditional banking, financial channels and remittance systems. The system requires a minimum of two hawaladars that take care of the "transaction" without the movement of cash or telegraphic transfer. While hawaladars are spread throughout the world, they are primarily located in the Middle East, North Africa, the Horn of Africa and the Indian subcontinent. Hawala follows Islamic traditions, but its use is not limited to Muslims. Origins The hawala system originated in India. In 2003 Hawala as a legal concept was documented, finding evidence of Hawala reaching back to 1327, in a publication by Matthias Schramm and Markus Taube, with the titl ...
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