8 DECEMBER2025Corporate rankings shift as Nandini Piramal, Chairperson of Piramal Group, surpasses Isha Ambani with a dramatic wealth surge, reflect-ing rapid growth in India's legacy enterprise. Seen as a notable shift in India's corporate hierarchy, Nandini underscores a major realignment in leadership fortunes, changing the nation's business power struc-ture.In today's era defined by rapid business transforma-tion, Isha Ambani's net worth remains at a strong 830 crore, but Nandini's wealth has escalated to a stagger-ing 83,752 crore. The vast gap between these fortunes highlights rapid scale at which legacy enterprises can grow amid modern economic momentum. It is pertinent to note that these statistics reflect the ambitious nature, visionary thinking, and diversification efforts incorporated within these conglomerates. Nandini's rapid ascendancy has drawn considerable attention from seasoned practitioners in the industry, pointing towards the effects and impacts of good governance and planning. Within the business world, Nandini is famous for initiating and operating within various business domains, including healthcare, finance, and property.These changes have significant implications in that they emphasize the importance of innovation, visionary investment, and strong leadership in creating lasting wealth. Vision and successful implementation are proving more valuable than traditional thinking in today's business arena. On Friday, the Asian Development Bank (ADB) announced the US$100 million loan agreement it has signed with Five-Star Business Finance Limited (FBFL) to provide more women from lower grouped income earners in India access to micro, small and medium enterprise (MSME) loans.ADB will provide financial support to FBFL through a project to help FBFL increase its MSME loan portfolio for women borrowers. The loan proceeds will be used under an international social finance framework and will be audited externally by ADB assistance.This also includes efforts from FBFL to increase gen-der responsive practices within the company, including engaging with customers, developing increased levels of digital financial literacy, and having an inclusive work environment.The ADB Country Director for India, Mio Oka said that women from low-income segments are more likely to have financial barriers to becoming entrepreneurs because they often have no collateral, inconsistent income and low levels of financial literacy.FBFL has a long history of providing financing to MSMEs in Tier 3 cities and beyond and serving underserved groups, including women borrowers. FBFL has over 700 branches across India and provides services to more than 400,000 borrowers. IN FOCUSNANDINI PIRAMAL OVERTAKES ISHA AMBANI IN INDIA'S WEALTH LISTADB SIGNS $100 MILLION LOAN TO BOOST MSME LENDING FOR WOMEN IN INDIA
<
Page 7 |
Page 9 >