Bangalore: High on IT, Hip-Hop & Money!

MANAGEMENT GURU

After Mumbaikars and Delhiites, it's now the Bangaloreans who are getting richer by the day. The IT hub of the country is the third largest in terms of High Network Individuals (HNI). At present, Bangalore has around 10,000 individual dollar millionaires & 60,000 super rich people with surplus of Rs.45 million & Rs.500,000 for investment, respectively. A study conducted by American Express says, there are close to 83,000 HNIs and 711,000 super rich people in India. The city's investment into financial instruments like shares and mutual funds ($25 billion in 2006, as compared to $200 billion in Mumbai & $50 billion for Delhi) talk of the city's burgeoning wealth. Return of NRIs, entrepreneurs and fat pay cheques are some of the reasons for making this city Richie-Rich.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Article, Visit Below....
Management Guru 's Speak on IIPM
IIPM going global
IIPM Management Guru India, Planman Consulting India
Management Guru 's Message
IIPM : EDITORIAL & RESEARCH
The maverick management guru
IIPM Alliances
IIPM Academics : Curriculum
On "IIPM - Arindam Chaudhuri - Planman"

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)