Dr Shamsheer Vayalil is youngest South Indian among 100 richest Indians

[email protected] (CD Network)
September 24, 2016

Dubai, Sep 24: Shamsheer Vayalil, an NRI doctor, entrepreneur and philanthropist is the youngest South Indian and third youngest Indian to make it to the list of the 100 richest Indians published by Forbes in 2016.

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39-year-old Dr Shamsheer is the Founder and Managing Director of VPS Healthcare, a network of hospitals, clinics, pharmaceutical manufacturing units and pharmacies in the UAE and India.

VPS Healthcare is making huge investments into the Indian healthcare sector. It made its Indian foray by acquiring majority stakes in Lakeshore Hospital in Kochi and Rockland Hospitals in Delhi NCR in 2016.

In the Middle East, VPS runs a chain of hospitals, pharmacies, and pharmaceutical manufacturing units under different brand names. "Such recognitions would add impetus to the huge efforts put in to develop and deliver the best healthcare services at world-class level," opined Dr. Shamsheer.

The radiologist-turned-entrepreneur has been bestowed with various awards and recognitions. Earlier, Forbes Middle East and the arabianbusiness.com had listed him as one of the top 50 Indian business leaders and one of the 50 richest Indians in the GCC.

In 2014, for his overall contribution to the healthcare sector, the Government of India had awarded Dr. Shamsheer with Pravasi Bharatiya Samman award.

Also Read: Richest Indians: Mukesh No.1, Premji 4, Adani 13, Yusuff Ali 25, BR Shetty 47

Comments

nish
 - 
Saturday, 24 Sep 2016

Conrats Dr. Shamsheer.

Thanzeel
 - 
Saturday, 24 Sep 2016

By the way he is son-in-law of Mr. Yousuf Ali.

Natasha Sharma
 - 
Saturday, 24 Sep 2016

Happy to see the rise of young entrepreneurs in India, who never cheat the nation like Vijay Mallya.

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News Network
November 30,2025

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Udupi: The pontiffs of Sri Paryaya Puttige Mutt, the sacred seat of Jagadguru Shrimad Madhvacharya Moola Samsthanam, have submitted a proposal to the Prime Minister seeking comprehensive development for Udupi district. 

Proposal for International Airport

A key request is the establishment of an international airport. Highlighting that around 1,000 acres of land are available and suitable, the pontiffs noted that the existing Mangalore Airport provides limited international connectivity. They suggested the airport be developed under a Public-Private Partnership (PPP) or as a Greenfield Airport to boost trade, education, healthcare, and spiritual tourism.

Metro and Rapid Transit Connectivity

The proposal also calls for Metro Rail or Rapid Transit between Mangaluru and Udupi. The 55 km coastal stretch experiences heavy daily commuter traffic, causing congestion. The district administration is ready to prepare an initial project report for a Mass Rapid Transit corridor and requested inclusion under national urban mobility programmes to ensure safe, green, and time-efficient regional transport.

Port and Coastal Development

The pontiffs urged the development of an international-standard port with a cruise terminal along Udupi’s coast. They also requested fast-tracking of pending coastal tourism projects and revising Coastal Regulation Zone (CRZ) norms to encourage sustainable infrastructure and hospitality investment.

IT, AI and Technological Infrastructure

Support was sought for an IT and AI Innovation Park with incubation facilities under Digital India and Startup India initiatives. The proposal also emphasized the need for strengthened data security and cloud computing infrastructure to boost India’s technological independence.

Sports and Education Initiatives

The pontiffs requested national sports status for Kambala, along with financial and infrastructure support. They also sought the establishment of an AIIMS in Udupi, a new IIT campus, and approval for an IIM to promote higher education in the district.

Representation to the Prime Minister

Sri Sugunendra Tirtha Pontiff and Sri Sushrendra Tirtha Swamiji represented the pontiffs in submitting the comprehensive development proposal to the Prime Minister during his recent visit.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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News Network
December 5,2025

Mangaluru: In a significant step to curb online hate and intimidation, Mangaluru City Police have registered a suo motu case against multiple Instagram accounts accused of circulating alleged provocative and threatening content.

While monitoring social media activity on Tuesday, Kankanady Town PSI Anitha Nikkam identified the Instagram handle ‘team_targetttt_900’ for posting a hate message alongside images of lethal weapons. Another account, ‘team_nagara_900’, allegedly shared a threatening post targeting activist Bharath Kumdelu, tagging additional pages such as KARAVALI-OFFICIAL.

Several other accounts — including ‘immu_bhai.fan’, ‘target_boy_900’, ‘kings_of_manglore’, ‘team_target_boys.900’, ‘arshad_mangalore’, ‘target_ka19_ullal’, ‘team_target__’, ‘troll_tigersz_900’, ‘tr_group_900’, and ‘team_target_900’ — are also under scrutiny for spreading similar inflammatory material, police said.

Authorities have urged citizens, especially young social media users, to report suspicious pages and avoid engaging with groups that glorify violence or threaten individuals. Online hate can quickly escalate into real-world harm, and police stress that sharing or promoting such content can attract legal consequences.

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