Jayshree Ullal, Neerja Sethi in Forbes' self-made American women list

June 3, 2016

New York, Jun 3: Two Indian-origin women have featured on the Forbes' annual list of America's 60 wealthiest and most successful self-made women entrepreneurs who have "crashed ceilings through invention and innovation".

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India-born Neerja Sethi, who co-founded IT consulting and outsourcing firm Syntel with her husband Bharat Desai, is ranked 16th on 'America's Richest Self-made Women' list while president and CEO of Arista Networks Jayshree Ullal (55) is ranked 30th.

According to Forbes, the richest self-made woman in America is Diane Hendricks, the owner of ABC Supply, the largest wholesale distributor of roofing and siding in the country. Hendricks is now worth USD 4.9 billion, USD 1.2 billion more than last year when she was ranked second.

The second annual tally of America's wealthiest, most successful self-made women includes 60 trailblazers -- 10 more than last year.

The 60 women, who are worth a combined USD 53 billion, have created some of the nation's best known brands such as Gap and Spanx, while a number of them have also helped build some of the most successful companies in tech, including Facebook, eBay and Google.

Sethi (61) has a net worth of USD 1.1 billion. Her company employs more than 25,000 people and boasts a recent market capof USD 3.6 billion.

She is currently the vice president of corporate affairs, a role she has had since the company's inception. She also sits on the board of directors alongside her husband, who remains the chairman.

Born in London, raised in New Delhi, Ullal has a net worth of USD 470 million. She became president and CEO of Arista Networks in 2008, when it had no revenues and fewer than 50 employees. The company reported USD 838 million in revenue in 2015, after going public in June 2014.

"She took slightly more than an engineering team doing some good technology and turned it into the thriving network switch company it is today," says Arista co-founder David Cheriton.

Other notable names on the list include TV czar Oprah Winfrey, who moved up three spots to number two and has a new worth of USD 3.1 billion. Facebook's chief operating officer Sheryl Sandberg's fortune is now USD 1.4 billion, up a third from a year ago making her one of the year's biggest gainers.

Sandberg, who bagged the role eight years ago, has helped oversee the company's market capitalisation grow by a staggering USD 328 billion.

The youngest person in the ranks is 26-year-old singer and pop icon Taylor Swift, who made her debut at number 60 with a net worth of USD 50 million, thanks to her 1989 World Tour, which grossed a quarter of a billion dollars last year.

Among the other notable fresh faces were Carolyn Rafaelian on the 22nd spot, founder of jewellery brand Alex + Ani and actress-turned-entrepreneur Jessica Alba occupying the 42nd spot.

The list also includes Hewlett Packard CEO Meg Whitman (6), designer Tory Burch (19), singer Madonna (25), Yahoo CEO Marissa Mayer (33), singer Celine Dion (37) and pop icon Beyonce (56).

Altogether, 16 of the most successful self-made women made their fortunes in fashion or retail, more than any other sector.

Technology was second with 13, but six of those were C-Suite executives hired at technology companies in the early days, meaning only seven founded their businesses, Forbes said.

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December 15,2025

Mangaluru, Dec 15: Educational institutions in Mangaluru that rely on the popular Mangala Stadium for their annual sports events are bracing for an inconvenience as the city's key sporting venue is set to close its gates for a significant upgrade. The stadium is expected to be unavailable for approximately two months starting from January 15, 2026.

The closure is necessitated by a proposed overhaul of the stadium's facilities, with a special focus on upgrading the synthetic track. Pradeep Dsouza, Assistant Director of the District of Youth Empowerment and Sports (DYES), Dakshina Kannada, confirmed the development.

"Experts have visited the stadium, conducted a thorough inspection, and have given the go-ahead for a complete makeover," Dsouza stated. "Funds have been allocated for the project, and we are currently awaiting the final green signal from state officials to commence the work. We anticipate that the work will likely begin in the second week of January. Consequently, we have stopped renting out the stadium to colleges and other organizations in preparation for the upgrade."

The timing presents a logistical challenge for colleges, as many schools have already concluded their sports meets.

"Colleges will now be organizing their events and will need to find alternative locations to host their sports meets," Dsouza added. He suggested a few potential venues, including the Dakshina Kannada police ground, University College grounds, Panambur grounds, Swaraj Maidan in Moodbidri, and the Mangalore University sports grounds in Konaje.

However, many institutions note that finding a comparable venue will be difficult. While the DK police ground and University College grounds are closer to the city center, they do not possess the extensive facilities and infrastructure offered by Mangala Stadium.

Dr. P Dayananda Pai - P Satisha Govt First Grade College, Carstreet, is one such institution dependent on the stadium. Principal Jayakar Bhandary expressed hope for a swift completion of the work. "We expect the work to be completed at the earliest. If not, we will be forced to look for other venues to host the sports day for our students," Bhandary said, highlighting the pressing need for the city's main sporting facility.

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News Network
December 2,2025

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Bengaluru: 'Nati koli saaru' (country chicken curry) considered one of Chief Minister Siddaramaiah’s favourites along with steaming hot idlis was on the breakfast menu at Deputy CM D K Shivakumar’s residence on Tuesday, according to official sources.

The spread also included 'nati koli' fry, vada and pongal, among other items, they said.

In an apparent show of unity, Siddaramaiah visited Shivakumar’s residence for breakfast, just days after the two leaders shared a meal amid a simmering power tussle in the state Congress.

Siddaramaiah drove to the Deputy CM’s residence in Sadashivanagar, where he was received by Shivakumar and his brother D K Suresh, who is a former Congress MP.

Suresh and Kunigal MLA H D Ranganath, a relative of Shivakumar, joined them for breakfast, which featured a mix of vegetarian and non-vegetarian dishes.

Speaking to reporters later, Siddaramaiah said Shivakumar had invited him during his visit to the CM’s residence for breakfast on Saturday.

Asked about the difference between the two meals, the chief minister said, "At his (Shivakumar’s) house it was non-veg, while at my house it was veg. He is a vegetarian, I am a non-vegetarian. I had not prepared non-veg. I told DK to get chicken from the village as you won’t get the original in Bengaluru."

Shivakumar said he had initially invited Siddaramaiah to his residence, but the CM had suggested visiting his place first and reciprocating later. "It was a vegetarian breakfast at the CM’s house on Saturday," he noted.

"Today, I invited him (the CM) to my house. He enjoyed the breakfast, which had his Mysuru taste," Shivakumar added. At this point, Siddaramaiah remarked that Shivakumar’s wife is also from Mysuru.

Saturday’s breakfast at Siddaramaiah’s official residence, held as part of efforts by the Congress high command to ease tensions in the leadership dispute between the two, reportedly included idlis and sambar, according to official sources.

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News Network
December 4,2025

Udupi: A 40-year-old NRI from Udupi has reportedly lost more than Rs 12.25 lakh in an online investment scam operated through Telegram.

According to a complaint filed at the CEN police station, Leo Jerome Mendonsa, who has been working in Dubai for the past 15 years in computer accessories sales, maintains NRI accounts in Karkala and Nitte.

On November 12, 2025, Mendonsa was added to a Telegram group called Instaflow Earnings by unknown individuals. Users identified as Priya and Dipannita persuaded him to invest in “Revenue Tasks.” Initially, Mendonsa transferred Rs 1,100 multiple times and received the promised returns, encouraging him to continue.

On November 14, another user, Nishmitha Shetty, directed him to register on a website, digitvisionuoce.cc, and invest Rs 4 lakh in various shares. Over the next few days, he made multiple transfers totaling Rs 12,25,000, including Rs 50,000 via Google Pay, believing the scheme was legitimate.

After receiving the money, the alleged handlers stopped responding, and neither the invested amount nor the promised profits were returned.

The CEN police have registered a case under Sections 66(C) and 66(D) of the IT Act and Section 318(4) of the Bharatiya Nyaya Sanhita (BNS), and investigations are ongoing.

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