The wealth of Gautam Adani, head of the Adani Group, which is involved in the business from ports to power, has come down to $ 50 billion. According to the data of the Bloomberg Billionaire Index on Monday, February 20, Gautam Adani's assets are $ 49.1 billion and he has come at number 25 on the list of the world's rich. On the other hand, according to the Forbes Real Time Billionaire List, Gautam Adani is number 25 with a net worth of $47.6 billion.
The wealth gap between Gautam Adani and Reliance Industries (RIL) chairman Mukesh Ambani is also increasing. According to the Bloomberg Billionaires Index, Mukesh Ambani is ranked 11th in the global rich list with a net worth of $83.6 billion. However, according to the Forbes Real Time Billionaires list, Ambani is in the 8th position with a net worth of $86 billion.
Shares of Adani Group Adani Green Energy, Adani Total Gas, Adani Transmission, and Adani Enterprises needed a respective 410 percent rise to hit their 52-week highs. Currently, Adani Green Energy's share is trading at Rs 606.45 on the Bombay Stock Exchange on Monday, while Adani Total Gas' share is trading at Rs 925.10. On the other hand, shares of Adani Transmission and Adani Enterprises are trading at Rs 873.90 and Rs 1,623.65 per share, respectively, on BSE in early trade on Monday.
Adani Group's market cap reached below $ 100 billion
The market capitalization (MCAP) of billionaire Gautam Adani-led Adani Group fell below $100 billion on Monday. Since the release of the Hindenburg Research report in late January, Adani Group shares have lost over $135 billion in market cap.
The group's market cap was $ 290 billion in September last year, which has declined by about $ 200 billion so far.
Selling continued in most of the group's shares on Monday (20 February 2023). Shares of Adani Enterprises, the flagship company of the group, declined by 9.4 percent.
Also Read: Dunzo Layoffs: Layoffs continue in startup companies, Google-backed Dunzo lays off 3% employees
Ravindra Jadeja: Jadeja took a dig at South Africa's batting, and said- it is easier to bat in the evening than in the afternoon.
By defeating South Africa in the 37th match of the World Cup 2023, India has registered its eighth consecutive win in the group round of this tournament. In this match played at Eden Garden, Kolkata,
Munawar Faruqui's name was added to Lawrence Bishnoi's hit list, murder attempt was made earlier as well.
Former minister and NCP leader Baba Siddiqui was shot dead. The Lawrence Bishnoi gang took responsibility for this murder. After this, news started coming that now these people are after Salman Khan.
Sambhal's DM Rajendra Pensia met Premanand Maharaj, the saint said- there is no need to be afraid..., VIDEO went viral.
Sambhal DM Dr. Rajendra Pensia went to meet Sant Premanand Maharaj at his Shriradha Keli Kunj in Ramanreti. While presenting Radharani's prasadi patuka to the DM, Sant Premanand Maharaj said that he
IPL 2024: RR had to score 27 runs in the last three overs, two bowlers not selected in the T20 World Cup team turned the match.
In the 50th match of IPL 2024, Sunrisers Hyderabad defeated Rajasthan Royals by 1-0. While chasing the target of 202 runs to win, the Rajasthan team could score only 200 runs after losing seven
Ishan Kishan's Birthday: Luxury lifestyle, collection of luxury cars, you will be shocked to know Ishan Kishan's net worth
Team India's star wicket-keeper batsman Ishan Kishan is celebrating his 25th birthday today. Ishan has earned a lot of names in international cricket at a very young age. Based on his game, Ishan has
Gaganyaan Mission: Test flight of Gaganyaan Mission successful, Crew Escape capability tested
Overcoming all the challenges, the first test flight of the Gaganyaan mission has been launched. ISRO launched it at 10 a.m. on October 21 from the Satish Dhawan Space Center in Sriharikota. This was
Manobala Passes Away: Tamil industry's famous actor Manobala passes away, Rajinikanth pays tribute
Manobala Passes Away: Big news is coming out from the Tamil industry. Renowned actor and director of the industry Manobala has passed away. According to reports, he died in Chennai on Wednesday. For a
'Walked 45 KM on foot, saw dead bodies on the way, crossed mountains...', Indians who reached via Dunki Route narrated their ordeal
Following the orders of US President Donald Trump, 104 Indians have been deported to Amritsar by military plane. With this, their dream of going to America failed. After this, 104 Indians have told
Mukhtar Ansari Death: There was chaos outside the cemetery to bury Mukhtar, and barricades were broken - DM said; action would be taken
During the funeral of Mukhtar Ansari, there was chaos when his supporters broke the barricades to enter the cemetery.
Himachal Pradesh: Natural disaster wreaks havoc in Himachal, the rescue of 780 people from flood-affected areas in Kangra
Natural calamity has created havoc in Himachal Pradesh. As many as 1,220 roads were closed in Mandi, Shimla, Kullu, district Sirmaur and other affected areas. Due to this, more than two thousand