The changes state that any conventional attack on Russia, aided by a nuclear power, could be considered to be a joint attack
world3 days ago
Industrialist Gautam Adani slipped out of the top 20 richest people on World's Real-time Billionaires list of Forbes and was placed in 22nd position on Friday.
Gautam Adani's wealth had declined 21.77 per cent or $16.2 billion.
The current net worth of the industrialist was $581.1 billion at 1.23pm (IST) on Friday afternoon, while Reliance Industries Mukesh Ambani's net worth was at $82 billion.
On Thursday, Adani Group Chairman Gautam Adani, who stood at the 10th spot on the Forbes Real-time billionaire list for 2023, after being overtaken by Reliance Industries Chairman Ambani on Wednesday, further slipped and came to the 15th spot on the list.
On Thursday morning, Ambani overtook Adani to become the richest Indian in the world with a net worth of $84.3 billion, according to Forbes.
However, at the top of the list is French luxury fashion giant Louis Vuitton's founder and CEO Bernard Arnault Bernard Arnault.
However, these values fluctuate constantly. If there is a gain in Adani's stock, it is expected Adani's personal wealth will rise too.
The decline of Gautam Adani on the Forbes' list happened, following a report by US short-seller Hindenburg Research on the Adani Group alleging a decade-long fraud scheme, "brazen accounting fraud, stock manipulation and money laundering."
According to the data available on BSE, Shares of Adani Group's flagship firm, Adani Enterprises, were down 27.47 per cent to Rs1,143.50 apiece on Friday morning. According to data available, in just five sessions, it has lost more than Rs1,926.55 or declined over 62 per cent.
ALSO READ:
The changes state that any conventional attack on Russia, aided by a nuclear power, could be considered to be a joint attack
world3 days ago
The country launched a probe in March 2021 into WhatsApp's privacy policy, which allowed data sharing with Facebook and its units, sparking global backlash
world4 days ago
This time around, Trump wants the Senate to give up that gatekeeping role and allow him to make 'recess appointments'
world4 days ago
Police allege the offences took place between 2001 and 2019 against 8 victims; the youngest was 17 at the time of the offence
world4 days ago
The two countries have a mutual defence treaty dating back to 1951, which could be invoked if either side came under attack, including in the South China Sea
world4 days ago
Nigerian President Bola Ahmed Tinubu conferred the Grand Commander of the Order of Niger on Narendra Modi in Abuja on Sunday
world5 days ago
The titleholder's winning answer focused on using each individual's strengths
world5 days ago
The suspects would be interrogated jointly with the Shin Bet internal security agency, police said
world5 days ago