Adani: It was not just the month of January and the new year that was a setback for Adani. So who are the other entrepreneurs in India who got hit hard in January?
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New Delhi : by Adani Group (Adani Group) About his flagship company Adani Enterprises (Adani Enterprises) Made a big decision. This decision shook the stock market. The decision did not come in the way of investors. But this started the discussion about the shares of Adani Group. 20 thousand crore FPO of Adani Enterprises (Follow on Public Offer) was cancelled. The company decided to return the investors’ money. A report by the American Research Institute Hindenburg has given a big blow to the Adani Group. Adani group companies have lost more than $68 billion so far. Adani Enterprises, the largest arm of the Adani Group, lost another 25%.
After the Hindenburg report, Adani is shocked by the way the shares of the Adani group companies are struggling. A few days ago, Adani, who reached the third position in the list of the rich, not only did not get a place in the top-10 of the rich, but also did not get a place in the ranking.
by Bloomberg Billionaires Index (Bloomberg Billionaires Index) The report was released on 2 February. Accordingly, Gautam Adani has now come at the 13th position in the list of the world’s richest people. His total assets are $72.1 billion. According to the index, Adani has lost a total of $48.5 billion since the report. Adani has lost $12.5 billion in a week.
But this does not mean that only Gautam Adani is affected, his wealth has reduced. So this list also includes other Indian entrepreneurs. Of course, the reasons for their dwindling wealth varied. But in the month of January, he got a setback.
The beginning of this year 2023 has been bad for Indian entrepreneurs. Mukesh Ambani in this list (Mukesh Ambani), Radha Kishan Damani (Radhakishan Damani) and Savitri Jindal (Savitri Jindal) It includes that the wealth of all these veteran entrepreneurs has decreased in this month of January. Although there is no reason behind this like Adani, but there has been a decrease in wealth.
business Insider According to a report, Mukesh Ambani has lost $5 billion, Radha Kishan Damani $2 billion and Savitri Jindal $1 billion so far. These four entrepreneurs, including Adani, have incurred a loss of $56.5 billion so far. On February 2, the value of the rupee against the dollar has declined by a total of Rs 4,643,271,700,000.
Mukesh Ambani is from Reliance Industries (Reliance Industries) is the chairman. Savitri Jindal of Jindal Group (Jindal Group) He is the chief. After the death of her husband Omprakash Jindal, the sources of this group are in her hands. Whereas Super Chain Market D-Mart (D-Mart) The owner of the group of industries is Radha Kishan Damani.
Although Mukesh Ambani’s wealth has decreased by $ 5 billion this year, he has left Gautam Adani behind in the rich list. Mukesh Ambani’s total assets are $ 81 billion.
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