Not wealth, Adani ahead in its creation
Ahmedabad: The wealth of the country's and Asia's richest men Mukesh Ambani and Gautam Adani is currently under discussion. As rich, Ambani is ahead in wealth but in one year, Adani kills the ground in terms of wealth growth.
According to the Bloomberg Billionaire Index, Gautam Adani's wealth has grown by 3 billion annually, while Mukesh Ambani's wealth has grown by only à«© 12 billion. Last year, Mukesh Ambani had a net worth of 4.5 billion while Gautam Adani had a net worth of 2.1 billion.
On Wednesday, through Gautam Adani's six listed companies, his assets (as a promoter in the total market value of the companies) were worth Rs 3,01,8 crore, while Mukesh Ambani's assets were worth Rs 2,6,8 crore. So the difference between the two was only Rs 4.5 crore. Mukesh Ambani has a net worth of Rs 1,11,60 crore more than Gautam Adani after the companies' shares fluctuated on Thursday.
Gasification assets rearrangement scheme
MUMBAI: As a result of more than one development in Reliance Industries, stocks jumped sharply to Rs 200 at one point, touching Rs 205 and touching Rs 205 at the end of the day. Along with this, the market capitalization of the company also increased by Rs.
Shares of funds were aggressively bought today as Reliance Industries announced the implementation of a scheme of arrangement to transfer gasification assets to wholly owned subsidiaries.
Reliance Industries' decision to cancel a વે 12 billion deal valuation of its stake in its oil and petrochemicals business with Saudi Arabia's Aramco has led to a sell-off in the last few days.
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