Thursday, April 15, 2021
400 GTB

NNP LawOrder 11 04 2021

NNP Farmers

navan naroa 30

state mega job fair

Edu 20 March

Ayushman 11 04 2021

Markfed Sohna New

Verka Ice Cream

Innocent Hearts INNOKIDS Banner

Mukesh Ambani India’s richest with $84.5 bn, Gautam Adani 2nd: Forbes

- Advertisement -

New Delhi, April 7, 2021 –
Reliance Industries Chairman Mukesh Ambani topped the Forbes list of India’s 10 richest billionaires with a net worth of $84.5 billion, followed by Adani Group chief Gautam Adani.

Amid the Covid-19 pandemic, Ambani accomplished a fund-raising feat, garnering $35 billion through a string of deals to achieve his target of reducing his flagship Reliance Industries’ net debt to zero by 2021.

“He also sold a third of telecom unit Jio to marquee investors such as Facebook and Google and offloaded 10 per cent of Reliance Retail to private equity firms such as KKR and General Atlantic, plus concluded a $7.3 billion rights issue of Reliance shares,” Forbes said.

Second richest Indian, Adani, who has also diversified the group’s business and has taken a significant share in India’s airport management and operations business has a net worth of $50.5 billion.

Adani acquired a 74 per cent stake in Mumbai International Airport, the country’s second-busiest, last September. He also sold 20 per cent in his listed renewables firm, Adani Green Energy, to French energy giant Total for $2.5 billion.

The third richest Indian is HCL founder Shiv Nadar as per the Forbes list of India’s 10 Richest Billionaires 2021, with a net worth of $23.5 billion.

Last July, Nadar stepped down as chairman of $9.9 billion (revenues) HCL Technologies, handing over the position to his daughter, Roshni Nadar Malhotra.

Avenue Supermarts’ founder Radhakishan Damani ($16.5 billion) and Kotak Mahindra Bank MD Uday Kotak ($15.9 billion) took the fourth and the fifth spot in the list. (Agency)

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -SGPC Wheat Appeal

Stay Connected

20,405FansLike
112,826FollowersFollow

ENTERTAINMENT

Ashutosh Rana tests positive for Covid-19

Mumbai, April 14, 2021- Actor Ashutosh Rana has tested positive for Covid-19. The 53-year-old actor shared the news on Facebook while wishing fans on the...

Jackie Shroff packs a punch, with health tip

Mumbai, April 14, 2021- Actor Jackie Shroff on Wednesday reiterated a basic maxim to underline the need to look after one's health. Jackie posted a picture...

Katrina Kaif has just herself for company

Mumbai, April 14, 2021- Bollywood star Katrina Kaif, who tested Covid positive earlier this month, is currently enjoying her own company, going by her social...

Rahul Roy tests Covid positive

Mumbai, April 14, 2021- Actor Rahul Roy on Wednesday took to social media to inform netizens that he has tested positive for Covid-19 along with...

Payal Ghosh essays different shades in ‘Red’

Mumbai, April 12, 2021- Actress Payal Ghosh, who came under the spotlight a while back after accusing filmmaker Anurag Kashyap for sexual harassment, is gearing...

National

GLOBAL

OPINION

Woman Working on Laptop

10 Best Side Business Ideas for Women in 2021

Are you desperately looking and searching for new ideas for side business for women? There are a lot of business ideas for women, and we...
Model Mosque

A model mosque – by Asad Mirza

The Muslim community should try to evolve the construction of the mosques, at a lesser cost besides fulfilling both functional and practical needs, and...
Kashmir Spring

The Kashmiri Spring – by Aditti Ahluwalia

It's a wonderful World. Amidst the toings and froings of the Covid chaos, one good thing that has emerged is the luxury of time....

SPORTS

Health & Fitness

Cancer Vaccine

Novel personalised cancer vaccine safe: Study

New York, April 12, 2021 - A new personalised cancer vaccine, developed by the US researchers, is safe and beneficial for patients with different cancers, including lung and bladder, results of phase I clinical trials have shown. "While immunotherapy has revolutionised the treatment of cancer, the vast majority of patients do not experience a significant clinical response with such treatments," said...

Gadgets & Tech

error: Content is protected !!