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Gautam Adani: Adani bounce back.. Rs. 3.8 thousand crore profit.. Re-entry into top 20!

The News GlorybyThe News Glory
07/02/2023
Gautam Adani: Adani bounce back.. Rs. 3.8 thousand crore profit.. Re-entry into top 20!

Gautam Adani: Gautam Adani has been the wind in the domestic corporate sector for the past year. As he wanted, the famous companies like ports, airports, cement and electricity came and joined his group. The values ​​of the shares of the group companies have skyrocketed. His wealth has increased immensely and reached 120 billion dollars. It became the second largest Kubera in the world. If you look at it now.. within a week, the shares of Adani companies have lost more than half of their value. The market value of Adani group companies has more than halved after the Hindenburg report. With this, Gautam Adani has fallen from the top 20 in the list of the world’s best actors. Asia Kubera’s place was handed over to Mukesh Amba.

However, Gautam Adani is recovering as fast as it fell as some of the companies in the Adani Group recovered from losses in the past few days. Adani stocks made good gains on February 7. With this, its wealth has increased by 463 million dollars (Rs. 3.83 thousand crores). He was one of the highest earners in the world. Forbes named Elon Musk ($3 billion), Tadashi Yanai ($708 million), Ravi Jaipuria ($675 million), and Lo Tuck Wang ($648 million) in the list of earners.

In 17th place..
According to the statistics released by Forbes.. Gautham Adani has entered the top 20. Currently, he has recovered 463 million dollars. Forbes said that he has returned to the 17th place in the list of the world’s richest people. On the other hand, Adani Ports Q3 revenue increased by 16 percent to Rs 15,055 crore. As a result, the company’s shares came into profit. As fast as it has grown.. the decline of Adani’s wealth has become a topic of discussion around the world. However.. Adani is looking for all ways to get out of trouble. FPO has already been cancelled. The promoters of the Adani Group announced on Monday that they will undertake prepayment of 114 million dollars of loans.

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A father in trouble, a big responsibility for his son! Do you know what Adani’s son will do?

Good news for employees.. Annual benefit up to Rs. 20 thousand.. New rule on leave encashment..

PhonePe: New services of PhonePe.. No more easy payments abroad.. No extra charges!

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