Monday, 16 December 2024 () Mukesh Ambani and Gautam Adani, once centibillionaires, have seen their fortunes decline. Ambani's Reliance conglomerate faces underperforming energy and retail businesses, while Adani confronts a US Department of Justice probe over alleged bribery, adding to the fallout from previous fraud accusations. Both tycoons are battling to regain investor confidence amidst these mounting challenges.
According to Bloomberg, both Adani and Ambani are out of the company's “elite centibillionaires club,” which comprises people with wealth exceeding $100... Zee News
Monday, 16 December 2024 ()
