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Shutting Down of Adani Facility in Ludhiana a Win for Protesting Farmers
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Punjab: Blockade By Farmers Since January Forces Adani To Close Container Depot, Hundreds Rendered Jobless
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Punjab matter of farmers protest outside Adani Wilmar and Logistics reached High Court
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NEW DELHI: Industrialist Gautam Adani has added more billions to his personal wealth in 2021 than 19 other Indian billionaires together!
Among the 20 Indian billionaires on Bloomberg Billionaire Index, Adani s fortunes have risen by $35.2 billion in 2021 so far, compared with a $24.5 billion addition in the combined wealth of 19 other Indian billionaires.
Worth $69 billion as of today, Adani is trailing the richest Indian Mukesh Ambani ($77 billion) by only a few billions now.
Other than Adani, eight other Indian billionaires have added $1 billion or more to their personal wealth in 2021. They are Wipro s Azim Premji, whose wealth increased by $6.07 billion to $31.40 billion. Savitri Jindal of OP Jindal group added $4 billion to her wealth, while Lakshmi Mittal added $3.93 billion. Kumar Birla s wealth jumped by $3.25 billion to $10.1 billion. Others included Dilip Shanghvi of Sun Pharma (1.66 billion), Radhakishan Damani of DMart ($1.6 billion), Pankaj Patel of Cadi
Nifty, Sensex Indecisive – Weekly closing report
Moneylife Digital Team
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We had mentioned in last week’s closing report that Nifty, Sensex were directionless. The major indices faced a correction this week. The trend of the major indices in the week is given in the table:
On Monday, the indices suffered a major correction and ended with huge losses. On the NSE, there were 241 advances, 1,740 declines and 313 unchanged.
Flipkart announced that it will work with Adani Logistics to strengthen Flipkart’s supply chain infrastructure and further enhance its ability to serve its rapidly growing base of customers. In addition, Flipkart will set up its third data centre at Adaniconnex’s Chennai based facility.