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Adani-Hindenburg row: How withdrawal of FPO may impact billionaire Gautam Adani s group

Due to the carnage in Adani stocks, Gautam Adani who was among the top five billionaires in the world - witnessed a massive downfall in his wealth. Mukesh Ambani has surpassed Adani to become the richest man in India.

Who owns the Indian stock exchanges?

Stock exchanges: Foreign investors have an overall stake of 44.6% in NSE while BSE has its foreign holding pegged at 18.1%, as per data from Sebi; Life Insurance Corporation of India (LIC) is the single-largest shareholder in both BSE and NSE.

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