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WEALTH WIPEOUT
The AGM challenge: Mukesh Ambani seeks fresh RIL momentum after Rs 1.5 lakh crore wealth wipeoutReliance Industries Chairman Mukesh Ambani faces shareholder scrutiny at the AGM following a Rs 1.5 lakh crore market cap decline. Investor...
Dubai regulator probe found HDFC’s DIFC branch kept quiet for 5 years, failed to meet integrity standardsBanks own ethics panel found high number of regulatory breaches while onboarding clients; Deloitte, Kroll also had conducted probe. Funding...
Adani Total Gas, Stove Kraft among 30 stocks that surged up to 20% despite Rs 6 lakh crore wealth wipeoutDespite a sharp market downturn, select gas and water-related stocks delivered strong gains. Adani Total Gas hit the upper circuit on polic...
Paraskevidekatriaphobia! Is Friday the 13th really cursed for Indian stock market?Historical data debunks the Friday-the-13th myth on Dalal Street. The Indian market closed higher in 9 of the last 16 such sessions (56.25%...
$3+ trillion wiped out from gold and silver in minutes and was it complete manipulation? Here's complete truth, and gold and silver price drop explained$3+ trillion wiped out from gold and silver in minutes has shocked investors worldwide. Prices of gold and silver plunged sharply after rec...
Elon Musk loses $12,000,000,000 in one day amid Trump feud and Tesla crash — here’s what caused second-biggest wealth wipeout in human historyElon Musk just lost a jaw-dropping $12,000,000,000 in one day, and the world is watching. The loss came after a heated Trump feud and a dra...
Billionaire bloodbath: World’s richest brace for nearly $900 billion in losses in just 48 hours of market mayhem, triggers historic wealth wipeout among global eliteThe world's top 500 billionaires faced a historic $887 billion loss in 48 hours due to President Donald Trump's new import tariffs, with ne...
Why stock market fell today: 4 reasons behind Rs 9.5 lakh crore wealth wipeout; Sensex down 930 pts, Nifty below 22,950Stock Market Crash Today: Indian stock markets experienced a significant drop, with Sensex falling over 1,000 points and Nifty50 declining ...
Investing in SMEs? 15 stocks crashing 80% each in market correction offer a stark warningIn recent market corrections, SME stocks have shown significant declines, with many losing up to 85% in value. This highlights the volatile...
The Week That Was: Market tanks 4.5%, erasing Rs 16.6 lakh crore in investor wealthThe NSE Nifty fell 235.5 points or 0.9% to close at 25,014.6. The BSE Sensex declined 808.65 points or 1% to end at 81,688.45. Both indices...
Hot US inflation report burns hopes for June rate cutTreasury yields also leaped in the bond market, raising the pressure on the stock market, after a report showed inflation was hotter last m...
Zuckerberg sells first Meta shares in two years after 172% surgeMeta surged 172% this year through the end of November, outperforming all major US tech companies other than Nvidia Corp. That’s helping to...
Gautam Adani in talks to prepay share pledges to boost confidenceEmbattled billionaire Gautam Adani is in talks with creditors to prepay some loans backed by pledged shares as he seeks to restore confiden...
Adani speaks for first time since turmoil as stock rout continuesAdani said the decision to withdraw the FPO will not have any impact on the group's existing operations and future plans. "We will continue...
Gautam Adani out of world's top-10 billionaires listBloomberg Billionaires Index shows that the Ahmedabad-based Gautam Adani is now in the 11th slot with a wealth of $84.4 billion.
A $17 billion loss puts LIC IPO among top Asia wealth losersHaving plunged 29% since its May 17 debut, India’s biggest ever IPO now ranks second in terms of market capitalization loss since listing, ...
Indian exchanges delist LUNA after 100% crash in tokenLUNA has tanked to merely a few decimal cents from its peak of $118, wiping out 100 per cent wealth of the investors. Overall, the token ha...
Russia’s ultra-rich count cost of $83 billion wealth wipeoutMarket declines have been so extreme that Russia’s central bank halted local trading on Monday, meaning some of the losses are understated....
Mukesh Ambani, Gautam Adani now richer than Mark ZuckerbergFollowing the $29 billion wipeout, Zuckerberg is in the twelfth spot on Forbes' list of real-time billionaires, below Indian business mogul...
All in a day: Mark Zuckerberg loses $29 billion, Jeff Bezos set to pocket $20 billionMark Zuckerberg's one-day wealth decline is among the biggest ever and comes after Tesla Inc top boss Elon Musk's $35 billion single-day pa...