News headlines


Rediff

In hot pursuit of elder brother Mukesh Ambani in the wealth race, Anil Ambani has entered the exclusive trillionaire club with personal riches of over Rs 1,00,000 crore (Rs 1000 billion) in terms of his share holding in various group companies.

As per closing share prices on Friday at the Bombay Stock Exchange, Anil Ambani's stockholding's value has risen to Rs 1,00,334 crore (Rs 1003.34 billion) while market capitalisation of his group has soared to Rs 1,62,930 crore (Rs 1629.3 billion).

While the wealth of Mukesh Ambani is upwards of Rs 1,15,000 crore (Rs 1150 billion), share prices of Anil Ambani group firms - Reliance Communication and Reliance Capital [Get Quote] - touched an all time high of Rs 551 crore (Rs 5.51 billion) and Rs 1,149 crore (Rs 11.49 billion) respectively, resulting in the increase in his wealth.

Market capitalisation of flagship Reliance Communication was placed at Rs 112,657 crore (Rs 1126.57 billion), of which promoters holding is 67 per cent giving Anil Ambani a wealth of Rs 74,354 crore (Rs 743.54 billion).

Likewise, Reliance Capital market capitalisation was Rs 28,219 crore (Rs 282.19 billion) of which Anil Ambani's share was 53 per cent at a value of about Rs 15,000 crore (Rs 150 billion).

  

Top Stories


Leave a Comment

Title: News headlines



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.