Mukesh Ambani retains top spot on Forbes India's rich list with $108 billion net worth
Mumbai: Mukesh Ambani, chairman and managing director of Reliance Industries Limited (RIL), has retained the top position on Forbes’ 2024 list of the 100 richest Indian tycoons. According to Forbes, Mukesh Ambani was the second-biggest gainer in dollar terms, with wealth rising $27.5 billion in the past one year to $119.5 billion.
This comes as the RIL chief announced bonus shares as Diwali gift for Reliance investors. Ambani’s current net worth stands at $108.3 billion, making him the 13th richest person in the world.
The magazine’s report mentioned that the combined wealth of the top 100 individuals on Forbes rich list for 2024 reached a historic milestone of $1.1 trillion, reflecting a 40 percent increase from $799 billion in 2023.
The report highlighted that strong stock market, IPOs and mutual funds has resulted in the rich getting richer in India. The BSE Sensex has gained 30 percent since last year, Forbes said, adding, “As a result, more than 80 percent of those on the list are wealthier, with 58 adding $1 billion or more to their respective net worths.”
Gautam Adani, chairman of the Adani Group, secured the second position on the Forbes list with a combined family wealth of $116 billion. Savitri Jindal, matriarch of the steel-to-power conglomerate O.P. Jindal Group, moved up to third place for the first time, with a net worth of $43.7 billion, an increase of $19.7 billion from the previous year. She remains the richest woman in India.
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Dense fog disrupts operations at Delhi airport; 228 flights cancelled, 5 diverted
New Delhi (PTI): Dense fog disrupted flight operations at Delhi Airport on Monday, with various airlines cancelling 228 flights and diverting five to nearby airports due to low visibility, an official said.
However, except for Air India, which had in an X post in the morning announced the cancellation of some 40 flights, no other airlines, including crisis-hit IndiGo, shared the numbers of their cancelled or delayed flights.
"As many as 228 flights -- 131 departures and 97 arrivals-- have been cancelled due to low visibility, so far," the airport official said.
In addition to this, five flights have been diverted so far, he said.
Earlier, the Delhi International Airport Ltd (DIAL), in a statement, said, "Our on-ground officials are working closely with all stakeholders to assist passengers and provide necessary support across Terminals.
"Low visibility (below minima), due to dense fog, has severely impacted operations at Delhi and other airports across northern India, which is unfortunately beyond our control," IndiGo said in a statement.
As operations are adjusted to prevailing weather conditions, some flights may experience delays, while a few others may be proactively cancelled during the day to prioritise safety and minimise extended waiting at the airport, the airline said in a statement.
IndiGo, however, did not say how many of its flights were cancelled or delayed.
The airline said its teams are "closely monitoring" the situation and coordinating with Delhi airport.
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IndiGo also said it issued advisories to its customers and "proactively" informing them, to minimise inconvenience.
“Poor visibility due to dense fog in Delhi this morning has impacted flight operations for all airlines. We are closely monitoring conditions and will resume operations as soon as it is safe to do so,” Air India said in a post on X in the morning.
It also said that some flights have been cancelled In the interest of safety, and to avoid prolonged uncertainty for the guests, while listing out some 40 arrivals and departures that it had cancelled for the day.
Delhi airport is the country's busiest, handling around 1,300 flight movements daily.
