Ambani pips Adani to become the richest Indian, again
Mumbai (PTI): Despite a 6 per cent dent in fortune, Reliance Industries' Mukesh Ambani has reclaimed his title as the richest Indian in 2025, overthrowing rival Gautam Adani, as per a list of wealthiest in the country published on Wednesday.
The 68-year-old Ambani's fortune declined 6 per cent to Rs 9.55 lakh crore, and was far ahead of Adani's Rs 8.14 lakh crore, as per the M3M Hurun India Rich List 2025.
Adani, who had witnessed a 95 per cent jump in fortunes to Rs 11.6 lakh crore as his group's shares recouped the losses caused by shortseller Hindenburg, had displaced Ambani last year to be the richest Indian.
Roshni Nadar Malhotra of HCL broke into the top-three for the first time with a fortune of Rs 2.84 lakh crore, which gave her the number three spot.
Cyrus Poonawalla and family maintained their fourth position with wealth estimated at Rs 2.46 lakh crore, while Kumar Mangalam Birla was fifth at Rs 2.32 lakh crore.
Birla's fortune suffered a 1 per cent dent -- the least among the top-5 wealthy individuals.
The cumulative wealth of those in the list is pegged at Rs 167 lakh crore, equivalent to nearly half of India's GDP.
The list has 1,687 individuals with wealth of Rs 1,000 crore, which was up by 284 while there are 148 new entrants.
Hurun said India has created a billionaire every week for the past two years now, with those in the list adding Rs 1,991 crore in wealth every day.
Chennai-born Aravind Srinivas (31), founder of Perplexity, made his debut as a billionaire on the list with a wealth of Rs 21,190 crore and is also the youngest among 350 billionaires on the list.
Niraj Bajaj and family saw their wealth jump 43 per cent to Rs 2.33 lakh crore, climbing four spots to be the sixth richest Indian.
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IPL 2026 to be held between March 26-May 31 window
Mumbai (PTI): The upcoming edition of the Indian Premier League will be held between the March 26 to May 31 window but it remains to be seen if Bengaluru, the home of RCB, holds the opening match.
As per the norms, the M. Chinnaswamy Stadium should host the tournament opener given the home side, Royal Challengers Bengaluru won the IPL 2025 title.
While the venue has received conditional clearance from the Karnataka state government, it also needs to meet the necessary safety and security standards following the death of 11 fans in a stampede during RCB's victory celebrations in June this year.
The mini-auction for IPL 2026 will be held in Abu Dhabi today with three-time winners Kolkata Knight Riders coming in with the biggest purse.
