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Ambani loses $7 bn as Reliance Industries shares fall most in 7 months
short by Pragya Swastik / on Monday, 2 November, 2020
Reliance Industries Chairman Mukesh Ambani lost $7 billion from his net worth after Reliance Industries (RIL) shares closed 8.6% lower on Monday, witnessing the worst fall in over seven months. The drop came after RIL reported a 15% drop in Q2 net profit to ₹9,567 crore. Ambani's net worth is now $71 billion, according to Bloomberg Billionaires Index.
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