Indian billionaire Mukesh Ambani has suffered a major setback as he lost over Rs 160000000000 within 24 hours.
According to Indian media outlets, the Indian capital market remained volatile throughout the trading session, leading to a decline of 2 percent in the share price of Reliance Industries, chaired by Ambani.
The fall in the share of the company resulted in a decline of over Rs 160000000000 (translating to $2 billion) in a single day.
