In a devastating blow to India’s ultra-rich, Mukesh Ambani and Narayana Murthy collectively lost ₹1.44 lakh crore in stock value this week—a figure so large it could fund ten Mars missions, or two weddings at Antilia.
I don't think any Industrialist will loose sleep over Share market fluctuations. All this nonsense of them canceling dinner or meeting etc maybe PR or journalists jumbo.
The money they make is from the profits and their withdrawal from the firms they own. No one draws or spends money depending upon Stock market.
I don't think any Industrialist will loose sleep over Share market fluctuations. All this nonsense of them canceling dinner or meeting etc maybe PR or journalists jumbo.
The money they make is from the profits and their withdrawal from the firms they own. No one draws or spends money depending upon Stock market.
Spot-on there! All pure marketing gimmicks making the most of the situation.