IIPM Ranked No. 1 B-School In Global Exposre - Zee...
Ma! I lost my billion dollar smile
This billionaire community is also the one which has suffered the maximum individual wealth loss; and not surprisingly the biggest of them includes names from the promoter community as Prof. Garland Durham, Asst. Professor of Finance, University of Kentucky confirms, “If you talk about largest individual shareholders who lose wealth when the market falls, it is usually the promoters; who own the largest blocks of equity…” Heading the list is of course the richest residential Indian – Mukesh Ambani, who is renowned for more than just his $2 billion new home. As per market reports, between January 8, 2008 and October 24, 2008, Mukesh lost a brain-tingling Rs.2,054 billion to see his total worth touch a lowly Rs.684.8 billion. What’s obvious here is the fact that it’s the stock market which deserves blame for Mukesh’s plight. B&E analysis proves that for a 66.9% movement in RIL’s adjusted stock price, Mukesh lost an almost equivalent 66.7% of his personal wealth (due to his stock ownership)! Going by the same statistical logic, the senior Ambani would be worth just Rs.825.95 billion today – a fall of almost 60% from the value he commanded during January 2008!
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
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IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
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Ma! I lost my billion dollar smile
This billionaire community is also the one which has suffered the maximum individual wealth loss; and not surprisingly the biggest of them includes names from the promoter community as Prof. Garland Durham, Asst. Professor of Finance, University of Kentucky confirms, “If you talk about largest individual shareholders who lose wealth when the market falls, it is usually the promoters; who own the largest blocks of equity…” Heading the list is of course the richest residential Indian – Mukesh Ambani, who is renowned for more than just his $2 billion new home. As per market reports, between January 8, 2008 and October 24, 2008, Mukesh lost a brain-tingling Rs.2,054 billion to see his total worth touch a lowly Rs.684.8 billion. What’s obvious here is the fact that it’s the stock market which deserves blame for Mukesh’s plight. B&E analysis proves that for a 66.9% movement in RIL’s adjusted stock price, Mukesh lost an almost equivalent 66.7% of his personal wealth (due to his stock ownership)! Going by the same statistical logic, the senior Ambani would be worth just Rs.825.95 billion today – a fall of almost 60% from the value he commanded during January 2008!
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
