According to Bloomberg Billionaires Index, Adani's fortune stood at USD 89.1 billion on Thursday, just USD 0.6 billion shy of Ambani's USD 89.7 billion.
The counter, which had a deserted look for the past two trading sessions zoomed 9.90 per cent to close at Rs 1,494.95 on BSE.
Market cap of the firm has now fallen below Rs 85,000 crore as against the m-cap of Rs 1.39 lakh crore before the stock hit the exchanges.
This flop show by Paytm comes after its IPO, India's biggest at Rs 18,300 crore, struggled to get fully subscribed, raising concerns that investors are not buying the huge valuation it is seeking.
Gaurav Garg, Head of Research, Capitalvia Global Research, said that Paytm's GMP has reduced consistently from Rs 130 to Rs 30 yesterday and today it is at around Rs -30.
Last weekend, Musk said he would sell 10% of his holdings in the company, worth more than $20 billion, based on the results of a poll he conducted on Twitter.
Shares of Indusind Bank on Monday tumbled nearly 11 per cent after the lender said it disbursed 84,000 loans without customer consent in May owing to a 'technical glitch'.
Axis Bank, the third-largest private sector lender, Tuesday reported a net profit of Rs 3,133.32 crore for the July-September period on a standalone basis, which is its highest-ever for any quarter.
Biotechnology major Biocon on Friday said its consolidated net profit declined 18 per cent to Rs 138 crore for the second quarter.
It should also be noted that if you have invested in foreign stocks, you will have to mandatorily file a tax return in India.
The firm raised its forecast for annual revenue growth to 16.5 per cent to 17.5 per cent in fiscal 2022, from 14-16 per cent growth predicted in July.
Consolidated revenue from operations of Mindtree increased by 34.27 per cent to Rs 2,586.2 crore during the reported quarter from Rs 1,926 crore in the corresponding quarter of 2020-21.
Wipro said that it has surpassed USD 10 billion (around Rs 75,300 crore) annualised revenue run rate and is in position to hire 25,000 people in the next financial year.
The ED has learnt that Karvy CMD C Parthasarathy is trying to offload his shares in the group companies through private deals to other sources.
The Vedanta share is extremely liquid on Indian bourses with high daily volumes and provides both efficient price discovery and ample buy-sell opportunity to investors, including global ones, it said.