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Ratan Tata Death Live Updates: रतन टाटा ने ली दुनिया से विदाई, 3:30 पर निकलेगी अंतिम यात्रा
असिस्टेंट से Tata Group के अध्यक्ष तक...कैसा रहा रतन टाटा का करियर, 5 पॉइंट में पढ़ें पूरी कहानी
Ratan Tata की ये 5 बातें बदल देंगी आपकी जिंदगी, हर वक्त करेंगी प्रेरित
भारत ने खोया अपना रतन, जानें कैसे TATA को बनाया इंटरनेशनल ब्रांड
Ratan Tata का निधन, अब उनके बाद कौन संभालेगा Tata Group की 100 कंपनियां
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This company overtakes Ratan Tata's firm to become India’s…; it is owned by…
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This is world's most charitable woman, who donated Rs 32400000, not Francoise Bettencourt Meyers, Nita Ambani, she is...
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BUSINESS
Meet man with Rs 196569 crore net worth, who earned over Rs 40000000 in one go, he's called India's...
He is among the richest businessmen in India. He got into retailing in 2002 with one store in suburban Mumbai.
Updated : Sep 19, 2024, 09:32 PM IST
 "Meet man with Rs 196569 crore net worth, who earned over Rs 40000000 in one go, he's called India's...")
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Ratan Tata death: Did Tata Group chairman emeritus have kids? Check here
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Ratan Tata Death: What happened to Him?
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Anil Ambani's Reliance Communication has huge total debt of Rs 404130000000 but there's a catch
Apart from running their businesses, many Indian businessmen invest in other companies to grow their wealth. They sold stakes in such companies, making a huge profit. One such person, who is called India's retail king, has earned Rs 4.39 crore in one go after selling his stake in VST Industries. His name is Radhakishan Damani, founder and promoter of DMart.
The 69-year-old billionaire has offloaded 1 lakh shares or 0.65 per cent stake in tobacco firm VST Industries. The shares were disposed of at an average price of Rs 439.05 apiece, taking the deal value to Rs 4.39 crore. He sold shares to investors including Reliance Mutual Fund through an open market transaction.
After the share sale, Damani's holding in VST Industries has come down to 2.82 per cent from 3.47 per cent. Damani is among the richest businessmen in India with a real-time net worth of USD 23.5 billion or Rs 196569 crore, as per Forbes. He also holds a stake in cement producer India Cements. He became India's retail king after the March 2017 IPO of his supermarket chain Avenue Supermarts.
The man got into retailing in 2002 with one store in suburban Mumbai and has grown into a chain selling everything from grocery to apparel to footwear. His property portfolio includes the 156-room Radisson Blu Resort in Alibag, close to Mumbai. He was a mentor to the late billionaire investor Rakesh Jhunjhunwala.
READ | Ratan Tata's Rs 1573000 crore company inks pact with global fast-food chain to...
