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Home » IT Moguls Lose Their Wealth
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IT Moguls Lose Their Wealth

News DeskBy News Desk15 June 2022No Comments1 Min Read
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Azim Premji and Shiv Nadar lose $20 billion of their personal wealth
This is due to the meltdown in IT companies around the world
Azim Premji’s wealth declined by over $12 billion
Wipro’s shares have also dipped by over a third
Shiv Nadar lost about $7 billion since the beginning of the year
HCL Technologies’ market capitalisation declined by over 21%
Other Indian tech giants TCS and Infosys have also suffered
TCS lost 10% of its value while Infosys lost 20%
Analysts predict the trend to go on in FY23

billionare business business group Business services businessman India wealth
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Rolls-Royce wants to build jet engine in India

5 August 2025

India is now the 5th biggest aviation market

5 August 2025

GRSE Becoming India’s name in Defence Shipbuilding

5 August 2025

HSL Plans Satellite Shipyard Near Emerging Andhra Ports

4 August 2025
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