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News digest: India's richest promoters, IL&FS mess, Sensex falls, and more

Mukesh Ambani's net worth crosses Rs 3 trillion, Radhakishan Damani sees most increase in wealth

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BS Web Team New Delhi
India Inc promoters lose Rs 1.7 trillion, but a rich year for tycoons still

Year 2018 has not been great for promoters of India Inc because their combined wealth declined 6 per cent after two years of double-digit growth in net worth. Read more

Sensex slumps 689 points amid global sell-off following Fed rate hike


The domestic stock market fell sharply on Friday amid losses across global equities, after an increase in interest rates by the US Federal Reserve, despite a worsening economic outlook, hurt risk appetite. Read more

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