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Byju Raveendran: Byju Raveendran's net worth plummets to zero, as per Forbes Billionaire Index 2024; Here're others who fell off the list

Forbes Billionaire Index 2024 highlights a drastic decline in Byju Raveendran s net worth, plummeting from ₹17,545 crore ($2.1 billion) to zero. This sharp downfall follows crises within his startup, Byju s, once valued at $22 billion. The company s financial woes, including a staggering net loss exceeding $1 billion, led to a significant devaluation, with BlackRock marking its worth at just $1 billion. Shareholders recently voted to remove Raveendran as CEO amidst ongoing challenges. ....

Hong Kong , United States , Laurent Junique , Pyotr Kondrashev , Tang Binsen , Ryan Breslow , Hui Ka Yan , Byju Raveendran , Gary Lauder , Rene Benko , Gordon Moore , Wang Wenyin , Osman Kibar , Yang Jianliang , Silvio Berlusconi , Jiang Long Of Goertek Inc , Amer Holding , Foreign Exchange Management , Evergrande Group , Amer International Group , Signa Holding , Forbes Billionaire Index , Enforcement Directorate , Foreign Exchange Management Act , Chi Forest , Shangji Automation ,

JA Solar invests RMB6.02 billion to expand production capacity in China

JA Solar has announced a plan to construct a project in the Ordos High-Tech Zone, with an annual production capacity of 30GW ingots, 10GW silicon wafers, and 10GW modules. The total investment amounted to about RMB6.02 billion (US$870.1 million).  ....

China Yangtze Power New Energy , Ordos High Tech Zone , Ordos City , Inner Mongolia , Yangtze Power New Energy , Jinko Solar , Trina Solar , Shangji Automation , Hoshine Silicon ,

China's Shangji Gains as Xinchao, Canadian Solar Place Orders for USD2 Billion of PV Wafers

China's Shangji Gains as Xinchao, Canadian Solar Place Orders for USD2 Billion of PV Wafers
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Inner Mongolia Autonomous Region , Nei Mongol , Kim Taylor , Jiangsu Xinchao , Jiangsu Xinchao Photovoltaic Energy Development , Yicai Global , Wuxi Shangji Automation , Canadian Solar , Ontario Based Canadian Solar , Supply Deal , Solar Wafer , Monocrystalline Silicon , Solar Cell , Shangji Automation ,

Shangji Automation secures US$856 million wafer supply deal

Solar wafer manufacturer Shangji Automation has signed a wafer supply deal worth RMB5.91 billion (US$856 million). ....

Drinda New Energy , Shangji Automation , Inner Mongolia , Infolink Consulting ,