A day after the Congressman’s scathing criticism of him tied to billionaire Gautam Adani, Prime Minister Narendra Modi made multiple jabs at him in parliament today without identifying him. “Yesterday, after some people’s remarks in Lok Sabha, I was watching. The entire Continue Reading
In order to restore confidence in the conglomerate that saw its value plummet by nearly $70 billion after a small New York short seller released a damning report, billionaire Gautam Adani’s troubled group clung to a $400 million (Rs 3,260 crore) investment by Abu Dhabi’s International Holding Co. in its flagship firm’s share sale. The […]Continue Reading
According to those acquainted with the negotiations, Asia’s richest man, Gautam Adani, is considering establishing a family office abroad to manage his soaring wealth. The insiders, who asked to remain anonymous since the topic is private, said that the chairman of the ports-to-power Adani Group conglomerate is considering Dubai or New York as the basis […]Continue Reading
A tiny group of fisherman operate in the shallow coastal waters off Pooneryn in northern Sri Lanka, a destitute, lonely region not far from the southernmost tip of India. In order to build renewable energy plants there, Gautam Adani, the richest man in Asia who recently passed Jeff Bezos in wealth, would be dragged into […]Continue Reading
Gautam Adani’s wealth increased after Indian stocks gained for two weeks in a row and outpaced Wall Street shares. As a result, he now occupies the third position on Forbes’ Real-Time Billionaires List, surpassing Amazon founder Jeff Bezos once more. Gautam Adani’s wealth increased by $314 million on Monday, bringing it to $131.9 billion, making […]Continue Reading
Gautam Adani and Mukesh Ambani were tied for first place on Forbes’ Real-Time Billionaires List at the beginning of the fiscal year. With a net worth of $90.7 billion, Reliance Chairman Mukesh Ambani was marginally wealthier than Adani in March 2022. According to Forbes, Mukesh Ambani’s net worth has increased since then to $92.1 billion. […]Continue Reading
He first rose to the position of richest man in Asia. Then, his net worth eclipsed that of Bill Gates and Warren Buffett. He is now rapidly nearing a level of wealth that only Jeff Bezos and Elon Musk can match. By just about any standard, Gautam Adani’s rise has been nothing short of extraordinary. […]Continue Reading
Just a few years ago, Gautam Adani was mostly unknown outside of India. The Indian billionaire, who dropped out of college and tried his luck as a diamond trader before switching to coal, is now the third-richest person in the world. It’s the first time an Asian has entered the top three of the Bloomberg […]Continue Reading
According to a research by CreditSights, a division of Fitch Corporation, Indian billionaire Gautam Adani’s ports-to-power conglomerate is “seriously overleveraged,” with the group making aggressive investments in both new and current businesses that are primarily financed with debt. CreditSights said in the study released on Tuesday that the ambitious Continue Reading
According to official sources, the central government has provided CRPF commandos with a “Z” category VIP security cover for billionaire entrepreneur and Adani Group Chairman Gautam Adani. The all-India coverage, they claimed, will be provided on a “payment basis” and is anticipated to cost between 15-20 lakh per month. According to them, Mr. Adani, Continue Reading