Speaking at Forbes Global CEO Conference in Singapore, Adani said the group intends to do more as a solar player & has earmarked 70% of the investment for the energy transition space.
The Adani Group has 7 publicly listed entities, including in defence. The group is now India's third largest conglomerate after Reliance Industries and the Tata Group.
Ambani is aiming for consumers while Adani is sticking mostly to infrastructure, which helps India generate fiscal resources by monetising public assets and also as a foreign-policy tool.
Adani’s conglomerate is expanding a controversial mine in Australia to meet demand. While Ambani is snapping up distressed crude-oil cargoes at discounts to feed Reliance's refining complex.
Holcim’s sale of its Indian business is expected to close in second half of 2022. Adani Group beat other firms, including JSW Group, to become India's 2nd biggest cement manufacturer.
Scaling up the media business will give Adani a meaningful presence in an industry where Mukesh Ambani has already made his mark through his Network18 Media & Investments Ltd.
Without my phone, I wasn't thinking about capturing some beautiful textiles for my ‘inspiration gallery’. I was fully present, taking in the colours and patterns on display.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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