The partnership marks the entry of Adani into the three-way fight for domination of India’s online shopping space. Up against the Walmart-Adani alliance is Amazon & Reliance Industries.
According to Forbes World’s Billionaires list 2021, number of Indian billionaires, at 140, is the third highest in the world behind US and China. Bezos and Musk are the richest.
After starting out as a commodities trader in the late 1980s, Adani is now richer than Jack Ma & is India’s second-wealthiest person with a net worth of $56 billion.
The net worth of Adani has jumped $16.2 billion in 2021 to $50 billion. Shares of all Adani group stocks, except one, have rallied at least 50% this year.
Total will acquire 20% of Adani Green Energy & a board seat. Adani is the latest Indian tycoon to raise money by selling a piece of his empire to an overseas partner.
Protesters have targeted the two tycoons amid the Centre-farmers dispute that has revived debate on what Modi’s critics call a cozy nexus between corporates and the govt.
Gautam Adani's business acumen & ability to overcome obstacles have propelled him to ranks of India’s richest. This year his net worth grew more than Ambani's.
Adani Ports and Special Economic Zone and a local partner received an in-principle approval to sign a deal with Sri Lanka Ports Authority, which will hold majority stake in the project.
The net worth of RIL chairman rose up to 73% last year to $88.7 billion. Gautam Adani took the second spot on the list with a net worth of $25.2 billion.
The IndiGo crisis is nothing short of a threat to India’s stability. Could it be an experiment? Can this happen in any other crucial sector like power or railways?
RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
Yes, Irony
Good give all money to few industrialists. Let poor people die on streets . Long live socialist india