Gautam Adani is now world's fifth richest person
Business | April 26, 2022 17:44 ISTAdani's net worth surged to USD 123.7 billion as of Friday's market close while Warren Buffett's (91) net worth stood at USD 121.7 billion.
Adani's net worth surged to USD 123.7 billion as of Friday's market close while Warren Buffett's (91) net worth stood at USD 121.7 billion.
Gautam Adani said if the economy grows as planned, the stock markets will add about $40 trillion in market capitalization which translates to an addition of $4 billion every day until 2050.
During the Bengal Global Business Summit 2022 (BGBS), Adani said the group’s investments will span world-class port infrastructure, modern data centres and undersea cables that will connect them across the oceans.
The charging station is located at ATGL's CNG station at Maninagar in Ahmedabad, the company said in a statement. The electric vehicle (EV) charging station "will enable quick turnaround time for EV owners with best-in-class fast charging technology and convenient use digital platforms," the statement said.
Mukesh Ambani, who runs the oil-to-retail conglomerate Reliance Industries, continues to be the richest Indian with a wealth of USD 103 billion, a 24 per cent rise year-on-year.
Adani Group founder and chairman Gautam Adani during meeting with West Bengal Chief Minister Mamata Banerjee discussed different investment scenarios and the tremendous potential in the state.
The Lokpriya Gopinath Bordoloi International Airport in Guwahati was handed over to the Adani Group for operations, management and development responsibilities on Friday.
Gautam Adani said that the company will triple its renewable power generation capacity over the next four years.
The original name boards, prior to the Adani group taking over the handling of operations of the airport, have now been restored, social activist Dilraj Alva said.
The Adani Group on Monday began its "Observation Period" at the Lokpriya Gopinath Bordoloi International airport in Guwahati as part of its mandate to develop and modernise northeast India's main airport.
Adani Wilmar has filed draft papers with Sebi to launch its IPO to raise up to Rs 4,500 crore.
Edible oil major Adani Wilmar Ltd (AWL) on Monday filed the draft red herring prospectus with markets regulator Sebi for an initial public offer to raise up to Rs 4,500 crore.
The state cabinet presided over by CM Uddhav Thackeray gave its green signal to AAHL as the new concessionaire to the prestigious greenfield airport coming up as a public-private partnership (PPP) project.
Suffering a rout in the stock markets this week, Adani Group Chairman Gautam Adani has lost the coveted tag of being Asia's second richest billionaire.
The Adani Group is planning to hive off its airport business from the holding company Adani Enterprises.
Amazon's Jeff Bezos and Tesla's Elon Musk may have indulged in a see-saw game over the past year to clinch the world's richest person title but none of them added as much as billions to their wealth then Indian businessman Gautam Adani.
The Adani Group on Tuesday signed concession agreements with the Airports Authority of India for the management, operations and development of Guwahati, Jaipur and Thiruvananthapuram airports.
Visuals of an Adani Wilmar branding on an Indian Railways rolling stock took over social media on Wednesday, with many floating theories on the privatization of the national carrier. Sharing the video on Facebook, Congress leader Priyanka Gandhi Vadra alleged that "a large portion of railways will go to Prime Minister Narendra Modi's billionaire friends".
The Adani group on Thursday informed that it would be taking over the operations, management and development of the airports at Mangaluru, Lucknow and Ahmedabad from the AAI by October 31, November 2 and November 11.
The Kerala High Court on Monday dismissed petitions filed by Kerala government and others challenging the Centre's decision to lease Thiruvananthapuram international airport to Adani Enterprises.
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