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Indian billionaire Gautam Adani speaks during an interview, (REUTERS)

Adani becomes 3rd Indian group to cross $100 billion in market capitalisation

PTI | , Mumbai
PUBLISHED ON APR 06, 2021 08:27 PM IST
Gautam Adani has over two decades built an empire that now spans from mines, ports and power plants to airports, data centre, city gas and defence.
Adani Ports and SEZ Ltd in 2020 won a bid to build and operate Yangon International Terminal.(Reuters)
Adani Ports and SEZ Ltd in 2020 won a bid to build and operate Yangon International Terminal.(Reuters)

India's Adani Group to consult on Myanmar project after report on military links

Reuters | | Posted by Kunal Gaurav, Chennai
PUBLISHED ON MAR 31, 2021 07:35 PM IST
Adani's port projects in Australia and India's southern Tamil Nadu state have also been criticised by activist groups, politicians and locals over environmental concerns.
Once the latest acquisition receives regulatory approvals, Adani Ports will end up owning a 89.6% stake in the port located in the northern part of Andhra Pradesh next to Vizag Port.(Reuters)
Once the latest acquisition receives regulatory approvals, Adani Ports will end up owning a 89.6% stake in the port located in the northern part of Andhra Pradesh next to Vizag Port.(Reuters)

Adani acquires key stake in Gangavaram Port for 3,604 crore

By Swaraj Singh Dhanjal , Mumbai
PUBLISHED ON MAR 24, 2021 05:34 AM IST
Earlier this month, Adani Ports had announced the acquisition of Warburg Pincus’s 31.5% stake in Gangavaram.
An Adani Wilmar edible oil plant in Neemuch, Madhya Pradesh. The company has the largest range of edible oils comprising soya bean, sunflower, mustard and rice bran, among others.
An Adani Wilmar edible oil plant in Neemuch, Madhya Pradesh. The company has the largest range of edible oils comprising soya bean, sunflower, mustard and rice bran, among others.

Adani Wilmar hires i-banks to prepare for 5,000-cr IPO

By Swaraj Singh Dhanjal , Kalpana Pathak, Mumbai
PUBLISHED ON MAR 19, 2021 06:12 AM IST
  • A growing number of companies are trying to go public, capitalising on the buoyant investor sentiment that has led to record subscriptions of initial share sales.
The overseas project is part of tycoon Adani’s rapidly diversifying empire as he adds assets from ports to airports, coal mines and data centers, underscoring the rising heft of this first-generation entrepreneur.(MINT File photo)
The overseas project is part of tycoon Adani’s rapidly diversifying empire as he adds assets from ports to airports, coal mines and data centers, underscoring the rising heft of this first-generation entrepreneur.(MINT File photo)

Adani to work with John Keells Holdings to develop port terminal in Sri Lanka

Bloomberg |
PUBLISHED ON MAR 16, 2021 02:01 PM IST
India’s biggest private port operator got a letter of intent from Sri Lankan authorities to build and operate the West Container Terminal of Colombo Port for 35 years, Adani Ports said in an exchange filing Monday.
TThe internet entrepreneur Mark Zuckerberg is the fifth richest person in the world with a net worth of $102 billion.(REUTERS)
TThe internet entrepreneur Mark Zuckerberg is the fifth richest person in the world with a net worth of $102 billion.(REUTERS)

Ranking billionaires: As Adani beat Bezos, Musk here’s a look at 5 others

By hindustantimes.com | Edited by Ayshee Bhaduri, Hindustan Times, New Delhi
PUBLISHED ON MAR 13, 2021 04:09 PM IST
  • The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. It tracks the 500 richest people in the world regularly.
The surge in wealth dwarfs the $8.1 billion added by Adani’s compatriot and the richest person in Asia, Mukesh Ambani.(Reuters)
The surge in wealth dwarfs the $8.1 billion added by Adani’s compatriot and the richest person in Asia, Mukesh Ambani.(Reuters)

Indian tycoon Adani beats Elon Musk, Jeff Bezos with biggest wealth surge

Bloomberg |
PUBLISHED ON MAR 12, 2021 02:28 PM IST
Adani has been rapidly expanding his conglomerate, adding ports, airports, data centers and coal mines in India, while doggedly proceeding with his controversial Carmichael coal project in Australia.
Mukesh Ambani's wealth up 24 per cent to 83 billion dollars on the back of a surge in value of energy and telecom giant Reliance.(Reuters)
Mukesh Ambani's wealth up 24 per cent to 83 billion dollars on the back of a surge in value of energy and telecom giant Reliance.(Reuters)

With 209 billionaires, India ranks third in 10th Hurun Global Rich List 2021

ANI | , Mumbai, Maharashtra
PUBLISHED ON MAR 02, 2021 03:09 PM IST
"Asia has, for the first time in perhaps hundreds of years, more billionaires than the rest of the world combined. Wealth creation is moving to Asia," said Hurun Report chairman and chief researcher Rupert Hoogewerf.
The Adani group clinched the six airports — Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru — in a global competitive bid by offering the highest revenue share to the government.(MINT_PRINT)
The Adani group clinched the six airports — Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru — in a global competitive bid by offering the highest revenue share to the government.(MINT_PRINT)

Panel ignored advice on bidder: Officials

By HT Correspondent, New Delhi
UPDATED ON JAN 16, 2021 04:26 AM IST
The Union cabinet chaired by Prime Minister Narendra Modi on November 8, 2018 gave “in-principle” approval for leasing out six airports of the state-run Airports Authority of India through the public private partnership appraisal committee.
With a fortune valued at $32.4 billion, Adani is India’s wealthiest person after Mukesh Ambani, who has dominated news headlines for partnering with some of the major names of Silicon Valley.(Reuters file photo)
With a fortune valued at $32.4 billion, Adani is India’s wealthiest person after Mukesh Ambani, who has dominated news headlines for partnering with some of the major names of Silicon Valley.(Reuters file photo)

Gautam Adani: Billionaire survivor of ransom, terror attacks, now rivals Ambani

By Bloomberg
UPDATED ON DEC 14, 2020 01:07 PM IST
While the coronavirus outbreak sank the nation into an unprecedented recession this year, Adani’s group has kept growing. His conglomerate secured global partners, investments and pushed into new sectors.
Farmer leader Sardar VM Singh along with Yogendra Yadav, founding member of Swaraj Abhiyan and Jai Kisan Andolan during a press conference on new farm bills 2020, at Press Club in New Delhi.(Raj K Raj/HT FILE PHOTO)
Farmer leader Sardar VM Singh along with Yogendra Yadav, founding member of Swaraj Abhiyan and Jai Kisan Andolan during a press conference on new farm bills 2020, at Press Club in New Delhi.(Raj K Raj/HT FILE PHOTO)

Key farmer leader favours talks, says ‘goalposts shifted’

Hindustan Times, New Delhi | By Zia Haq
UPDATED ON DEC 14, 2020 04:34 AM IST
Yogendra Yadav, a member of the AIKSCC, said the organisation did not agree with Sardar VM Singh as other leaders too dissociated themselves from him.
Last month, the Adani group said it will take control of India’s second-busiest airport of Mumbai.
Last month, the Adani group said it will take control of India’s second-busiest airport of Mumbai.

Adani may get Essel’s transmission project

Livemint | By Swaraj Singh Dhanjal
UPDATED ON OCT 21, 2020 06:14 AM IST
The 4,000-crore project involves laying about 941km of transmission lines across Maharashtra, Telangana and Andhra Pradesh, and building a sub-station at Warangal
Kerala CM Pinarayi Vijayan(PTI File Photo)
Kerala CM Pinarayi Vijayan(PTI File Photo)

Kerala govt to fight privatisation move

Hindustan Times, Thiruvananthapuram | By Ramesh Babu
UPDATED ON AUG 21, 2020 02:30 AM IST
Kerala chief minister Pinarayi Vijayan also wrote a letter to Prime Minister Narendra Modi deploring the move on Wednesday, announced soon after a Union cabinet meeting in New Delhi that approved a proposal to lease out three airports run by the Airports Authority of India, in Jaipur, Guwahati and Thiruvananthapuram ,on a public- private partnership model.
In 2019, Adani group companies issued five dollar bond offerings, including two bonds by the ports operator, totalling about $2.76 billion.(File Photo)
In 2019, Adani group companies issued five dollar bond offerings, including two bonds by the ports operator, totalling about $2.76 billion.(File Photo)

Adani Ports eyes $1.25 billion fundraise via dollar bonds

Livemint, Mumbai | By Swaraj Singh Dhanjal
PUBLISHED ON JUL 06, 2020 07:35 AM IST
In June 2019, Adani Ports had raised $750 million through a bond sale, and followed it up with a $650-million buy back offer for bonds maturing in 2020 in the following month.
Reliance Industries chairman Mukesh Ambani maintained his numero uno spot on Forbes list with $51.4 billion.(Pradeep Gaur/Mint)
Reliance Industries chairman Mukesh Ambani maintained his numero uno spot on Forbes list with $51.4 billion.(Pradeep Gaur/Mint)

Mukesh Ambani retains top position, Adani jumps 8 spots to become second richest on Forbes list

New Delhi | By Indo Asian News Service
UPDATED ON OCT 12, 2019 07:34 AM IST
Prime Minister Narendra Modi, in his Independence Day speech, had said that the country’s wealth creators help in reducing poverty and deserve respect and encouragement.
Sidharath Kapur
Sidharath Kapur

Sidharath Kapur to exit Adani’s airports business

Mumbai | By Tanya Thomas
UPDATED ON AUG 22, 2019 10:23 PM IST
Kapur is credited with taking GMR’s ambitions in the airport business overseas, with successful bids in the Maldives, Crete and the Philippines, and raising debt of over Rs 20,000 crore as part of the expansion plan.
Chairperson of the Adani Group Gautam Adani said the group will invest Rs 5,500 crore in UP over the next 5 years.(ABHIJIT BHATLEKAR/MINT)
Chairperson of the Adani Group Gautam Adani said the group will invest Rs 5,500 crore in UP over the next 5 years.(ABHIJIT BHATLEKAR/MINT)

Adani plans to invest Rs 5,500 crore in UP over 5 years

Lucknow | By Press Trust of India
UPDATED ON JUL 28, 2019 07:39 PM IST
“In the next five years, the group is planning to invest Rs 5,000 crore in power transmission and another Rs 500 crore in food processing sector,” Adani Group chairperson Gautam Adani said.
Chief minister Yogi Adityanath hosted dinner for prominent industrialists, including Medanta chairman, Dr Naresh Trehan, HCL chairman Shiv Nadar, Lulu group chairman Yusuff Ali MA and others on Saturday night.(HT Photo)
Chief minister Yogi Adityanath hosted dinner for prominent industrialists, including Medanta chairman, Dr Naresh Trehan, HCL chairman Shiv Nadar, Lulu group chairman Yusuff Ali MA and others on Saturday night.(HT Photo)

Amit Shah to lay foundation of projects worth Rs 65,000 cr

Hindustan Times, Lucknow | By Pawan Dixit
UPDATED ON JUL 28, 2019 12:55 AM IST
Uttar Pradesh governor Ram Naik, chief minister Yogi Adityanath and other ministers in the state government will be present. Besides, several prominent industrialists of the country will also be attending the event.
Gautam Adani(Mint Photo)
Gautam Adani(Mint Photo)

Coal billionaire Gautam Adani woos Amazon and Google with Indian data hubs

Bloomberg | By Anurag Kotoky
UPDATED ON JUL 12, 2019 02:26 PM IST
Gautam Adani, the Indian businessman is setting his sights on what he believes could become another big money maker: Selling data storage services to companies such as Amazon.com Inc. and Alphabet Inc.’s Google.
Prime Minister Narendra Modi during a programme to mark completion of three years of Smart City Mission, AMRUT and Pradhan Mantri Avas Yojna, at Indira Gandhi Pratishthan, in Lucknow on July 28.(Subhankar Chakraborty/HT Photo)
Prime Minister Narendra Modi during a programme to mark completion of three years of Smart City Mission, AMRUT and Pradhan Mantri Avas Yojna, at Indira Gandhi Pratishthan, in Lucknow on July 28.(Subhankar Chakraborty/HT Photo)

PM Modi launches investment projects worth Rs 60,000 crore in Uttar Pradesh

Press Trust of India, Lucknow | By Press Trust of India, Lucknow
UPDATED ON JUL 29, 2018 02:12 PM IST
The projects are expected to give a big boost to industrialisation in the state.
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