NEW DELHI: In a dramatic shift in the ranks of the world’s wealthiest individuals, Mukesh Ambani has surpassed Gautam Adani to reclaim the title of Asia’s richest person again. According to the Bloomberg Billionaires Index, Ambani is ranked 11th among the world’s wealthiest individuals.Adani, whose conglomerate suffered a loss of $25 billion in a single…
Adani Group Stock Prices today: On Monday, the shares of Gautam Adani‘s multi-billion dollar conglomerate experienced a significant rally, with gains reaching up to 16%. This surge followed the unanimous predictions by exit polls that Prime Minister Narendra Modi will secure a record victory in the Lok Sabha election results on Tuesday.The cumulative market capitalization…
NEW DELHI: Billionaire Gautam Adani has once again claimed the title of Asia’s richest person, overtaking Mukesh Ambani on the Bloomberg Billionaires Index. Adani’s net worth has surged to an impressive $111 billion, placing him at the top of the list of Asia’s wealthiest individuals.Adani is at the 11th place and Mukesh occupies 12th slot…
The Adani Group, led by billionaire Gautam Adani, is looking to diversify its empire by venturing into the fast-growing e-commerce and digital payments sectors in India, according to a report by the Financial Times (FT). The move comes as the conglomerate seeks to build a digital business to compete with rivals such as Tata, Google,…
Adani Group said any suggestion that one of its companies supplied inferior coal is incorrect. “Allegations (in FT report) are false and baseless,” it said. Report on supply of ‘low quality’ coal false, baseless: Adani GroupNEW DELHI: The Adani Group on Wednesday said any suggestion that one of its companies supplied inferior coal to the…
Six companies within the Adani Group have disclosed receiving show-cause notices from Securities and Exchange Board of India (Sebi), as per their recent filings with the stock exchanges. The notices were issued for suspected non-compliance with regulations related to related party transactions, listing rules, and the authenticity of auditor certificates.According to an ET report by…
Adani Enterprises (AEL), led by billionaire Gautam Adani, is aggressively expanding its data centre business through AdaniConneX, a joint venture with Sweden’s EQT-owned EdgeConneX. The company plans to invest $5 billion over the next five years, with more than half potentially being invested this year alone. Of the total investment, around a quarter will come…
