Page 35 - Adani News Today

With a net worth of Rs 612859 crore, Gautam Adani is just behind Mukesh Ambani who has a net worth of Rs 797962 crore.

The value of India investments across six of GQG’s funds jumped to $9.9 billion compared with $4.4 billion a year earlier, according to data compiled by Bloomberg from latest regulatory filings and information on the Florida-based investor’s website.

After an all-time stock market high, businessman Gautam Adani revealed his plans of ₹7 lakh crore investment across several sectors to boost the economy.

The rebound suggests the conglomerate, once termed “deeply overleveraged” by research firm CreditSights, is finding favor with investors again. The group, whose operations range from cement to airports and coal mining, has yet to tap overseas bond markets since the January publication, which came at a time when rapidly rising US interest rates curbed offshore issuance by Asian companies.

India Business News: A rally over the last week was powerful enough to erase some losses on a series of dollar bonds tied to the conglomerate of billionaire Gautam Adani, .

While flagship Adani Enterprises Ltd incubates and develops new businesses spanning mining, airports, defence and aerospace, solar manufacturing, roads, metro and rail, data centres and resource management, its ports business is on a greening drive.

The India Fix: A newsletter on Indian politics from Scroll.in.

EV Charging: Adani Total Gas Ltd aims to install 75,000 electric vehicle (EV) charging stations by 2030, focusing on CNG and PNG, compressed biogas, and e-mobility. The company has also switched from diesel to CNG and planted 220,000 trees through its Greenmosphere initiative, reducing CO2 emissions.

The Dharavi Slum Redevelopment project involves rebuilding the Dharavi slum sprawl in central Mumbai, located near the BKC business district.

LIC on Thursday reclaimed market capitalization of Rs 5 lakh crore-mark after the shares of the company hit a 52-week high on the bourses.