Billionaire Adani may win three more slots on MSCI India Index
Bloomberg
April 15 |
Updated on
April 15, 2021
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Adani has added $20.2 billion to his net worth this year, the second-biggest increase among the world’s billionaires Billionaire Gautam Adani is likely to see three more companies from his coal mining-to-data centers conglomerate join the MSCI India Index after shares in each one of them more than doubled this year, according to analysts.
The group’s flagship Adani Enterprises Ltd., gas supplier Adani Total Gas Ltd and power distributor Adani Transmission Ltd may get included in MSCI Inc.’s country benchmark after the index provider’s semi-annual review of its gauges in May, according to broker Edelweiss Financial Services Ltd and independent research provider Smartkarma. Adani Green Energy Ltd and Adani Ports & Special Economic Zone Ltd are already there.
India Business News: Flipkart Online Services Pvt signed a pact with tycoon Gautam Adani’s conglomerate to help set up one of India’s largest logistics hubs and a data cen
Walmart Inc.'s e-commerce unit signed a pact with tycoon Gautam Adani to build one of the largest retail warehouses in India, as the U.S. giant gears up to battle Amazon.com Inc. and homegrown rivals in thenation.
Walmart plans massive India warehouse with billionaire Adani bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Confederation of All India Traders (CAIT) General Secretary Praveen Khandelwal, in a counter to Gautam Adani, has disapproved of the Adani Group joining hands with Flipkart, "killers of small businesses".Replying to Adani, Chairman, .