Gautam Adani
Billionaire Gautam Adani is likely to see three more companies from his coal mining-to-data centres 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, gas supplier Adani Total Gas and power distributor Adani Transmission may get included in MSCI s country benchmark after the index provider’s semi-annual review of its gauges in May, according to broker Edelweiss Financial Services and independent research provider Smartkarma. Adani Green Energy and Adani Ports & Special Economic Zone are already there.
The potential inclusions are seen further boosting wealth for Mr Adani, who has added $20.2 billion to his net worth this year, the second-biggest increase among the world’s billionaires.
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