The Adani Group has announced plans to develop up to 10 gigawatts (GW) of nuclear power generation capacity by 2035, signaling one of the most ambitious moves yet by a private Indian conglomerate into the country’s emerging nuclear energy sector. The announcement reflects the group’s broader strategy to diversify its energy portfolio while supporting India’s...
Once again, Mukesh Ambani has held on to his position as India’s richest person—despite witnessing a dramatic decline in his net worth. According to the latest Forbes “India’s 100 Richest” list, Ambani’s fortune fell by approximately 12 percent in the past year, a drop of about USD 14.5 billion, bringing his net worth to around...
Ahmedabad: Adani Group Chairman Gautam Adani on Thursday strongly criticised the allegations made by US-based short-seller Hindenburg Research, demanding a “national apology” from those who propagated what he described as “false and baseless narratives.” His statement comes after the Securities and Exchange Board of India (SEBI) officially gave the Adani Group a clean chit in...