Business Standard

Grab some popcorn: Mukesh Ambani vs Gautam Adani rivalry is getting intense

Their balance sheets and visions are different but a confrontation between the billionaires looks almost guaranteed.

Gautam Adani. Photo: Bloomberg

Gautam Adani. Photo: Bloomberg

Andy Mukherjee | Bloomberg
Mukesh Ambani and Gautam Adani tiptoed around each other for years to reach the top two rungs of Asia’s wealth ladder. While one of them built an empire in telecom and retail, the other established a lock on transport and energy distribution. Increasingly, though, the two billionaires from India’s Gujarat state are starting to overlap, setting the stage for a clash that could alter the country’s business landscape. Given the duo’s proximity to politics, the shock is bound to reverberate through the corridors of power as well.

In the latest sign of their coalescing orbits, the Adani Group has discussed the

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First Published: Mar 23 2022 | 6:24 AM IST

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