Page 51 - Gautam Adani

What explains Gautam Adani's meteoric rise?

Coal mining tycoon Gautam Adani became Asia's richest man for a short while, surpassing RIL Chairman Mukesh Ambani. What is behind Adani's success? Take a peek into his growth path

TMS Ep105: Coal crisis, Gautam Adani, RBI's policy decision, UPI Lite

Another coal shortage crisis looming over India? What explains Gautam Adani's meteoric rise? Will bond yield volatility affect RBI's policy decision? What is UPI Lite? Find all answers here

Mukesh Ambani leads, but Gautam Adani runs him close on the rich list

Mukesh Ambani's family net worth was estimated to be $108 billion on Tuesday against Gautam Adani net worth of $92 billion

Top headlines: Adani becomes Asia's richest person; PM Modi attacks rivals

Coal mogul's net worth reached $88.5 billion on Monday, according to the Bloomberg Billionaires Index, eclipsing Mukesh Ambani's $87.9 billion.

Coal magnate Gautam Adani surpasses Mukesh Ambani as Asia's richest person

Some of Adani Group's listed stocks have soared more than 600% in the past two years on bets his push into green energy and infrastructure will pay off.

Adani Transmission net profit dips 40% to Rs 277 cr in Dec quarter

Adani Transmission on Thursday reported a 40 per cent decline in its consolidated net profit to Rs 277 crore for the December 2021 quarter. The company had reported a consolidated net profit of Rs 464 crore in the quarter ended December 31, 2020, according to a BSE filing. Its total income during October-December 2021 rose to Rs 3,085.20 crore, from Rs 2,734.04 crore in the year-ago period. "In Q3 (third quarter), the consolidated PAT (profit after tax) decline of Rs 187 crore, (-)40.3 per cent y-o-y decline. "Q3FY22 PAT (October-December 2021) not comparable y-o-y on account of Rs 62 crore reversal of earlier interim power purchase bill, one-time deferred tax assets creation of Rs 129 crore and forex MTM gain of Rs 40 cr in Q3FY21 (October-December 2020) in (electricity) distribution business," the company said in a statement. Anil Sardana, MD and CEO of Adani Transmission, in the statement said, "Adani Transmission is constantly evolving and becoming a significant player in T&D

Adani Green Energy net up 20% to Rs 49 cr in December quarter

The company had reported a consolidated net profit of Rs 41 crore in the quarter ended on December 31, 2020, a BSE filing stated

Adani Group set up new subsidiary ANIL for new energy business

Billionaire Gautam Adani's logistics-to-energy conglomerate has set up a new subsidiary, ANIL to undertake green hydrogen projects, generation of low carbon electricity among others

Adani Enterprises says won tender to supply imported coal to NTPC

Gautam Adani's port-to-energy conglomerate said it had won a contract to supply imported coal to state-owned electricity generator NTPC

Newsmakers: Neeraj Chopra to Harnaaz Sandhu, who all made headlines in 2021

High achievers in the corporate world; a media potboiler we could do without; and heartfelt goodbyes. 2021 had it all, but a year of renewal and hope was summed up best by olympic glory for the ages

Adani Enterprises bags Ganga expressway project, India's largest, in UP

With a project cost of over Rs. 17,000 crore, this is India's largest ever expressway project awarded to a private company under PPP framework

Top headlines: India detects Omicron cases; carmakers prep for price hikes

Some experts say the way forward in fight against the coronavirus is to mix vaccines. More on that in our top headlines this morning.

Adani to invest $70 bn in renewable energy, produce cheapest hydrogen

Billionaire Gautam Adani said his logistics-to-energy conglomerate will invest $70 billion over the next decade to become the world's largest renewable energy company and produce the cheapest hydrogen

US bank BNY Mellon cuts ties with Adani's Carmichael coal mine in Australia

The US investment bank is the latest global financial institution to distance itself from the project after a campaign by local indigenous people

Two billionaires' actions will determine India's response to climate change

Don't expect a gabfest in Glasgow to save the planet when the scene of real action is 4,000 miles east.

Gautam Adani meets Sri Lankan President Rajapaksa, eyes green investments

Experts see firm's WCT deal as India's move to contain China in the region

Mukesh Ambani tops Forbes India rich list with $92 billion net worth

Chairman of Reliance Industries, topped the rich list for the 14th year in a row

Gautam Adani says $50-70 bn investment planned across energy chain

Adani said his infrastructure conglomerate will invest between USD 50-70 billion in organic and inorganic growth opportunities across the entire energy value chain over the next decade

Gautam Adani now Asia's second richest, earns Rs 1,000 crore daily

The tenth Hurun India rich list has Mukesh Ambani topping it for the 10th year in a row with Rs 7.18 trillion wealth - only 9 per cent up over 2020

As many as 1,007 super-rich people see 51% rise in wealth in 2021: Report

India produced 179 more super-rich people this year led by Adani Group's Gautam Adani who amassed a whopping wealth of Rs 365,700 cr or more than Rs 1,000 crore daily