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Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer

Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer

by AIP Online Bureau | Mar 27, 2025 | Eco/Invest/Demography, Health, Indian News, Wealth Management/ Philanthropy

Gautam Adani, founder and chairman of the Adani Group The country is home to 284 billionaires whose cumulative wealth rose by 10 per cent to Rs 98 lakh crore, or a third of the country’s GDP, the report said. Interestingly, amid the concerns on concentration of wealth...
Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer

Billionaire Gautam Adani indicted in US for bribery and fraud

by AIP Online Bureau | Nov 21, 2024 | Indian News, Risk Management

Gautam Adani, chairman and founder, Adani Group However, Adani group on Thursday denied charges of paying bribe to secure favourable terms for solar power contracts, saying the allegations by US prosecutors are baseless and the conglomerate is compliant with all laws....

Adani’s Kenya dealings spark protests, lawsuits and hearings

by AIP Online Bureau | Sep 28, 2024 | Eco/Invest/Demography, Indian News, Risk Management

A court has already frozen Adani’s unsolicited bid to expand Jomo Kenyatta International Airport, while strikes at the facility and criticism from opposition lawmakers has forced the government to defend the opaque circumstances surrounding the deal Billionaire Gautam...
Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer

US prosecutors probing Gautam Adani and his group over potential bribery

by AIP Online Bureau | Mar 15, 2024 | Eco/Invest/Demography, Indian News, Risk Management

Gautam Adani, chairman, Adani Group In addition to being a monolithic presence in its home country, with ports, airports, power lines and highway developments, Adani Group attracts capital from around the world. US law allows federal prosecutors to pursue foreign...
Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer

Reputational Risk: Kidnapped for ransom, 26/11 survivor Gautam Adani faces his biggest challenge yet

by AIP Online Bureau | Jan 29, 2023 | Indian News, Risk Management

Gautam Adani,Founder of Adani Group Hindenburg Research, a tiny New York firm that specialises in short selling, brought out a scathing report that has led to his group shedding more than USD 50 billion in market value in just two trading sessions and Adani himself...
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