The surge in Adani Group stocks boosted Chairman Gautam Adani s wealth by over $10 billion, reaching a fortune exceeding $70 billion according to the Bloomberg Billionaires Index
Star performers in last year's BT500 study, most Adani Group firms have seen their rankings dip in the latest edition. While it is business as usual for the group, most market watchers expect its bumpy ride to continue - Issue Date: Dec 10, 2023
Adani Group is planning to exit a few businesses to invest deeply in core focus areas such as infrastructure. Plans to disinvest in Adani Wilmar are part of those plans.
The deal is expected to be finalised within a month, with the conglomerate, led by Chairman Gautam Adani, aiming to fetch USD 2.5-3 billion for its share in the joint venture, , adani group, stakes, selling