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Asia s richest man Mukesh Ambani unveils $10bn green energy push | Business and Economy News
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Asia s richest man to plow $10 billion into green energy
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As India s deadly second wave of Covid-19 infections shows no signs of abating, industrial companies are shifting priorities to help manage the crisis.
From oxygen supplies being diverted from sectors including steelmaking, to the country s IT industry deploying its tech systems and manufacturers directing their focus to producing goods to help India through the pandemic, corporates are rallying to address the enormous challenge.
“India is facing a humanitarian crisis of massive proportions,” says Gaurav Singh, chief executive and founder of Verloop.io, a Bangalore-based chatbot application, which is now focusing on using its platform to help connect those who need oxygen and those who have it, at no cost. “As human beings and corporations, now is the time for us to work together.”
April 06, 2021
From college dropout to diamond sorter to the possessor of the fastest-growing fortune in the world, Adani Group Chairman Gautam Adani has traveled a remarkable road in his 50-plus-year career. According to the Bloomberg Billionaires Index, Adani added $16.2 billion to his wealth over the past year, outpacing Jeff Bezos and Elon Musk as well as compatriot Mukesh Ambani, chairman and managing director of Reliance Industries and the richest person in Asia. That growth raised Adani’s total net worth to $50 billion, making him the 25th richest person in the world, according to the Bloomberg Index.
Adani, whose holdings range from ports to gas and green energy to power plants and data centers, has “always had a keen eye on identifying industries required by the nation and also being supported by government policies,” says Sunil Chandiramani, CEO of Nyka Advisory Services and an independent director of Adani Group. “With a strong reputation for building and scaling
Indian Tycoon Adani is Year s Biggest Wealth Gainer
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