Some of India's richest people are forming bubbles with their families and staff, while others are leaving for homes outside of major cities as a virus resurgence overwhelms the country's medical system.
India s billionaires hunker down in safety bubbles amid covid horror
News Network
April 29, 2021
Some of India’s richest people are forming bubbles with their families and staff, while others are leaving for homes outside of major cities as a virus resurgence overwhelms the country’s medical system and spurs other nations to shut out Indian travellers.
“I’ve been indoors with my family and our staff, that’s my story,” said Kris Gopalakrishnan, one of the billionaire-cofounders of IT giant Infosys Ltd. who now runs a Bengaluru-based venture to support startups. The group are shunning outside contact and only eating home-cooked meals, he said.
Company will work with Adani Logistics to strengthen its supply chain infrastructure
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| A+A A- By Express News Service
CHENNAI: E-commerce giant Flipkart on Monday announced a strategic and commercial partnership with the Adani Group, as part of which the company will work with Adani Logistics to strengthen its supply chain infrastructure.
Flipkart will set up its third data centre at Chennai-based Adaniconnex Private Limited facility. The third data centre will help in leveraging AdaniConneX’s expertise and industry-leading data centre technology solution. Adaniconnex Private Limited is a new joint venture formed between EdgeConneX and Adani Enterprises Limited.
The silent rise of India’s private ports
In August 2020, Karan Adani, chief executive officer of Adani Ports and Special Economic Zone (APSEZ) and scion to the Adani group, informed stock analysts on an earnings call that his flagship port Mundra, in the gulf of Kutch had become the busiest port in the country.
After nipping at the heels of its closest competitor for container traffic, JNPT (Jawaharlal Nehru Port Trust) at Navi Mumbai, for the last few years, Mundra finally pulled ahead in the first quarter of FY21, staging a faster recovery from the covid slump than the central government controlled JNPT could.