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Indian billionaire Gautam Adani is recasting his conglomerate and focusing on core infrastructure business, instead of engaging in direct competition with his biggest rival Mukesh Ambani. Adani, who is grappling with governance issues and allegations of manipulation and undisclosed transactions, has sold his consumer finance franchise to Bain Capital, and reportedly exploring the sale of his $2.6bn stake in Adani Wilmar. ....
Mukesh Ambani sells Manhattan condo for Rs 74.5 crore, says report financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Reliance Industries: India s data centre market is booming, with investments totalling $10bn since 2020 and a projected doubling of data centre stock to reach 20 million square feet by 2025, according to property consultant Colliers India. Global majors such as Google, Microsoft and Amazon have already built hyperscale data centres in the country, while AdaniConneX has raised $213m for a 67 MW data centre portfolio in Noida and Chennai. ....
Mahindra Group Chairman Anand Mahindra has said that PM Modi s recent visit to the US has brought about a tipping point in the relationship between the two countries. Mahindra highlighted a common need that he did not see before and spoke of a strong interdependency between India and the US. ....