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India's billionaires got richer while coronavirus pushed millions of vulnerable people into poverty


Hindustan Times via Getty Images
Sanjeev Verma/Hindustan Times/Getty Images
Chairman and founder of the Adani Group Gautam Adani seen during the News18 Rising India Summit on February 25
By Diksha Madhok, CNN Business
India has been hobbled by an economic slump and a brutal wave of coronavirus that new research shows pushed millions of people into poverty.
But as these Indians struggle to live on a few dollars a day, the country’s ultra-wealthy have gotten even richer and more influential, as their combined fortunes have soared by tens of billions of dollars in the last year.
Mukesh Ambani chairman of the sprawling conglomerate Reliance Industries is now worth more than $80 billion, some $15 billion more than a year ago, according to the Bloomberg Billionaires Index. Not far behind him is Adani Group founder Gautam Adani, whose wealth skyrocketed from less than $13 billion this time last year to ....

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Dilip Buildcon climbs on emerging L-1 bidder for two HAM projects


Dilip Buildcon rose 3.43% to Rs 651.75 after the company said it was declared as the lowest (L1) bidder for two tenders floated by the National Highways Authority of India on hybrid annuity basis (HAM) in Karnataka.The scope of first project involves four laning Bangalore to Malur section of Bangalore Chennai Expressway on HAM under Bharatmala Pariyojna. The bid project cost is Rs 1,160 crore and it is to be completed in 24 months. The length of the project is 27.10 kilometre with an operation period of 15 years.
The second project is for four laning of expressway from Malur to Bangarpet on Bangalore Chennai Expressway on HAM under Bharatmala Pariyojna. The bid project cost is Rs 1279 crore and the project is to be completed in 24 months. The length of project is 27.10 kilometres with an operation period of 15 years. ....

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