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The Latest Breaking News from Gautam Adani

This Billionaire Is Now Even Richer Than Jeff Bezos

Jeff Bezos is no longer the second-richest person in the world.

Bangkok Post

Jeff Bezos loses spot as second-richest person

Gautam Adani, 60, is the first Asian busines person to rank in the top three of the global wealth index, which is typically dominated by US tech entrepreneurs

The Independent UK

Move over, Jeff Bezos. India's richest man is now wealthier than the Amazon founder

Gautam Adani's fortune lies somewhere between $147 billion and $152 billion, according to lists maintained by Forbes and Bloomberg.

WEKU

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Morning Digest | SCO members should give each other full transit rights, says PM Modi; Russia allays India’s worries over Ukraine, and more

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The Hindu

Jeff Bezos loses spot as second-richest person

Gautam Adani, 60, is the first Asian busines person to rank in the top three of the global wealth index, which is typically dominated by US tech entrepreneurs

The Independent UK

Gautam Adani names son Karan to run cement firms; injects Rs 20,000 crore in Ambuja Cement

NEW DELHI: Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.

The Times of India

Forbes Billionaires List: Gautam Adani second richest man in world

The list showed Adani's total net worth at around $ 154.4 billion as of September 16. Read more on Dynamite News:

Dynamite News

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Gautam Adani briefly listed as world's second-richest person

Bernard Arnault and Mr. Adani traded the number two position during the day as the share prices of their companies fluctuated.

The Hindu

Top NDTV executives have made windfall gains from Adani’s takeover

Gautam Adani’s takeover of NDTV may have caused disquiet in the news industry, but it has proved lucrative to several employees of the TV news network. The billionaire’s purchase of about 30 percent of the broadcast company, and whispers about it in the preceding months, sent its share price soaring,…

Newslaundry

Tuesday's Market Bloodbath Hit The Top 10 Richest People Where It Hurts: Here's Who And How Much

A market sell-off on the heels of Consumer Price Index (CPI) inflation data Tuesday saw the broader U.S. markets post their worst day year-to-date in 2022. Here’s a look at how the market collapse impacted the wealth of the richest people in the world.

Benzinga

The challenges of independent news reporting in India

Concern is growing in India for one of the country's few independent TV news channels after a hostile takeover bid by billionaire businessman Gautam Adani. NDTV is currently one of India's most trusted sources of information, in a country where most news channels function as government mouthpieces. FRANCE 24's reporter…

France 24

India is quietly laying claim to economic superpower status

India recently overtook UK as the world’s fifth biggest economy – and it could be third by 2030

The Guardian - UK

Gautam Adani closes in on Jeff Bezos with 1,000% stock surge

NEW DELHI: First he became the richest person in Asia. Then his net worth surpassed those of Warren Buffett and Bill Gates. Now he’s fast approaching a level of wealth only rivaled by Jeff Bezos and Elon Musk.

The Times of India

Asia’s richest man Gautam Adani is searching for new group M&A chief

NEW DELHI: Asia’s richest man Gautam Adani is scouting for a new leader for his mergers and acquisitions strategy as the incumbent will soon take a new role within the group, according to people familiar with the matter.

The Times of India

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The Hindu

Indian-American doctor files lawsuit against PM Modi, Andhra CM Jagan Mohan Reddy, Adani

The U.S. District Court for the District of Columbia has issued summons to all these leaders, along with several others, which were served on them in India earlier this year

Newslaundry

Adani’s NDTV takeover is a worrying portent for Indian media: Economist

Billionaire Gautam Adani’s takeover of NDTV has invited media attention not just in India but also abroad. In a recent piece the Economist describes the “tycoon’s takeover bid for an independent broadcaster is a worrying portent”, not least for media freedom.

The Times of India

In 5 charts: How Gautam Adani became first Asian to reach top 3 richest in world

NEW DELHI: When the world went into Covid-induced lockdowns plunging the global economy into a crisis, the worried investors in India had their eyes on the possible impact on Mukesh Ambani who was then the undisputed leader.

The Guardian - UK

Indian tycoon Gautam Adani named world’s third richest person

Billionaire becomes first Asian person to break into the top three of world’s wealthy

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The Hindu

Adani becomes world’s third-richest person; first for an Asian

India’s Gautam Adani entered the top three in Bloomberg Billionaires Index’s ‘Top richest person in the world’ list, making it a first for an Asian

Dynamite News

Gautam Adani overtakes Bernard Arnault to become world's 3rd richest person

Business conglomerate Adani Group's chairman Gautam Adani is now the world's third-richest person after overtaking France's Bernard Arnault according to Bloomberg Billionaires Index. Full story on Dynamite News:

The Times of India

Gautam Adani becomes world’s third-richest person as wealth surges

NEW DELHI: Few outside of India had heard of Gautam Adani just a few years ago. Now the businessman, a college dropout who first tried his luck as a diamond trader before turning to coal, has become the world’s third-richest person.

Newslaundry

What exactly does NDTV's loan agreement with Reliance-linked firm say?

Billionaire Gautam Adani is set to control at least 29 percent of NDTV for Rs 113 crore. The acquisition, announced last week, triggered an open offer for the Adani group to buy another 26 percent of the TV network for nearly Rs 490 crore – 16,762,530 shares at Rs 294…

The Times of India

Reliance plans Rs 2.75 lakh crore investment; prepares for larger battle with Adani group

MUMBAI: Billionaire Mukesh Ambani on Monday announced a Rs 2.75 lakh crore investment plan to expand and diversify his $221 billion-empire by rolling out 5G services from October, adding capacity in the core oil and chemical business and taking on rival Gautam Adani with a foray into FMCG sector.

Dynamite News

Adani-NDTV tussle intensifies over stake acquisition

Billionaire Gautam Adani-led Adani Group on Friday asserted that no prior approval was needed from market regulator SEBI to acquire 29 per cent stake in NDTV as stated by the media company founded and promoted by Prannoy Roy and Radhika Roy. Read more on Dynamite News:

The Times of India

Adani says regulatory curbs do not restrict bid to take over NDTV

MUMBAI: Adani Group said on Friday that regulatory restrictions imposed on New Delhi Television Ltd's (NDTV) founders do not affect the conglomerate's attempt to buy a majority stake in the news network.

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