Why is Gautam Adani’s Indian empire in turmoil?

admin February 2, 2023 business news Leave a comment 140 Views

Gautam Adani, 60, is a publicity-shy school dropout of humble origins who rose to become fabulously rich.The business empire of Gautam Adani is in mayhem, losing more than $100 billion in value and sending the Indian tycoon tumbling down the global rich list after allegations of major accounting fraud.

 Who is Gautam Adani? –

Adani, 60, is a publicity-shy school dropout of humble origins who rose to become fabulously rich.

Moving to Mumbai in his teens to work sorting diamonds, he formed his own import-export business. His big break came in 1995 when he acquired a shipping port just as India’s economy was opening up.

About admin

Check Also

Prada to Acquire Versace in $1.4 Billion Deal Despite Tariff Challenges

Prada to Purchase Versace for $1.4 Billion, Overcoming Trump Tariff Challenges

Italian luxury brand Prada has confirmed the acquisition of Versace from U.S.-based Capri Holdings in a deal worth approximately $1.4 billion. The acquisition is set to be finalized in the second half of this year, marking a significant milestone in Prada's 112-year history.

Leave a Reply

Your email address will not be published. Required fields are marked *

Powered by Digital Scoop India | Designed by Digital World Innovations
© Copyright 2025, All Rights Reserved