Amid the aviation industry’s worst crisis, Indian conglomerate Adani Enterprises Ltd. is finding one opportunity after another to expand its foray into the aviation industry. As widely reported recently, the Adani Group is looking to acquire a controlling 74% stake in the International Airport of India’s economic hub Mumbai. While the Indian aviation sector might be comatose amid the pandemic restrictions, the country is still the fastest-growing aviation market globally.
In a strategic move to accelerate its foray into the data centre domain, the 13 billion dollar Adani Group on Tuesday announced a partnership with San Francisco-based Digital Realty, the world’s leading global provider of data centre, co-location and inter-connection solutions.
In the largest foreign direct investment in city gas distribution sector by a global energy major, French multinational Total will buy 37.4 per cent stake in Adani Gas to develop multi-offerings in the Indian energy market.
With a net worth of Rs 3.8 lakh crore, Reliance Industries Chairman Mukesh Ambani is India’s richest man for the eighth consecutive year as mentioned in the IIFL Wealth-Hurun India Rich List 2019.