Adani Surpasses Ambani's Net Worth and Became India's Richest Men!
Mr Adani has also become the world’s biggest wealth gainer this year after his personal fortune witnessed a jump of $12bn
“The Adani Group has spotted and entered all the happening sectors at the right time, which has appealed to a select band of foreign portfolio investors
Deepak Jasani, head of retail research at Mumbai-based brokerage HDFC Securities Ltd, was quoted as saying by Bloomberg.
“The sectors are capital-intensive and the company has faced little difficulty in raising funds to expand,” he added.
Mr Adani started off by foraying into coal — first into trading and then building India’s largest thermal power capacity plant in the private sector.