India-based Adani Ports and Special Economic Zone Ltd will be delisted from S&P Dow Jones's sustainability index before April 15. The decision has been taken because of the firm's association with the human rights violation-accused Myanmar military. Reportedly, a $290-million port is being constructed by the company on the military-backed corporation land. However, the company has not issued any comment on the delisting yet.
Reliance Industries chairman Mukesh Ambani remains the richest Indian billionaire in a report ‘India’s 10 Richest Billionaires 2021’ released by Forbes. Amid COVID-19 slowdown, Ambani clocked $35 billion taking his net worth to $84.5 billion. Followed by industrialist Gautam Adani whose net worth reached $50.5 billion owing to his stakes in airport management and operations business. However, the list is followed by HCL founder Shiv Nadar ($… read-more
Adani Green Energy Limited is all set to acquire 75-megawatt operating Solar Projects from Sterling and Wilson's Private Limited. The company will take over a 100% stake in the plants in Telangana through a deal worth Rs 446 crore. Recently, the group had bought a 50MW solar project from SkyPower Global. Reportedly, the acquisition will lead the AGEL to a renewable capacity of 3,470 MW.
Courtesy: Live Mint