[ad_1] Billionaire Gautam Adani’s group has attracted a lot of scrutiny over its debt-heavy balance sheet and not enough appreciation of its cash-flow generation ability, according to M&G Investments (Singapore) Pte. “The businesses Adani is incubating and operating in — ports, airports, rail, logistics — they are real businesses that generate cash,” Vikas Pershad, a […]
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[ad_1] Asia’s richest person, Gautam Adani, is considering setting up a family office overseas to manage his ballooning wealth, according to people familiar with the discussions. The chairman of the ports-to-power Adani Group conglomerate is looking at Dubai or New York as the base for the office, which will invest the Adani […]
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[ad_1] Adani Enterprises’ consolidated net profit for the quarter ended September (Q2) more than doubled versus last year to Rs 461 crore, its results showed on Thursday. The company’s consolidated revenue in Q2 surged nearly threefold year-on-year (YoY) to touch Rs 38,175 crore. While profit for the quarter came below Street estimates […]
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