After spending two decades building a business empire centered around coal, Indian billionaire Gautam Adani is now looking beyond the fossil fuel to cement his group’s future. His ambitious plans are getting a boost from Prime Minister Narendra Modi. Adani has emerged as India’s infrastructure king, diversifying from mines, ports and power plants into airports, … Read more
Elon Musk expects Tesla to lead the solar market after a ‘better’ integration of two key teams. The company was heavily focused on building and producing Model 3 cars but can now turn more attention to solar, Musk said. Visit Business Insider’s homepage for more stories. Elon Musk, CEO of Tesla, believes that the electric … Read more
Gautam Adani has a knack for surviving crisis. He was held for ransom more than two decades ago and in 2008 was among the hostages of Mumbai’s Taj Mahal Palace hotel during the terror attacks that killed more than 160 people. Since then, his business acumen and ability to overcome obstacles have propelled him to … Read more
Adani Green Energy’s record $6 billion solar power project announced in June has no guaranteed customer, its deal with India’s main solar-adoption agency shows, and may expose the company to higher financial risk. Shares in the firm, controlled by billionaire Gautam Adani, have soared three-fold since the signing of the 8 gigawatt (GW) multi-plant deal, … Read more
At first read, the presented arguments may sound counter intuitive. However, think carefully and you might agree.