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Companies controlled by the two billionaires are engaged in a high-stakes contest for market share. While Adani wants to be No. 1, can he topple Birla from the summit?

The Adani group plans to spend Rs 1 lakh crore over the next five years to develop its airport business. While everything—including the funding—is sorted, a prolonged war could disturb the math.
Despite a higher offer, creditors chose Gautam Adani’s Adani Enterprises—setting up a courtroom fight that raises questions over the bankruptcy resolution process’s priorities.
NDTV and Network18 are now firmly loss-making—and show little urgency to fix the fundamentals.