The omnipotent Adani

Gautam Adani’s ambition knows no bounds. But can his access to the powers that be and debt sustain his group in the long run?

Gautam Adani is in a tearing hurry. Less than three years ago he had no play in India’s airports business. His significant interests in power generation and transmission, mining and ports had bestowed on him the tag of India’s second richest billionaire with a wealth of $58 billion, behind only Reliance Industries’s Mukesh Ambani. A status milestone that led many to believe that the then 55-year-old billionaire had his hands and belly full. 

Apparently not. In under two years, Adani became the country’s second largest airports operator, with eight airports under his belt (including the proposed Navi Mumbai airport); he …

Author

T Surendar

Surendar helps lead the newsroom at The Morning Context as executive editor. Over the years, Surendar has worked in industries from pharmaceuticals to diamonds, as well as a stint as an equity analyst. In his long career as a business journalist, he has led teams at The Times of India, India Today and Fortune India. He was part of the founding team at Forbes India and interned at and published in The Times, London.

Executive Editor

surendar@mailtmc.com

Mumbai

Author

Jayshree P. Upadhyay

Jayshree is a former writer at The Morning Context. As journalist, she had nearly a decade of experience across Mint, Business Standard and Bloomberg TV India. The bulk of her career has been devoted to tracking the capital markets regulator, exchanges, regulatory policies, financial scams and corporate governance issues. One of her biggest breaking stories was her incisive coverage of the colocation scam which put the lapses at NSE in the public domain.

jayshree@mailtmc.com