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Adani corporation becomes third Indian conglomerate to attain $100 billion in market cap

Date: 08 April 2021 Tags: Miscellaneous
  • Adani conglomerate has become India's latest corporate group to cross USD 100 billion in market capitalisation.
  • Adani Group is the third Indian conglomerate to cross the USD 100 billion market cap mark after Tata Group and Reliance Industries Ltd.
  • Adani group now spans from mines, ports and power plants to airports, data centre, city gas and defence.
  • The group has gained control of seven airports and almost a quarter of India's air traffic, made rapid strides in renewable energy capacity addition, won a contract to co-develop a port terminal in Sri Lanka and bought ports in India.