Gautam Adani has overtaken Mukesh Ambani to become Asia’s richest individual, according to the latest Bloomberg Billionaires Index. Adani’s net worth has risen to $92.6 billion, placing him 19th globally, while Ambani now stands at $90.8 billion, ranking 20th worldwide. The shift reflects the dynamic nature of global wealth rankings, where even small market movements can alter positions at

The controversy surrounding the unpublished memoir of former Army Chief Manoj Mukund Naravane, titled Four Stars of Destiny, has deepened following two posts by Penguin India, three years apart. The row began when Congress MP Rahul Gandhi attempted to quote from the book during the Budget Session of Parliament. Gandhi was seen holding a copy of the book, which has yet to be published and is still awaiting clearance from the Defence Ministry. The confusion stems from a Decem

The story of New York City’s newly elected mayor, Zohran Mamdani, stretches far beyond the political landscape of the United States. His name itself carries the echoes of centuries-old migration, commerce, and cultural exchange across the Indian Ocean, linking him symbolically to the mercantile traditions of Gujarat that also gave rise to business dynasties like the Ambanis and Adanis. Mamdani, who will soon become the first Muslim and Indian-origin mayor of America’s largest ci

Across the country, visitors to national park sites are noticing new signs asking them to be alert for content that portrays American history negatively. The signs were installed in compliance with a federal executive order titled Restoring Truth and Sanity to American History, issued on March 27. The directive instructs park staff to encourage reports of materials or displays that reflect poorly on the nation’s past or present, instead emphasizing natural beauty and national accomplishmen

In a controversial move stirring legal and political debate, President Donald Trump on Wednesday signed an executive order targeting Houston-based law firm Susman Godfrey, the firm that previously led high-profile defamation lawsuits against Fox News and MyPillow founder Mike Lindell over false 2020 election claims. The order, issued from Trump’s office, directs federal agencies to terminate contracts with Susman Godfrey, citing its alleged engagement in “activities detrimental to

In a significant show of confidence, BlackRock, the world’s largest asset management firm, has emerged as the biggest investor in the Adani Group’s $750 million private bond issuance, taking on approximately one-third of the allocation. The investment, made through a private placement with a 3–5 year tenure, marks BlackRock’s debut in India's infrastructure-focused private bond space. Sources with direct knowledge revealed that BlackRock’s participation in th

India’s wealthiest individuals faced a massive financial hit in Monday’s stock market crash, which saw billions of dollars wiped off global markets. Along with retail investors and institutional players, some of the country’s most prominent business leaders—Mukesh Ambani, Gautam Adani, Savitri Jindal & family, and Shiv Nadar—collectively lost over $10 billion in personal wealth. The losses were reported based on Forbes’ real-time billionaire tracker, which

In a significant move aimed at reshaping the American education system, US President Donald Trump signed an executive order on Thursday directing the closure of the Department of Education. This bold move aligns with long-standing Republican ambitions to transfer educational authority to individual states and reduce federal involvement in schools. The signing ceremony took place in the East Room of the White House, where Trump, surrounded by schoolchildren, proudly displayed the signed order.

In a significant financial setback for India’s wealthiest individuals, seven prominent billionaires, including Mukesh Ambani, Gautam Adani, Shiv Nadar, Azim Premji, Shapoor Mistry, and others, have collectively lost a staggering $34 billion in 2025 following a sharp stock market selloff. According to the Bloomberg Billionaire Index, this loss comes amid growing volatility in global financial markets.   Gautam Adani: The Biggest Loser Ga

Firefighters in North and South Carolina are battling multiple wildfires, forcing evacuations and leading to a state of emergency declaration in parts of South Carolina. The fires, fueled by dry weather, strong winds, and high temperatures, have quickly spread across forests and residential areas, prompting urgent firefighting efforts.The largest wildfire in the region has already burned 1,200 acres near Myrtle Beach, while North Carolina is dealing with multiple blazes in different forests.

The Employees' Provident Fund Organisation (EPFO) has recently issued 21,885 pension payment orders as part of its ongoing efforts to implement higher pensions under the Employees' Pension Scheme (EPS) 1995. As per Minister of State for Labour & Employment Shobha Karandlaje's written response in Lok Sabha, a total of 17.48 lakh applications were submitted by pensioners and members seeking to increase their pension by making higher contributions.   The EPF

Adani Group has issued a statement refuting claims that its 484 MW wind power projects in Sri Lanka, located in Mannar and Pooneryn, have been cancelled. The company clarified that the recent decision by the Sri Lankan Cabinet to reevaluate the tariff approved in May 2024 is part of a routine review process, especially with the new administration in place. The reevaluation aims to align the terms with the country’s evolving energy policies. The company emphasized its commitmen

Coromandel International Ltd. has won an appeal to quash an order to recover Rs 589.2 crore, including penalty and interest, from the company. The original order, filed by the additional commissioner of central tax from the Visakhapatnam Central GST Commissionerate, was contested successfully by the company. The Office of the Commissioner (Appeals), Central Tax and Customs, Guntur, ruled in Coromandel's favor on January 20, 2025. In a related matter, the fertilizer manufacturer

Gautam Adani’s Address to Students On Monday, Gautam Adani, the chairman of the Adani Group, addressed the students of Adani International School in Ahmedabad. During his speech, Adani shared three core principles for the students: "dream relentlessly, learn relentlessly, and build relentlessly," encouraging them to aim high and remain determined in their endeavor

Andhra Pradesh Chief Minister N Chandrababu Naidu clarified that no action would be taken against Adani Green Energy Limited (AGEL) concerning allegations of bribery until concrete proof is provided. Speaking at the Telugu Desam Party (TDP) headquarters in Mangalagiri, Naidu emphasized the need for more evidence, especially as the case is still under investigation in the United States. He noted that the state government cannot act based on mere allegations and will await the outcome of the le

In a recent conversation with IANS, Gautam Adani, the chairman of the Adani Group, shared his thoughts on the ongoing work-life balance debate, emphasizing the importance of personal happiness and choice. He argued that work-life balance is subjective, highlighting that what works for one person may not work for another. For some, spending time with family for a few hours may bring joy, while others might find fulfillment in longer hours. Adani stressed that the essence of work-life

Cochin Shipyard’s stock saw a significant surge on Friday, hitting an upper circuit limit, following the announcement of a major order from Adani Ports and Special Economic Zone Ltd. The order, valued at approximately Rs 450 crore, is for the construction of eight state-of-the-art harbour tugs, making it the largest contract for the company under the government’s Make in India scheme. Adani Ports emphasized its commitment to the "Make in India" and "Aatman

In a significant legal development, the Bombay High Court has upheld the Maharashtra government's decision to award the Dharavi slum redevelopment project to the Adani Group, dismissing a challenge filed by UAE-based Seclink Technologies. The court ruled that there was no evidence of "arbitrariness, unreasonableness, or perversity" in the state government's decision-making process. Seclink Technologies had alleged that the tender conditions were specifically designed to favo

Bangladesh's interim government has accused Adani Power of breaching a multi-billion-dollar agreement related to the supply of electricity from its coal-fired plant in India. The dispute centers on Adani Power withholding tax benefits that the power plant was entitled to under the agreement. The Indian company signed a deal with Bangladesh in 2017 to supply power from the Godda plant, but Dhaka claims that Adani Power failed to pass on the tax exemptions it received from the Indian govern

In a major boost to Rajasthan's economic prospects, the Adani Group has pledged to invest Rs 7.5 lakh crore in the state over the next five years. This massive investment will fund key infrastructure projects, including the creation of four new cement plants and the establishment of a world-leading green energy ecosystem. Karan Adani, CEO of Adani Ports, shared these details at the 'Rising Rajasthan' Investor Summit 2024, where he highlighted the ambitious plans to build the world