The Adani Group, a conglomerate that builds and operates ports, power lines and food factories across India, began the year nearly on top of the world — having increased in value tenfold over the previous two years. Its founder and chief executive, Gautam Adani, was ranked the second-richest man on Earth last summer, just behind […]
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When shares of the Adani Group, until recently India’s largest conglomerate, began their free fall late last month, shedding more than $100 billion in days, some observers worried that the collapse could bring down the country’s capital markets, and with them the Indian economy. That would be a frightening prospect not just for India but […]
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Iger shows his cards Since returning to Disney in November, Bob Iger has inspired hope among employees and investors that he could turn around the entertainment giant — and faced a tough challenge from the activist investor Nelson Peltz. On Wednesday, Mr. Iger began to lay out how he plans to fix Disney and fend […]
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Gautam Adani began the year as one of the richest men who ever lived, an upstart billionaire whose conglomerate, one of India’s largest, had surged in value by 2,500 percent in five years. That rise, as he portrayed it, wasn’t his alone: It was inseparable from the “growth story” of India itself. His companies’ goals […]
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