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Gautam Adani

Gautam Adani is the chairman and founder of the Adani Group, a multinational conglomerate. He is an Indian businessman, a first-generation entrepreneur and one of the richest people in the world. Gautam Adani was born on June 24, 1962, in Ahmedabad, Gujarat and he has seven siblings. 

At the age of 18, Gautam Adani went to Mumbai and worked as a diamond sorter for the Mahindra brothers. He continued doing it for two years before establishing his own diamond brokerage business. 

Gautam Adani established Adani Exports, now known as Adani Enterprises in 1988. Gautam Adani gained massive benefits from the Indian liberalization and economic reforms of 1991. It led to immense growth in his company’s revenue, enabling him to expand his businesses. The government of Gujarat, in 1994, announced managerial outsourcing of the Mundra Port and in 1995, Gautam Adani bagged the contract for his company. 

Gautam Adani is also the owner and president of the diversified conglomerate, Adani Foundation. It was founded in 1996 and is funded through the Adani Group. In the same, year Gautam Adani founded Adani power, the power-business arm of the Adani Group.

Ten years later, in 2006, he entered the power generation business, and from 2009 to 2012, Gautam Adani acquired Abbot Point Port in Australia and Carmichael coal mine in Queensland.

Gautam Adani has also contributed Rs 100 crore to the PM Cares Fund through his group's philanthropy arm in 2020 to fight the Coronavirus outbreak. He also contributed Rs 5 crore to the Gujarat CM Relief Fund and Rs 1 crore to the Maharashtra CM Relief Fund.

Gautam Adani is married to Priti Adani. They have two sons, Karan Adani and Jeet Adani.

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Who is Zhang Yiming, Chinese tech billionaire now richer than Mukesh Ambani?

ByteDance founder Zhang Yiming has overtaken Mukesh Ambani to become Asia's second-richest person. The Chinese tech billionaire's wealth surged on the back of TikTok's global success and ByteDance's fast-growing AI business. From a small Beijing apartment to a $93 billion fortune, Zhang's journey reflects the changing face of global wealth.

Explained: Why Adani Group stocks rose up to 5% today

Adani Group shares climbed in morning trade after the US moved to drop charges against Gautam Adani and his associates. The move, along with the LPG settlement, eased regulatory uncertainty and lifted investor confidence.

Mamdani, Adani, Ambani. The link

Though New York City mayor-elect Zohran Mamdani champions socialist politics in New York, his surname traces back to the same Gujarati roots as that of corporates Mukesh Ambani and Gautam Adani. Across the seas and centuries, these family names tell a story of commerce, migration and shared histories.

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VIDEOS

Bengaluru Tunnel Road Bid Sparks Row As Karnataka CM Meets Adani Chief; BJP Questions Congress

A political controversy has erupted in Bengaluru following a 20-minute meeting between Karnataka Chief Minister DK Shivakumar and Adani Group Chairman Gautam Adani on August 23. The meeting occurred while Adani Enterprises emerged as the lowest bidder for both packages of the proposed 17-kilometre Hebbal to Silk Board Bengaluru Tunnel Road Project. Adani quoted 22,267 crore rupees, which is 4,600 crore rupees higher than the state government's original estimate of 17,698 crore rupees. The Chief Minister's Office clarified that the meeting was a courtesy call and no project discussions took place. However, the Bharatiya Janata Party, including Leader of Opposition R Ashoka and MP Tejasvi Surya, questioned the Congress party over the meeting, contrasting it with Rahul Gandhi's national criticisms of the Adani Group. The Karnataka government is yet to award the project and faces decisions on whether to accept the bid, negotiate, or reconsider financial viability.

Gautam Adani Meets DK Shivakumar; Bid For Bengaluru Tunnel Road Triggers Political Row

A political controversy erupted in Karnataka following a 20-minute meeting between Gautam Adani and Chief Minister DK Shivakumar at his residence on August 23. The Chief Minister's office described the meeting as a courtesy visit, highlighting the jobs and investment brought by the group. The interaction occurred as Adani Enterprises emerged as the lowest bidder for both packages of the proposed 17-kilometer Hebbal to Silk Board Bengaluru Tunnel Road project. Adani's bid of 22,267 crore rupees exceeds the government's initial estimate of 17,698 crore rupees by approximately 4,600 crore rupees. The Karnataka BJP questioned the Congress party's position, alleging double standards given Rahul Gandhi's repeated national attacks against Adani. BJP MP Tejasvi Surya opposed the tunnel project citing environmental impact and moved the Karnataka High Court, while Leader of Opposition R Ashoka demanded clarification. The report noted that Congress-led governments in Telangana, Rajasthan, and Chhattisgarh have previously signed major deals and investments with the Adani Group.

Adani Group Secures Bengaluru Tunnel Project; BJP Alleges Double Standards Over Residence Meeting

A political row has erupted in Karnataka after the Chairman of the Adani Group met the Chief Minister at his official residence in Bengaluru. The meeting coincided with an Adani Group company securing the lowest bid for a proposed tunnel road project in Bengaluru. The Opposition BJP targeted the ruling Congress government, accusing it of double standards given senior Congress leader Rahul Gandhi's frequent public criticisms of the business conglomerate and its government contracts. In response, the Karnataka leadership described the interaction at the residence as a standard courtesy visit following the takeover of duties, maintaining that it was unrelated to the ongoing infrastructure bidding process.

Adani Meets Karnataka CM Shivakumar Amid Bid For Rs 22,267 Crore Bengaluru Tunnel Road Project

Billionaire businessman Gautam Adani met Karnataka Chief Minister DK Shivakumar at his Sadashivanagar residence in Bengaluru following Adani Enterprises emerging as the lowest bidder for both packages of the controversial 16.75-kilometer Bengaluru tunnel road project. The company submitted a bid of 22,267 crore rupees, which stands substantially higher than the state government's initial estimate for the infrastructure development. The high-profile meeting has drawn political scrutiny due to the sharp contrast with senior Congress leader Rahul Gandhi's persistent attacks on the ruling central government over alleged favoritism toward corporate conglomerates, including land allocations and media influence.

8 Opposition MPs suspended: Who crossed the line?

As the showdown between the government and the opposition continued for a second day on Tuesday, eight Opposition MPs were suspended from the Lok Sabha for 'unruly behaviour' after they tore papers and threw them at the Chair.

Unidentified speaker Discusses NCP Merger Prospects and Deputy CM Race in Maharashtra

On this Special Report, the focus is on the shifting political landscape of Maharashtra following the reported death of Ajit Pawar. An Unidentified speaker analyzes the potential merger of the Nationalist Congress Party (NCP) factions and the leadership vacuum left behind. The speaker notes, 'I think is the only person who has the stature to bring together the NCP on one platform.' The discussion highlights the central role of the Bharatiya Janata Party (BJP) in determining the next Deputy Chief Minister and the future of the Mahayuti alliance. The programme explores whether Sunetra Pawar or other senior leaders like Chhagan Bhujbal will step up, while emphasizing that the BJP, led by Devendra Fadnavis and Amit Shah, remains the dominant force controlling the state's political narrative. The Unidentified speaker also reflects on previous failed unity attempts between Sharad Pawar and the NDA, suggesting the NCP now faces a battle for its own relevance.

Market Crash: Adani Stocks Plunge 15% as Rupee Hits Record Low of 91.95 Against Dollar

This special report covers a volatile 'freaky Friday' in the Indian markets where the Nifty 50 slipped towards the 25,000 mark and the rupee hit a historic low of 91.95 against the US dollar. The program highlights a massive ₹1.5 lakh crore wipeout in Adani Group stocks following reports of US SEC summons. On the sidelines of the World Economic Forum in Davos 2026, global economists and Indian business leaders discussed the 'high levels of uncertainty and volatility' expected in the coming year. The report features insights from top bankers and IT leaders on the transformative power of AI and the challenges posed by global trade tariffs. Additionally, the show covers the political fallout in India, with Rahul Gandhi criticizing the government over a 'dead economy' and job losses linked to international tariff pressures. As Davos concludes, the focus shifts to the upcoming Union Budget 2026 and its potential impact on domestic recovery.

Thackeray Accuses BJP of Facilitating Land Grab for Adani; BJP Fires Back with Photos

A political firestorm has erupted in Mumbai, with the Adani Group at its epicentre. During a rally, Raj Thackeray accused the BJP of enabling land grabs to benefit the corporate giant, particularly concerning the Brihanmumbai Municipal Corporation (BMC). The BJP swiftly retaliated, releasing pictures of Thackeray meeting with the industrialist and alleging his associations with other figures. Amid the political back-and-forth, one commentator noted, 'But in this country, even if there are so many industrialists, I don't want to show the world that there is so much mercy on one person.' The allegations have turned the Adani connection into a significant flashpoint in the ongoing political battle for Mumbai.

Maharashtra Power Play: Sahil Joshi on Thawing Ties Between Sharad and Ajit Pawar Factions

In this Special Report, India Today’s Sahil Joshi analyses the potential reunification of the NCP factions following Ajit Pawar’s visit to Delhi for Sharad Pawar’s 85th birthday. The discussion, hosted by Rajdeep Sardesai, explores the political implications of this meeting and the joint appearance of the Pawar family with industrialist Gautam Adani. Aneesh Gawande, spokesperson for NCP (SP), admits that the factions are ‘ideologically aligned’ against the BJP, hinting at local alliances in Pune and Pimpri-Chinchwad. Meanwhile, Avinash Adik of the Ajit Pawar faction defends local adjustments, stating, ‘We are a secular party.’ The report questions if these moves signal a shift ahead of the 2029 elections.

Omkar Wable Reports: Ajit Pawar Says 'Clock and Tutari Have Reunited' for Pimpri-Chinchwad Polls

In this report by India Today’s Omkar Wable, the focus is on the significant political reunion of the Pawar family in Maharashtra. Deputy Chief Minister Ajit Pawar has announced that his faction and Sharad Pawar’s NCP (SP) will contest the Pimpri-Chinchwad Municipal Corporation elections together. Omkar Wable highlights Ajit Pawar’s statement that 'the clock and the tutari have reunited' after a two-year split. The report also notes that the alliance was finalized around the time industrialist Gautam Adani visited Baramati for an AI institute inauguration. Wable mentions that while the reunion is set for Pimpri-Chinchwad, a similar formula may apply to the Pune Municipal Corporation polls, despite concerns over election symbols.

Rahul Gandhi: PM Modi Destroying MGNREGA With 'G. Ramji Bill' To Aid Adani

In a scathing attack on the Centre, Leader of Opposition Rahul Gandhi criticizes the proposed 'G. Ramji Bill' (Viksit Bharat Guarantee for Rozgar and Ajeevika Mission), which aims to replace MGNREGA. Citing Congress President Mallikarjun Kharge’s observation that 16 countries appreciated India's rights-based development model, Gandhi alleges Prime Minister Narendra Modi has 'destroyed' this legacy 'single-handedly' without cabinet consultation. He terms the bill a 'devastating attack' on states' rights, infrastructure, and the democratic structure of panchayats. Gandhi further claims the move is designed to 'take money away from poor people' and benefit industrialists like Gautam Adani, comparing the decision's impact to demonetization.

Rahul Gandhi in Berlin: 'BJP Proposing Elimination of Constitution, Modi's Vision Creating Divisions'

In a scathing attack on the Modi government from Berlin, Leader of Opposition Rahul Gandhi alleged that the BJP is proposing the 'elimination of the Indian Constitution'. Speaking at the Hertie School, Gandhi claimed that Prime Minister Narendra Modi's vision is creating divisions and that the Opposition is fighting 'captured institutions' rather than just a political party. He also criticised the government's economic policies, stating that demonetisation 'systematically destroyed' small and medium industries to favour a duopoly of 'Ambani and Adani'. India Today's Rahul Gautam reports on the potential political confrontation.

Jeet Adani On Navi Mumbai Airport: 'We Had To Manufacture The Site And Then Build On It'

On this Special Report, Jeet Adani, Director of Adani Airports Holdings Ltd, speaks exclusively to India Today on 'Jab We Met'. He details the massive engineering challenge behind the Navi Mumbai International Airport, stating, 'We had to manufacture the site and then build the airport on it.' Adani emphasizes the project's strategic importance as a 'growth unlock' for India and outlines its sustainability measures, including mangrove protection and green energy goals. He also shares personal insights on his father, Gautam Adani, and the family's work ethic.

Jeet Adani On Navi Mumbai Airport: 'We Want To Make This A City To Serve'

In this exclusive interview, Jeet Adani, Director of Adani Airports, discusses the strategic significance of the new Navi Mumbai International Airport. Speaking to Maria Shakil, Adani highlights the massive engineering challenge of 'moving mountains' to build the airport and the group's commitment to sustainability, aiming for 100% green energy within three to five years. He explains how the project unlocks growth for Mumbai by resolving the city's long-standing connectivity limitations. Adani also reflects on the 'indomitable spirit' of his father, Gautam Adani, a quality he seeks to emulate in his own leadership. The conversation covers the airport's future-proof infrastructure, including plans for EV tolls and seamless multi-modal transport connectivity.