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Adani Group Hives Off Power, Ports Businesses

A file photo of Gautam Adani, chairman of Adani Group
A file photo of Gautam Adani, chairman of Adani Group
New Delhi: Indian conglomerate Adani Group unveiled a wide-ranging restructuring of its businesses on Friday in a move designed to make it easier for the group to expand its mining, ports and power operations. Adani Group, which has revenues of more than $9.4 billion across its businesses, is now India's largest private port operator and its biggest thermal power producer after a series of acquisitions over the last year from ri...
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