Adani said- I broke my limits at the age of 16: People still ask me- why did I not complete my studies, why did I come to Mumbai

Adani Group Chairman Gautam Adani has said that people still ask me why I came to Mumbai and why I did not complete my studies? The answer lies in the heart of every dreaming youth who sees boundaries not as obstacles but as challenges. He said, I was only 16 years old when I decided to break my first boundary. With the same education as I had studied, I had to move towards an unknown future in Mumbai. In 2014, the country got good governance and major reform under the leadership of PM Modi. This strengthened the essence of independence. All these years have stood as a turning point in India's remarkable journey. Adani said this at a Teacher's Day program at Jai Hind College in Mumbai. During his lecture, Adani said, I stand here today, humble and grateful. After coming to Mumbai from Gujarat, I studied from this college in the year 1977-78. Adani is Asia's second richest businessman The chairman of Adani Group is Asia's second richest businessman. According to Forbes, his net worth is $82.4 billion (about Rs 6.92 lakh crore). He is at number 21 in the list of the world's richest. The empire of Adani Group extends to coal trading, mining, logistics, power generation and distribution. After the report of Hindenburg Research last year, the price of most of the company's shares fell by more than half. There was an uproar from Parliament to the streets. However, now these shares have recovered. Hindenburg Research had accused the Adani Group of money laundering and share manipulation. SEBI was investigating this matter. Tried luck in diamond industry Born on 24 June 1962, college dropout Gautam Adani is from Gujarat. He tried his luck in the Mumbai diamond industry in the early 1980s before returning to Gujarat to help run his brother's plastic business. After this, Adani Group was started in 1988 with a small agri trading firm. It has now turned into a group that extends to coal trading, mining, logistics, power generation and distribution. Adani Group is also in green energy, airports, data centers and cement industry. Gautam Adani has committed to invest a total of $70 billion by 2030 to make his group the world's largest renewable energy producer. Adani Foundation formed in 1996 Adani Foundation was established in 1996 under the leadership of his wife Preeti Adani. It has worked on social programs in rural areas of India. According to the website of Adani Group, currently this foundation is helping in the upliftment of 34 lakh people annually in 18 states of the country. Preeti Adani is a doctor by profession, who has graduated in Dental Surgery (BDS). Now let's take a look at the controversies related to Gautam Adani… First controversy: Hindenburg Research alleges money laundering The matter is of January 2023. Gautam Adani's flagship company Adani Enterprises announced to bring a follow-on public offer of Rs 20,000 crore. This offer was to open on 27 January 2023, but just before that, on 24 January 2023, Hindenburg Research released a report, in which allegations ranging from money laundering to share manipulation were made against the Adani Group. By January 25, the market value of the group's shares decreased by about $ 12 billion (about Rs 1 lakh crore). However, Adani denied the allegations of any wrongdoing. In such a situation, Adani Group also cancelled its follow-on public offer of Rs 20,000 crore. The Supreme Court formed a 6-member committee to investigate the case and SEBI also investigated the matter. After the court's decision, Adani Group chairman Gautam Adani had said, “The court's decision shows that truth has won. Satyameva Jayate. I am grateful to those who stood with us. Our contribution to India's growth story will continue. Jai Hind.” Second controversy: Allegation of selling low-grade coal as high-grade A month ago, the Financial Times, citing a report by the Organized Crime and Corruption Reporting Project, claimed that in January 2014, the Adani Group bought 'low-grade' coal from an Indonesian company at an alleged price of $28 per tonne. The report alleges that this shipment was sold to the Tamil Nadu Generation and Distribution Company (TANGEDCO) as high-quality coal at an average price of $91.91 per tonne. Earlier also Adani Group was accused of fraud in coal import bill… Read this news too… Gautam Adani to step down as chairperson at the age of 70: Will hand over the command of the company to his sons and cousins ​​in early 2030 Adani Group chairman Gautam Adani has planned to step down at the age of 70, he is currently 62 years old. News agency Bloomberg quoted an interview as saying that Adani may hand over the command of the company to his sons and cousins ​​in early 2030. Read full news… Adani family is the richest in the country, left Ambani behind: Wealth ₹11.62 lakh crore in Hurun India Rich List, wealth increased by 95% in one year The total wealth of Adani Group chairman Gautam Adani and his family increased by 95% in one year to Rs 11.62 lakh crore. The Adani family has increased its total wealth by Rs 5,65,503 crore in the last one year. Read the full news…

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