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From being held to ransom to rivalling Ambani's fortunes: Adani's journey

Shares of most of his firms have surged, including those of his mining, gas and ports units

Gautam Adani | File photo
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The group has also become the nation’s biggest non-state owned power producer and a leader in coal mining.

Alex Sazonov, Bhuma Shrivastava and P R Sanjai | Bloomberg
Gautam Adani has a knack for surviving crisis. He was held for ransom more than two decades ago and in 2008 was among the hostages of Mumbai’s Taj Mahal Palace hotel during the terror attacks that killed more than 160 people.

Since then, his business acumen and ability to overcome obstacles have propelled him to the ranks of India’s richest. And while the coronavirus outbreak sank the nation into an unprecedented recession this year, Adani’s group has kept growing. His conglomerate secured global partners, investments and pushed into new sectors.

Shares of most of his firms have surged, including those

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