The meteoric rise and spectacular fall of billionaire Gautam Adani should serve as a cautionary tale about the excessive influence of oligarchs in Prime Minister Narendra Modi’s India. While it is too soon to assess the political fallout, the fate of the Adani Group is an indictment of Modi’s development
Tag: Gautam Adani
The Adani Affair: The Fallout For Modi’s India
On Tuesday the Indian billionaire Gautam Adani was shaking hands with Israeli prime minister Benjamin Netanyahu to mark what should have been a proud moment for his conglomerate. Adani’s ports division completed a deal to take over Haifa’s port for $1.2bn, a landmark foreign investment for Israel and an emblem of