MUKESH AMBANI

How Adani Group's founder once named the richest man in Asia and once second only to Elon Musk, lost nearly $70 billion in days

Gautam Adani wants to use passengers at his airports to build a super-app. But it’s not the best time for tech ventures, and the competition may already be better positioned.

Seven of the world's 11 wealthiest people haven't signed the Giving Pledge, where signees commit to giving away at least half their wealth. Here's who they are.

Consumers’ digital footprints could help the Indian billionaire’s financial services ambition and unlock shareholder value.

Adani, whose fortune totals an estimated $146.8 billion, is the first person from Asia to rank in the top three of Bloomberg's Billionaire Index.

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The country’s telecom industry is about to see its stability disrupted as Gautam Adani strides into the sector.

The 10th-ranked billionaire in the world is slowly dividing up his empire among his family

Beating Amazon, Disney and Sony to the Indian Premier League was only half the battle. Now the world’s seventh-richest man needs to work out how to make money from it.

The British retail chain has long been in decline. New owners have an opportunity to turn it around — though it won’t come easy or cheap.

Birla has learned some lessons from tangling with India’s other top billionaire. He’s not going to cede the cement industry without a fight.

Gautam Adani has added $30 billion more to his wealth this year. His rival Mukesh Ambani, however, isn’t as deeply fueled by debt.

The battle for rights to the Indian Premier League will once again pit two of the world’s richest men against each other.

A Bengaluru-based startup will get more government subsidies than the much larger Reliance Industries.

Small retailers in India have always been neglected by banks. Standard Chartered is taking a granular approach to helping them get credit.

The Olympics have said goodbye to Asia after a star-crossed run, and it’s unclear when they’ll be back after the continent hosted four of the last eight Games.

They may owe their fortunes to carbon, but now Mukesh Ambani and Gautam Adani are competing to control a giant hydrogen market. Their actions will dominate India’s response to climate change.

They may owe their fortunes to carbon, but now Mukesh Ambani and Gautam Adani are competing to control a giant hydrogen market. Their actions will dominate India’s response to climate change.

There are 493 first-timers on the list, and at least 40 made their money from companies that helped fight COVID-19.

There are 493 first-timers on the list, and at least 40 made their money from companies that helped fight COVID-19.

NEW DELHI Facebook India executives were grilled Wednesday by members of a parliamentary committee on information technology over allegations of political bias and a role in spreading hate speech in India. As usage has spread across India, Facebook and WhatsApp have become fierce battlegrounds for Indias political parties. Modi's party and its leaders have repeatedly denied the allegations and instead accuse Facebook of censoring pro-India content. It found that 93% of the hate speech reported to Facebook was not removed. She said Facebook India must ensure diversity in its content moderation team and consumer oversight of hate content.

Opposition Congress party lawmaker Shashi Tharoor said the information technology committee he heads in Parliament will take up the findings of the Aug. 14 report in The Wall Street Journal. Since coming to power in 2014, Modi's party has increasingly used Facebook to reach voters across India. The party has vastly outspent its main opposition, the Congress party, on social media ads. Panda and other BJP leaders said the allegation that Facebook was giving the governing party preferential treatment stemmed from the once-dominant Congress party's political misfortunes in recent years. The Congress party denied the whistleblower's allegation.

The social network made a $5.7 billion investment in Jio Platforms Limited, owned by Reliance Industries which is run by billionaire Mukesh Ambani. Jio Platforms has a number of brands under it including its telecommunications business Reliance Jio which has grown rapidly thanks to competitive pricing to become the number one mobile carrier in India by revenue and subscriber base. The investment gives Facebook a 9.99% stake in Jio Platforms and gives it a pre-money enterprise value of $65.95 billion. The move is timely as Facebook is gearing to launch a payments feature for WhatsApp in India. The investment could be key for a number of reasons including access to Jio Platforms' more than 380 million user base as well as having the political backing of Ambani.