Articles for tag: Adani, Demand, Energy, Explosive, Forecasted, Global, Growth, Indias, Outpace, Peers, Poised, Solutions, Surges

September 22, 2024

Adani Energy Solutions Ltd poised for explosive growth, forecasted to outpace global peers as India’s energy demand surges.

Adani Energy Solutions Ltd (AESL) is a rapidly growing power transmission utility with an enterprise value of $18.5 billion. According to a recent report by Cantor Fitzgerald, AESL is expected to see a remarkable 29% compound annual growth in pre-tax profits over the next three years. With a diverse portfolio that includes transmission, distribution, and ...

September 19, 2024

Market News

Business

Bengaluru’s wealthy elite surges, with a forecasted 150% increase in centi-millionaires, igniting a battle for resources amid dramatic growth.

Bengaluru is witnessing an impressive surge in its ultra-wealthy population, expecting a 150 percent increase in centi-millionaires over the next 16 years. Currently, the city boasts about 13,200 millionaires with a total investable wealth of Rs 800 crore. This growth reflects a trend seen globally, where the centi-millionaire population has surged by 54 percent in ...