 "Gautam Adani")
Adani Enterprises Ltd., the flagship company of Asia’s richest man, Gautam Adani, has become the second unit of the ports-to-power conglomerate to be included in one of India’s key equity gauges as the group expands.
The firm will join the NSE Nifty 50 index, the most tracked stocks gauge in the country, replacing Shree Cement Ltd., according to a statement on Thursday from National Stock Exchange of India Ltd.’s index-management firm. The changes, which are based on factors including free float market capitalisation, were expected and will be effective from September 30. Shree Cement is the leading cement-making firm, owning
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