Despite his riches the 60-year-old, who comes from a middle-class textile family, was far lesser known than other billionaires in a country where many inherit their wealth.
In a 2014 interview with Reuters, when asked if he was friends with Modi, Adani said he had friends across the political spectrum, but avoids politics. More recently, Adani has taken a pro-active approach to his public image, giving interviews to local and foreign media.Appearing in a popular Hindi TV show this month called the ‘People’s Court’, Adani sat in a mock witness box inside a courtroom setup and answered questions about his conglomerate – offering an unusual level of scrutiny.
Adani Group issued a detailed response on Sunday, saying it complies with all local laws and had made necessary regulatory disclosures. The conglomerate said Hindenburg report, which it previously said was baseless, was intended to enable the U.S.-based short seller to book gains, without citing evidence.Adani Group’s website says its vision is to balance “growth with goodness” as it aims to build assets of national relevance and transform lives through self-reliance and sustainability.