Rinehart, 57, head of Perth-based Hancock Prospecting is on course to overtake Carlos Slim, the Mexican magnate worth 46 billion pounds ($73.44 billion), and Microsoft chairman Bill Gates, who is worth 35 billion pounds ($55.80 billion), Citigroup has estimated.
For misdeeds of a small number, we can't punish all the stakeholders: Modi
Australia's federal and Queensland governments are eager to see the mine built following the loss of more than 4,000 coal jobs over the past two years, but analysts and project finance experts believe Adani may have underestimated the challenge of raising funds for the project.
This is the best time to be in India, Prime Minister Narendra Modi said today as he wooed top Australian corporate honchos to invest in the country which is undergoing reforms to improve business environment.
The immediate denial of any issues with approvals by the Queensland government raises questions as to what Adani is trying to accomplish
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