Billionaire Adani’s Mumbai slum revamp struggles to secure land in potential setback
Mumbai, India Reuters A joint-venture led by billionaire Gautam Adani is struggling to secure land to rehabilitate poor residents of one of Asia’s largest slums in Mumbai, a government official said, posing a fresh challenge for the ambitious reconstruction plan. The Dharavi slum, about three-quarters of the size of New York’s Central Park, featured in […]
India’s richest one per cent has highest concentration of wealth in decades, study shows
New Delhi, India Reuters The wealth concentrated in the richest one per cent of India’s population is at its highest in six decades and the percentage share of income exceeds that of countries including Brazil and the United States, research group the World Inequality Lab found. Since India, which won its independence in 1947 from […]
Dharavi: Adani’s bid to remake Mumbai slum spurs residents’ doubts, favouritism claims
DHWANI PANDYA and ADITYA KALRA, of Reuters. report…
India’s Adani to convert Mumbai slum into modern city despite challenges
Mumbai, India Reuters Indian billionaire Gautam Adani on Thursday said he plans to convert India’s largest slum in Mumbai, Dharavi, into a modern city hub, a huge challenge which would require the rehousing of around a million people. Believed to be the largest slum in Asia, Dharavi is a crowded area that houses thousands of […]