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Indian billionaire Gautam Adani’s conglomerate had just launched a hostile bid to take over an influential broadcaster in the capital. Rupak De Chowdhuri/ReutersMuch of his fortune is tied up in the sprawling Adani Group, which he founded over 30 years ago. Most of the companies in the Adani empire are held closely by the billionaire, his family and associated firms, including nearly 75% stakes in AEL, Adani Power, and Adani Transmissions. Yet, the Adani Group has continued to raise billions from Indian and foreign banks. CreditSights, a research firm owned by Fitch Group, in August published a report about Adani Group titled “Deeply Overleveraged” in which it expressed strong concerns.
As a result, countries such as China and Japan have set lower BMI overweight and obesity thresholds for people of Asian descent. Experts generally agree that BMI should not be the only measure to assess patients’ health and weight. Instead of relying on BMI, physicians and patients should consider other factors in the weight equation. It incorporates various groups’ risk factors for conditions such as diabetes, high blood pressure, and high cholesterol. “We do not plan to eliminate the BMI, but we plan to devise other strategies to evaluate the health associated with weight status,” said Stanford.
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