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Billionaire Gautam Adani’s sprawling business empire has lost a stunning $68 billion in market value through Monday after its 413-page attempted rebuttal of fraud allegations failed to convince ...
The flagship company of India’s Adani Group collected enough investor bids to pull off a large stock sale, advancing its fundraising plans in the face of fraud allegations from a U.S. short seller.
Adani Enterprises, the flagship of the Indian conglomerate Adani Group, called off its $2.5 billion share sale on Wednesday, citing “market volatility,” a blow to the company and its ...
Beyond infrastructure, one of the Adani Group’s most valuable assets is something less tangible. Gautam Adani and Narendra Modi, India’s prime minister, have been working in tandem for decades.
Two large companies within India's embattled Adani Group are likely to repay their short-term commercial paper (CP) debt as they come due over the next few months, instead of rolling them over as ...
The Adani Group has tried to paint serious allegations of fraud it faces as a “calculated attack on India” and its growth story. Newsletters Games Share a News Tip. Featured. Featured.
On Jan. 24, Hindenburg Research — a small firm run by short-seller Nathan Anderson — published a 100-page report accusing the Adani Group, a conglomerate founded by Indian businessman Guatam ...
Struggling Indian infrastructure heavyweight Adani 5125991.45%increase; green up pointing triangle Group hasn’t tipped over any other large dominoes yet. But another sprawling Indian ...
Representatives for Indian billionaire Gautam Adani and his companies met Trump administration officials about dismissing the criminal charges levied against him in an overseas bribery probe ...
Gautam Adani has had a good start to 2024. After a tumultuous year, the Indian tycoon has just retaken his former position as Asia’s richest man, according to the Bloomberg Billionaires Index ...
Gautam Adani says he’ll shift control of the Adani Group to his sons and nephews in the early 2030s. Controversy over the Hindenburg short-seller attack and a DOJ bribery probe still looms.