Adani plans $13bn new investments – The Times of India
Billionaire Gautam Adani said his group is planning more than Rs 1.1 lakh crore ($12.7 billion) of new investments in India, signaling the conglomerate's focus on growing in its home…
Adani Group withdraws from further engagement in $442 million wind power project in Sri Lanka – The Times of India
In a written communication to Sri Lanka's Board of Investment (BOI) dated Wednesday, Adani expressed respect for the government's stance. The Adani Group on Thursday said that it has pulled…
Adani Enterprises net tanks 97%, stock down 3% – The Times of India
Adani Enterprises posted a sharp fall in its quarterly profit, weighed down by the coal trading unit and a foreign exchange loss, marking a tepid show in its first earnings…
‘Must be laughing in Beijing’: US indictment against Gautam Adani strategic blunder, says report – The Times of India
The US Department of Justice's (DoJ) indictment of billionaire Gautam Adani was a strategic blunder, causing the "West to shoot itself in the foot" while its rivals gained ground on…
Gautam Adani-led Adani Group appoints two US law firms, among world’s largest, to fight SEC allegations – The Times of India
On November 21, US authorities indicted Gautam Adani and associates, alleging payment of bribes. Gautam Adani-led Adani Group has hired prominent US law firms, including Kirkland & Ellis and Quinn…
Adani Group stocks rally up to 9% after Hindenburg Research announces shut down – Times of India
Adani Group stocks rallied after the US investment firm Hindenburg Research announced its closure. Hindenburg shuts down: Adani Group shares experienced significant gains of up to 9% on Thursday, January…
Adani Group bribery allegations: Chandrababu Naidu takes a step back, says no action can be taken until concrete proof – Times of India
During a press interaction, Naidu said, "We can't back out of contracts unless concrete proof is available. Adani bribery allegations: More than a month after pledging action regarding US bribery…
Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal – Times of India
Bangladesh's interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received from New Delhi,…
Ambani and Adani drop out of $100 billion club – Times of India
Reliance chairman Mukesh Ambani and Adani Group founder Gautam Adani are facing multiple threats that are hitting their businesses - and their immense personal wealth. Both Ambani and Adani have…
India’s richest men, Mukesh Ambani & Gautam Adani, drop out of elite $100 billion net worth club: Report – Times of India
Currently, both Mukesh Ambani and his contemporary Gautam Adani, are confronting various challenges. India’s richest men, Mukesh Ambani and Gautam Adani, have seen their net worth drop below the $100…
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