Adani Group set to acquire 46.64% stake in ITD ... - The Economic …
WEB1 day ago · The Adani Group is set to acquire a 46.64% stake in ITD Cementation India for Rs 5,888.57 crore to enhance its civil engineering capabilities. This acquisition will trigger an open offer for an additional 26% stake. A formal announcement is expected soon.
Adani, Wilmar to Start Stake Sale in Joint Venture Next Month
WEB5 days ago · The majority owners of Adani Wilmar are planning to sell a roughly 13% interest in the company — valued at about $736 million based on Monday’s closing price - to comply with Indian securities ...
Hindenburg: The short seller that took on Gautam Adani made ... - CNN
WEBJul 2, 2024 · Eighteen months on, Adani — who has denied any wrongdoing — has largely recovered from the broadside and the tiny US short seller has revealed how much it made betting against the Indian...
Adani Enterprises - The New York Times
WEBAdani, Embattled Indian Company, Scraps $2.5 Billion Share Sale. The cancellation of the offering is a blow to the company and its billionaire owner, Gautam Adani. By Bernhard Warner
Adani suspected of fraud by selling low-grade coal as high-value …
WEBMay 21, 2024 · Adani Group passed off low-quality coal as far more expensive cleaner fuel in transactions with an Indian state power utility, according to evidence seen by the Financial Times that throws new...
Here's what happened with Adani — and what the fallout could be ... - NPR
WEBFeb 10, 2023 · The Adani Group, one of India's largest conglomerates, has lost billions in market value after being accused of fraud. The company has denied everything.
News and Stories - Adani Group
WEBAug 23, 2023 · Adani New Industries raises $394 million from Barclays and Deutsche Bank. Aug 23, 2023. Adani Group Adds Rs 50,606 Crore In Investor Wealth In A Day. Aug 23, 2023. Gautam Adani's big comeback. Aug 04, 2023. Adani’s grip on India’s economy fuels rebound after Hindenburg. Jul 31, 2023.
What's happening with Adani Group? Hindenburg's fraud claims ... - NBC News
WEBFeb 2, 2023 · Indian business tycoon Gautam Adani has lost tens of billions of dollars and his title as Asia’s richest man after short-selling firm Hindenburg accused him of fraud.
US Prosecutors Widen Investigation Into Adani Group, Focus on …
WEBMar 15, 2024 · US prosecutors have widened their probe of India’s Adani Group to focus on whether the company may have engaged in bribery as well as the conduct of the company’s billionaire founder ...
Adani: How the billionaire's empire lost $100bn in days - BBC
WEBFeb 2, 2023 · Mr Adani himself has lost $48bn of his personal wealth, and is now 16th on the Forbes real-time billionaires list. How did this happen? Less than two weeks ago, Mr Adani was the world's third...