Gautam Adani: News
23 Feb 2023
Adani GroupGautam Adani is no longer among the world's 25 richest
Gautam Adani was once the second richest man alive on the planet. Now, he is not among the 25 richest billionaires in the world.
21 Feb 2023
Elon Musk#NewsBytesExplainer: Billionaires who lost their fortune in the recent past
From Elon Musk losing $100 billion in a single calendar year to Sam Bankman-Fried's personal wealth being completely wiped out, the past year has been chaotic for some of the world's richest.
18 Feb 2023
S JaishankarEAM Jaishankar attacks George Soros for remarks against PM Modi
Days after George Soros claimed the ongoing Adani Group controversy would significantly weaken PM Narendra Modi's "stranglehold on India's federal government," External Affairs Minister (EAM) S Jaishankar tore into the billionaire investor on Saturday.
14 Feb 2023
Securities and Exchange Board of IndiaSEBI probing Hindenburg allegations on Adani Group: Centre tells SC
Market regulator Securities Exchange Board of India (SEBI) is looking into Hindenburg Research's fraud and stock manipulation allegations against Adani Group, Solicitor General Tushar Mehta informed the Supreme Court on Monday.
09 Feb 2023
Supreme Court Of IndiaAdani-Hindenburg row: Pleas in SC on 'conspiracy to defame India'
The Supreme Court on Friday will hear two pleas seeking the constitution of a panel headed by a retired SC judge to probe the "conspiracy" by short-seller Hindenburg Research against Adani Group.
08 Feb 2023
Rahul GandhiParliament: Rahul Gandhi's remarks on PM Modi, Adani expunged
The clash between the government and the Opposition in Parliament continued on Wednesday with the ruling Bharatiya Janata Party (BJP) demanding action against Congress MP Rahul Gandhi for his "objectionable" comments.
08 Feb 2023
Congress PartyAdani-Hindenburg row: BJP MP seeks moving privilege motion against Gandhi
Bharatiya Janata Party (BJP) leader and MP Nishikant Dubey on Wednesday wrote to Lok Sabha Speaker Om Birla to move a breach of privilege motion notice against Congress's Rahul Gandhi.
07 Feb 2023
Rahul GandhiWhat's Adani's relation with PM Modi: Rahul Gandhi in Parliament
Underlining billionaire Gautam Adani's meteoric rise over the last eight years under Prime Minister Narendra Modi's rule, Congress MP Rahul Gandhi, in his address in Lok Sabha, questioned the relationship between the two.
06 Feb 2023
Adani GroupAdani Group to prepay loans and reduce capex
Adani Group is in damage control mode after a damning report by Hindenburg Research led to its listed companies losing over half their value.
04 Feb 2023
Nirmala SitharamanRegulators monitoring Adani-Hindenburg crisis, FPO pullout hardly impacted economy: Sitharaman
Union Finance Minister Nirmala Sitharaman on Saturday said that market regulators are independently monitoring the crisis around Adani Group, which is facing allegations of stock manipulation and accounting fraud.
03 Feb 2023
Adani GroupAdani Group's meltdown: Lenders, stock exchanges put conglomerate on notice
Gautam Adani's business empire is in the midst of a meltdown, the scale of which no one could have predicted.
02 Feb 2023
Adani GroupRBI is looking into Indian banks' exposure to Adani Group
As Adani Group companies nosedive in the stock market, the Reserve Bank of India (RBI) has stepped in to measure the exposure of Indian banks to the conglomerate.
02 Feb 2023
ParliamentRuckus in Parliament as Opposition demands discussion on Adani-Hindenburg row
Proceedings in the Lok Sabha and Rajya Sabha were adjourned till 2 pm on Thursday after the Opposition kicked up a storm, demanding discussion on the risk to Indian investors in view of the diminishing value of Adani Group's shares following allegations of fraud leveled by US-based Hindenburg Research.
01 Feb 2023
Adani GroupAdani Enterprises calls off FPO, will return investors' money
In an unexpected but not surprising move, Adani Enterprises has called off its fully-subscribed Rs. 20,000 crore follow-on public offer (FPO). The decision was taken at a meeting of its board of directors.
31 Jan 2023
Adani GroupGautam Adani is no longer among world's top 10 richest
Hindenburg Research's damning report on the Adani Group has affected Gautam Adani's personal wealth as well. The Indian business tycoon saw his wealth decline by $34.6 billion since the report was published.
30 Jan 2023
Life Insurance Corporation of IndiaHindenburg report under evaluation, Adani Group would be questioned: LIC
Life Insurance Corporation (LIC) on Monday said that the Adani Group's response to the US-based short-seller Hindenburg Research's criticism was under evaluation and the group's management would be questioned soon, Reuters reported.
30 Jan 2023
Adani GroupHindenburg to Adani: Fraud cannot be obfuscated by nationalism
The back and forth between Hindenburg Research and Adani Group continues. Hours after the Indian conglomerate released a detailed rebuttal against allegations of stock manipulation and accounting fraud by Hindenburg, the US-based short seller responded by saying, "fraud is fraud."
27 Jan 2023
Adani GroupSEBI increases scrutiny of Adani Group's deals after Hindenburg report
Hindenburg Research's report on Adani Group hasn't gone unnoticed in India. The Securities and Exchange Board of India (SEBI) might use the report for its own investigation into the conglomerate's offshore fund holdings, as per Reuters.
26 Jan 2023
Adani GroupAdani Group mulling legal action against Hindenburg over 'malicious' accusations
Adani Group, led by Asia's richest man Gautam Adani, is exploring legal action against Hindenburg Research after the US-based short-seller accused the conglomerate of stock manipulation and accounting fraud.
18 Jan 2023
Adani GroupAdani Enterprises files papers for India's largest FPO: Key facts
Adani Enterprises has filed papers for a follow-on public offer (FPO) with the Securities and Exchange Board of India (SEBI). The company aims to raise a whopping Rs. 20,000 crore through the FPO.
16 Jan 2023
IndiaIndia's 100 richest can fund country's 18-month Union Budget: Oxfam
India is suffering from growing "wealth inequality" as billionaires continue to witness their wealth surge, as per Oxfam International's latest "Survival of the Richest" report.
19 Dec 2022
Adani GroupGautam Adani is 2022's biggest gainer. What fueled his growth
The year 2022 hasn't been a blockbuster for businesses around the world. Despite that, Indian billionaires have had a stellar year so far.
30 Nov 2022
Prannoy RoyDirectors Prannoy, Radhika Roy resign from NDTV's promoter company 'RRPR'
New Delhi Television (NDTV) founders Radhika Roy and Prannoy Roy have resigned as directors of the board of RRPR Holdings Private Limited (RRPRH) with immediate effect, the company said in a regulatory filing late on Tuesday.
29 Nov 2022
Mukesh AmbaniIndia's 100 richest amassed $25bn more wealth in 2022: Forbes
While the rupee has weakened, raising concerns of inflation and looming recession for the rest of the Indians, it has seemingly no effect on the country's richest bunch.
23 Nov 2022
Adani PortsKerala: Adani's Vizhinjam mega port project stalled as fisherfolk protest
A shelter built by protesting fisherfolk has been hindering the construction of billionaire Gautam Adani's mega port in the Vizhinjam region of Thiruvananthapuram, Kerala.
12 Nov 2022
Adani GroupAdani Group opens offer to buy additional 26% NDTV stake
The Adani Group officially confirmed on Friday that its open offer to buy an additional 26% public shareholding in the NDTV, one of the leading news networks in the country, would open for subscription between November 22 and December 5.
21 Oct 2022
Shiv NadarIndia's most generous: Shiv Nadar at first, Azim Premji second
Who among India's richest were the most generous last year? The EdelGive Hurun India Philanthropy List 2022 answers this question.
19 Sep 2022
TataAdani Group now India's most valued conglomerate; beats Tata Group
Gautam Adani-led Adani Group has surpassed Tata Group to become India's most valuable conglomerate with an overall market capitalization of over Rs. 22 lakh crore on the Bombay Stock Exchange.
16 Sep 2022
Adani GroupGautam Adani becomes world's second richest man, but momentarily: Forbes
Indian billionaire and the chief of one of the nation's biggest conglomerates Gautam Adani became the world's second richest person on Friday, but momentarily.
30 Aug 2022
Mukesh AmbaniGautam Adani is first Asian to become world's third richest
Indian billionaire Gautam Adani is on a roll. The 60-year-old businessman has become the world's third richest person by overtaking French mogul Bernard Arnault as per the Bloomberg Billionaires Index.
30 Aug 2022
Bill GatesAdani surpasses LVMH co-founder, becomes world's third-richest with $137.4B fortune
Gautam Adani, the founder and chairman of Adani Group, has become the world's third-richest person, with a fortune of $137.4B, as per the Bloomberg Billionaires Index.
17 May 2022
Adani GroupAdani Group acquires Holcim's stake in Ambuja, ACC for $10.5bn
Swiss cement giant Holcim has decided to exit India by selling its business in the country to Gautam Adani-led conglomerate for $10.5 billion.
26 Apr 2022
ForbesGautam Adani becomes world's 5th richest person, surpasses Warren Buffett
Gautam Adani, Chairman of Adani Group, has become the fifth-richest person in the world, topping legendary investor and Berkshire Hathaway CEO Warren Buffett, as per Forbes.
03 Apr 2022
Mukesh AmbaniGautam Adani joins $100 billion club, surpasses Mukesh Ambani
Gautam Adani, chairman of Adani Group, is the latest member of the $100 billion club, surpassing Reliance Industries chairman Mukesh Ambani to become India's wealthiest man, according to Bloomberg's Billionaires Index.
17 Mar 2022
Mukesh AmbaniAt $49 billion, Adani's wealth jumped the most in 2021
Gautam Adani, the second-richest person in India and Asia, increased his wealth by $49 billion last year, according to the 2022 M3M Hurun Global Rich List.
08 Feb 2022
Mukesh AmbaniGautam Adani overtakes Mukesh Ambani as Asia's richest person
Gautam Adani, Indian billionaire and the chairperson of the Adani Group, has become the richest person in Asia, according to figures from the Bloomberg Billionaires Index.
21 Sep 2021
DelhiGautam Adani defends India's handling of COVID-19
Amid talk of his infrastructure conglomerate venturing into the media space, billionaire Gautam Adani on Tuesday said media coverage cannot be biased under the garb of press freedom and criticism should not be at the cost of national dignity.
07 Jul 2021
Mukesh AmbaniAmbani, Adani to turn competitors over green energy domination
Reliance Industries Limited's renewed interest in green energy may lead to a high-profile corporate face-off between two of India's richest men: RIL's Mukesh Ambani and fellow billionaire Gautam Adani.
26 Feb 2018
Narendra ModiUP investors Summit 2018: Will Yogi create history?
The recently-concluded UP's Investor Summit was a glitzy marketing spectacle. What's more, industrialists promised investments worth Rs. 4.28Lcr by signing about 1,045 MoUs.
18 Dec 2017
AustraliaControversial Carmichael project: Adani cancels A$2bn contract with Australia's Downer
Indian multinational conglomerate Adani Group has parted ways with Australian mining company Downer, terminating an A$2billion ($1.5billion) contract for the proposed, controversial $16.5billion Carmichael coal mine project in Australia's Queensland.
