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India's opposition Congress party leader Rahul Gandhi, center, addresses the media on Indian businessman Gautam Adani, after Adani was indicted by U.S. prosecutors on charges he duped investors in ...
NEW DELHI (Reuters) -Gautam Adani's flagship firm called off its $2.5 billion share sale in a dramatic reversal on Wednesday as a rout sparked by a U.S. short-seller's criticisms wiped billions ...
The Adani Group is a key player in Modi’s ambition to transform India into a $5 trillion economy, said Alim Remtulla of Medley Advisors. Both men embody the “Gujarat growth model,” he said ...
[45] [46] The report accused the group of having substantial debt and being on a "precarious financial footing", causing stocks of seven listed Adani companies to fall 3-7%. The report was released ahead of Adani Enterprises' follow-on public offering, which opened on Friday, 6 pm, 27 January 2023. [47]
Adani Cement or Adani Cement Industries Limited (ACIL) is a cement company based in Gujarat, India. It was incorporated by Adani Group on June 11, 2021. [25] Adani Cement is wholly-owned subsidiary of Adani Enterprises and has not begun its business operations.
Indictment against Gautam Adani et al. is a 2024 federal indictment in the United States District Court for the Eastern District of New York. [1] Indian billionaire Gautam Adani and seven top business executives of Adani Group and its affiliates have been charged for their alleged involvement in a scheme to pay hundreds of millions of dollars in bribes to Indian government officials and to ...
Adani Group bonds dropped for a second session after the news. However, stocks in the conglomerates' companies stabilized on Friday, a day after nearly $27 billion was knocked off from the ...
User:Hatchens who only made three edits to Gautam Adani also edited the articles on Pranav Adani and Karan Adani, Gautam's son, as well as Adani Group, Adani Enterprises, Adani Green Energy, and Adani Transmission, until he was blocked in 2022 for a "general pattern (that) seems to have been to accept AfC (Articles for Creation) drafts written ...