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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 ...
Adani’s net worth shot up about 2,000% in recent years as share prices for his listed companies soared. ... U.S.-based Hindenburg accused Adani companies of stock price manipulation and fraud ...
On Monday, most Adani-backed stocks pared gains from early trade, with Adani Energy Solutions reversing course to trade down about 2%. Eight of 10 Adani stocks were trading in the green at 0643 GMT.
Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad.Founded by Gautam Adani in 1988 as a commodity trading business, the Group's businesses include sea and airport management, electricity generation and transmission, mining, natural gas, food, weapons, and infrastructure. [12]
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 Cement is wholly-owned subsidiary of Adani Enterprises and has not begun its business operations. [ 32 ] [ 33 ] It was reported in June 2021 that the Adani Group planned to set up a cement plant in Maharashtra which will have an initial capacity of 5-Million tonnes per annum with an approximate investment of ₹900-1,000 crore. [ 34 ]
The reversal of the Chevron doctrine "may make deregulation under the new Trump administration less robust than markets expect," Barry Gilbert said. ... Why a recent Supreme Court decision could ...
NEW YORK (Reuters) -Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over his role in an alleged ...