Topline Indian billionaire Gautam Adani fell out of the world’s top five richest people on Friday as he fights allegations of fraud and Adani Group shares plummet following a damning report by U.S. sh...
Tag: Adani
Adani Group Stocks Plunge, Extending Rout After Hindenburg Report
(Bloomberg) — Shares of Adani Group’s companies have lost more than $30 billion in market value in less than two sessions, as a selloff sparked by US short seller Hindenburg Research’s scathing ...
Jeff Bezos Surpasses Billionaire Gautam Adani As World’s Third-Richest Person After Short Seller’s Scathing Report
Topline Indian tycoon Gautam Adani, chairman of the sprawling Indian conglomerate Adani Group, ceded the title of the world’s third-richest person to Amazon founder Jeff Bezos on Wednesday, afte...
A US research firm has accused Adani of pulling “the largest con in corporate history”
A US-based financial forensic firm has alleged that India’s Adani Group, led by the world’s third-richest person Gautam Adani, is involved in a massive and “brazen stock manipulation” and “accounting ...
Adani Effect Propels India Stocks Past Most World Markets in ‘22
(Bloomberg) — India is set to rank among this year’s best-performing major stock markets globally, overcoming concerns about higher interest rates and an economic slowdown that has mired peers. ...
Elon Musk Lose No. 1 Richest Spot; Risk Not From Adani, Bezos
Elon Musk Richest: Tesla CEO Elon Musk is potentially on the verge of losing the tag of being the world’s richest person after facing new competition. Musk retained the top spot for well over an year ...
Collective Wealth Rises To $800 Billion, Thanks To Boost From Gautam Adani, One Of The World’s Richest Tycoons
Gautam Adani Forbes Asia This story is part of Forbes’ coverage of India’s Richest 2022. See the full list here. India’s post-pandemic demand revival powered its economy to become the fifth-largest in...
This Billionaire Is Now Even Richer Than Jeff Bezos
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Who Is Gautam Adani? The Indian Billionaire Briefly Became The World’s No. 2 Wealthiest Person And Ranks Above Bezos And Gates
Topline Indian billionaire Gautam Adani briefly became the second-richest person in the world Friday, trailing only Elon Musk, and the relatively unknown infrastructure and energy mogul is now wealthi...
Elon Musk is now the only person richer than India’s Gautam Adani
Reuters Climate change likely made Pakistan’s extreme rainfall more intense -study The torrential monsoon that has submerged more than a third of Pakistan was a one in a hundred-year event likel...
Indian Billionaire Gautam Adani Scales New Heights To Become The World’s Second-Richest Person
Adani Group Chairman Gautam Adani. AP Photo/Aijaz Rahi Adani Group chairman Gautam Adani surpassed LVMH chairman and CEO Bernard Arnault Friday and is now the world’s second-richest person with ...
Indian Billionaire Gautam Adani Briefly Becomes The World’s Third-Richest Person
Gautam Shantilal Adani, founder and chairman of the Adani Group, attends a wedding reception on February 1, 2020 in New Delhi, India. Manoj Verma/Hindustan Times via Getty Images Gautam Adani was the ...
India’s Gautam Adani Becomes World’s Third-Richest person
Elon Musk-Jeff Bezos; Jeff Bezos-Elon Musk: this is the duo that has dominated the ranking of the biggest fortunes in the world for two years now. The Tesla (TSLA) co-founder and Amazon (AMZN) fo...
Adani Becomes World’s Third Richest Trailing Only Musk, Bezos
(Bloomberg) — Few outside of India had heard of Gautam Adani just a few years ago. Now the Indian businessman, a college dropout who first tried his luck as a diamond trader before turning to co...
Asia’s Richest Man, Gautam Adani, Seeks Majority Stake In India’s NDTV
Gautam Adani speaks to the media in Ahmedabad on July 21, 2009. SAM PANTHAKY/AFP via Getty Images Adani Group has mounted a bid to take a majority interest in New Delhi Television (NDTV) as the conglo...
Asia’s Richest Man, Gautam Adani, Raises $775 Million To Build India’s Largest Copper Refinery
Adani Group Chairman, Gautam Adani addresses the media in Ahmedabad on July 21, 2009. AFP via Getty Images Adani Enterprises—controlled by Gautam Adani and his family—is pushing ahead with plans to bu...
Adani Group To Acquire Holcim’s India Business In $10.5 Billion Deal
Swiss building materials manufacturer Holcim Group. Holcim Indian billionaire Gautam Adani’s company is acquiring Swiss building materials manufacturer Holcim Group’s Indian arm in a $10.5 billion dea...
Ambani, Adani in India’s green hydrogen rush but hurdles remain
Hydrogen packs a lot more punch than lithium-based batteries. India’s federal minister Nitin Gadkari (second from left) seen here launching the country’s first green hydrogen-based advance...
India’s Gautam Adani Passes Warren Buffett To Become World’s 5th Richest Person
(AP Photo/Aijaz Rahi) Gautam Adani’s incredible rise continues. The Indian infrastructure mogul became the richest Asian billionaire in history (in sheer dollar terms) earlier this month–and he’s kept...
India’s Gautam Adani Is Now Richest Asian Billionaire Ever As Fortune Jumps Past $100 Billion
Gautam Adani, the founder and chairman of the Adani Group. Hindustan Times via Getty Images After a meteoric rise in his net worth over the past two years, Indian infrastructure tycoon Gautam Adani ha...
Adani Group Receives $2 Billion Investment From Abu Dhabi For Green Energy Push
Gautam Adani, Chairman of the Adani Group. Abhijit Bhatlekar/Mint via Getty Images Abu Dhabi’s International Holding Co. (IHC) has invested $2 billion in three green energy-focused companies run by In...
Tata and Adani are queueing up to take over Anil Ambani’s debt-laden company
Anil Ambani’s debt-ridden firm Reliance Capital has evoked interest from several quarters, including the 150-year old Tata Group, coal billionaire Gautam Adani’s group, and Yes Bank. Promoted by the R...
Tata and Adani queue up to buy Anil Ambani’s Reliance Capital — Quartz India
Anil Ambani’s debt-ridden firm Reliance Capital has evoked interest from several quarters, including the 150-year old Tata Group, coal billionaire Gautam Adani’s group, and Yes Bank. Promoted by the R...
Indian Billionaire Gautam Adani Overtakes Mukesh Ambani as Asia’s Richest Person
(Bloomberg) — Gautam Adani, the Indian billionaire who turned a small commodities trading business into a conglomerate spanning ports, mines and green energy, is now Asia’s richest person. Most ...