(Bloomberg) — In August, as India’s Adani Group neared the completion of its $10.5 billion purchase of two cement businesses, the conglomerate and its banks put out some particularly complicated...
Tag: Adanis
A Pandora Papers ex-banker is Adani’s man in London
On the Companies House database, which lists all registered firms in the UK, a search for “Adani” turns up 137 results. Several of these have nothing to do with Gautam Adani, the beleaguered Indian bi...
Inside the 19-Hour Meltdown That Junked Adani’s Share Sale
(Bloomberg) — A beaming Gautam Adani stood beside Israeli Prime Minister Benjamin Netanyahu on Tuesday, looking relaxed as hundreds of people gathered for the ceremonial signing at the Haifa Por...
$90 Billion Collapse of Billionaire Adani’s Empire
The break was short, very short. Accusations of fraud, stock-market manipulation and illegal practices made by the New York short-seller Hindenburg Research against Adani Group, the conglomerate of I...
Adani’s 413-Page Hindenburg Reply Aims to Calm Before Share Sale
(Bloomberg) — Gautam Adani published a 413-page rebuttal of allegations of fraud by short seller Hindenburg Research, seeking to calm potential investors before the Indian billionaire’s flagship...
Adani’s Detailed Hindenburg Reply Now Said to Be Post-Share Sale
(Bloomberg) — Adani Group will release a detailed response to allegations made by US short seller Hindenburg Research only after the completion of a new share sale that’s set to conclude on Jan....
Billionaire Adani’s Empire Loses $51 Billion in 48 Hours
Suspicion is creating chaos in the empire built by the Indian billionaire Gautam Adani, who since last year has become the richest man in Asia. Adani, 60, saw his fortune jump by more than $40 billio...
World’s Second Richest Person Gautam Adani’s Keynote Address At The Forbes Global CEO Conference 2022
Indian billionaire Gautam Adani is chairman of Ahmedabad-based conglomerate Adani Group, which has interests in ports, airports, green energy, cement, data centers and more. Recently, the 60-year-old ...