Adani

NEW YORK — 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 multibillion-dollar bribery and fraud scheme, US prosecutors said on Wednesday (Nov 20). Authorities said Adani and seven other defendants, including his nephew Sagar

"He was earning well in the diamond industry, but Gautam was not interested in that. He had ambitions to enter the infrastructure sector. He had good relations with Gujarat Chief Minister Chimanbhai Patel and had submitted a proposal to develop a port at Mund…

LIC's total equity investment value in Adani Group is Rs 30,127 crore, less than 1% of its total book value as per the disclosures made to the exchanges. The investments were at once on the edge of a notional loss following a steep correction in share prices …

Indian billionaire Gautam Adani's rapid downfall has sparked renewed scrutiny on the tycoon's close ties with India's Prime Minister Narendra Modi.Punit Paranjpe | Afp...

© Reuters. FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023. REUTERS/Amit Dave (Reuters) -Adani Enterprises Ltd has shelved a plan to raise as much as 10 billion Indian rupees ($121.65 million), Bloomberg News reported on Saturday. The

Shares of Indian firm Adani Enterprises sank nearly 20% on Friday after a scathing report by a U.S...