Tag: Adani

NEW DELHI: All listed Adani group stocks ended sharply higher on Monday, amid reports that Gautam Adani's representatives met with US administration officials to seek the dismissal of criminal charges in a bribery probe. The stock of Adani Total Gas zoomed 11%, Adani Enterprises jumped 7%, Adani Green Energy rallied 6.6%, Adani Ports surged 6.3%

Adani starts getting regular payments from B'desh

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 …

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