Tag: gautam adani

Due to financial difficulties, Gautam Adani and Mukesh Ambani, the richest individuals in India, have both left Bloomberg's $100 billion club. (PTI)
Posted in Business

Ambani and Adani exit Bloomberg’s $100 Billion Club amid business setbacks

Reliance CMD Mukesh Ambani and Adani Group chairman Gautam Adani, two of Asia’s wealthiest individuals and India’s richest billionaires, have both left Bloomberg’s $100 billion…

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The Adani Group has denied all allegations, describing them as “baseless”. (HT PHOTO)
Posted in Business

Adani Ports withdraws from $553 million US loan deal for port terminal project in Colombo: Reports

Dec 11, 2024 12:09 PM IST As per the reports, the company said in an exchange filing it will finance the project through its internal…

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Adani Group's case against environmental activist Ben Pennings all but thrown out.(AFP)
Posted in Business

Australian judge calls parts of Adani Group claims on activist ‘embarrassing’: Report

A court in Australia has struck out a significant portion of a case filed by the Adani Group, calling some of the company’s claims as…

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US counters BJP's allegations that it's working against India
Posted in NRI News

US counters BJP’s allegations that it’s working against India | India News

NEW DELHI: The US responded to BJP’s claims that the State Department and “deep state” were working to destabilise India by targeting PM Narendra Modi…

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Gautam Adani, Chairman, Adani Group, speaks at the 51st Gem & Jewellery Awards, in Jaipur on Saturday. (ANI)
Posted in Business

Gautam Adani on US indictment: ‘Every attack makes us stronger’

Billionaire industrialist Gautam Adani on Saturday responded to allegations against him by the United States prosecutors, saying “every attack makes him stronger”. Addressing the 51st…

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The 'Adani House' corporate building in Gurgaon on November 27, 2024. (AFP)
Posted in Business

Indian banks review Adani exposure in wake of US bribery allegations

Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday, after the group’s billionaire founder…

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The US Securities and Exchange Commission (SEC) charged Gautam Adani, Sagar Adani, and Cyril Cabanes, an executive of Azure Power Global Ltd for misleading US investors, alleging a massive bribery scheme with the Indian government.(Reuters)
Posted in Business

Adani Green, Total Gas, and Power rally after group says US allegations ‘incorrect’

Adani Group companies saw shares rallying for the second day on Thursday, November 28. This comes after Adani Green said on Wednesday the allegations against…

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The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme.(Amir Cohen/Reuters)
Posted in Business

Adani Group says it lost nearly $55 billion since US indictment: Report

India’s Adani Group conglomerate said Wednesday it had suffered a staggering loss of nearly $55 billion since US corruption charges against top officials, accusations the…

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Gautam Adani, chairman of Adani Group (left) with Patrick Pouyanné, chairman and CEO of TotalEnergies. (File Photo)
Posted in Business

‘No new investments until…’: France’s TotalEnergies amid bribery charges against Adani Group

French energy giant TotalEnergies SE on Monday said it will make no new financial contribution as part of its investments in Adani group companies till…

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Indian billionaire Gautam Adani.(Reuters)
Posted in Business

Gautam Adani, nephew Sagar Adani summoned by US SEC in bribery case: ‘If you fail to respond…’ | Latest News India

Gautam Adani indicted: Gautam Adani of the Adani group and his nephew Sagar Adani have been summoned to explain their stand on the US Securities…

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