Gautam Adani: News

19 May 2023

Adani Group

Supreme Court panel gives clean chit to Adani Group

The Supreme Court-appointed panel investigating Hindenburg Research's allegations against Adani Group stated on Friday that no pricing manipulation by the conglomerate has been found at this point.

28 Apr 2023

Adani Group

Adani Group has more lenders than before: Who are they

It wasn't that long ago when US-based short-seller Hindenburg Research raised questions about Gautam Adani-led Adani Group's sky-high debt.

20 Apr 2023

Adani Group

Adani meets Sharad Pawar amid opposition's demand for JPC probe 

Gautam Adani, chairman of the Adani Group, met Nationalist Congress Party (NCP) chief Sharad Pawar at the veteran leader's residence on Thursday morning, reported PTI.

16 Apr 2023

Rahul Gandhi

Karnataka rally: Rahul Gandhi rakes up Adani issue, targets Modi   

While Congress leader Rahul Gandhi is yet to get relief in the 2019 defamation case over remarks against PM Narendra Modi's surname made in Kolar, Karnataka, he attacked the prime minister in the same city again on Sunday.

08 Apr 2023

Adani Group

Adani-Hindenburg controversy: BJP reacts to Pawar dismissing opposition's JPC demands

Bharatiya Janata Party (BJP) IT cell chief Amit Malviya on Friday reacted to Nationalist Congress Party (NCP) supremo Sharad Pawar's dismissal of the opposition's demands for a Joint Parliamentary Committee (JPC) to probe the Adani Group-Hindenburg controversy.

03 Apr 2023

Adani Group

SEBI is probing Adani Group's offshore deals: Know why

Things are not getting any easier for Adani Group. The embattled conglomerate has been on an uphill task since the damning report by Hindenburg Research.

27 Mar 2023

Adani Group

Centre hasn't intervened in Adani crisis: PM Modi's economic adviser

Prime Minister Narendra Modi-led central government has reportedly not intervened in the Adani Group's scuffle with United States (US)-based short-seller Hindenburg Research, which triggered a massive downfall in the company's shares.

24 Mar 2023

Jack Dorsey

How Jack Dorsey lost over $500mn after latest Hindenburg report 

Hindenburg Research, whose report battered the shares of Indian conglomerate Adani Group, has found a new target: Jack Dorsey's Block.

23 Mar 2023

Adani Group

Another big one: Adani slayer Hindenburg Research teases new report

United States (US)-based short-seller Hindenburg Research tweeted on Thursday that it will release a new report soon, calling it "another big one."

20 Mar 2023


Rajya Sabha adjourned again amid ruckus over Gandhi's London remarks

The ongoing clash between the Bharatiya Janata Party (BJP) and the opposition MPs continued for the sixth day on Monday, resulting in the 10th adjournment of the Rajya Sabha since the second leg of the Parliament Budget Session started.

20 Mar 2023

Adani Group

How is Adani Group fighting the Hindenburg narrative

Adani Group, the once high-flying conglomerate, has been fighting a damning report by Hindenburg Research over the past few months.

18 Mar 2023

Amit Shah

'Trust the judicial process': Amit Shah's advice on Adani-Hindenburg row

Union Home Minister Amit Shah has broken his silence on the opposition's demand to form a joint parliamentary committee to investigate the Adani Group-Hindenburg Research row.

10 Mar 2023


BJP responds to KTR's 'Adani is proxy of PM' claims

Soon after Bharat Rashtra Samithi (BRS) leader KT Rama Rao (KTR) attacked the Bharatiya Janata Party (BJP) leader and Prime Minister Narendra Modi over the Adani Group controversy at a press briefing, the BJP's Natcharaju Venkata Subhash called the BRS leader "restless" on Thursday.

04 Mar 2023

Harish Salve

Probe Hindenburg Research and those who made fortunes: Harish Salve 

Former Solicitor General of India (SGI) and senior Lawyer Harish Salve said on Friday that the primary goal of United States based short-seller Hindenburg Research's report on Adani Group was to make a profit on the misfortune of middle-class investors.

'Truth will prevail': Adani welcomes SC order on Hindenburg case

Billionaire Gautam Adani welcomed the Supreme Court's order on the Adani Group-Hindenburg Research case on Thursday.

24 Feb 2023

Adani Group

Adani Group to conduct roadshow in Asia to appease investors

Investor confidence in Adani Group stocks and bonds is at an all-time low following a damning report by Hindenburg Research.

23 Feb 2023

Adani Group

Gautam Adani is no longer among the world's 25 richest

Gautam Adani was once the second richest man alive on the planet. Now, he is not among the 25 richest billionaires in the world.

21 Feb 2023

Elon Musk

#NewsBytesExplainer: Billionaires who lost their fortune in the recent past

From Elon Musk losing $100 billion in a single calendar year to Sam Bankman-Fried's personal wealth being completely wiped out, the past year has been chaotic for some of the world's richest.

18 Feb 2023

S Jaishankar

EAM Jaishankar attacks George Soros for remarks against PM Modi

Days after George Soros claimed the ongoing Adani Group controversy would significantly weaken PM Narendra Modi's "stranglehold on India's federal government," External Affairs Minister (EAM) S Jaishankar tore into the billionaire investor on Saturday.

SEBI probing Hindenburg allegations on Adani Group: Centre tells SC

Market regulator Securities Exchange Board of India (SEBI) is looking into Hindenburg Research's fraud and stock manipulation allegations against Adani Group, Solicitor General Tushar Mehta informed the Supreme Court on Monday.

Adani-Hindenburg row: Pleas in SC on 'conspiracy to defame India'

The Supreme Court on Friday will hear two pleas seeking the constitution of a panel headed by a retired SC judge to probe the "conspiracy" by short-seller Hindenburg Research against Adani Group.

08 Feb 2023

Rahul Gandhi

Parliament: Rahul Gandhi's remarks on PM Modi, Adani expunged

The clash between the government and the Opposition in Parliament continued on Wednesday with the ruling Bharatiya Janata Party (BJP) demanding action against Congress MP Rahul Gandhi for his "objectionable" comments.

08 Feb 2023

Congress Party

Adani-Hindenburg row: BJP MP seeks moving privilege motion against Gandhi

Bharatiya Janata Party (BJP) leader and MP Nishikant Dubey on Wednesday wrote to Lok Sabha Speaker Om Birla to move a breach of privilege motion notice against Congress's Rahul Gandhi.

07 Feb 2023

Rahul Gandhi

What's Adani's relation with PM Modi: Rahul Gandhi in Parliament

Underlining billionaire Gautam Adani's meteoric rise over the last eight years under Prime Minister Narendra Modi's rule, Congress MP Rahul Gandhi, in his address in Lok Sabha, questioned the relationship between the two.

06 Feb 2023

Adani Group

Adani Group to prepay loans and reduce capex

Adani Group is in damage control mode after a damning report by Hindenburg Research led to its listed companies losing over half their value.

04 Feb 2023

Nirmala Sitharaman

Regulators monitoring Adani-Hindenburg crisis, FPO pullout hardly impacted economy: Sitharaman

Union Finance Minister Nirmala Sitharaman on Saturday said that market regulators are independently monitoring the crisis around Adani Group, which is facing allegations of stock manipulation and accounting fraud.

03 Feb 2023

Adani Group

Adani Group's meltdown: Lenders, stock exchanges put conglomerate on notice

Gautam Adani's business empire is in the midst of a meltdown, the scale of which no one could have predicted.

02 Feb 2023

Adani Group

RBI is looking into Indian banks' exposure to Adani Group

As Adani Group companies nosedive in the stock market, the Reserve Bank of India (RBI) has stepped in to measure the exposure of Indian banks to the conglomerate.

02 Feb 2023


Ruckus in Parliament as Opposition demands discussion on Adani-Hindenburg row

Proceedings in the Lok Sabha and Rajya Sabha were adjourned till 2 pm on Thursday after the Opposition kicked up a storm, demanding discussion on the risk to Indian investors in view of the diminishing value of Adani Group's shares following allegations of fraud leveled by US-based Hindenburg Research.

01 Feb 2023

Adani Group

Adani Enterprises calls off FPO, will return investors' money

In an unexpected but not surprising move, Adani Enterprises has called off its fully-subscribed Rs. 20,000 crore follow-on public offer (FPO). The decision was taken at a meeting of its board of directors.

31 Jan 2023

Adani Group

Gautam Adani is no longer among world's top 10 richest

Hindenburg Research's damning report on the Adani Group has affected Gautam Adani's personal wealth as well. The Indian business tycoon saw his wealth decline by $34.6 billion since the report was published.

Hindenburg report under evaluation, Adani Group would be questioned: LIC

Life Insurance Corporation (LIC) on Monday said that the Adani Group's response to the US-based short-seller Hindenburg Research's criticism was under evaluation and the group's management would be questioned soon, Reuters reported.

30 Jan 2023

Adani Group

Hindenburg to Adani: Fraud cannot be obfuscated by nationalism

The back and forth between Hindenburg Research and Adani Group continues. Hours after the Indian conglomerate released a detailed rebuttal against allegations of stock manipulation and accounting fraud by Hindenburg, the US-based short seller responded by saying, "fraud is fraud."

27 Jan 2023

Adani Group

SEBI increases scrutiny of Adani Group's deals after Hindenburg report

Hindenburg Research's report on Adani Group hasn't gone unnoticed in India. The Securities and Exchange Board of India (SEBI) might use the report for its own investigation into the conglomerate's offshore fund holdings, as per Reuters.

26 Jan 2023

Adani Group

Adani Group mulling legal action against Hindenburg over 'malicious' accusations

Adani Group, led by Asia's richest man Gautam Adani, is exploring legal action against Hindenburg Research after the US-based short-seller accused the conglomerate of stock manipulation and accounting fraud.

18 Jan 2023

Adani Group

Adani Enterprises files papers for India's largest FPO: Key facts

Adani Enterprises has filed papers for a follow-on public offer (FPO) with the Securities and Exchange Board of India (SEBI). The company aims to raise a whopping Rs. 20,000 crore through the FPO.

16 Jan 2023


India's 100 richest can fund country's 18-month Union Budget: Oxfam

India is suffering from growing "wealth inequality" as billionaires continue to witness their wealth surge, as per Oxfam International's latest "Survival of the Richest" report.

19 Dec 2022

Adani Group

Gautam Adani is 2022's biggest gainer. What fueled his growth

The year 2022 hasn't been a blockbuster for businesses around the world. Despite that, Indian billionaires have had a stellar year so far.

30 Nov 2022

Prannoy Roy

Directors Prannoy, Radhika Roy resign from NDTV's promoter company 'RRPR'

New Delhi Television (NDTV) founders Radhika Roy and Prannoy Roy have resigned as directors of the board of RRPR Holdings Private Limited (RRPRH) with immediate effect, the company said in a regulatory filing late on Tuesday.

29 Nov 2022

Mukesh Ambani

India's 100 richest amassed $25bn more wealth in 2022: Forbes

While the rupee has weakened, raising concerns of inflation and looming recession for the rest of the Indians, it has seemingly no effect on the country's richest bunch.

23 Nov 2022

Adani Ports

Kerala: Adani's Vizhinjam mega port project stalled as fisherfolk protest

A shelter built by protesting fisherfolk has been hindering the construction of billionaire Gautam Adani's mega port in the Vizhinjam region of Thiruvananthapuram, Kerala.

12 Nov 2022

Adani Group

Adani Group opens offer to buy additional 26% NDTV stake

The Adani Group officially confirmed on Friday that its open offer to buy an additional 26% public shareholding in the NDTV, one of the leading news networks in the country, would open for subscription between November 22 and December 5.

21 Oct 2022

Shiv Nadar

India's most generous: Shiv Nadar at first, Azim Premji second

Who among India's richest were the most generous last year? The EdelGive Hurun India Philanthropy List 2022 answers this question.

19 Sep 2022


Adani Group now India's most valued conglomerate; beats Tata Group

Gautam Adani-led Adani Group has surpassed Tata Group to become India's most valuable conglomerate with an overall market capitalization of over Rs. 22 lakh crore on the Bombay Stock Exchange.

16 Sep 2022

Adani Group

Gautam Adani becomes world's second richest man, but momentarily: Forbes

Indian billionaire and the chief of one of the nation's biggest conglomerates Gautam Adani became the world's second richest person on Friday, but momentarily.

30 Aug 2022

Mukesh Ambani

Gautam Adani is first Asian to become world's third richest

Indian billionaire Gautam Adani is on a roll. The 60-year-old businessman has become the world's third richest person by overtaking French mogul Bernard Arnault as per the Bloomberg Billionaires Index.

30 Aug 2022

Bill Gates

Adani surpasses LVMH co-founder, becomes world's third-richest with $137.4B fortune

Gautam Adani, the founder and chairman of Adani Group, has become the world's third-richest person, with a fortune of $137.4B, as per the Bloomberg Billionaires Index.

17 May 2022

Adani Group

Adani Group acquires Holcim's stake in Ambuja, ACC for $10.5bn

Swiss cement giant Holcim has decided to exit India by selling its business in the country to Gautam Adani-led conglomerate for $10.5 billion.

26 Apr 2022


Gautam Adani becomes world's 5th richest person, surpasses Warren Buffett

Gautam Adani, Chairman of Adani Group, has become the fifth-richest person in the world, topping legendary investor and Berkshire Hathaway CEO Warren Buffett, as per Forbes.

03 Apr 2022

Mukesh Ambani

Gautam Adani joins $100 billion club, surpasses Mukesh Ambani

Gautam Adani, chairman of Adani Group, is the latest member of the $100 billion club, surpassing Reliance Industries chairman Mukesh Ambani to become India's wealthiest man, according to Bloomberg's Billionaires Index.

17 Mar 2022

Mukesh Ambani

At $49 billion, Adani's wealth jumped the most in 2021

Gautam Adani, the second-richest person in India and Asia, increased his wealth by $49 billion last year, according to the 2022 M3M Hurun Global Rich List.

08 Feb 2022

Mukesh Ambani

Gautam Adani overtakes Mukesh Ambani as Asia's richest person

Gautam Adani, Indian billionaire and the chairperson of the Adani Group, has become the richest person in Asia, according to figures from the Bloomberg Billionaires Index.

21 Sep 2021


Gautam Adani defends India's handling of COVID-19

Amid talk of his infrastructure conglomerate venturing into the media space, billionaire Gautam Adani on Tuesday said media coverage cannot be biased under the garb of press freedom and criticism should not be at the cost of national dignity.

07 Jul 2021

Mukesh Ambani

Ambani, Adani to turn competitors over green energy domination

Reliance Industries Limited's renewed interest in green energy may lead to a high-profile corporate face-off between two of India's richest men: RIL's Mukesh Ambani and fellow billionaire Gautam Adani.

26 Feb 2018

Narendra Modi

UP investors Summit 2018: Will Yogi create history?

The recently-concluded UP's Investor Summit was a glitzy marketing spectacle. What's more, industrialists promised investments worth Rs. 4.28Lcr by signing about 1,045 MoUs.

18 Dec 2017


Controversial Carmichael project: Adani cancels A$2bn contract with Australia's Downer

Indian multinational conglomerate Adani Group has parted ways with Australian mining company Downer, terminating an A$2billion ($1.5billion) contract for the proposed, controversial $16.5billion Carmichael coal mine project in Australia's Queensland.