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Adani News

21 Nov 2024

Adani Group Denies US Bribery Charge, Says They Are Baseless

Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay over USD 250 million (about Rs 2,100 crore) bribe to Indian officials in exchange of favourable terms for solar power contracts.

21 Nov 2024

Adani US Bribery Charges Credit Negative For Group Companies, Says Moody's

The combined market valuation of all the listed firms eroded by Rs 2.45 lakh crore on Thursday as the company's stocks came massively falling on Indian bourses.

21 Nov 2024

US Bribery Case: Adani Green Energy Postpones Proposed USD Bond Offerings

Adani Chairman Gautam Adani and his accomplices have been charged by US Prosecutors with defrauding investors, hiding plan to bribe Indian officials

21 Nov 2024

Adani US Bribery Case: Congress Calls For JPC Into Adani Group Transactions

There has been no response so far from the office of Gautam Adani or others named in the indictment.

21 Nov 2024

Gautam Adani US Bribery Case: Adani Group Stocks See MASSIVE Crash

Adani Group Stocks Crash: Several Adani Company stocks nosedived, even hitting the lower circuit on November 21.

21 Nov 2024

BIG Blow To Gautam Adani, Billionaire Charged In US With Defrauding Investors

It has been alleged that Adani duped investors by concealing that his company's huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. A five-count criminal indictment has been unsealed in the United States District Court for the Eastern District of New York

04 Nov 2024

Who Is Woman Behind Adani’s Empire? Her Net Worth Will Surprise You!

Success Story: Dr Priti Adani, recognized as one of India’s most notable billionaire spouses, is the wife of Gautam Adani, the country’s second-richest individual. She serves as the Chairperson of the Adani Foundation, one of India’s largest and most impactful organizations within the non-profit sector. With a mission centred on bridging the urban-rural divide, the Adani Foundation undertakes initiatives in education, healthcare, rural development, and sustainable livelihoods. Each year, the foundation reaches over 7.3 million people across 19 states in India, making a significant difference in communities nationwide.

29 Oct 2024

Trouble Mounts Further For Gautam Adani? Sebi Slaps Show Cause Notice

Adani Power said it is in the "process of responding to the regulatory and statutory authorities providing information, responses, documents and/or clarifications, as applicable".

Adani Enterprises

17 Oct 2024

Adani Rs 4,200 Cr QIP: Quant Mutual Fund Picks Nearly Half Of Shares

The issue price for the QIP was set at Rs 2,962 per share, reflecting a 5 per cent discount from the floor price of Rs 3,117.47 per share, according to the company's exchange filing.

23 Sep 2024

Check List Of Adani-Owned Airports In India

The Adani group operates airports 7 Airports in India. Here’s the list.

16 Sep 2024

Adani Group Vehemently Denies Fake Press Releases Over Presence In Kenya

Last week, the Adani Group unequivocally rejected and denied baseless allegations regarding claims by US short-seller Hindenburg Research that Swiss authorities have frozen its funds.

14 Sep 2024

Two Terrorists shot dead in Jammu-Kashmir

14 Sep 2024

Hindenburg Report makes huge revelation on Adani Group

12 Sep 2024

Muhammad Yunus-Led Bangladesh Interim Govt To Review Adani Power Deal: Report

Indian companies like PTC India, NVVL Ltd and Semcorp Energy India, supply power to Bangladesh, other than Adani Power.

06 Sep 2024

THIS Billionaire Was Once Rejected By Mumbai College, He Built $220 Bn Empire

Gautam Adani had moved to Mumbai at age 16 and started working as a diamond sorter. And the rest is history. He turned to business and went on to build a more than $220 billion empire.

19 Aug 2024

Adani Portfolio Clocks 50% Surge In Net Profit At Rs 10,279 Cr In Q1

Adani Enterprises Ltd’s infrastructure businesses’ steadily rising contribution is playing a significant role in this growth, with EBITDA expanding by 69.98 per cent YoY, according to the company.

15 Aug 2024

MSCI Inclusion May See USD 250 mln Inflows In Adani Energy Solutions

Earlier in August, Adani Group's power transmission, distribution and smart metering company completed a USD 1 billion QIP, which has led to a significant increase in the company's free float.

Adani-Hindenburg Saga

12 Aug 2024

Adani Stocks Rebound Despite Hindenburg Report; Market Closes Flat

The Indian Rupee is expected to face slight weakening pressures due to a strengthening US Dollar and rising global crude oil prices.

Hindenburg Research

11 Aug 2024

Hindenburg Now Trains Guns On Sebi Chief Madhabi Buch

As per the Hindenburg report, Madhabi Buch and her husband first appear to have opened their account with IPE Plus Fund 1 on June 5th, 2015 in Singapore.

Hindenburg Research

10 Aug 2024

'Something Big Is Going To Happen In India': Hindenburg Research Drops Bomb

On January 24 of last year, Hindenburg Research published a report sharply criticizing the Adani Group, controlled by Gautam Adani, just before the planned share sale of Adani Enterprises.

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