File photo of billionaire Gautam Adani | Photo Credit: Reuters Billionaire Gautam Adani-led promoter group has paid off all of the $2.15 billion loans taken pledging their shares in the conglomerate, and only debt at operating company level remains, Adani Group said seeking to assure investors of its ability to repay debt. Adani Group in […]
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An inside view of the Mangaluru International Airport. The Mangaluru airport is the first of six with the Airports Authority of India (AAI) that the Adani Group took over. | Photo Credit: Special Arrangement India’s Adani Airports, part of billionaire Gautam Adani’s conglomerate, will bid for more airports in the country in its ambition to […]
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Adani Group Chairman Gautam Adani. | Photo Credit: Reuters Adani Group has suspended work on a ₹34,900 crore petrochemical project at Mundra in Gujarat as it focuses on resources to consolidate operations and address investor concerns following a damning report by a US-based short seller, sources said. The group’s flagship Adani Enterprises Ltd (AEL) had […]
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Proceedings of the Lok Sabha adjourned amid a ruckus over the Adani-Hindenburg issue and Congress MP Rahul Gandhi’s democracy remark during the second phase of the Budget Session of the Parliament, in New Delhi on March 16, 2023. | Photo Credit: ANI Neither side backing down, Parliament logjam runs on Both Houses of Parliament put […]
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Adani Group Chairman Gautam Adani. File | Photo Credit: ANI Embattled tycoon Gautam Adani on March 2 welcomed the Supreme Court order of a time-bound probe into allegations levelled by Hindenburg Research against his group, saying this will bring finality and truth will prevail. Shortly after a Bench headed by Chief Justice D.Y. Chandrachud passed […]
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Indian billionaire Gautam Adani. | Photo Credit: Reuters Adani Group Chairman Gautam Adani is no longer among the 25 richest billionaires in the world after his net worth dipped below $43.4 billion on February 22, according to Forbes and Bloomberg indices. The fall comes more than a month after the U.S. short-seller Hindenburg Research alleged […]
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February 14, 2023 09:47 pm | Updated February 15, 2023 09:56 am IST – MUMBAI/AHMEDABAD A model of new generation anti-radiation missile Rudram-1 is displayed at the exhibition stall of Adani Defence and Aerospace on the second day of the Aero India 2023 at Yelahanka air base in Bengaluru on February 14, 2023. | Photo […]
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A microphone of New Delhi Television is placed on a tripod along a roadside in New Delhi on August 26, 2022. | Photo Credit: Reuters NDTV has offered billionaire Gautam Adani’s group two seats on its board of directors for the pre-open offer, 29.18% shareholding, the ports-to-energy conglomerate had acquired in the broadcaster, according to […]
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Indian billionaire Gautam Adani has been named in the 16th edition of Forbes Asia’s Heroes of Philanthropy list. File. | Photo Credit: Reuters Indian billionaires Gautam Adani, Shiv Nadar, and Ashok Soota, as well as Malaysian-Indian businessman Brahmal Vasudevan and his lawyer wife Shanthi Kandiah, were named in the 16th edition of Forbes Asia’s Heroes […]
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The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad. File | Photo Credit: Reuters Billionaire Gautam Adani’s conglomerate on Friday said it will raise ₹20,000 crore in equity to fund the massive expansion at his sprawling business empire that now spans from ports […]
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