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Feb 2, 2023 · Indian business tycoon Gautam Adani has lost tens of billions of dollars and his title as Asia’s richest man after short-selling firm Hindenburg accused him of fraud.
Feb 10, 2023 · The Adani Group is one of India's largest conglomerates, and it recently lost tens of billions of dollars in market value. An American investing group called Hindenburg Research accused the...
Jan 30, 2023 · At the center of the debate is a report published by Hindenburg Research, which has accused Adani Group of stock manipulation, improper use of tax havens and money laundering. It has also raised concerns about the group's mounting debts.
Feb 4, 2023 · On Wednesday, Adani Enterprises abruptly abandoned a $2.5 billion deal to sell shares, just 24 hours after it was sealed. Stocks of most Adani Group companies slumped again on Friday....
Feb 7, 2023 · The group already has total debt of nearly two trillion rupees ($24bn; £20bn) - it almost doubled over the past three years as Mr Adani's ambitions extended to areas such as 5G and green hydrogen ...
Feb 9, 2023 · Indian billionaire Gautam Adani saw his net worth rapidly plummet after accusations of fraud triggered a steep drop in stock prices for his group of companies, Adani Group.
Jan 3, 2024 · NEW DELHI/MUMBAI, Aug 12 (Reuters) - An 18-month battle between Hindenburg Research and India's Adani Group has taken a fresh turn with the U.S. based short-seller alleging over the weekend that...
Feb 2, 2023 · Mr Adani himself has lost $48bn of his personal wealth, and is now 16th on the Forbes real-time billionaires list. How did this happen? Less than two weeks ago, Mr Adani was the world's third...
Aug 31, 2023 · India's Adani Group is facing a fresh controversy after a new report says it used "opaque" funds to bypass rules that prevent share price manipulation. The report alleges the group...
Jan 27, 2023 · Adani Enterprises, the group’s flagship company, plunged nearly 20 percent over the day’s trading in Mumbai, briefly triggering an automatic trading halt, before recovering slightly to close...
