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The Latest Breaking News from Adani Group

$90 Billion Collapse of Billionaire Adani's Empire

The Indian tycoon's conglomerate is being routed on the stock market, and where it ends is unclear.

The Street

What is Hindenburg Research, firm accusing Adani of fraud?

Hindenburg Research is a financial research firm with an explosive name and a track record of sending the stock prices of its targets tumbling

The Independent UK

Indian regulator looking into $86 billion Adani share wipeout

India's market regulator is examining a rout in the shares of billionaire Gautam Adani's companies, a source with direct knowledge told Reuters, as the losses triggered by a scathing U.S. short-seller report ballooned on Wednesday to $86 billion.

Reuters

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Who is Gautam Adani? Asia's richest man is losing billions, fast

A history of financial fraud accusations may be catching up to India's biggest industrialist.

Fortune

Gautam Adani falls out of world top 10 rich list as his companies’ shares slide

Abu Dhabi fund’s $400m investment in Indian group fails to stop fall in value after fraud allegations

The Guardian - AU

Struggling Billionaire Gautam Adani Scores Crucial Victory

The empire of Asia's richest man's is facing fraud allegations from a short-seller. These caused a market rout of the shares of the group's entities.

The Street

Large investors pull Adani's $2.5 bn share sale through after stock rout

Mumbai (AFP) - Adani Group's ambitious share sale exceeded its subscription targets Tuesday in a relief for the Indian conglomerate, which is reeling from allegations of "brazen" corporate fraud that wiped more than $65 billion off its value.

AFP

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Adani $2.5B share sale pushes through amid fraud claims

The closely watched $2.5 billion share sale launched by Asia’s richest man, Gautam Adani, has been fully subscribed, bucking expectations after a turbulent week in which the conglomerate’s shares plunged in a tussle with a U.S. short-seller

The Independent UK

Nidhi Razdan quits NDTV, 3 days after Sreenivasan Jain’s exit

Nidhi Razdan has resigned as the executive editor of NDTV, three days after her colleague Sreenivasan Jain announced that his three-decade journey with the channel had come to an end.

Newslaundry

Richest Asian, Adani, targeted in $68B stock market rout

Asia’s richest man, Gautam Adani, has seen his companies shed $68 billion in market value in the past week after short-selling firm Hindenburg Research accused him of “pulling the largest con in corporate history.”

The Independent UK

Gautam Adani clings to position as world's richest Asian after Hindenburg report

The Adani stock rout is so bad that it's even knocked India out of the world's top five largest equity markets.

Fortune

Adani shares tumble again amid fraud claims

MUMBAI: Investors dumped more Adani shares on Tuesday, deepening the carnage at India's biggest conglomerate which has already lost around $70 billion in value after allegations of "brazen" corporate fraud.

Bangkok Post

Adani empire tumbles again with stock sale hanging in the balance

Mumbai (AFP) - Investors dumped more Adani shares on Tuesday, deepening the carnage at India's biggest conglomerate which has already lost around $70 billion in value after allegations of "brazen" corporate fraud.

AFP

Billionaire Gautam Adani Calls on India for Help to Save His Empire

Adani and his companies are facing accusations of fraud from a New York short-seller, threatening the group's shares and his fortune.

The Street

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The Street

Asia's Richest Man's Stock Market Bloodbath Continues

Indian billionaire Gautam Adani sees his conglomerate lose tens of billions of dollars in three trading sessions.

The Street

How Tech Earnings Set the Tone For Investors This Week

Wall Street is preparing for the Federal Reserve's decision later this week and also gearing up for a busy week for tech earnings. Here's what to watch on TheStreet Today

The Street

Stocks Lower, Big Tech Earnings, Fed Rate Decision, Adani Group, Eagles & Chiefs - Five Things To Know

Stock futures lower as markets face headline risk gauntlet; Week Ahead: Fed decision, big tech earnings, jobs in focus; Adani group hits back at Hindenburg short report; Renault and Nissan overhaul alliance, putting carmakers on equal terms and Philadelphia eagles favored over Kansas City Chiefs in super bowl LVII.

France 24

Mining group Rio Tinto apologises for losing radioactive capsule in Western Australia

The mining giant Rio Tinto has apologised after losing a radioactive capsule in Western Australia. The tiny object disappeared along a 1,400-kilometre route between a mining site and Perth. It could put any person within a 5-metre radius at risk. Local authorities have launched investigations to understand how the capsule…

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The Independent UK

Adani accuses short-seller Hindenburg of attacking India

India’s Adani Group, run by Asia’s richest man, has hit back at a report from U_S_-based short-seller Hindenburg Research, calling it “malicious”, “baseless” and full of “selective misinformation.”

The Independent UK

Asian shares mixed after last week's gains on Wall Street

Shares are trading mixed in Asia after Wall Street benchmarks closed higher on Friday, capping a third week of gains out of the last four

The Street

Billionaire Gautam Adani Loses $26 Billion

The Indian tycoon and his empire are facing allegations of fraud by an American short-seller. Their answer does not convince investors for the moment.

ABC News

Adani Group considering legal action over fraud allegations as shares plunge up to 20 per cent

Some Adani companies are suspended as heavy selling of Adani-linked shares continues to wipe billions of dollars' worth of market value.

The Street

Billionaire Adani's Empire Loses $51 Billion in 48 Hours

Asia's richest man is rocked by a U.S. short-seller's allegations of fraud and money laundering.

AFP

Fraud claims wipe $45 bn off India's Adani Group stocks

Mumbai (AFP) - Shares in the business empire of Asia's richest man Gautam Adani nosedived Friday, extending this week's losses to $45 billion, days after a US investment firm claimed it had committed "brazen" corporate fraud.

AFP

Gautam Adani: the Indian tycoon weathering stock market panic

Mumbai (AFP) - Indian industrialist Gautam Adani was until this week Asia's richest man, with a business empire spanning coal, airports, cement and media but now he has been rocked by corporate fraud allegations and a stock crash.

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