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The Latest Breaking News from Adani Group

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

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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

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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

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

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.

The Street

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…

France 24

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

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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.

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news in one place.

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The Independent UK

Adani Group mulls suing US short-seller for fraud claims

India’s Adani Group has launched a share offering for retail investors and says it is considering legal action against U.S.-based short-selling firm Hindenburg Research for allegations of stock market manipulation and accounting fraud that caused heavy selling of its stocks this week

The Guardian - AU

Afternoon Update: Protests mark ‘Invasion Day’; Indigenous voice debate rages; and Netflix crackdown on password sharing

Protesters express differing views on the Indigenous voice to parliament

The Street

Billionaire Adani Hit by Short-Seller's Fraud Allegations

The Indian executive's company faces a critical report from a firm famed for betting that stock prices will drop. His company shot right back.

Al Jazeera

Hindenburg shorts India’s Adani citing debt, accounting concerns

Concerns raised by the US-based short-seller sent shares of Adani Group’s listed firms tumbling, eroding $11bn.

The Guardian - UK

Adani Group firms lose $9bn in value amid short-seller claims

Hindenburg Research says world’s third-richest person, Gautam Adani, is pulling ‘largest con in corporate history’

Fortune

One of Wall Street’s most feared short-selling research firms just accused Asia’s richest man of a multibillion-dollar fraud

Shares of Adani Group companies plummeted after its founder was accused of “pulling the largest con in corporate history.”

The Independent UK

India's Adani Group shares plunge, hit by short-seller

India's Adani Group has protested allegations by short-selling firm Hindenburg Research that caused shares in its companies to plunge by as much as 8%

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