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The Latest Breaking News from Adani Group

Asia’s richest man battles fraud allegations

Shares in Adani Group companies fell on Wednesday after a US fund said it was shorting the Indian conglomerate’s stocks and accused companies owned by Asia’s richest man of “brazen” market manipulation and accounting fraud.

Bangkok Post

NDTV president Suparna Singh, 2 others step down over a month after Adani takeover

More than a month after the Adani Group’s takeover of NDTV, the channel’s group president Suparna Singh, Chief Strategy Officer Arijit Chatterjee, Chief Technology and Product Officer Kawaljit Singh Bedi have resigned from the television broadcasting network.

Newslaundry

Adani Group Completes Majority Acquisition Of NDTV

The Adani Group on Friday said it had acquired 27.26 per cent equity stake in NDTV from the promoters -- Prannoy Roy and Radhika Roy -- indicating that the group had acquired the majority stake in the media firm. Read on ford details:

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NDTV will be independent, with clear ‘lakshman rekha’ between management, editorial: Adani on India Today

“NDTV will be a credible, independent, global network with a clear lakshman rekha between management and editorial,” said Adani Group owner Gautam Adani, in his first television interview since his conglomerate acquired NDTV.

Newslaundry

Prannoy, Radhika Roy to sell most of their NDTV shares to Adani

Days after the Adani Group became the largest shareholder in NDTV, the network’s founders Prannoy Roy and his wife Radhika Roy have said that they will sell 27.26 percent of their remaining 32.26 percent shareholding to the conglomerate.

Newslaundry

‘It was a set-up, we were fooled’: the coal mine that ate an Indian village

The long read: In a pristine forest in central India, the multibillion-dollar mining giant Adani has razed trees – and homes – to dig more coal. How does this kind of destruction get the go-ahead?

The Guardian - UK

Adani's $900 million Indian port build restarts as villagers end protest

Construction on a $900 million port in Kerala, southern India resumed on Thursday after protesters from a mainly Christian fishing village ended a blockade of the Adani Group site.

Reuters

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Work on India's Adani port to resume after fishermen suspend protests

Construction on a $900-million port in southern India is set to resume on Thursday after mainly Christian villagers blocking the entrance to the site of the Adani Group project agreed to suspend their four-month-old protest, its leaders said.

Reuters

Who Owns Your Media: The saga of NDTV

The Adani group’s open offer for additional 26 percent shares of New Delhi Television Limited, or NDTV, that began tendering after over a month’s delay on November 22, 2022, finally came to a close yesterday. Managing to get 31.7 percent of the bid quantity, the group acquired 8.26 percent of…

Newslaundry

Indian state will proceed 'no matter what' with protest-hit Adani port-minister

India's Kerala state will proceed "no matter what" with a $900 million port project and is open to deploying federal police if needed to protect it from protesters blocking construction, a government minister told Reuters on Saturday.

Reuters

Indian coal magnate Gautam Adani goes green

Asia’s richest man, coal magnate Gautam Adani, made his vast fortune betting on coal as an energy hungry India grew swiftly after its economy was liberalized in the 1990s

The Independent UK

India’s plan to take on China as south Asia’s favourite lender

With the private sector’s help, New Delhi has stepped up spending on infrastructure in neighbouring countries

Financial Times

Hindu group hold rally for Adani port stalled by Indian fishing community

Hundreds of people from a Hindu group marched on Wednesday in support of the construction of a $900 million port in southern India, shouting slogans against a local Catholic church that is trying to stall the project.

Reuters

Hindu group to march for Adani port project in India amid Christian protests

A Hindu group close to India's ruling party will on Wednesday march in support of a $900 million port project by the Adani Group which has been stalled by Christian protesters, as tensions rise after clashes in which 80 people were injured.

Reuters

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Reuters

Protesters, police clash over Adani port in India's Kerala; over 80 hurt

More than 80 people were wounded in India as villagers protesting to halt construction of the $900-million Vizhinjam port project by India's Adani Group clashed with police in Kerala state, the latest escalation in a months-long strike.

Reuters

Indian tycoon Adani's mega port hangs in the balance as a fishing community protests

On the main road to billionaire Gautam Adani's planned Vizhinjam mega port on the southern tip of India, a shelter built by the coastal region's Christian fishing community blocks the entrance, preventing further construction.

The Hindu

State invites Adani group for discussions on way ahead for Vizhinjam project

THIRUVANANTHAPURAM

The Hindu

Tribunal sets aside TNERC’s order against Adani Group firms

The companies wanted to avail a tariff of ₹7.01 per unit from the Tamil Nadu Generation and Distribution Corporation Limited

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The Hindu

With investment promotion plans, Ashok Gehlot invites industrialists to Rajasthan

Rajasthan’s GDP has increased by ₹3 lakh crore in the past three years despite challenges, says CM at Rajasthan Summit-2022

The Hindu

Adani announces ₹65,000-cr. investment in Rajasthan

Group to set up 10,000 MW solar power capacity, expand cement plant and upgrade Jaipur airport

Bangkok Post

This Billionaire Is Now Even Richer Than Jeff Bezos

Jeff Bezos is no longer the second-richest person in the world.

The Street

Bezos Loses Title of World's Second Richest Man to Indian Billionaire

Amazon's founder and executive chairman was the world's richest man for several years before falling to second place.

Dynamite News

Forbes Billionaires List: Gautam Adani second richest man in world

The list showed Adani's total net worth at around $ 154.4 billion as of September 16. Read more on Dynamite News:

The Hindu

Gautam Adani briefly listed as world's second-richest person

Bernard Arnault and Mr. Adani traded the number two position during the day as the share prices of their companies fluctuated.

The Guardian - UK

India is quietly laying claim to economic superpower status

India recently overtook UK as the world’s fifth biggest economy – and it could be third by 2030

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