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The Latest Breaking News from Adani Ports

Adani Group shares plunge by double digits after U.S. accuses Indian billionaire Gautam Adani of bribery

Shares in Adani Enterprises, the group’s flagship company, fell by over 20%, helping erase an estimated $15 billion from Gautam Adani’s net worth.

Fortune

Adani Ports Aims To Challenge China's Seaport Dominance

Adani Ports CEO Karan Adani leads efforts to boost India's global trade presence amidst concerns about China's influence.

Top News

Israel, Hamas conflict casts shadow on ambitious economic initiatives: official

The extraordinary level of hostilities between Israel and Hamas are expected to cast a shadow on two of the major initiatives that the country has launched with India and other stakeholders

The Hindu

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What has India’s Adani Group now been accused of?

Reporters network says it has documents backing allegations that Adani used offshore tax havens to drive up share price.

Al Jazeera

Adani proposed coal ventures to sanctioned Myanmar military despite public vow to cut ties, leaked documents show

International pressure led to Adani vowing to cut ties with Myanmar's military junta in 2021. Now, leaked documents reveal how the resources giant had been privately negotiating coal ventures with the sanctioned regime leaders.

ABC News

Adani Ports starts $130 million buyback of debt securities

Adani Ports and Special Economic Zone, a group company of the beleaguered Adani Group, said on April 24 that it started a buyback programme of certain debt securities to prepay part of its loans due in 2024. Read the full story on The Hindu.

The Hindu

The Adani cloud over India

The recent set of allegations have raised questions about the tycoon’s meteoric rise and the role of regulators.

Al Jazeera

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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

Israel to Sell Haifa Port to India’s Adani Ports, Gadot Group for $1.2 Billion

Israel said on Thursday it will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders Adani Ports of India and local chemicals and logistics group Gadot for 4.1 billion shekels ($1.18 billion). Gadot and Adani made it to the end of a two-year tender process…

Asharq Al-Awsat

Bombay HC dismisses Adani Ports plea challenging disqualification by JNPA

Adani Ports have been directed to pay ₹5 lakh to Jawaharlal Nehru Port Authority, Navi Mumbai

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