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The Latest Breaking News from Gautam Adani

Adani Row: SC To Hear Petition Seeking Probe Into Hindenburg Research Report

Supreme Court will hear on Friday a plea seeking a direction to the Centre to constitute a committee to investigate the Hindenburg Research report on Adani Group. Read further on Dynamite News:

Dynamite News

MSCI review puts India's Adani shares back in the red

Mumbai (AFP) - Global stock index compiler MSCI said it was reviewing the status of equities in India's Adani Group on Thursday, ending a brief rally for the troubled conglomerate, as it fends off allegations of market manipulation.

AFP

Modi skips the A-word, leaves Rahul Gandhi’s 5 questions unanswered

Facing a volley of allegations linked to the Adani Group controversy during the stormy budget session, Prime Minister Narendra Modi on Wednesday hit back at the opposition’s charges. But did he?

Newslaundry

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India's Modi hits back at opposition after Adani furore

New Delhi (AFP) - Indian Prime Minister Narendra Modi on Wednesday defended his record after criticism of his close association with tycoon Gautam Adani, whose business empire has been rocked by corporate fraud allegations.

AFP

It's Clear Modi Govt Is Protecting Adani : Rahul Gandhi

Congress MP Rahul Gandhi on Wednesday claimed that Prime Minister Narendra Modi was protecting industrialist Gautam Adani, adding that he wasn't satisfied with the former's reply to the Motion of Thanks to the President's address in Parliament. Read further on Dynamite News:

Dynamite News

Rahul Gandhi Alleges Adani Helped PM Modi Construct 'Resurgent Gujarat'

Congress leader Rahul Gandhi on Tuesday attacked industrialist Gautam Adani alleging he helped Prime Minister Narendra Modi to construct the idea of a "resurgent Gujarat". Read Further on Dynamite News:

Dynamite News

India's Adani inches back up after loan pledge

Mumbai (AFP) - Shares in the flagship firm of troubled Indian conglomerate Adani rose almost 15 percent Tuesday, clawing back some of its recent huge losses after saying it would repay more than $1 billion in loans.

AFP

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India's Adani Enterprises shares soar 25% after loan payment pledge

Mumbai (AFP) - Shares in the flagship firm of troubled Indian conglomerate Adani rocketed as much as 25 percent Tuesday, clawing back some of its recent huge losses, after saying it would repay more than $1 billion in loans.

AFP

India's Adani Enterprises shares rocket 25%

Mumbai (AFP) - Shares in the flagship firm of troubled Indian conglomerate Adani rocketed as much as 25 percent Tuesday, making up some of the huge slump suffered since last month.

AFP

India's Adani Enterprises shares rocket 20%

Mumbai (AFP) - Shares in the flagship firm of troubled Indian conglomerate Adani rocketed as much as 20 percent Tuesday, making up some of the huge slump suffered since last month.

AFP

Who is Gautam Adani and why is he controversial?

The Indian entrepreneur has seen his wealth plummet after a research firm accused him of ‘brazen stock manipulation’.

Al Jazeera

Indian Billionaires Defend Country After Adani Empire Debacle

Adani Group is the center of allegations of fraud and stock-price manipulation launched by the short-seller Hindenburg Research.

The Street

Billionaire Gautam Adani's Empire Continues to Burn

In two weeks Adani Group has lost more than $118 billion in market value, more than half its market capitalization.

The Street

Billionaire Gautam Adani Loses $60 Billion

The Indian tycoon drops out of the top end of the powerful club of the world's biggest fortunes.

The Street

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The Independent UK

Adani woes spur protests as stock turmoil turns political

Hundreds of demonstrators from India’s main opposition party have gathered in New Delhi and other cities to demand regulators investigate allegations of fraud and stock manipulation by India's second-biggest conglomerate, headed by coal mining tycoon Gautam Adani

AFP

Adani shares dive again as Indian opposition stages demos

Mumbai (AFP) - Investors dumped more Adani stock on Monday as India's opposition staged protests calling for a full inquiry into allegations of major accounting fraud at the country's biggest conglomerate.

Crikey

Adani crashes and burns, accused of ‘biggest con in corporate history’

Is the meteoric decimation of the fossil fuel titan a gift to our environment, or does it unwind Adani’s much-needed climate action?

Crikey

What does Adani’s downfall tell us about the Indian economy?

Concerns over the billion-dollar company have put the spotlight on the relationship between Gautam Adani and Indian Prime Minister Narendra Modi.

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The Street

BlackRock And Vanguard Hit by the Fall of Billionaire Adani's Empire

The two major U.S. institutional investors have exposure to the Adani Group conglomerate.

The Street

Two Wall Street Powerhouses Hit by the Fall of Billionaire Adani's Empire

The two major U.S. institutional investors have exposure to the Adani Group conglomerate.

inkl Originals

The Weekly Wrap for Saturday, 4 February 2023

Asia's richest man has watched a quarter of his fortune evaporate in a week. An industrial empire is teetering. And it's all because of one teeny-weeny little memo.

AFP

US jobs surge, tech concerns whiplash stocks and send dollar higher

New York (AFP) - A surge in hiring in the United States renewed worries about aggressive interest rate hikes on Friday, bolstering the dollar and whiplashing Wall Street stocks.

France 24

Adani debacle threatens fallout on India's wider economy

This week, a major upheaval hit one of India’s top business empires. Adani Group has operations in everything from coal mining to telecoms. Its seven main units were recently worth an estimated $220 billion. But a blistering report by an American investor research firm accusing the conglomerate of massive fraud…

AFP

US jobs surge, tech concerns send stocks lower, dollar higher

London (AFP) - A surge in hiring in the United States renewed worries about aggressive interest rate hikes, bolstering the dollar and sending stocks lower.

AFP

Stocks drop on tech concerns, before jobs data in US

London (AFP) - European and Asian stock markets mostly dropped Friday, hit by concerns for the US tech sector after poorly-received earnings.

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