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The Latest Breaking News from Gautam Adani

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

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

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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

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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

Markets lose ground as traders await rate decisions

Hong Kong (AFP) - Stocks mostly fell Monday as traders struggled to maintain momentum from last week's rally, though Shanghai advanced as mainland Chinese markets reopened after a week-long Lunar New Year break.

AFP

Adani fails to stem stock rout at Indian business empire

Mumbai (AFP) - Gautam Adani's vast Indian business empire lost billions more dollars in value on Monday after its rejection of claims of widespread fraud failed to reassure investors.

AFP

Asian markets lose ground as traders await rate decisions

Hong Kong (AFP) - Asian stocks mostly fell Monday as traders struggled to maintain momentum from last week's rally, though Shanghai advanced as mainland Chinese markets reopened after a week-long Lunar New Year break.

AFP

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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.”

AFP

Indian Adani empire strikes back after fraud report

Mumbai (AFP) - Stocks in several of Gautam Adani's companies clawed back on Monday some of last week's heavy losses that wiped out almost $45 billion from the Indian tycoon's vast business empire.

ABC News

Women's Premier League bids sees India hit cricket's future into the stratosphere

As the battle for emerging athletes grows ever hotter, India's latest push to grow women's cricket appears to be a winner, writes Tracey Holmes.

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.

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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.

AFP

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

AFP

Shares in India's Adani plunge 15% after fraud claims

Mumbai (AFP) - Trading in the business empire of Asia's richest man Gautam Adani was halted Friday following a 15 percent plunge in its share price, days after a US investment firm claimed it had committed "brazen" corporate fraud.

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

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