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The Latest Breaking News from Gautam Adani

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

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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

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.

ABC News

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.

The Street

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.

ABC News

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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.

The Street

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 Independent UK

Afternoon Update: US investor dares Adani to sue over report; NBL pride jersey controversy; and a February events guide

US activist investor who accused Adani of ‘biggest con in corporate history’ dares Indian group to sue

The Guardian - AU

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.

The Street

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.

Al Jazeera

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.”

Fortune

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%

The Independent UK

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Bangkok Post

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.

Fortune

Oxfam echoes Bill Gates in calling for new taxes on the rich with ‘billionaire-busting policies’

More than 700 billionaires live in the United States.

Newslaundry

TV Newsance 198: When Gautam Adani met Rajat Sharma and Kashmir Files drama

Why do billionaires buy media? This week, we look at the age-old tradition of rich men and women buying and investing in the media to gain influence – Gautam Adani is only the most recent of rich Indian industrialists to have a channel of his own. Over the past few…

Dynamite News

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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Newslaundry

From 2022 to 2023: An NDTV without the Roys

At 4 pm on December 23, a meeting took place in a building in Greater Kailash 1, Delhi.

Newslaundry

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.

Al Jazeera

Why do the rich get richer — even during global crises?

Every 30 hours, the pandemic spawned a new billionaire, while pushing a million people into poverty. Here’s why.

Fortune

Mackenzie Scott wasn't the only one giving away her fortune in 2022

From Mackenzie Scott to her ex-husband Jeff Bezos, here are the people who have committed billions to charity in 2022

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.

The Guardian - UK

‘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?

Newslaundry

In rare reports on the Adani empire, a reminder of independent media’s significance

Few would have heard the name of TV journalist Govind Wakade. He works for TV18 and is based in Pune.

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