The Latest Breaking News from Gautam Adani

The Adani Group has been hit by another storm. 

Indian opposition leader brandishes Guardian article on alleged financial violations by Adani family

Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the “mysterious” investors bought and sold Adani stock through such offshore structures.

Offshore records suggest associates of wealthy Indian family spent years acquiring stock during rise of founder to be worth $120bn

After the Hindenburg report accused the Adani Group of stock manipulation earlier this year, the conglomerate’s stocks had seen a sharp dip, and the Supreme Court had ordered a probe amid protests by opposition parties.

Narendra Modi’s tenth consecutive Independence Day speech as Indian prime minister, delivered from the Red Fort in Delhi on August 15, was long (90 minutes) and characteristically loaded with bombast. It was not the inclusive message of a statesman seeking to address a nation’s challenges and opportunities, but more of…

“Trust in Modi was not born out of newspaper headlines or through shining faces on TV. I have given my life, every moment, for the people of this country.”

Billionaire Gautam Adani has reiterated that the Hindenburg report was a combination of misinformation and discredited allegations, and an attempt at damaging the company's reputation and generating profits through a short-term drive-down of our stock prices

On the sidelines of the World Economic Forum in Davos, something very unusual happened.