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The Latest Breaking News from Gautam Adani

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

US stocks fall again as British pound advances

New York (AFP) - Wall Street stocks fell for a second session Thursday with analysts pointing to consolidation of earlier gains in 2023, while the British pound rallied as the Bank of England chief expressed worry over inflation.

AFP

Stocks advance as traders track earnings, takeover talk

London (AFP) - Major stock markets pushed higher Thursday as traders toasted some strong earnings as well as takeover talk, offsetting concerns about the need for more interest-rate hikes to cool strong inflation.

AFP

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Adani's links to foreign firms

Paris (AFP) - The troubled business empire of Indian tycoon Gautam Adani has links to foreign firms in a broad range of sectors including banking, energy and food.

AFP

Adani faces fresh risk as MSCI examines free float of its stocks

India's Adani Group faced fresh concerns on Thursday after financial index provider MSCI said it was reviewing the free float designation of some of its companies' securities.

Reuters

Stocks rally as traders track earnings, takeover talk

London (AFP) - Major stock markets rallied Thursday as traders toasted some strong earnings as well as takeover talk, offsetting concerns about the need for more interest-rate hikes to cool strong inflation.

AFP

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:

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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

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

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

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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.

Al Jazeera

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’.

The Street

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.

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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 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.

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.

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