Gautam Adani

Billionaire industrialist Gautam Adani on Saturday responded to allegations against him by the United States prosecutors, saying “every attack makes him stronger” Addressing the 51st Gem and Jewellery Awards in Jaipur, the Adani Group…
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The Adani Group on Wednesday said its chairman and billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the United States Foreign Corrupt Practices Act (FCPA) in the bribery case indictment filed…
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Dollar bond prices of Adani Group companies dropped significantly in early Asian trading on Thursday, November 21, following the indictment of the conglomerate's billionaire chairman, Gautam Adani, in New York on charges of bribery and…
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The Adani Group rejected and denied “baseless allegations” over reports concerning freezing of some funds in Swiss bank accounts. In a post on X (formerly Twitter), US-based short seller Hindenburg Research cited a news report by Swiss…
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Adani Enterprises issued a clarification after media reports on Gautam Adani’s succession plan. The company said that group’s chairman Gautam Adani “has been misquoted concerning heirs and equal beneficial interest in the family trust.” In…
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Adani Group chairman Gautam Adani is planning to step down at the age of 70, he said. The 62-year-old will shift control to his sons in the early 2030s, Bloomberg News reported quoting him in an interview. Talking about his succession…
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United States-based short-seller Hindenburg Research on Monday claimed that it has received a ‘show cause’ notice, outlining suspected violations over its short bet against Adani Group last year. Hindenburg Research, which had accused…
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The Adani Ports and Special Economic Zone (APSEZ) on Wednesday elevated chief executive officer (CEO) Karan Adani as the company’s new managing director. His father Gautam Adani has been re-designated as the company’s executive chairman.…
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Billionaire Gautam Adani witnessed the biggest wealth loss in India in 2023, losing over 30 per cent of his net worth due to the Hindenburg report released on his organisation. However, the businessman paved a path towards quick recovery,…
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Indian billionaire Gautam Adani’s net worth increased by 5.6 billion dollars ( ₹46,663 crore) last week due to the good performance of Adani Group companies’ stocks. This comes nearly a year after he lost a substantial chunk of his net…
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