Gautam Adani

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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.…
Read More...

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,…
Read More...

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…
Read More...

Adani Group chairman Gautam Adani on Tuesday addressed shareholders at the Annual General Meeting (AGM) of Adani Enterprises, firmly dismissing allegations of fraud made against the ports-to-power conglomerate by US short-seller Hindenburg…
Read More...

The Indian Railway Catering and Tourism Corporation (IRCTC) countered Congress general secretary Jairam Ramesh’s tweet on Adani acquiring ticket platform Trainman and said it will not be a threat or a challenge to the IRCTC. Adani-owned…
Read More...

The Adani Group expanded its business activities in Sri Lanka in 2021, venturing into the port and renewable energy sectors. However, it has encountered significant challenges in establishing its presence in the renewable energy industry.…
Read More...