India's Adani Group has lost nearly US$55 billion in market value after a US indictment accused founder Gautam Adani of fraud. The conglomerate denies the charges,...
Indian tycoon Gautam Adani denies fraud accusations against his group, calling them a deliberate attempt to damage its reputation.
Global stock index compiler MSCI has removed Adani Total Gas and Adani Transmission from its India index due to their failure to meet market capitalization requirements....
by Glenda Kwek MUMBAI, INDIA — Indian billionaire Gautam Adani’s flagship firm returned to profit in the December quarter, earnings reports showed Tuesday, as the tycoon...
Last May, Indian state-run insurance company, Life Insurance Corporation (LIC) of India, went public. Among the investors who had subscribed to its shares included Singapore sovereign wealth...
Reuters reported on Monday (13 Feb) that the rout in the share prices of India’s Adani Group continued despite the group trying to assure investors that its...
OSLO, NORWAY — Norway’s US$1.2 trillion sovereign wealth fund, the world’s largest, said Thursday it has completely divested its assets in the troubled Indian conglomerate Adani....
MUMBAI, INDIA — Global stock index compiler MSCI said it was reviewing the status of equities in India’s Adani Group on Thursday, ending a brief rally...
INDIA — Indian Prime Minister Narendra Modi on Wednesday defended his record after criticism of his close association with tycoon Gautam Adani, whose business empire has...
MUMBAI, INDIA — Investors dumped more Adani stock on Monday as India’s opposition staged protests calling for a full enquiry into allegations of major accounting fraud...
