Adani Group

Indian regulator reassures investors after Adani rout

MUMBAI, INDIA — India’s securities regulator said Saturday that markets were stable and protected from further volatility, following a phenomenal…

India’s Adani denies rise due to Modi as shares fall again

by Glenda Kwek MUMBAI, INDIA — Beleaguered Indian tycoon Gautam Adani denied Friday that his rise to become Asia’s richest…

TotalEnergies says Adani exposure ‘limited’ at US$3.1 bn

PARIS, FRANCE — French oil and gas major TotalEnergies said Friday its capital exposure to troubled Indian conglomerate Adani was…

India’s finance minister says markets ‘well regulated’ after Adani storm

MUMBAI, INDIA — Indian Finance Minister Nirmala Sitharaman said Friday her country’s markets were “well regulated” and she did not…

Adani turmoil a key test for Modi’s India Inc

by Glenda Kwek MUMBAI, INDIA — The market rout suffered by Indian tycoon Gautam Adani is the latest corporate scandal…

Adani’s brother runs SG company and registers as director with local ID

The market losses of Adani Group exceeded US$100 billion on Thursday (2 Feb) with share prices of all its publicly…

India’s Adani empire loses more than US$100 bn after fraud claims

by Nivrita Ganguly MUMBAI, INDIA — The crisis around Indian tycoon Gautam Adani deepened Thursday with the total loss of…

Gautam Adani: the Indian tycoon weathering stock market panic

by Nivrita Ganguly MUMBAI, INDIA — Indian industrialist Gautam Adani was until this week Asia’s richest man, with a business…

India’s Adani shares plunge again after stock sale cancelled

by Nivrita Ganguly MUMBAI, INDIA — Under-fire Indian tycoon Gautam Adani insisted Thursday that the fundamentals of his conglomerate were…

India’s Adani group cancels share sale as price nosedives further

by Nivrita Ganguly Mumbai, India — India’s beleaguered Adani group cancelled a US$2.5 billion share sale Wednesday, with the embattled…