Bloomberg published a news report on last Friday (3 Feb 2023) saying that the recent Adani stock rout is raising bigger and darker questions about India’s credibility...
MUMBAI, INDIA — India’s securities regulator said Saturday that markets were stable and protected from further volatility, following a phenomenal share rout that hit the business...
by Glenda Kwek MUMBAI, INDIA — Beleaguered Indian tycoon Gautam Adani denied Friday that his rise to become Asia’s richest man — a title he has...
PARIS, FRANCE — French oil and gas major TotalEnergies said Friday its capital exposure to troubled Indian conglomerate Adani was “limited” at US$3.1 billion. Adani’s market...
MUMBAI, INDIA — Indian Finance Minister Nirmala Sitharaman said Friday her country’s markets were “well regulated” and she did not expect the controversy around tycoon Gautam...
by Glenda Kwek MUMBAI, INDIA — The market rout suffered by Indian tycoon Gautam Adani is the latest corporate scandal to plague one of the world’s...
The market losses of Adani Group exceeded US$100 billion on Thursday (2 Feb) with share prices of all its publicly listed companies crashing down. Losses across...
by Nivrita Ganguly MUMBAI, INDIA — The crisis around Indian tycoon Gautam Adani deepened Thursday with the total loss of value to his indebted empire topping...
by Nivrita Ganguly MUMBAI, INDIA — Indian industrialist Gautam Adani was until this week Asia’s richest man, with a business empire spanning coal, airports, cement and...
by Nivrita Ganguly MUMBAI, INDIA — Under-fire Indian tycoon Gautam Adani insisted Thursday that the fundamentals of his conglomerate were “strong” even as shares in its...