Adani group companies developer to prepay $1.11 billion in loans ahead of maturity and release pledged shares in three companies amid a collapse in group shares following a report by US short-seller Hindenburg Research alleging fraud and manipulation against the promoter. The promoters of Adani Group are repaying the loan before the due date. The … Read more
Having lost $36 billion of his wealth so far in January following a plunge in company share prices in the wake of the Hindenburg report, Gautam Adani has now lost his position in the elite club of the top 10 billionaires in the world The 60-year-old Indian tycoon based in Ahmedabad now ranks 11th on … Read more
Back-to-back responses from the Adani Group with strong statements criticizing the Hindenburg report as malicious have failed to stem its stock market slide. However, Adani Enterprises, which launched its follow-on public offering (FPO) on Friday, and Adani Total Gas are audited by Shah Dhandharia & Co. In its 106-page report, Hindenburg claimed that a small … Read more
Adani Group has started efforts to start work once again in its two cement factories located in Himachal Pradesh. The Adani group had closed these factories three days after the formation of the Congress party government in Himachal Pradesh due to the ongoing dispute with the truck drivers, Indian Express reported. Adani Cement Plant closure … Read more
Adani Group and the coal empire are quite synonymous. Before, we talk about the empire let us look at coal as a dirty fossil fuel and energy source. Coal is a significant source of energy all over the world, and some major environmental impacts are associated with coal mining. Coal combustion produces several gases, such … Read more
Success is more multifaceted than any other single identity. The life of Gautam Adani, an Indian business tycoon, reveals this simple truth with great force and vitality. Gautam Adani is the richest Jain and the second richest Indian, Gautam Adani, owns the Adani Group, an Indian multinational party based in Ahmedabad, Gujarat. A book that … Read more
Ground Report | Opinion | विपक्ष हमेशा मोदी सरकार पर इस बात पर हमलावर रहता है कि उनकी सरकार से केवल देश के दो लोगों को फायदा हुआ है। वो हैं भारत के दिग्गज उद्योगपति गौतम अडाणी और मुकेश अंबानी (Adani-Ambani) अगर हाल ही में जारी हुई कुछ रिपोर्ट्स पर गौर करें तो यह बात … Read more
