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Adani reclaims mantle as Asia's richest 1 year after scandal: The Adani Group founder's wealth hit US$97.6 billion this week, eclipsing fellow tycoon Mukesh ...
freemalaysiatoday.com/category/business/2024/01/05/adani-reclaims-mantle-as-asias-richest-1-year-after-scandal/
Adani reclaims mantle as Asia's richest 1 year after scandal
Quick Glance: Adani Stocks: Impact on Indian Economy
  • The Hindenburg-Adani Enterprises faceoff is a reflection of the complex relationship between private capital and the Indian state.

  • The growth of Adani Group has influenced the Indian economy, raising concerns.

  • Family-controlled conglomerates dominate the business scene, potentially undermining India’s corporate governance system and regulatory structure.

  • Since the Hindenburg Research report on stock manipulation and accounting fraud on Jan. 24, the Adani Group has lost $108 billion in market value.
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An activist short-seller is making a name for itself by taking on Carl Ichan, Gautam Adani and others
cnbc.com/2024/03/19/hindenburg-research-is-making-a-name-for-itself-by-taking-on-carl-ichan-gautam-adani-and-others.html
An activist short-seller is making a name for itself by taking on Carl ...
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Billionaire Gautam Adani gave a shout-out to participants of the third edition of the Adani Green Talks, highlighting their "truly admirable" ... Show more   #AdaniGreenTalks
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Report on Adani Group overpaying for coal imports shows ‘biggest scam of modern India’: Congress
scroll.in/latest/1057562/report-on-adani-group-overpaying-for-coal-imports-shows-biggest-scam-of-modern-india-congress
Report on Adani Group overpaying for coal imports shows ‘biggest scam of ...
Quick Glance: Adani's Mysterious Coal Imports Double in Value
  • Opposition politicians in Adani's home state of Gujarat accuse the group of overcharging for electricity since 2018.

  • In its most recent financial year, IRM traded 88 million tonnes of coal.

  • Indian import data since July 2021 indicates Adani paid a total of $4.8 billion for coal sourced at substantial premiums to market prices.

  • Adani also seems to have supplied itself with unusually expensive coal.
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Adani Saga: India’s Parliament Must Step In to Protect Investors: A new report, based on a secret paper trail, documents a decade of regulatory inaction against ...
bloomberg.com/opinion/articles/2023-08-31/adani-saga-india-s-parliament-must-step-in-to-protect-investors
Adani Saga: India’s Parliament Must Step In to Protect Investors
Quick Glance: Adani Group: Secret Investors Revealed
  • Hindenberg's accusations sparked protests and caused a drop in Adani Group stocks.

  • Two men invested hundreds of millions in Adani stock through opaque funds in Mauritius.

  • These investments also appear to be coordinated with an Adani company.

  • Adani Group denies the allegations and emphasizes its position as a leading infrastructure company.
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Adani’s Green Unit Lines Up Funding to Redeem $750 Million Bond: Billionaire Gautam Adani’s renewable energy unit arranged the money to pay back its $750 million ...
trib.al/QWWmIcP
Adani’s Green Unit Lines Up Funding to Redeem $750 Million Bond
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Indian tycoon Gautam Adani is showing his industrial conglomerate retains the backing of lenders after it was the target of fraud allegations. on.ft.com/3FosRbh
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The US government concluded that short-seller Hindenburg Research's allegations of corporate fraud against billionaire Gautam Adani weren't relevant before ... Show more
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Tingo's stocks tumble amid fraud allegations: The accusations by the short-seller sent Tingo Group’s share price crashing by roughly half on Nasdaq as ...
premiumtimesng.com/news/top-news/603033-tingos-stocks-tumble-amid-fraud-allegations.html
Tingo's stocks tumble amid fraud allegations
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Adani Group rubbishes report on debt repayment concerns after shares turn red: Adani Group rubbishes report on debt repayment concerns after shares turn red
wionews.com/india-news/adani-group-rubbishes-report-on-debt-repayment-concerns-after-shares-turn-red-576886
Adani Group rubbishes report on debt repayment concerns after shares turn ...
Quick Glance: Adani shares plummet on negotiations for ACC and Ambuja debt
  • Adani Group in talks to extend $3 billion bridge loan

  • Group seeks conversion of $1 billion tranche into secured debt

  • Expansion plans for Adani Ports, Adani Enterprises, and Adani Total may face delays

  • Adani Group stocks have lost between 22% and 80% since Hindenburg report
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SEBI amended regulations to benefit Adani Group, petitioner alleges before Supreme Court
scroll.in/latest/1055803/sebi-amended-regulations-to-benefit-adani-group-petitioner-alleges-before-supreme-court
SEBI amended regulations to benefit Adani Group, petitioner alleges before ...
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What’s Short Selling and Who Is Hindenburg Research?: If you buy low then sell high, chances are you’ll be richer and everybody will be happy ...
bloomberg.com/news/articles/2023-05-11/what-s-short-selling-inside-hindenburg-research-s-strategy
What’s Short Selling and Who Is Hindenburg Research?
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Meet Jeet Adani: The younger son of billionaire Gautam Adani; know about his education, lifestyle, fiancé, net worth, and more
financialexpress.com/lifestyle/meet-jeet-adani-the-younger-son-of-billionaire-gautam-adani-know-about-his-education-lifestyle-fianc-net-worth-and-more/3223795/
Meet Jeet Adani: The younger son of billionaire Gautam Adani; know about ...
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Adani Group losses mount to over Rs 5 lakh crore as stocks continue to slide: Investor sentiments remained apprehensive for the third straight trading session ...
scroll.in/latest/1042879/adani-group-losses-mount-to-over-rs-5-lakh-crore-as-stocks-continue-to-slide
Adani Group losses mount to over Rs 5 lakh crore as stocks continue to ...
Quick Glance: Adani's market capitalization plummets to $72 billion as the Hindenburg dispute escalates
  • The Adani Group responded on Sunday by calling Hindenburg Research's report a "calculated attack against India."

  • According to Bloomberg, the Indian conglomerate Adani Group has lost nearly $72 billion in market value in three days as a public spat between Asia's richest man and a short-seller escalates.

  • On Sunday, Hindenburg fired back, saying, "fraud is fraud, even when it's perpetrated by one of the wealthiest individuals in the world."

  • The public spat between the Adani group and Hindeburg began last Tuesday, when the short-seller accused the company of stock manipulation and accounting fraud in a damning report.
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Deloitte resigns as Adani Ports auditor: The London-based firm had raised concerns about the Hindenburg report in its financial statements.
scroll.in/latest/1054233/deloitte-resigns-as-adani-ports-auditor
Deloitte resigns as Adani Ports auditor
Quick Glance: Deloitte Ends Audit of Adani Ports
  • Deloitte has resigned as the auditor of Gautam Adani's logistics unit.

  • Concerns about scrutinizing transactions within the group led to the resignation.

  • Adani Ports is India’s biggest commercial ports operator and one of Adani’s most profitable businesses.

  • Apsez has appointed MSKA & Associates, a member of international accountancy group BDO, as the new auditor.
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Modi is shell-shocked, protecting Gautam Adani by not ordering inquiry, alleges Rahul Gandhi
scroll.in/latest/1043528/modi-is-shell-shocked-protecting-gautam-adani-by-not-ordering-inquiry-alleges-rahul-gandhi
Modi is shell-shocked, protecting Gautam Adani by not ordering inquiry ...
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Adani Group: Asia's richest man hits back at 'con' allegations: Indian billionaire Gautam Adani hits back after fraud claims wipe billions off his company.
bbc.com/news/business-64408720
Adani Group: Asia's richest man hits back at 'con' allegations
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India’s Modi Deflects on Adani Links, Lashes at Opposition: Indian Prime Minister Narendra Modi continued to deflect opposition pressure over his said links with ...
bloomberg.com/news/articles/2023-02-09/modi-continues-to-deflect-on-adani-links-lashes-at-opposition
India’s Modi Deflects on Adani Links, Lashes at Opposition
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Who is Gautam Adani and why is he controversial?: The Indian entrepreneur has seen his wealth plummet after a research firm accused him of ‘brazen stock ...
aljazeera.com/economy/2023/2/6/who-is-gautam-adani-and-why-is-he-controversial
Who is Gautam Adani and why is he controversial?
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Adani Group calls off ₹20,000-crore FPO as stocks take a beating: Move comes amid growing impact of Hindenburg report raising allegations of ‘stock manipulation ...
thehindu.com/business/markets/adani-group-calls-off-20000-crore-fpo-says-will-return-money-to-investors/article66460482.ece
Adani Group calls off ₹20,000-crore FPO as stocks take a beating
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India's Gautam Adani: Asia's richest man weathering stock market panic: Shares in the business empire of Asia's richest man Gautam Adani ...
channelnewsasia.com/business/gautam-adani-india-tycoon-stock-market-corporate-fraud-allegations-hindenburg-3236291
India's Gautam Adani: Asia's richest man weathering stock market ...
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Billionaire Gautam Adani has built a vast infrastructure network across India that’s become indispensable to many. Is this grip on the country’s economy ... Show more
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Barclays Cautious With Adani Business After Hindenburg Report: For more than a decade, Barclays Plc has been the go-to bank for Indian billionaire Gautam Adani ...
bloomberg.com/news/articles/2023-07-17/adani-s-go-to-bankers-at-barclays-turn-cautious-after-hindenburg
Barclays Cautious With Adani Business After Hindenburg Report
Quick Glance: China-funded Hindenburg Report: Pro-Adani Campaign to Limit Damage
  • Coordinated posts on India's social media timelines following the Hindenburg report

  • China funding the report and targeting Adani

  • Increasing attacks on Adani due to competition with Chinese and US companies

  • The pro-Adani campaign is less intense on social media but still present
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Billionaire Gautam Adani has built a vast infrastructure network across India that’s become indispensable to many. Is this grip on the country’s economy ... Show more   trib.al/zZYMniP
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Like ‘Jallianwala Bagh’: How Adani is invoking nationalism to counter allegations of corruption
scroll.in/article/1042918/like-jallianwala-bagh-how-adani-is-invoking-nationalism-to-counter-allegations-of-corruption
Like ‘Jallianwala Bagh’: How Adani is invoking nationalism to counter ...
Quick Glance: Gautam Adani possesses a Rs 400 crore mansion and other luxury possessions.
  • Gautam Adani, the CEO of Adani Enterprise, has seen his fortunes radically change during the previous decade.

  • According to the TOI, Adani's first vehicle was a scooter, which he used to navigate the city's small bylanes.

  • However, Gautam Adani now owns not only a fleet of automobiles, but also ships and private jets.

  • Gautam Adani made a massive property investment in February 2020, just when the world was reeling from the pandemic.

  • Gautam Adani owns a BMW 7 Series Sedan.
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New ‘Lord of the Rings’ movies are in the works, Warner Bros. says | Mint: Deal to make multiple films based on J.R.R. Tolkien’s books
wsj.com/articles/new-lord-of-the-rings-movies-are-in-the-works-warner-bros-says-a4b98b43
New ‘Lord of the Rings’ movies are in the works, Warner Bros. says | Mint
Quick Glance: Warner Bros. and Embracer Group to Produce New Lord of the Rings and The Hobbit Films
  • Warner Bros. and Embracer Group announce multiyear agreement to produce new films based on The Lord of the Rings and The Hobbit.

  • New Line Cinema, the original producer of the Lord of the Rings trilogy, is also part of the deal.

  • Amazon's The Rings of Power is based on Tolkien's appendix to The Return of the King and makes only scattered references to The Silmarillion.

  • Amazon purchased the TV rights to The Lord of the Rings for $250 million and produced The Rings of Power.
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Big picture: How the Adani crash unfolded and what it could do to the Indian economy
scroll.in/article/1043147/big-picture-how-the-adani-crash-unfolded-and-what-it-could-do-to-the-indian-economy
Big picture: How the Adani crash unfolded and what it could do to the ...
Quick Glance: India vs. China: Adani sale clouds India as China reopens
  • The divestment of Adani companies has spread to the broader Indian market, raising concerns about corporate governance in the country.

  • Until recently, India was having a moment, with its stock market posting solid gains and potential investors eyeing the country as the world's new factory to replace China.

  • Nonetheless, the development has shaken investor confidence, causing a market rout, with listed Adani Group companies losing over $100 billion in market value this year.

  • However, after China emerged from on-and-off pandemic lockdowns, the Hang Seng and Shanghai Composite have recovered somewhat this year.
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Adani's market value falls below $100 billion as rout deepens still: Adani stocks have shed $136 billion in value, per Bloomberg, as the Indian conglomerate ...
markets.businessinsider.com/news/stocks/adani-stocks-fall-below-100-billion-market-value-hindenburg-2023-2
Adani's market value falls below $100 billion as rout deepens still
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Adani Group Loses $68 Billion Following Bombshell Fraud Accusations: Short sellers Hindenburg Research accused the Indian mega-conglomerate of the “largest con ...
thedailybeast.com/adani-group-loses-dollar68-billion-following-bombshell-fraud-accusations
Adani Group Loses $68 Billion Following Bombshell Fraud Accusations
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Gautam Adani net worth falls $80B this year amid Hindenburg report: The founder of Adani Group has seen his net worth tumble since short-seller Hindenburg ...
businessinsider.com/gautam-adani-net-worth-falls-80-billion-this-year-hindenburg-2023-2
Gautam Adani net worth falls $80B this year amid Hindenburg report
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‘Cheats of highest order’: Hindenburg accused of missing biggest scandal in Silicon Valley while focussing on Adani | Mint
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‘Cheats of highest order’: Hindenburg accused of missing biggest scandal ...
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Gautam Adani pulls off $2.4bn share sale despite short-seller report : Norwegian oil fund has ‘massive underweight position’ in controversial Indian group
ft.com/content/d6435e29-1da7-4d83-a3cc-ed26e32e46db
Gautam Adani pulls off $2.4bn share sale despite short-seller report
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Adani seeks to sell stake in Ambuja Cement for $450 million to reduce debt: Adani on Thursday made a formal request to international lenders to sell 4% to 5% in ...
financialexpress.com/industry/adani-seeks-to-sell-stake-in-ambuja-cement-for-450-million-to-reduce-debt/3005246/
Adani seeks to sell stake in Ambuja Cement for $450 million to reduce debt
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Jack Dorsey’s wealth tumbles $526 million after Hindenburg report: Block Inc. co-founder Jack Dorsey’s net worth was hammered after Hindenburg Research’s latest ...
deccanherald.com/business/business-news/jack-dorsey-s-wealth-tumbles-526-million-after-hindenburg-report-1203021.html
Jack Dorsey’s wealth tumbles $526 million after Hindenburg report
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US Short Seller Takes On Asia’s Richest Man After Targeting Nikola and Twitter: US short seller Hindenburg Research LLC is targeting Asia’s richest man with ...
bloomberg.com/news/articles/2023-01-25/hindenburg-s-anderson-turns-sights-on-adani-after-ev-spac-wins
US Short Seller Takes On Asia’s Richest Man After Targeting Nikola and ...
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‘Don’t waste time sending…’: Mahua Moitra jabs Adani in 'never met Ambani' tweet: Opposition leaders have accused Prime Minister Narendra Modi of protecting ...
hindustantimes.com/india-news/dont-waste-time-sending-mahua-moitra-s-fresh-salvo-at-adani-in-never-met-ambani-tweet-101675949205950.html
‘Don’t waste time sending…’: Mahua Moitra jabs Adani in 'never met Ambani' ...
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Meet Rajiv Jain, billionaire CEO who helped Adani with Rs 15,556 crore; Know about his early life, career, and net worth
financialexpress.com/lifestyle/meet-rajiv-jain-billionaire-ceo-who-helped-adani-with-rs-15556-crore-know-about-his-early-life-career-and-net-worth/3000205/
Meet Rajiv Jain, billionaire CEO who helped Adani with Rs 15 ...
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Adani Enterprises shares plunge again, to be removed from Dow Jones sustainability indices
scroll.in/latest/1043152/adani-enterprises-to-be-removed-from-dow-jones-sustainability-indices
Adani Enterprises shares plunge again, to be removed from Dow Jones ...
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Indian billionaire Gautam Adani on Wednesday lost his position as Asia’s richest person.

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Who is Gautam Adani?: India’s richest man avoids the limelight
economist.com/the-economist-explains/2023/01/31/who-is-gautam-adani
Who is Gautam Adani?
Quick Glance: Adani Loses Asia's Richest Spot as Rout Wipes Out All 2022 Gains
  • The Indian tycoon's fortune has plummeted by more than $48 billion this year, as his companies' shares have plummeted in the aftermath of a short-seller report.

  • He's fallen down the Bloomberg Billionaires Index day after day as he fought off a short seller's attack.
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Adani vs Hindenburg: What do we know so far | Mint: Hindenburg Research said evidence that the Group has engaged in a 'brazen stock manipulation and accounting ...
livemint.com/news/india/adani-vs-hindenburg-what-do-we-know-so-far-11675168608142.html
Adani vs Hindenburg: What do we know so far | Mint
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Billionaire Adani Reiterates Confidence in Governance Standards: Indian billionaire Gautam Adani reiterated that his ports-to-power conglomerate remains ...
bloomberg.com/news/articles/2023-06-27/billionaire-adani-reiterates-confidence-in-governance-standards
Billionaire Adani Reiterates Confidence in Governance Standards
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India’s Richest Man Accused of Pulling the ‘Largest Con in Corporate History’: A two-year investigation by a short seller claims Adani Group engaged in 'brazen' ...
time.com/6250052/adani-hindenburg-fraud/
India’s Richest Man Accused of Pulling the ‘Largest Con in Corporate ...
Quick Glance: Hindenburg aims for the fourth richest person with Adani short report
  • According to the Bloomberg Billionaires Index, Adani is worth $118.9 billion as of Wednesday morning, trailing Jeff Bezos' wealth of $119.6 billion.

  • Adani owns 75% of Adani Enterprises, 75% of Adani Power, and 75% of Adani Transmissions.

  • Hindenburg is currently short the Adani group and is poised to profit if its market valuation falls.

  • Adani Group companies lost a total of $12 billion in market value after Hindenburg's report was released early Wednesday morning.
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LATEST: Billionaire Gautam Adani's companies erased almost $45 billion in market value in less than two sessions, as the selloff triggered by a US short ... Show more
Adani Rout Deepens to $45 Billion, Pressuring Asia’s Richest Man: Shares of Adani Group’s companies have lost almost $45 billion in market value in less than two ...
bloomberg.com/news/articles/2023-01-27/adani-group-stocks-plunge-extend-rout-from-short-seller-report
Adani Rout Deepens to $45 Billion, Pressuring Asia’s Richest Man
Quick Glance: The involvement of Australia in "the largest con in corporate history"
  • A prominent US short-seller has targeted coal billionaire Gautam Adani's group.

  • Gautam Adani, the founder of the Adani group of companies, is a self-made billionaire who is India's richest man and the fourth wealthiest person in the world after LVMH's Bernard Arnault, Elon Musk, and Jeff Bezos.

  • It described how Carmichael Rail and Port acquired assets from publicly traded Adani Enterprises without the listed entity's knowledge, using undisclosed loans funded by Adani Enterprises.

  • This extensive report has generated enough smoke for investors to be wary of the Adani group's listed companies.
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Adani Group says it's exploring legal action against Hindenburg: Hindenburg's report sent shockwaves across the market, causing listed Adani Group companies to ...
markets.businessinsider.com/news/stocks/adani-group-legal-action-hindenburg-short-seller-2023-1
Adani Group says it's exploring legal action against Hindenburg
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Adani Enterprises Q3 expected today. What to watch out for | Mint: While the numbers may not reflect any impact of the report findings as the results are for ...
livemint.com/market/stock-market-news/adani-enterprises-q3-expected-today-what-to-watch-out-for-11676345881392.html
Adani Enterprises Q3 expected today. What to watch out for | Mint
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How Indian billionaire Gautam Adani lost half his fortune in a flash, triggering political fallout
cbc.ca/news/world/gautam-adani-adani-group-explained-1.6741087
How Indian billionaire Gautam Adani lost half his fortune in a flash ...
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Adani cut UK audit bill nearly in half by dumping Deloitte for smaller rival: Corporate filings show Adani's UK-listed group dropped its audit bill from $309 ...
markets.businessinsider.com/news/stocks/adani-cut-uk-audit-bill-dumping-deloitte-for-smaller-rival-2023-2
Adani cut UK audit bill nearly in half by dumping Deloitte for smaller ...
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Indian tycoon Gautam Adani pulls $2.5B share sale in flagship company: Adani Group's listed companies have lost more than $92 billion in market cap since ...
businessinsider.com/gautam-adani-pulls-secondary-share-sale-flagship-company-wealth-drop-2023-2
Indian tycoon Gautam Adani pulls $2.5B share sale in flagship company
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Narendra Modi Looks Likely to Weather an Indian Business Scandal: His star rose in tandem with that of Gautam Adani, but their fortunes appear to be diverging.
wsj.com/articles/narendra-modi-looks-likely-to-weather-an-indian-business-scandal-bjp-gautam-adani-gujarat-adani-group-hindenburg-fraud-53d2db08
Narendra Modi Looks Likely to Weather an Indian Business Scandal
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Hindenburg vs Adani: claim and counterclaim : US short seller’s allegations have rocked Gautam Adani’s business empire and prompted a rebuttal
ft.com/content/aa626668-5b7f-4697-9ef0-ba9b2bff5155
Hindenburg vs Adani: claim and counterclaim
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Adani group stocks surge post block deal announcement | Mint: Today is the third day when the group stocks are gaining since the Hindenburg released its report ...
livemint.com/market/stock-market-news/adani-group-stocks-surge-post-block-deal-announcement-11677821798441.html
Adani group stocks surge post block deal announcement | Mint
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India PM Modi under fire for Adani links, silence over fraud allegations: Congress, India’s main opposition party, staged protests to highlight the billionaire ...
scmp.com/news/asia/south-asia/article/3209220/indias-modi-under-fire-gautam-adani-links-silence-over-fraud-allegations
India PM Modi under fire for Adani links, silence over fraud allegations
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Hindenburg report on Adani: Some probe is better than no probe: The Supreme Court has done well to set up a committee to investigate the issues related to the ...
deccanherald.com/opinion/first-edit/hindenburg-report-on-adani-some-probe-is-better-than-no-probe-1197051.html
Hindenburg report on Adani: Some probe is better than no probe
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Adani to prepay $500 million loan to banking group amid Hindenburg row: Barclays Plc, Standard Chartered Plc and Deutsche Bank AG are among banks that lent Adani ...
hindustantimes.com/business/adani-to-prepay-500-million-loan-to-banking-group-amid-hindenburg-row-101675903018955.html
Adani to prepay $500 million loan to banking group amid Hindenburg row
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Rare footage: Watch billionaire Gautam Adani board his private jet after getting off a BMW 7 Series [Video]
cartoq.com/rare-footage-watch-billionaire-gautam-adani-board-his-private-jet-after-getting-off-a-bmw-7-series-video/
Rare footage: Watch billionaire Gautam Adani board his private jet after ...
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Adani stocks fall in India on fraud, stock manipulation claims: Asia's richest man Gautam Adani saw his net worth drop six billion dollars on Wednesday after a ...
thedailystar.net/business/news/adani-stocks-fall-india-fraud-stock-manipulation-claims-3230521
Adani stocks fall in India on fraud, stock manipulation claims
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Allegations spark protests against India's Adani Group: Protests have erupted across India against the Adani Group, one of the world's top conglomerates ...
www3.nhk.or.jp/nhkworld/en/news/20230210_46/
Allegations spark protests against India's Adani Group