Adani Group set to acquire 46.64% stake in ITD ... - The Economic …
WEB1 day ago · The Adani Group has emerged as frontrunner in the race to acquire the promoter’s 46.64% stake in ITD Cementation India to bolster its in-house civil engineering capabilities, said people aware of the matter. At current market value, a successful deal would be pegged at 5,888.57 crore ($700 million), inclusive of a fully subscribed open offer that will follow a promoter stake purchase.
Adani, Wilmar to Start Stake Sale in Joint Venture Next Month
WEB5 days ago · September 16, 2024 at 6:38 AM EDT. Save. Adani Enterprises Ltd.and Wilmar International Ltd.are expected to start the sale of a minority stake in their consumer joint venture Adani Wilmar Ltd.as ...
$2.4 billion wiped off Adani shares after Hindenburg allegations ...
WEBBENGALURU, Aug 12 (Reuters) - Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, faced another heavy share selloff on Monday after the shortseller accused the...
Adani Enterprises - The New York Times
WEBAdani, Embattled Indian Company, Scraps $2.5 Billion Share Sale. The cancellation of the offering is a blow to the company and its billionaire owner, Gautam Adani. By Bernhard Warner. DealBook ...
Adani suspected of fraud by selling low-grade coal as high-value …
WEBMay 21, 2024 · Adani Group passed off low-quality coal as far more expensive cleaner fuel in transactions with an Indian state power utility, according to evidence seen by the Financial Times that throws new...
Here's what happened with Adani — and what the fallout could be ... - NPR
WEBFeb 10, 2023 · The Adani Group, one of India's largest conglomerates, has lost billions in market value after being accused of fraud. The company has denied everything.
News and Stories - Adani Group
WEBAug 23, 2023 · Adani New Industries raises $394 million from Barclays and Deutsche Bank. Aug 23, 2023. Adani Group Adds Rs 50,606 Crore In Investor Wealth In A Day. Aug 23, 2023. Gautam Adani's big comeback. Aug 04, 2023. Adani’s grip on India’s economy fuels rebound after Hindenburg. Jul 31, 2023.
US Prosecutors Widen Investigation Into Adani Group, Focus on …
WEBMar 15, 2024 · US prosecutors have widened their probe of India’s Adani Group to focus on whether the company may have engaged in bribery as well as the conduct of the company’s billionaire founder ...
Adani Hindenburg Case Updates: SC directs Sebi to ... - Hindustan Times
WEBAdani Hindenburg case live: SC directs Sebi to complete probe within 3 months. The Supreme Court has also ordered Sebi – the country's markets regulator – to complete its investigation in the ...
Adani: How the billionaire's empire lost $100bn in days - BBC
WEBFeb 2, 2023 · Mr Adani himself has lost $48bn of his personal wealth, and is now 16th on the Forbes real-time billionaires list. How did this happen? Less than two weeks ago, Mr Adani was the world's third...