Adani suspected of fraud by selling low-grade coal as high ...
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 ... - 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.
India's Adani Group stung by fresh controversy - BBC
WEBAug 31, 2023 · India's Adani Group is facing a fresh controversy after a new report says it used "opaque" funds to bypass rules that prevent share price manipulation. The report alleges the group invested...
India's Adani crisis spills over into street protests as ...
WEBNEW DELHI, Feb 6 (Reuters) - The crisis engulfing the Adani Group intensified on Monday as hundreds of members of India's opposition parties took to the streets to press for a probe into...
US probing Adani Group and founder over potential bribery ...
WEBMarch 15 (Reuters) - The United States has widened its investigation of India's Adani Group to focus on the conduct of its founder, Gautam Adani, and whether the company may have engaged in...
Latest Adani News and Stories | Adani Group
WEBLatest Updates. Adani paves way for Brighter and Greener Mumbai, attains financial closure for its USD 1 Billion Green HVDC Transmission Link. Aug 07, 2023. Read More. ACC announces another robust quarter with YoY growth in EBITDA by 77% and 105% in PAT fuelled by volume growth and operational excellence. Aug 04, 2023. Read More.
adani enterprises share sale: Adani flagship’s $1.3 billion ...
WEB5 days ago · Gautam Adanis Adani Enterprises Ltd. plans a $1.3 billion share sale via a qualified institutional placement starting as early as Oct. 7. The move follows a short-seller's 2023 allegations of fraud, which led to a significant stock drop. The share issue aims to signal investor confidence and revive expansion efforts.
Adani trumpets stable ties to global banks in bid to ease ...
WEBNEW DELHI, April 5 (Reuters) - India's Adani group told investors that several top Japanese and European banks have reaffirmed confidence in the embattled conglomerate after it was pummeled...
Adani Flagship’s $1.3 Billion Share Sale Said to Start Next ...
WEB5 days ago · Adani Enterprises Ltd.is looking to raise about $1.3 billion through a so-called qualified institutional placement and is expected to start the process as early as the week starting Oct. 7, said ...