Tag: Adani
Indicted for corruption in the United States, Indian tycoon Gautam Adani in turmoil – L’Express
The leader of the Indian opposition Rahul Gandhi demanded Thursday, November 21, the arrest of energy magnate Gautam Adani, indicted for corruption in the United States and whose conglomerate fell…
India: Financial regulator chief rejects accusations of bias in Adani scandal
In India, the Adani affair is rebounding. In January 2023, the leaders of this Indian family conglomerate close to power were accused of stock market manipulation and massive tax fraud…
Indian tycoon Gautam Adani denounces the “maliciousness” of the report by the American fund Hindenburg Research
Hindenburg Research is the name of this American financial company feared by all large companies. Their latest victim, the Indian giant Adani, lost 68 billion dollars last January in the…
Supreme Court to investigate Adani case
One of the largest Indian groups, owned by Gautam Adani, the richest man in Asia, has been in the hot seat since the accusations of corruption revealed by Hindenburg Research.…
Tokyo closes down, focus on the Adani group continues
(Tiper Stock Exchange) – Weak session for most Asian markets, on a day devoid of macroeconomic data and significant insights. Investors are bracing themselves for a week of crucial data,…
Adani: S&P, Moody’s and Fitch left ratings unchanged
(Tiper Stock Exchange) – S&P has downgraded the rating outlook to “negative”. of some companies Adani Groupthe Indian multinational conglomerate that saw its capitalization plummet after US short seller Hindenburg…
Adani scandal: how the Indian colossus lost 100 billion dollars in less than 10 days
One of India’s largest conglomerates is rocked by a scandal from which it will not emerge unscathed. Accused of fraud by an American investment company, the action of the Adani…
Indian corporate giant Adani in swing
“When the market stabilizes, we will review our capital markets strategy,” said billionaire and founder Gautam Adani in a video message to investors, according to Bloomberg. The statement comes after…
Adani Enterprises stock continues to plunge
Another dark day for Gautam Adani. Adani Enterprises, the flagship of the Indian tycoon conglomerate, fell on Wednesday by nearly 30% on the Bombay Stock Exchange. A dip that marks…
Adani scandal: TotalEnergies splashed by the “biggest scam in history”
“It’s FTX to the power of 10, worse than Enron in 2001”, blows a slightly worried banker. Among the biggest frauds in history, the Adani affair could well rise to…