Adani Group Companies

Adani Group companies lose $26 billion in market value after U.S. indictment

Adani Group companies lost $26 billion in market cap on Thursday, after the U.S. alleged that founder and chairman Gautam Adani was involved in a $250 million bribery scheme.

Business - MarketWatch - 3 hours ago

Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York

Shares of India's Adani Group companies plunged after its billionaire chair Gautam Adani was indicted in a New York federal court.

Business - CNBC - 1 hour ago

Adani Group slams 'baseless' New York fraud and bribery charges

India's Adani Group has denied allegations of bribery and fraud made by U.S. authorities in relation to the group's chair Gautam Adani.

Business - CNBC - 6 hours ago

Shares in India's Adani Group plunge 20% after US bribery, fraud indictments

One of Asia’s richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight

World - ABC News - 5 hours ago

Marc Benioff is in talks to sell media company Time to Antenna Group

Benioff acquired Time in 2018 for $190 million. Early talks to sell to Antenna have centered around a price of $150 million, according to a person familiar.

Business - CNBC - November 1

Gautam Adani charged in US over alleged $250mn bribery scheme

Prosecutors accuse tycoon and others of lying to investors and offering millions in bribes to land lucrative contracts

World - Financial Times - 14 hours ago

FirstFT: Russia fires its first intercontinental ballistic missile

Also in today’s newsletter, Indian billionaire Gautam Adani charged over alleged bribery scheme and DoJ requests Google break-up

World - Financial Times - 5 hours ago

Adani begins to cut off power supplies to Bangladesh

Indian conglomerate threatens to halt flows from coal-fired plant over debt dispute

Business - Financial Times - November 3

Bangladesh staves off more Adani power cuts

Dhaka makes assurances to clear its bills after conglomerate threatened to halt electricity supplies

World - Financial Times - November 7

US fraud charges roil Adani’s empire

Plus, boutique bank PJT mints a new billionaire and Poonawalla family property purchase dispels non-dom fears

World - Financial Times - 11 hours ago

US charges Indian billionaire Adani over alleged $250m bribery scheme

The Adani Group has denied the allegations of bribery and fraud, calling them "baseless".

‘Numero uno’: US takes aim at Gautam Adani

Criminal and civil charges against Indian tycoon and associates set out alleged $265mn bribery scheme

Business - Financial Times - 3 hours ago

Adani Enterprises profit rockets on growing airports and green business

Quarterly results boost Gautam Adani’s conglomerate as it seeks to bounce back from damaging allegations

World - Financial Times - October 29

Gautam Adani takes on plan to redevelop Mumbai’s biggest slum

Locals and opposition parties denounce tycoon’s bid to rehouse 1mn people in crowded part of India’s financial capital

World - Financial Times - Yesterday

Walmart hits new highs and Target dives after earnings as rivals diverge even more

Both discounters are contending with price-conscious shoppers, but Walmart reported improving trends with discretionary merchandise.

Business - CNBC - 18 hours ago

Comcast's cable network spinoff may be a signal to the media industry for necessary change

Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.

Business - CNBC - 17 hours ago

Billionaire Gautam Adani charged in New York with massive fraud, bribery scheme

Gautam Adani and others are accused in the New York indictment of paying Indian government officials $250 million to secure solar energy supply contracts.

Business - CNBC - 15 hours ago

Billionaire Gautam Adani charged in US over alleged $250m bribery plot

Indian chair of Adani Group, worth about $85bn, accused of agreeing to pay bribes to obtain solar energy contracts. Gautam Adani, one of the world’s richest men, has been indicted in New York over ...

World - The Guardian - 18 hours ago

US Charges Gautam Adani With Fraud Over Bribery Scheme

Gautam Adani and his associates were accused of paying more than $250 million in bribes to obtain lucrative solar energy contracts.

Tech - The New York Times - 5 hours ago

U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme

Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.

Adani vs. Hindenburg: How one of India's biggest empires descended into chaos

A timeline of Adani Group headlines since the publication of Hindenburg's report.

Business - CNBC - 6 hours ago

Bribery Charges Against Gautam Adani Strike at Heart of Modi’s India

The U.S. indictment names Gautam Adani, one of India’s richest businessmen, but it points to an even bigger target: how business is done there.

Business - The New York Times - 2 hours ago

US charges Gautam Adani, one of world's richest people, with fraud

Indian businessman Gautam Adani, one of the world's richest people, was charged by the U.S. on allegations of fraud. Adani is accused of fooling investors by concealing that his company's expansive ...

Politics - The Hill - 3 hours ago

Who is Gautam Adani, the Indian billionaire charged in the US over bribery plot?

Adani, widely regarded as one of the wealthiest and most powerful men in India, has close ties to Modi’s government. Gautam Adani is widely regarded as one of the most powerful men in India, as ...

World - The Guardian - 1 hour ago

The Gift of Group Intelligence

Three reasons to embrace lessons from The Hive Mind at Work.

Business - Inc. - October 31

This Group Refuses to Stop Tracking Disinformation

Though a larger coalition of fact checkers has disbanded, a team of students and researchers at the University of Washington in Seattle is still working to document how lies online threaten to ...

Business - The New York Times - November 1

Companies brace for Tuesday: Mentions of election surge on earnings conference calls

More companies are talking publicly with investors about the presidential election than in recent cycles.

Business - CNBC - November 2

Putin anticipates growth of BRICS group of states at summit

World - Yahoo News - October 23

Investment funds circle visual effects group Technicolor

The Paris-based moviemaking tech company is holding talks over a potential sale

Business - Financial Times - October 24

Latest in Adani Group Companies