Photo: The Economic Times
Gautam Adani Claims Hindenburg Report 'A False Narrative & Baseless"
In a press release and official statement, Gautam Adani, the CEO of Adani Groups, claimed that Hindenburg report is false, and expressed confidence in the governance of Adanis. In a video, Gautam Adani said, "The Hindenburg report was a deliberate, malicious attempt at damaging Adani Group's reputation and generate profit by driving down its stocks in the short term." He addressed his… read-more
Tags: Hindenburg Report, False Claims, Gautam Adani, Business News, Video Statement.
Courtesy: YouTube NDTV
Photo: India Today
Industrialist Gautam Adani Meets Sharad Pawar At His Residence
The meeting of Sharad Pawar and Industrialist Gautam Adani is raising eyebrows, especially after the recent issue between Congress and Sharad Pawar over Adani Row. Notably, recently, Pawar and Adani held a meeting at NCP leader Sharad Pawar's residence. After this, Pawar’s meeting with Sanjay Raut, a Shiv Sena MP (Uddhav Thackeray) also added to the buzz that a political plot was unravelling in Maharashtra, troubling Uddhav Thackeray.
Tags: Gautam Adani, Sharad Pawar, NCP, Sanjay Raut, Politics Of India, Google News Initiative
Courtesy: The Free Press Journal
Photo: The Indian Express
Youngest Son Of Gautam Adani Gets Engaged
Jeet Adani, the youngest son of Gautam Adani got engaged, after he proposed to Diva Jaimin Shah recently. According to sources, the couple's close friends and family members attended the private engagement ceremony. Jeet is the Vice President of Finance for the Adani Group, and Diva, the bride-to-be, is the daughter of renowned diamond trader Jaimin Shah of C.Dinesh & Co. Pvt. Ltd.
Tags: Jeet Adani, Engagement, Businessmen, Gautam Adani, Adani Groups
Courtesy: Zee News India
Photo: The Indian Express
Gautam Adani Stands 22nd On Billionaire's List Amid Hindenburg Issue
Industrialist Gautam Adani slipped out of the World' Real-time Billionaires list of Forbes on February 3 and was placed in 22nd position. The ongoing Hindenburg-Adani issue has caused a major loss to the Adani Groups, including defeat in shares, investors and other money losses. From the 4th position, the business tycoon dropped to the 15th position and now stands at 22nd position in Billionaires list.
Tags: Gautam Adani, Business tycoon, billionaires list, Index, Hindenburg Issue
Courtesy: The Free Press Journal
Photo: The Times of India
Gautam Adani Announces Withdrawal Of FPOs Issued To Public
Adani Groups Chairman Gautam Adani announced to the withdrawal of all FPOs worth Rs. 20,000 crores. Addressing the media on February 2, Adani said, the decision to return the FPO money of all the investors and shareholders was taken in the view of the 'Market Volatility'. "In my humble journey of over 4 decades as an entrepreneur I have been blessed to receive overwhelming support from all stakeholders," said Adani.
Tags: Gautam Adani, Adani Groups, FPOs, Shares, Indian Stock Market
Courtesy: NDTV
Photo: Business Standard
Adani Slips To 11th Spot In Billionaire Index Amid Hindenburg Claims
Amid the Hindenburg Research claims of fraud, the Adani Group has lost $34 billion in just 3 days. On January 31, the fortune of Gautam Adani slipped to $84.4 billion, throwing the company to the 11th spot from the previous 4th position in Bloomberg's Billionaire Index. The current war between Hindenburg and Adani left the company with a $68 billion washed-away market value, currently.
Tags: Gautam Adani, Billionaire Index, Adani Groups, Fraud Claims, Hindenburg
Courtesy: Hindustan Times
Photo: Telangana Today
Vinod Shantilal Adani Is Richest NRI With Rs 1,60 Lakh Crore Net Worth
Vinod Shantilal Adani, businessman and elder brother of Adani Group chairman Gautam Adani is the richest non-resident Indian (NRI), confirmed IIFL Wealth Hurun India Rich List 2022. On September 23, Vinod, who is also the sixth richest Indian on the list with a wealth of Rs 1.69 lakh crore was named the riches on NRI list. Furthermore, in 2022, 94 NRIs have made it to the list of richest Indians.
Tags: Vinod Shantilal Adani, Richest NRI, Wealthiest Man, Gautam Adani, IIFL List
Courtesy: NDTV
Photo: Forbes
India’s Gautam Adani Becomes World’s 2nd Richest Man, Surpasses Jeff Bezos
Gautam Adani, founder of Adani Group, on September 16, briefly became the second richest person on the world. Adani’s net worth stood at a staggering $155.7 billion (12.37 lakh crore). With this, the 60-year-old Indian businessman surpassed Amazon founder Jeff Bezos, French tycoon Bernard Arnault and others. Meanwhile, Tesla founder Elon Musk retains the top spot as the richest man in the world, with a net worth of $264 billion.
Tags: Gautam Adani, Bloomberg Billionaires Index, Adani Group, Elon Musk, Jeff Bezos
Courtesy: Hindustan Times
Photo: Business Standard
Gautam Adani Stands 2nd On World Billionaire's List, Overtakes Bernard Arnault
After overtaking Louis Vuitton's owner, Indian business tycoon Gautam Adani has become the world's second richest man. On September 16, Forbe's Real-time Billionaire's list was released, which named Adani Groups with USD 153.9 billion net worth. Notably, previously in the second position, Bernard Arnault's net worth now stands at USD 153.7 billion. As per Forbe's the Indian businessman just behind Tesla CEO Elon Musk, who has over USD 253… read-more
Tags: Gautam Adani, Elon Musk, Bernard Arnault, Forbes, World's Richest Man
Courtesy: ANI
Photo: Telangana Today
Anil Ambani-led Reliance Claims Breach Of Contract Against Adani Groups
Anil Ambani-led Reliance Infrastructure has approached the Mumbai Centre for International Arbitration against Adani Transmission. The Reliance owner filed an arbitration claim of Rs 13,500 crore against Adani’s power distribution arm over breach of terms of a December 2017 share purchase deal. Notably, power businesses including generation, transmission and distribution in Mumbai were transferred to the Adani Group for Rs18,800 crore. The… read-more
Tags: Reliance, Adani Groups, ANIL AMBANI, Breach of contract, Gautam Adani
Courtesy: The Free Press Journal
