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SHOCKING: Gautam adani org - You Need To See This

Washington Post’s Adani-LIC story fizzled out in India. That says a lot

Whether the story had substance or not, it is intriguing that there has been little to no follow up in mainstream print media to the Washington Post expose about the Life Insurance Corporation’s investments in Gautam Adani’s companies, allegedly at the behest of the Modi government.

Newslaundry

Where Modi goes, Adani follows: Inside the billionaire’s latest deal in Qatar

Days before the Emir of Qatar, Tamim bin Hammad Thani, arrived in India to a warm welcome from Prime Minister Narendra Modi, an Adani company and a Qatar company signed a joint venture that increases Gautam Adani’s footprint in maritime operations in the Gulf region – a morale booster for…

Newslaundry

Gautam Adani's post for his granddaughter is so heartwarming

A picture from Gautam Adani's social media account is going viral over social media. In the picture, we see a happy grandfather holding his youngest granddaughter with all joy and happiness.

The Times of India

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‘While We Watched’ Exposes Indian Media’s Complicity Through Complacency

Through the eyes of journalist Ravish Kumar, the documentary sheds light on the deplorable situation of Indian journalism.

Zenger

Adani ports auditor Deloitte to quit after flagging concerns

MUMBAI: The auditor of billionaire Gautam Adani’s ports business is planning to resign, people familiar with the matter said, a move that may heighten concerns about accounting quality at the Indian conglomerate targeted by short seller Hindenburg Research.

The Times of India

Adani group in talks to raise $1.8 billion from India bond sales

MUMBAI: Billionaire Gautam Adani’s conglomerate plans to tap India’s bond market to raise up to 150 billion rupees ($1.8 billion) this financial year as it gears up local-currency debt sales since damaging allegations were made by a short seller earlier this year, according to people familiar with the matter.

The Times of India

'Adani Green mulls raising $1.5 billion to fund expansion'

MUMBAI: Indian billionaire Gautam Adani’s renewable energy unit is considering raising about 123 billion rupees ($1.5 billion) to fund his coal-dependent conglomerate’s green diversification, people familiar with the matter said, following the fallout from a damaging short-seller broadside.

The Times of India

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MSCI kicks two Gautam Adani companies from indexes

NEW YORK: Global index manager MSCI Inc will exclude two Adani Group firms from its India gauge, potentially dealing a blow to their stocks that are trying to recover from the rout triggered by a short-seller report earlier this year.

The Times of India

Gautam Adani focuses on energy as green unit profit surges

MUMBAI: Billionaire Gautam Adani’s clean energy unit reported fourth-quarter profits surged as the conglomerate prioritizes renewable power amid its response to the impact of Hindenburg Research’s explosive report.

The Times of India

Four charts map Gautam Adani group’s debt pile, reliance on global banks for funding

MUMBAI: Adani group’s pile of debt increased almost 21% over the past year and the proportion held by global banks rose to nearly a third, according to data seen by Bloomberg that offers an up-to-date snapshot of its financial health.

The Times of India

Roys’ new innings after NDTV exit: 'Green tech' firm, ‘2 books’

Less than two months after they quit the board of NDTV’s promoter group as directors amid the Gautam Adani takeover, the channel’s former owners Prannoy Roy and Radhika Roy founded Ikroya Tech – a company focussed on technology development and data analysis.

Newslaundry

Star investor Rajiv Jain bets $1.9 billion on embattled Gautam Adani empire

MUMBAI: Adani Group’s stocks surged on Friday after winning a vote of confidence from one of the biggest names in emerging-market investing, helping cap the Indian conglomerate’s best week since late January when a US short-seller’s explosive report triggered an unprecedented rout.

The Times of India

Lenders maintain Adani Enterprises' credit limits despite Hindenburg report allegations

NEW DELHI: A group of lenders, led by the State Bank of India (SBI) conducting an annual review of Adani Enterprises Ltd (AEL), have decided to maintain the credit limits previously sanctioned for Gautam Adani's flagship company, the Economic Times reported quoting two sources on Tuesday.

The Times of India

Adani stock rout has room to run as charts show 85% call still valid

MUMBAI: The rout in Adani group shares has room to run based on charts that show key stocks in Gautam Adani’s empire may still extend declines to the 85% downside flagged by Hindenburg Research.

The Times of India

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The Times of India

Adani-Hindenburg row not to impact India story, says industry doyen K P Singh of DLF

NEW DELHI: The turmoil engulfing Gautam Adani's business empire following damning allegations by a US short seller, has not shaken the faith of global investors in India, real estate doyen K P Singh said rubbishing suggestions that banks would have lent to Adani group on instructions from higher-ups.

The Times of India

Adani ports mulls repaying $605 million debt to calm investors

NEW DELHI: Gautam Adani’s ports unit is considering to repay about 50 billion rupees ($604.6 million) of loans, as the beleaguered Indian tycoon seeks to trim debt after a short seller attack put his empire’s financial health and corporate governance under scrutiny.

The Times of India

Citigroup wealth unit halts margin loans on Gautam Adani securities

Citigroup Inc’s wealth arm has stopped accepting securities of Gautam Adani’s group of firms as collateral for margin loans as banks ramp up scrutiny of the Indian tycoon’s finances following allegations of fraud by short seller Hindenburg Research.

The Times of India

Hindenburg’s short sell call shaves $12 billion off Gautam Adani stocks

MUMBAI: Shares in Adani Group companies lost $12 billion in market value after US investor Hindenburg Research said it was shorting the conglomerate’s stocks and accused firms owned by Asia’s richest person of “brazen” market manipulation and accounting fraud.

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