GAUTAM ADANI

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• US probing Indian billionaire Gautam Adani and his group over potential bribery

  Investigators are digging into whether an Adani entity, or people linked to the company including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project, said the people, who asked not to be identified discussing the confidential effort. The probe, which is also looking at Indian renewable energy company Azure Power Global Ltd., is being handled by the US Attorney’s Office for the Eastern District of New York and the Justice Department’s fraud unit in Washington, said people familiar with the matter.

  

• Objective to destabilise us, says Gautam Adani on Hindenburg report

  Last January Hindenburg Research published a report against the Adani group companies alleging that the conglomerate was involved in accounting fraud, stock market manipulation, and fraudulent transactions. This triggered a massive fall in the stock prices of Adani Group companies leading to a loss of $111 billion worth of investor wealth.

  

• Bounce-back tips from Gautam Adani: Five mantras for entrepreneurs

  Gautam Adani, Chairman of Adani Group, shared his entrepreneurial journey and key principles for success at a recent YPO event. He spoke about the importance of resilience, managing complexity, embracing local models, withstanding criticism, and staying humble in the face of success.

  

• India Inc behemoths lead private capex push, but is it enough?

  Earlier industry experts wanted the government to spend, now the gears have changed they want India Inc to spend. Large corporations have shown their commitments but India certainly needs private capex push. Here is my view.

  

• Gautam Adani's fortune hits $100 billion again

  Adani’s wealth plummeted by over $80 billion in the month following the Hindenburg Research report, hitting a nadir of $37.7 billion. His conglomerate, which at one juncture shed over $150 billion in market value, dedicated months to courting investors and lenders anew, settling debts, and addressing regulatory apprehensions.

  

• Gautam Adani's lessons from Hindenburg fight fuel $93 billion rebound

  A year after US-based short-seller Hindenburg Research accused the Adani Group of fraud and “brazen” stock price manipulation in a bombshell report — allegations the conglomerate denies — the Indian tycoon has emerged stronger on some measures of business fundamentals.

  

• Adani Group of companies to invest Rs 12,400 crore in Telangana; signs MoUs with Govt of Telangana

  Adani Group will invest Rs 12,400 crore in Telangana, including Rs 5,000 crore in a 100 MW data center powered by renewable energy. Adani Green Energy will invest over Rs 5,000 crore in two pump storage projects, Ambuja Cements will invest Rs 1,400 crore in a cement plant, and Adani Defence Systems will invest over Rs 1,000 crore in a comprehensive ecosystem for defense capabilities.

  

• Adani, Ambani commit big investments at Vibrant Gujarat Summit

  Adani to invest Rs 2 lakh crore in the state in the next five years, while Ambani said Reliance will contribute to making Gujarat a global leader in green growth.

  

• Vibrant Gujarat summit: Gautam Adani to invest USD 24 billion in Gujarat in five years

  The Adani Group's chairman, Gautam Adani, stated on Wednesday at the Vibrant Gujarat summit that the company plans to invest Rs 2 lakh crore ($24 billion) in the green and renewable energy sectors in the state of Gujarat over the course of the next five years. The Vibrant Gujarat summit kicked off on Wednesday.

  

• Ambani, Adani, Birla among India Inc's bigwigs setting sail for Ayodhya's D-Day

  Reliance Industries chairman Mukesh Ambani, Aditya Birla Group chairman Kumar Mangalam Birla, Tata Sons chairman N Chandrasekaran and Adani Group chairman Gautam Adani are among India's top business leaders who will be seen at the ceremony with a guest list of more than 10,000. The captains of Indian industry will join the scrum of VVIP arrivals at the small temple town, which will also see achievers from the world of entertainment, sport, politics, faith, public life and the arts.

  

• How the Adani Group reduced leverage to emerge stronger in the 12 months following the Hindenburg allegations

  Investors appear confident rather than worried. Four of the ten listed stocks have fully recovered from their lowest since Hindenburg triggered the crash. Adani Power has more than doubled, while Adani Ports has gained 52%. ACC and Ambuja Cement have also recovered to the pre-Hindenburg level. However, Adani Wilmar, Adani Energy Solutions and Adani Total Gas still trade 33-73% lower.