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ADANI GROUP TROUBLES
India crowns Meta AI; More layoffs hit techIndia is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.- US House to vote on aviation safety bill after deadly Washington midair crash that killed 67The House is gearing up to cast a pivotal vote on an aviation safety bill that has the potential to change the skies for the better. In lig...
- Never back down: Gautam Adani reveals how his business empire became more resilient, formidable and unbreakableGautam Adani underlined Adani Group's resilience and growth plans despite facing significant challenges, including allegations from Hindenb...
- Adani seeks fresh lifeline for troubled East India Power PlantAdani Power Ltd. is seeking concessions from the Indian government for its $2 billion coal-fired plant in eastern India, which is facing a ...
- Gautam Adani: US summons & a new twist in India intensify billionaire's troublesGautam Adani's business empire faced a new wave of turmoil as a US court indictment accused him of orchestrating a $250 million bribery sch...
- Adani Bribery Case: Here are 5 setbacks that followed post indictmentThe Adani Group faces setbacks as global banks consider halting new credit lines following a US indictment alleging bribery. Indian regulat...
- Individuals linked to Adani bribery case associated with Congress, alleges Andhra BJP chiefAndhra Pradesh BJP president D Purandeswari claims that individuals allegedly involved in the Adani Group bribery case are linked to the Co...
- S&P downgrades outlook on three Adani Group firms amid US indictmentS&P Global Ratings has downgraded the outlook for three Adani Group companies following US authorities indicting founder Gautam Adani on br...
- Adani picks himself up, dusts himself off and is back in the saddleDespite Hindenburg Research's accusations of corporate fraud against billionaire Gautam Adani, his Adani Group, a diverse conglomerate, has...
- India's Adani says ministry starts probe related to its Mumbai airportsIndia's corporate affairs ministry is investigating the accounts of Adani Enterprises' two airports in Mumbai. The ministry has requested i...
- Adani moment for Credit Suisse? Swiss bank's collapse triggers Twitter trollingThe stock fell as much as 31%, hitting record lows, and prices on its benchmark bonds sank to levels that indicate the Swiss lender is in d...
- Indian banks face limited risk, says Fitch on Adani controversyIt said even under a hypothetical scenario, where the wider Adani Group enters distress, exposure for Indian banks should, in itself, be ma...
- India's government has nothing to do with Adani issue, minister saysThe Indian government has nothing to do with the issues of the Adani Group whose shares have tumbled following a scathing report from a U.S...
- FM Nirmala Sitharaman comments on Adani row, says regulators will take own actions"It'll be regulators who'll do their job. RBI made statement, prior to that banks, LIC came out & told about their exposure (to Adani group...
- Colossal loss! Investors in Adani stocks lose Rs 10 lakh crore in 7 days as market cap halvesDuring the day, Adani Enterprises was the top loser in Adani's group of stocks as the Nifty50 stock was locked in 20% lower circuit at Rs 1...
- Adani Enterprises removed from Dow Jones Sustainability IndicesAdani stocks have been in a freefall and so have eroded over 40% of investor wealth ever since American short-seller made multiple allegati...
- Adani gives final approval for $4 billion Australia coal mine projectOn Tuesday, Adani said the project would create 10,000 direct and indirect jobs, with pre-construction works starting in the next few month...
- Promoters of troubled ABG Shipyard approach Mahindra Group, Adani to sell stakeIt has delivered more than 160 vessels for domestic and international clients largely focusing on bulk carriers and offshore and jack up ri...
- Adani group in makeover mode to blur troubled pastThe Adanis, has hired a brand consultancy firm that has helped burnish the image of staid industrial stalwarts such as the Tatas and the Mu...
- Adanis walk trail of thorns to successFor the Rs 30,000-crore Adani group, the road to success seems littered with litigation and activism.
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