News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...
Adani, ranked among the world's wealthiest individuals, built his fortune in the coal business in the 1990s in India and has since been a power player in the world's most populous nation.
India's equity markets will take time to recover from their recent sell-off because they remain overvalued, with last week's ...
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French energy giant TotalEnergies said Monday it was halting new investment linked to Indian conglomerate Adani, after the indictment of its billionaire founder on US bribery charges, an announcement ...
Adani Group's troubles deepened as two more credit rating agencies cut their outlook for the Indian conglomerate.
India’s retail investors increased their holdings in the Adani Group prior to the shock bribery charges by US authorities against its founder, even as institutions largely pared their stakes.