Adani Group: Indian empire signs $1.87bn deal
Image Source: Time Adani Group, the troubled business empire of Indian billionaire Gautam Adani says it has gotten $1.87 billion (£1.6 billion) from an asset management firm in the US. Adani told investors that GQG Partners, based in Florida, has bought shares in four of the group’s companies. It is the first big investment that […]
Adani: Will India’s green energy be hit?
Image Source: Bloomberg Two years ago, Narendra Modi, the prime minister of India, announced big plans to make India a world leader in green energy. He promised that by 2070, he would cut emissions to net zero or become carbon neutral, which means that he would not add to the number of greenhouse gases in […]
Adani Group: Watchdog probes fraud allegations
Image Source: Business Today India’s markets regulator SEBI has confirmed that it is looking into the claims made by Hindenburg Research against Adani Group of companies owned by multibillionaire Gautam Adani. The Securities and Exchange Board of India (SEBI) also looks into how the report is affecting the market. After accusations of market manipulation and […]
Indian Businessman Gautam Adani Surpasses Jeff Bezos’ Net Worth
Photo: Daily Times Jeff Bezos has just been stripped of the title of second richest person in the world and drops to number 3. Indian business tycoon Gautam Adani is rapidly climbing the charts on Bloomberg’s Billionaire Index. Elon Musk, who is still at the top with $ 260 billion to his name, may have […]
