Por: Forbes Business January 26, 2023
Asia’s richest man amassed billions thanks in part to his longstanding ties to Prime Minister Modi. Now his fortune is falling amid allegations of widespread corruption and stock manipulation. Indian billionaire Gautam Adani lost $6.5 billion on Wednesday, January 25 after activist investment firm Hindenburg Research published a scathing 100 page report on Adani and his group, alleging massive fraud and stock manipulation. Hindenburg, which... + full article
Forbes USA Business February 03, 2023
Topline briefly fell out of the world’s top 20 richest people on Friday after losing $12 billion in a day, a spectacular fall from his former position as the world’s third-richest person as his sprawling corporate empire struggles to contain the escalating fallout triggered... + más
Adani Group Shares Slide After Hindenburg Alleges ‘Largest Con In Corporate History’ | Forbes
Gautam Adani Slips From Top 5 Richest As His Net Worth Plummets After ‘Corporate Con’ Accusations | Forbes
Gautam Adani, billionaire and chairman of Adani Group, during a video speech on monitors in Mumbai, India, on Thursday, Feb. 2, 2023. Photographer: Dhiraj Singh/Bloomberg© 2023 Bloomberg Finance LP Three investment funds that purchased shares in Adani Enterprises’ scuttled... + más
Gautam Adani Briefly Falls Out Of Top 20 Richest As His Net Worth Spirals After ‘Corporate Con’ Allegations | Forbes
Forbes USA Business February 02, 2023
MUMBAI, INDIA FEBRUARY 23: Gautam Adani, Chairman of the Adani Group during a press conference in 2012 in Mumbai, India. (Photo by Abhijit Bhatlekar/Mint via Getty Images)Hindustan Times via Getty Images Two companies with alleged ties to Adani underwrote Adani Enterprises’... + más
Time USA World January 30, 2023
When you’re Asia’s richest man, logic dictates that the only way is down, but there was still something shocking about how Gautam Adani’s business empire imploded last week. The Indian tycoon was left reeling after a Jan. 24 by Hindenburg Research—a New York-based... + más
Adani Group threatens legal action against Hindenburg Research over ‘largest con’ claims | New York Post
Forbes USA Business January 28, 2023
Topline fell out of the world’s top five richest people on Friday as he fights allegations of fraud and Adani Group shares plummet following a damning report by U.S. short seller Hindenburg Research on his corporate empire. Adani Group Chairman, Gautam Adani, has been... + más
Gautam Adani’s Middle Eastern Allies Help Him Shrug Off Fraud Allegations, Wealth Plunge | Forbes
New York Post USA Business January 27, 2023
India-based conglomerate Adani Group is prepping for a potential legal war with Hindenburg Research after the influential short-seller accused company founder Gautam Adani of overseeing Adani’s top legal officer Jatin Jalundhwala said Hindenburg’s “maliciously mischievous,... + más
Adani Enterprises’ Failed Share Offering Exposes More Investment Funds With Questionable Ties To The Adani Group | Forbes
Forbes USA Business January 25, 2023
Updated Jan 25, 2023, 04:37am ESTTopline Shares of India’s Adani Group companies slid sharply on Wednesday morning after activist investment firm Hindenburg Research disclosed a short position against the conglomerate, while accusing the companies owned by the world’s third... + más
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