Page 40 - Gautam Adani

Adani Group says allegations made in Hindenburg report 'stale and baseless'

Hindenburg Research said that it was shorting Adani group's stocks and accused the firms of 'brazen' market manipulation and accounting fraud

Adani stocks drop after Hindenburg accuses firm of manipulation and fraud

Adani rocketed up the Bloomberg Billionaire's Index last year past the likes of Bill Gates and Warren Buffett

Hindenburg says it holds short positions in Adani Group, flags risks

The seven listed companies of the Adani group, which is controlled by world's third richest man Gautam Adani, have an 85% downside on a fundamental basis due to sky-high valuations

Adani slips to 4, Bezos enters top 3 in world's richest people list

The net worth of Gautam Adani, the chairman of Indian conglomerate Adani Group, now stands at $120 billion while Jeff Bezos net worth rose to $121 billion

Adani to unlock value in airports, data centres in future, says group CFO

AEL will be investing $70 billion in incubating new businesses and at the group level we will be investing close to $107 billion in the next decade, Singh says

AEL's strongest growth is ahead of us, says Gautam Adani on FPO

The FPO is targeted to create wealth for the retail shareholders, says Gautam Adani

Davos 2023: Adani is hooked on ChatGPT, says race for AI to get complex

Asia's richest man Gautam Adani, besides looking at opportunities to expand his vast empire, is hooked on ChatGPT - the programme that trawls vast amounts of information to generate natural-sounding text on virtually anything - from crafting jokes to writing ad copy, debugging computer code, to even generating poems and essays. Adani, whose conglomerate has in recent years diversified from mines, ports and power plants into airports, data centres and defence, penned musing from his visit to Davos to attend the World Economic Forum meeting. "From a meetings perspective, this was perhaps my busiest WEF as I met over a dozen heads of states and several business leaders," he wrote on LinkedIn, talking of new geopolitical couplings, climate change and tight-lipped evangelists and AI. Advancements in AI, or generative AI, was the buzzword at all the discussions at the WEF. "The recent release of ChatGPT (I must admit to some addiction since I started using it) is a transformational momen

India to benefit from US, China decoupling: Gautam Adani tells Davos summit

Countries seeking their own form of self-reliance, says billionaire in reference to India's Atmanirbharta campaign of economic independence

Adani Enterprises shares stable: Will arbitrage strategies work?

Pricing at a discount but shorting the stock ahead of the FPO won't be as straightforward

Gautam Adani's discount share sale tries to woo public, silence critics

The share sale 'allows us to increase the participation of the Indian public. Every household of rural India can invest in it'

Adani Enterprises hits 2-mth low, down 4% on setting FPO price at discount

The company has set a price band of Rs 3,112-Rs 3,276 per share for its Rs 20,000-crore follow-on public offering (FPO), that opens for subscription on January 27.

Adani to give 10% discount to investors in India's biggest follow-on offer

In a rare move for a follow-on sale, Asia's richest man will allow retail investors to pay for their purchases in tranches

Adani Enterprises files for Rs 20,000-crore follow-on public offer

The company is tapping industry opportunities, such as green hydrogen, the aviation sector and data centers

WEF Davos 2023: Adani Group pledges to grow 100 million trees by 2030

"Restoring ecosystems, reversing loss of biodiversity, and reducing soil erosion are all essential for building a greener world," Gautam Adani said

Global wealth, Indian business

Comparing India and China's Fortune 500 performance may not be entirely fair, but it offers some thought-provoking facts at a time when India is flaunted as the only decent economic game in town

Adani Enterprises FPO may get a big boost from Gulf sovereign wealth funds

Adani Enterprises will need to offer at least 35 per cent of the FPO, worth as much as Rs 7,000 crore, to retail investors

Regret not completing college education: Gautam Adani, Asia's richest man

He dropped out of formal education at the age of 16 in 1978 to take a train to Mumbai to try his luck and three years later made his first killing -- a Rs 10,000 commission doing a diamond trade with a Japanese buyer. That marked the beginning of the entrepreneurial journey of Gautam Adani, now Asia's richest man. He, however, regrets not finishing college, saying early experiences made him wise but formal education rapidly expands one's knowledge. Speaking at the 75th year celebrations of Vidya Mandir Trust Palanpur in Gujarat, Adani recounted his phenomenal journey that has made his group the world's largest solar power company, largest airport and sea port operator in India, nation's largest integrated energy player, country's second largest cement manufacturer and a conglomerate with market capitalisation of over USD 225 billion -- all in a span of four-and-a-half decades. While the dry and tough living conditions of Gujarat's Banaskantha shaped his social behaviour, his father'

Adani Group plans to roll out 5G services, consumer apps this year

The plan for B2C (business-to-consumer) apps for consumers comes as an unexpected move by the company

Year in Review: Top 10 global biz personalities of 2022

From Gautam Adani to Yvon Chouinard, take a look at the top 10 global biz personalities of 2022

Adani Enterprises buys shares from NDTV founders at 17% premium

Proxy advisory firms say premium now must be paid to all shareholders who participated in open offer