In a written communication to Sri Lanka’s Board of Investment (BOI) dated Wednesday, Adani expressed respect for the government’s stance. The Adani Group on Thursday said that it has pulled out of further engagement in a $442 million wind power venture in Sri Lanka after the country’s authorities attempted to modify the agreement.In a media…
TOI correspondent from Washington: Asserting that a 50-year old US anti-bribery act is inhibiting American global competitiveness, US President Donald Trump has paused enforcement of the law, implicitly providing relief to India’s Adani group, whose executives were being prosecuted under the law by the Biden administration. In an executive order he signed on Monday, Trump…
A caucus of six US Congressmen on Monday wrote a letter to newly appointed Attorney General Pamela Bondi demanding a review on the “questionable” decisions taken by the US department of Justice against Adani group during President Joe Biden’s administration.Congressmen Lance Gooden, Pat Fallon, Mike Haridopolos, Brandon Gill, William R Timmmons and Brian Babin claimed…
Indian weddings are incomplete without cultural and traditional diversities. And the latest wedding of Jeet Adani and Diva Shah is not only a union of two hearts but a showcase of community, support, and positive impact. Indian billionaire, Gautam Adani and his wife Dr Priti Adani’s younger son Jeet are all set to marry his…
NEW DELHI: Hindenburg founder Nathan Anderson said on Tuesday that the firm’s decision to investigate Adani Group came after “red flags” were raised by certain media groups and added that he stood by all the reports and findings.“We initially saw media articles outlining red flags, took a closer look, and just kept following the evidence,”…
Jeet Adani and his fiance Diva Jaimin Shah For many days, rumours of one of India’s richest persons, Gautam Adani’s son getting married this year, have been doing the rounds on social media. Not just this, speculations are rife that pop singer Taylor Swift might also perform at the high-profile wedding. However, putting all rumours…
PRAYAGRAJ: Billionaire Gautam Adani’s younger son Jeet will get married next month in a simple ceremony, without any pomp and show and celebrities.Adani, on Mahakumbh pilgrimage with his family, scorched speculations of a star-studded wedding of his son Jeet with Diva Shah, daughter of Surat diamond merchant Jaimin Shah. “It will be a very simple,…
On November 21, US authorities indicted Gautam Adani and associates, alleging payment of bribes. Gautam Adani-led Adani Group has hired prominent US law firms, including Kirkland & Ellis and Quinn Emanuel Urquhart & Sullivan LLP, to handle civil and criminal proceedings initiated by the SEC and the Eastern District of New York, sources told ET….
MUMBAI: Hindenburg Research, the US-based short-seller whose reports had shaved off about $140 billion from Adani Group‘s market valuation in early 2023, pushed the Indian govt and markets regulator Sebi on the backfoot, and left Indian investors divided whether to support it or oppose, is winding down. Calling Adani’s businesses “the largest con in corporate…
Nate Anderson, declared the official disbandment of Hindenburg Research on January 15. Hindenburg Research shut down: Soon after Hindenburg Research founder announced that the firm would disband in the near future, Adani Group CFO has shared a cryptic post on social media platform X (formerly Twitter).In a post which could be seen as a reaction…
