The namesake conglomerate of India’s richest man, Gautam Adani , fired back at an American short seller, but the group’s 413-page response didn’t stop a slide in the shares and bonds of its companies on Monday.
On Sunday, the energy and infrastructure group released a strongly worded document addressing the allegations of fraud and misconduct . The New York-based firm, which was founded by Nathan Anderson, alleged that stock manipulation and questionable business and accounting practices had caused the market valuation of Adani’s key listed companies to appreciate sharply over the past few years.
The govt is capable of renaming india as adani to prove his point tht 'its a attack on India'
Looks like most indian politicians, mps , ministers , opposition's black money is stuck in adanis companies ..every one is silent .. they r in shock . they gone dumb... thet got chocked.. neither they can swallow it nor can vomit ..
The Enron of India?
Will this topple Modi?
All crooks entire Adani crew the CFO is shitting himself
Adani_Is_Not_India India_Is_Not_Adani
realDonaldTrump ARIES & LIBRA HOTELS INDIA PVT LTD JOINT VENTURE TrumpTower KTRBRS Swamy39 I AND CM DR J JAYALALITHAA AND EOW TAMIL NADU LODGED CHARGE SHEETS US BarackObama US VISA MODI RBI LOOTED MY ROYAL FAMILY TREASURY GOLD 1991 $8+$280 TRILLION COVID WARFARE MAHABHARAT
Look at the audacity of western media to call business man as Namesake 😡😡…. Shameless western biased media
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gautam Adani: Asia's richest man in the eye of a stormIndia's Gautam Adani, the school drop-out turned billionaire who rose to become Asia's richest man, faces possibly his biggest challenge after shares in his companies slumped when a U.S. short seller cast doubts on their business practices. Oligarchs are radical, criminal looters Corrupt and dishonest person .Hindenburg is Financial Terrorist & must be called out USTreasury This disaster named firm must b banned by USAGov Before they damage Economies of nations by Misleading Fake Narratives & dangerous fake Motivated Propoganda FinMinIndia Disaster Named Hindenburg
Source: Reuters - 🏆 2. / 97 Read more »
Gautam Adani is no longer one of the top 5 richest people in the worldGautam Adani is tumbling down the ranking of the world's richest people, and he's already lost $28 billion in the first month of 2023 Eagle eyes on major situations and incidents are necessary in any good and healthy business because everyone is not our well-wisher. Not at all... 👍👍 And not all business man are walking on the terms of Win - Win concept. Hard but truth..
Source: BusinessInsider - 🏆 729. / 51 Read more »
Gautam Adani falls to world's eighth richest man as short seller report wipes $72 billion off Adani market valueThe three day sell off in Adani shares has led to billions of dollars being wiped off the Indian conglomerates’ market cap.
Source: MarketWatch - 🏆 3. / 97 Read more »
Breakingviews - Breakingviews: Adani’s financing safety-net rests on Indian banksGautam Adani’s financing options are narrowing fast. Investors wiped $48 billion off the Indian tycoon’s listed companies in just two days last week; his flagship Adani Enterprises lost 19% of its value on Friday alone. While the nationally important ports-to-power-to-roads group should be able to manage its interest bill, the selloff blows apart Adani’s plans to tap global capital markets. That leaves it dependent on a safety net provided by Indian banks. Adani green borrowed $1.35 billion from these International banks Banks urged deleveraging 'Gautam Adani weighs $5 billion fundraise as banks urge deleveraging'
Source: Reuters - 🏆 2. / 97 Read more »
Breakingviews - Adani’s financing safety-net rests on Indian banksGautam Adani’s financing options are narrowing fast. Investors wiped $48 billion off the Indian tycoon’s listed companies in just two days last week; his flagship Adani Enterprises lost 19% of its value on Friday alone. While the nationally important ports-to-power-to-roads group should be able to manage its interest bill, the selloff blows apart Adani’s plans to tap global capital markets. That leaves it dependent on a safety net provided by Indian banks.
Source: Reuters - 🏆 2. / 97 Read more »
Who is Gautam Adani? Asia’s richest man is rocked by fraud claims.The Indian energy billionaire and Narendra Modi ally denied charges leveled by Hindenburg Research, which triggered a massive sell-off of Adani company shares. Asian Enron A part of this stems from India’s stance on Ukraine Russia conflict. Indian business is all about relationships and power you can wield multinational. India’s growth dependent on heavy weights to drive progressive change. Like gautam_adani AdaniOnline A thief will never say he is thief. Ultimate loss to investors and trust is shaking
Source: washingtonpost - 🏆 95. / 72 Read more »