The Latest Breaking News from Adani Group

Officials of India’s finance ministry fast-tracked a proposal in May this year to direct approximately $3.9 billion in investments from the Life Insurance Corporation of India, a state-owned insurance and investment company, to an Adani group firm despite being aware of the risks, The Washington Post has reported.

India's Prime Minister Narendra Modi has inaugurated a new international airport in Mumbai

Founder Nathan Anderson said Hindenburg's intense work had taken a toll on his personal life, and while there were no specific reasons for the closure, the plan had always been to shut down the firm after completing their current projects.

The BJP has accused the billionaire of funding initiatives critical of Modi, aimed at destabilising India.

The Bombay High Court on Friday dismissed a plea challenging the tender awarded to the Adani Group for the Dharavi Redevelopment Project. Read further on Dynamite News:

Taking to social media platform Facebook, Rahul Gandhi wrote, "Modi ji Sansad me aao, Adani par jaanch se mat ghabrao (Modi ji come to Parliament, don't be afraid of investigation)." Read further on Dynamite News:

Opposition MPs wore jackets mentioned: "Modi Adani Ek Hai, Adani safe hai", symbolising their protest over the Adani issue. Read further on Dynamite News:

Vast lines of solar panels reflect the blazing sun in India's western deserts, a dazzling ocean broken only by bristling wind turbines.

India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials of fraud.