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The Latest Breaking News from Vinod Adani

India regulator probing some Adani offshore deals for possible rule violations-sources

India's market regulator is investigating possible violation of 'related party' transaction rules in the Adani Group's dealings with at least three offshore entities that have links to the brother of the conglomerate's founder, two people said.

Reuters

The Adani cloud over India

The recent set of allegations have raised questions about the tycoon’s meteoric rise and the role of regulators.

Al Jazeera

Hum Adani ke Hain Kaun: Congress targets PM Modi over Hindenburg report, minister hits back

NEW DELHI: Both the houses of Parliament were adjourned for the third consecutive day on Monday without transacting hardly any business over the situation having arisen out of the report published by American research organisation and short-seller Hindenburg about the shares of Adani Enterprises Ltd (AEL).

The Times of India

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Hindenburg’s short sell call shaves $12 billion off Gautam Adani stocks

MUMBAI: Shares in Adani Group companies lost $12 billion in market value after US investor Hindenburg Research said it was shorting the conglomerate’s stocks and accused firms owned by Asia’s richest person of “brazen” market manipulation and accounting fraud.

The Times of India

Gautam Adani, world’s third-richest person, considering opening family office in Dubai or New York

MUMBAI: Asia’s richest person, Gautam Adani, is considering setting up a family office overseas to manage his ballooning wealth, according to people familiar with the discussions.

People

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