Adani effect? PSU bank stocks fall up to 7%; SBI, PNB, BoB lead
Indian banks and NBFCs have given over ₹88,000 cr in loans to the Adani Group, with three big PSBs (SBI, PNB, Bank of Baroda) having exposure of nearly ₹40,000 cr.
gautam adani
November 2024
September 2024
GQG shares plunge 20%; says 90% of clients' assets unrelated to Adani
The Rajiv Jain-led firm has infused around ₹80,000 crore in Adani Group companies, including Adani Ports, Adani Green Energy, and Adani Enterprises
Exclusive: GQG Partners faces potential investor exodus on Adani impact
Rajiv Jain and CEO Tim Carver, who collectively have over $1 billion invested in GQG strategies, are deeply entangled in the fallout
Gautam Adani's indictment is credit negative for Adani Group: Moody's
Moody's says the main focus when assessing Adani Group is on the ability of the group’s companies to access capital to meet their liquidity requirements and on its governance practices.
Adani group stocks plunge up to 20% after Gautam Adani indicted in U.S. court
The cumulative m-cap of the Adani group stocks dropped by ₹1.86 lakh crore to ₹12.42 lakh crore from ₹14.28 lakh crore at the end of trade on Wednesday.
SEC charges Gautam Adani, his nephew Sagar Adani in alleged bribery plot
Gautam and Sagar Adani orchestrated a bribery scheme that involved paying or promising to pay the equivalent of hundreds of millions of dollars in bribes to Indian government officials, alleges SEC.
Gautam Adani indicted in U.S. for alleged bribery scheme
U.S. federal prosecutors allege Gautam Adani and seven others agreed to pay over $250 million in bribes to Indian government officials, to lie to investors and banks to raise billions of dollars.
Adani group to invest $10 bn in U.S. energy, infra projects: Gautam Adani
Adani Group aims to create up to 15,000 jobs in the U.S. by leveraging its global expertise and investment in energy and infrastructure projects.
Richest Indians
The Fortune India-Waterfield Advisors study ranks a record 185 dollar billionaires in the country with a cumulative net worth of ₹99.86 lakh crore.
Mukesh Ambani-led RIL Richest Among Diversified Groups
Diversified groups account for 25 out of 185 Indian dollar billionaires; top 5 control 77.72% wealth in the category.
