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The Latest Breaking News from Adani Group

With investment promotion plans, Ashok Gehlot invites industrialists to Rajasthan

Rajasthan’s GDP has increased by ₹3 lakh crore in the past three years despite challenges, says CM at Rajasthan Summit-2022

The Hindu

Adani announces ₹65,000-cr. investment in Rajasthan

Group to set up 10,000 MW solar power capacity, expand cement plant and upgrade Jaipur airport

The Hindu

This Billionaire Is Now Even Richer Than Jeff Bezos

Jeff Bezos is no longer the second-richest person in the world.

Bangkok Post

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Forbes Billionaires List: Gautam Adani second richest man in world

The list showed Adani's total net worth at around $ 154.4 billion as of September 16. Read more on Dynamite News:

Dynamite News

Gautam Adani briefly listed as world's second-richest person

Bernard Arnault and Mr. Adani traded the number two position during the day as the share prices of their companies fluctuated.

The Hindu

India is quietly laying claim to economic superpower status

India recently overtook UK as the world’s fifth biggest economy – and it could be third by 2030

The Guardian - UK

NDTV invites VCPL to join application to Income Tax Department over shares

Adani Group unveiled plans last week to control a majority stake in NDTV

The Hindu

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Adani becomes world’s third-richest person; first for an Asian

India’s Gautam Adani entered the top three in Bloomberg Billionaires Index’s ‘Top richest person in the world’ list, making it a first for an Asian

The Hindu

Gautam Adani overtakes Bernard Arnault to become world's 3rd richest person

Business conglomerate Adani Group's chairman Gautam Adani is now the world's third-richest person after overtaking France's Bernard Arnault according to Bloomberg Billionaires Index. Full story on Dynamite News:

Dynamite News

NDTV: the hostile takeover

Large conglomerates owning media units might crimp editorial independence

The Hindu

NDTV | The outlier in a noisy television news space

The channel that has played a role in modernising India’s TV news reporting and has never shied away from taking critical positions on the government could be controlled by the Adani Group soon

The Hindu

Adani-NDTV tussle intensifies over stake acquisition

Billionaire Gautam Adani-led Adani Group on Friday asserted that no prior approval was needed from market regulator SEBI to acquire 29 per cent stake in NDTV as stated by the media company founded and promoted by Prannoy Roy and Radhika Roy. Read more on Dynamite News:

Dynamite News

RRPR bound to allot equity, its contentions legally untenable: Adani Group

Responding to disclosures by NDTV promoter RRPR Holding Private Limited, the Adani Group has said that the promoter’s contentions are “baseless” and “legally untenable”, and it is bound to “allot equity shares as specified in the warrant exercise notice”.

Newslaundry

Adani group asserts RRPR is bound to transfer NDTV shares to VPCL

In a regulatory filing on Thursday, NDTV had contended that the Adani Group may not be able to complete its deal to buy RRPR Holdings as Prannoy, Radhika Roy have been restrained from dealing in securities by a 2020 SEBI order

The Hindu

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Dynamite News

Adani Group needs SEBI approval to acquire majority stake in the news channel: NDTV

The media company said, Adani Group would need to take approval from market regulator Securities and Exchange Board of India (SEBI) to complete the transaction. Read more on Dynamite News:

Dynamite News

Adani Group ‘deeply overleveraged’, says CreditSights; could spiral into a massive debt trap

India's Adani Group, controlled by billionaire Gautam Adani, is "deeply overleveraged" and its many investments in capital-intensive businesses could pose long-term risks to investors, Fitch Group's debt research unit CreditSights said on Tuesday. Read more on Dynamite News:

Newslaundry

How Adani is taking over NDTV without consulting the Roys

Through an indirect deal, the media arm of Adani Enterprises, led by Gautam Adani, the fourth richest person in the world, will acquire nearly 30 percent of NDTV’s shares over the next two days. The deal has kicked in an open offer, under which the Adani group is open to…

Newslaundry

Adani group acquires NDTV?

A subsidiary of the Adani group has indirectly acquired 29.18 percent in NDTV and launched an open offer, the Hindu reported today.

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Al Jazeera

Indian tycoon Adani’s empire ‘deeply leveraged’: CreditSights

The Fitch Group research unit ‘s report warned of the worst-case scenario of a potential default.

The Hindu

Vizhinjam port may miss commissioning deadline

Protests by fishermen against project to help port project developer

Benzinga

Benzinga Before The Bell: iPhone 14 Might Be Costlier, Coinbase Face Another SEC Probe, Binance Sees Crypto User Growth And Other Top Financial Stories Thursday, August 11

Reuters Binance Says Worldwide Inflation Is Driving Crypto User Growth

The Hindu

Adani Group proposes ₹41,653 crore alumina refinery in Odisha

High level clearance committee headed by Odisha CM gives approvals to 10 industrial projects that entail investment of ₹74,620.18 crore

Newslaundry

‘Arrest warrant’ against journalist for ‘defaming’ Adani Group

Freelance journalist Ravi Nair has alleged that he was served an arrest warrant for a criminal defamation case filed against him by the Adani Group in Gujarat without any prior summons or without being supplied a copy of the complaint or the warrant.

The Hindu

Adani Data Networks, Reliance Jio, Bharti Airtel, Vodafone Idea submit applications to participate in the upcoming spectrum auctions

A total of 72,097.85 MHz of spectrum worth at least ₹4.3 lakh crore will be put on the block during the auctions, which are set to commence on July 26.

The Hindu

BJP govt. at Centre engaged in scientific corruption using industrialists, says Alagiri

BJP govt. is expanding its ambit of corruption, he says

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