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The Latest Breaking News from Adani Total Gas

MSCI kicks two Gautam Adani companies from indexes

NEW YORK: Global index manager MSCI Inc will exclude two Adani Group firms from its India gauge, potentially dealing a blow to their stocks that are trying to recover from the rout triggered by a short-seller report earlier this year.

The Times of India

MSCI defers decision on 2 Adani group firms' weightages in indices

NEW DELHI: Index provider MSCI Inc has postponed the implementation of reducing the weightages of two Adani group firms, Adani Total Gas and Adani Transmission, in its indices, citing potential impact from price limit mechanisms.

The Times of India

Who is Gautam Adani and why is he controversial?

The Indian entrepreneur has seen his wealth plummet after a research firm accused him of ‘brazen stock manipulation’.

Al Jazeera

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Explained: How Gautam Adani v/s Hindenburg saga has unfolded so far

NEW DELHI: When one of mightiest conglomerates of a country calls off its fully subscribed follow on public offer (FPO), stating that it would be "morally incorrect", it is sure to spook investors.

The Times of India

Adani scraps FPO as group stocks plummet. What's happening?

By now, you might have heard about the tanking shares of the Adani firms. And how Gautam Adani, who was recently the second richest man in the world, has now dropped to the 15th position in the Forbes’ list of the world’s wealthiest. All over a week.

Newslaundry

Indian regulator looking into $86 billion Adani share wipeout

India's market regulator is examining a rout in the shares of billionaire Gautam Adani's companies, a source with direct knowledge told Reuters, as the losses triggered by a scathing U.S. short-seller report ballooned on Wednesday to $86 billion.

Reuters

Adani Group's loss swells to $65 billion; Hindenburg responds to charges

Shares of Adani Group companies remained under pressure for the third straight session on Monday with majority of them witnessing a crash yet again.

The Times of India

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In 5 charts: How Gautam Adani became first Asian to reach top 3 richest in world

NEW DELHI: When the world went into Covid-induced lockdowns plunging the global economy into a crisis, the worried investors in India had their eyes on the possible impact on Mukesh Ambani who was then the undisputed leader.

The Times of India

Mukesh Ambani regains spot as Asia's richest, surpasses Gautam Adani

NEW DELHI: The battle between two of India's wealthiest businessmen for Asia's richest spot keeps getting interesting with one pitting the other continuously.

The Times of India

Adani Wilmar becomes 7th Adani Group company to cross Rs 1 lakh crore market capitalisation

NEW DELHI: Adani Wilmar became the 7th companies within Adani group to cross Rs 1 lakh crore market capitalisation mark.

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