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The Latest Breaking News from Gautam Adani

Democrats demand answers after DoJ drops bribery case against Indian billionaire

Elizabeth Warren and Richard Blumenthal raise concerns in new letter about officials’ handling of Gautam Adani case

The Guardian - US · 1h ago

Adani Group sets Rs 1 lakh crore Bengal investment target, unveils Rs 4,000 crore hospital

Gautam Adani announced plans to invest over Rs 4,000 crore in a healthcare facility in West Bengal. This investment will establish a 2,000-bed not-for-profit medical institution by 2035. Of these beds, 1,000 will be allocated for economically weaker sections under health insurance schemes. The overall plan aims for investment exceeding…

The Economic Times · 3h ago

Gautam Adani reclaims richest Indian spot from Mukesh Ambani as India's billionaire count hits record: Hurun

Gautam Adani has overtaken Mukesh Ambani to reclaim the top spot on the M3M Hurun India Rich List 2026, with wealth of Rs 9.23 lakh crore. The list now includes a record 391 dollar billionaires, while AI and quantum computing have emerged as new wealth-creation sectors and 70% of entrants…

The Economic Times · 21h ago

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Gautam Adani reclaims top spot as India’s richest, edges out Mukesh Ambani: Hurun Rich List

The Economic Times · Sep 23

Court rejects Adani plea that duty-free shops are beyond domestic laws

An Indian court has ruled that nicotine pouches sold at duty-free shops are subject to domestic laws. The Adani Group challenged the legality of their items, arguing they are not drugs and are innovatively classified. Authorities maintained that selling such products poses a public health risk and violates drug laws.…

The Economic Times · Sep 23

Factory floor or family office? India’s young rich alarm elders

India’s wealthy business families are increasingly shifting from traditional family businesses to family offices, private equity and startup investments. The trend reflects changing succession strategies as younger heirs cash out or diversify inherited wealth. From Sanghi Industries to Dabur and Homemade Baker’s, India’s next-generation business heirs are reshaping how family…

The Economic Times · Sep 22

Adani Power lays foundation for ₹48,000 cr Assam power project

Adani Power has laid the foundation stone for a ₹48,000-crore, 3,200 MW thermal power project in Assam’s Dhubri district. Jeet Adani said the project will become the Northeast’s largest power asset and generate significant employment and economic activity in the region.

The Economic Times · Sep 20

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TikTok founder Zhang Yiming overtakes Gautam Adani as Asia’s richest

ByteDance founder Zhang Yiming now leads Asia's wealthiest individuals. His fortune has surpassed Gautam Adani's due to the booming artificial intelligence sector. Zhang's wealth has significantly increased, driven by ByteDance's AI ventures and TikTok's global reach. This rise highlights the growing influence of AI-driven companies over traditional industries. China's continued…

The Economic Times · Sep 16

Suvendu Adhikari eyes Ambani meeting, BRICS dinner as West Bengal steps up investment push

West Bengal Chief Minister Suvendu Adhikari will attend a BRICS Summit dinner and meet Mukesh Ambani. He will also inaugurate the Adani Group's new hospital project near Kolkata. The state government is actively seeking major corporate investments for development. A defence project at Junput is also being pursued by the…

The Economic Times · Sep 11

Adani Group plans $2.5 billion refinancing in India’s biggest offshore loan this year

Adani Group plans a $2.5 billion offshore loan to refinance debt. This significant borrowing aims to cover the acquisition of two Indian cement firms. The group is seeking $1.5 billion through a bridge loan and $1 billion via a five-year facility. Discussions are ongoing with several international banks for the…

The Economic Times · Sep 9

After Adani, Tata feels the heat: Indian firms under fire in Kenya?

Kenya’s dispute with Tata Chemicals has revived concerns about Indian businesses in the country after Adani’s exit. But Kenya continues to attract Indian investment, suggesting the Tata case is less about anti-India sentiment and more about Nairobi’s push for local processing, ownership and economic benefits from its resources.

The Economic Times · Sep 4

Adani Group expands footprint in opposition-ruled states with projects worth Rs 5 lakh crore

Adani Group is investing significantly in infrastructure projects across various Indian states. The conglomerate is pursuing projects in roads, ports, and energy sectors. These initiatives aim to drive economic growth and create new employment opportunities. Governments are seeking private capital for development and job creation. Adani's expanding footprint highlights its…

The Economic Times · Sep 3

Adani rival GMR plans $2 billion expansion at two India airports

With plans to invest close to $2 billion, GMR Airports is set to embark on significant airport expansion initiatives. These developments promise to enhance passenger capacity within the next seven years. As India's aviation market is projected to grow six-fold, GMR's focus on domestic projects—not airline operations—reflects a strong optimism…

The Economic Times · Aug 24

Gautam Adani meets Karnataka CM, BJP attacks Congress over ‘double standard’

Industrialist Gautam Adani met Karnataka Chief Minister D K Shivakumar for an hour. Sources described the meeting as a courtesy visit while returning to the airport. The meeting occurred amid a proposed tunnel road project for which Adani Enterprises is the lowest bidder. The BJP criticised the Congress for perceived…

The Economic Times · Aug 23

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The Economic Times · Aug 18

Adani flagship eyes India’s Nifty crown after years of turmoil

Adani Enterprises stock has rebounded strongly, becoming the top performer on India's equity benchmark. Investor confidence is growing after the conglomerate faced significant challenges and allegations. Recent legal dismissals and index adjustments have further boosted the company's standing. The group's infrastructure businesses are seen as a proxy for India's economic…

The Economic Times · Aug 15

Gautam Adani hails Vande Bharatam's first edition, says 26,000+ applications show India’s entrepreneurial depth

The Vande Bharatam initiative concluded with over 26,000 applications from across India. This program identified and supported innovators from smaller cities and grassroots communities. Selected innovators received mentorship and industry access to scale their ventures. The initiative showcased the extraordinary depth of talent present nationwide. Its Grand Finale was held…

The Economic Times · Aug 12

‘Trust is greater than any legal right’: Gautam Adani a day after US case dismissal

In light of the dismissal of a US criminal case against him, Gautam Adani shared his views replete with humility, reinforcing his trust in the justice system. The Adani Group's withdrawal of its FPO came after serious allegations, yet business proceeded as usual thanks to loyal employees and partners. Adani…

The Economic Times · Aug 12

'Compromised PM forced to sell India's interest': Rahul Gandhi as US court dismisses Adani case

Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi after a US court permanently dismissed criminal charges against Adani Group Chairman Gautam Adani and his nephew Sagar Adani. Gandhi alleged that the government had compromised India’s interests and said the country was paying a heavy price.

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The Economic Times · Aug 12

US court scraps fraud case against Gautam Adani and nephew Sagar

A US judge has dismissed securities and wire fraud charges against Gautam Adani and his nephew Sagar, ending the criminal case over alleged bribes tied to Indian solar contracts. The dismissal with prejudice bars the government from reviving the charges, potentially clearing the way for Adani Group to expand in…

The Economic Times · Aug 11

US court dismisses criminal charges against Gautam Adani, Sagar Adani; senior lawyers laud decision

A US federal court has officially dismissed the criminal charges against Gautam Adani and his nephew, thanks to the Justice Department's request after analyzing jurisdictional and evidentiary issues. This ruling marks a significant victory for the Adani Group, although it does not imply any ruling on the allegations themselves. Gautam…

Benzinga · Aug 11

US Judge Calls DOJ’s Decision to Drop Charges Against India’s Richest Man ‘Concerning’ as Court Dismisses Bribery Case

On Monday, a U.S. judge dismissed criminal charges against India’s richest man, Gautam Adani, but questioned the unusual process through which the Justice Department decided to abandon the high-profile bribery and fraud case.

The Independent UK · Aug 11

US court dismisses criminal charges against Indian billionaire Gautam Adani

US judge says Justice Department’s decision to drop charges against Indian billionaire ‘highly unusual’

International Business Times UK · Aug 11

Judge Garaufis Blasts Trump DOJ for 'Highly Unusual' Dismissal of Adani Bribery Case

A Brooklyn judge blasted the Trump DOJ's 'highly unusual' move to drop Gautam Adani's bribery case, refusing two counts and probing a $10 billion US investment pledge.

The Economic Times · Aug 11

Adani Group stocks jump up to 3% after US judge drops criminal case against Gautam Adani. What investors should know

Adani Group shares rose up to 3% after a US judge dismissed criminal charges against Gautam Adani. Adani Enterprises, Adani Power, Adani Ports and Adani Green gained, boosting investor sentiment. The judge said the decision was not an endorsement of the Justice Department’s move, while Adani Group has consistently denied…

The Economic Times · Aug 11

Gautam Adani welcomes US criminal case dismissal, says faith in rule of law ‘unwavering’

Billionaire Gautam Adani welcomed a US judge’s dismissal of criminal charges against him, saying his faith in “truth, fairness and the rule of law” remained unwavering. The Justice Department had sought to abandon the fraud and bribery case, prompting Judge Nicholas Garaufis to scrutinise the reasons behind the decision before…

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