The Latest Breaking News from Gautam Adani

This week, a major upheaval hit one of India’s top business empires. Adani Group has operations in everything from coal mining to telecoms. Its seven main units were recently worth an estimated $220 billion. But a blistering report by an American investor research firm accusing the conglomerate of massive fraud…

London (AFP) - A surge in hiring in the United States renewed worries about aggressive interest rate hikes, bolstering the dollar and sending stocks lower.

Losses for the troubled Adani Group, India’s second-largest conglomerate, have deepened as shares in its flagship company tumbled another 25%

Traders sent shares down more than 25% on Friday despite attempts to restore investor confidence following fraud claims

Mumbai (AFP) - The market rout suffered by Indian tycoon Gautam Adani is the latest corporate scandal to plague one of the world's largest economies despite Prime Minister Narendra Modi's efforts to root out corruption.

Hong Kong (AFP) - Asian equities mostly rose Friday following gains on Wall Street but optimism over a possible pause in Federal Reserve interest rate hikes was being weighed against worries about the global economy after a year of monetary tightening.

Mumbai (AFP) - Beleaguered Indian tycoon Gautam Adani denied Friday that his rise to become Asia's richest man -- a title he has lost in a phenomenal stock rout -- was due to Prime Minister Narendra Modi, as shares in his conglomerate slumped again.

Mumbai (AFP) - Shares in the flagship firm of beleaguered Indian tycoon Gautam Adani were repeatedly suspended on Friday as a rout triggered by allegations of accounting fraud deepened.

India’s central bank is examining the exposure of banks to the group as its various firms continued to tank.