NEW DELHI - Indian business tycoon Gautam Adani is in the eye of a storm after a dramatic crash in the stocks of his companies. Adani’s businesses h
Credit ratings agency S&P on Friday cut its rating outlook on Adani Ports and Special Economic Zone and Adani Electricity to negative from stable, while pe..
No longer world's third richest man, beleaguered billionaire cancels planned share offering following short-seller report alleging massive levels of fraud
NEW DELHI (AP) The closely watched $2.5 billion share sale launched by Asia’s richest man, Gautam Adani, was fully subscribed on Tuesday, bucking expectations after a turbulent week in which the conglomerate’s shares plunged in a tussle with a U.S. short seller.