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How Adani built a $15 billion bulwark against Hindenburg attack

Adani Hindenburg Case: The Supreme Court today directed the Securities and Exchange Board of India (Sebi) to complete its probe into the remaining two cases of alleged violations by the Adani companies within three months. However, it decided not to order a probe by a special investigation team or the Central Bureau of Investigation. Clearly, Adani did not wait to see the course of the Hindenburg affair but went ahead with business as usual. Now, he is also unveiling his ambitious future plans to expand his business, especially globally. ....

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Gautam Adani: The topsy-turvy 2023 for Gautam Adani: Hindenburg hit to mighty fightback

In 2023, Indian business magnate Gautam Adani faced a tumultuous year marked by allegations of corporate misdoings, accusations of favoritism by the government, Supreme Court involvement, and investor losses. Despite the controversies, Adani has not faced any charges, and an analysis revealed a significant drop in the market value of his 10 listed companies from Rs 19.6 lakh crore at the end of 2022 to Rs 13.6 lakh crore as of December 22. ....

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Adani picks himself up, dusts himself off and is back in the saddle

Despite Hindenburg Research s accusations of corporate fraud against billionaire Gautam Adani, his Adani Group, a diverse conglomerate, has rebounded impressively. Adani Group s market performance, marked by a remarkable one-day gain of Rs 1,92,645 crore on December 5, signifies a resurgence in market confidence, hitting an 11-month high of Rs 13.88 lakh crore market capitalisation. This surge suggests a turning point for Adani, signaling regained trust among investors. ....

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