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Search resuls for: "Shivam Patel Aditi Shah Aditya Kalra"


3 mentions found


☆ Gautam Adani, one of India's most powerful men, suffers a rare defeat
  + stars: | 2023-02-01 | by ( Shivam Patel Aditi Shah Aditya Kalra | Shivam Patel | Aditi Shah | ) www.reuters.com   time to read: +4 min
On Tuesday, the Adani group appeared to have fought back the attack by the New York-based short-seller Hindenburg and rallied investors behind the $2.5 billion share issue of flagship firm Adani Enterprises (ADEL.NS). It was a rare defeat for a man who has seemed unstoppable in recent years. In recent years, the $220 billion Adani Group empire has attracted foreign investment - France's TotalEnergies (TTEF.PA), for example, partnered with Adani last year to develop the world's biggest green hydrogen ecosystem. On Wednesday, Adani said his company felt it wasn't "morally correct" to proceed with the share sale following the volatility in the market. But he said in a statement to the exchange the company was financial stable and that the withdrawal of the share issue will not impact its future plans.
☆ Gautam Adani: Asia's richest man in the eye of a storm
  + stars: | 2023-01-27 | by ( Shivam Patel Aditi Shah Aditya Kalra | Shivam Patel | Aditi Shah | ) www.reuters.com   time to read: +6 min
Adani, whose home state is Gujarat in western India, built his business empire from scratch after starting as a commodities trader. Adani's business empire grew rapidly and his wealth ballooned. In recent years, the $220 billion Adani Group empire has attracted foreign investment - France's TotalEnergies (TTEF.PA), for example, partnered with Adani last year to develop the world's biggest green hydrogen ecosystem. It is not known what was discussed and Adani Group did not respond to a request for comment on Friday. Adani Group's consolidated gross debt stands at $23.34 billion, Jefferies says.
☆ India's Gautam Adani: Asia's richest man in the eye of a storm
  + stars: | 2023-01-27 | by ( Shivam Patel Aditi Shah Aditya Kalra | Shivam Patel | Aditi Shah | ) www.reuters.com   time to read: +6 min
Adani, whose home state is Gujarat in western India, built his business empire from scratch after starting as a commodities trader. Adani's business empire grew rapidly and his wealth ballooned. In recent years, the $220 billion Adani Group empire has attracted foreign investment - France's TotalEnergies (TTEF.PA), for example, partnered with Adani last year to develop the world's biggest green hydrogen ecosystem. It is not known what was discussed and Adani Group did not respond to a request for comment on Friday. Adani Group's consolidated gross debt stands at $23.34 billion, Jefferies says.
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