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Adani Group

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  • Sunday, 4 June, 2023
    Natural gas
    Adani and Total bet on India’s LNG recovery

    Country’s imports are picking up after years of stagnation due to the pandemic and war in Ukraine

  • Friday, 19 May, 2023
    Indian market regulator has ‘hit a wall’ in Adani probe

    Interim report from committee convened by Supreme Court says regulator faces a ‘humungous task’

  • Thursday, 18 May, 2023
    Adani seeks to woo bankers with three-day tour after short seller’s attack

    Indian tycoon has invited lenders to visit prized assets and restore confidence following Hindenburg’s report

  • Saturday, 13 May, 2023
    Adani Group seeks to issue shares for first time since short selling attack

    Two Adani companies announce plans to raise $2.5bn from investors

  • Friday, 12 May, 2023
    MSCI drops two Adani Group stocks from India benchmark

    Move expected to trigger investor sales and hamper fundraising plans

  • Thursday, 11 May, 2023
    News in-depth
    Gautam Adani retreats after short-seller attack

    Indian tycoon has been trimming capital expenditure and buying back bonds to shore up confidence

  • Thursday, 4 May, 2023
    Adani Group exits Myanmar with sale of port business

    Investors and human rights campaigners had condemned continued investment after brutal military coup

  • Monday, 24 April, 2023
    Adani Ports announces first bond buyback since short seller attack

    Unit of Indian conglomerate plans to purchase up to $650mn in debt in effort to shore up investor confidence

  • Monday, 3 April, 2023
    FT Asset Management
    Asset Management: Rajiv Jain’s wager on Adani

    Plus, ‘unstable’ EU green fund rules, CTA strategies suffer, and ceramics and tapestries at the Tristan Hoare gallery

  • Monday, 3 April, 2023
    Rajiv Jain, the investor betting Adani will bounce back from crisis

    GQG founder ploughed $1.9bn into Indian billionaire’s companies after short seller attack triggered stock plunge

  • Wednesday, 22 March, 2023
    Indian data reveals Adani empire’s reliance on offshore funding

    Almost half conglomerate’s $5.7bn in FDI over 5 years came from opaque overseas entities

  • Friday, 10 March, 2023
    Adani seeks to sell stake in cement business for $450mn to reduce debt

    Indian group has sought lenders’ approval for disposal as it tries to boost investor confidence after fraud claims

  • Wednesday, 8 March, 2023
    FT News Briefing podcast11 min listen
    How Hindenburg shorted Adani

    Jay Powell warns Fed is prepared to return to bigger interest rate rises

  • Friday, 3 March, 2023
    Due Diligence
    A star trader’s $1.9bn bet on Adani Premium content

    Plus, Arm’s IPO encounters roadblocks in Beijing and London’s most expensive home goes on the market

  • Thursday, 2 March, 2023
    US investment firm GQG invests $1.9bn in Adani companies

    Indian conglomerate gets a boost after allegations of fraud wiped $145bn from its market value

  • Thursday, 2 March, 2023
    India’s Supreme Court forms panel to probe Adani allegations

    Country’s top court orders regulator to conclude investigation into group within two months

  • Wednesday, 1 March, 2023
    Adani says it has $3bn credit line backed by sovereign wealth fund

    Indian group also tells bondholders it is seeking to borrow extra $800mn for renewables arm

  • Sunday, 26 February, 2023
    News in-depth
    Adani stock market losses hit $145bn one month after short seller attack

    Steep sell-off has wiped more than 60% from value of group’s publicly traded companies

  • Thursday, 23 February, 2023
    News in-depth
    Gautam Adani’s ties with Modi spur scrutiny of overseas deals

    Opposition attacks foreign investment they say was enabled by Indian prime minister

  • Monday, 20 February, 2023
    FT Asset Management
    Asset Management: How Hindenburg bet against Adani

    Plus, BlackRock’s bonds bonanza, Tikehau’s international expansion, and Vermeer at the Rijksmuseum

  • Friday, 17 February, 2023
    India
    India accuses BBC of tax irregularities after searching offices

    Probe came after broadcaster aired documentary about prime minister’s role in 2002 religious riots

  • Friday, 17 February, 2023
    Hindenburg Research
    How did Hindenburg short Adani stock?

    People familiar with the firm’s modus operandi say it may have used single stock futures and the help of western banks in Singapore

  • Thursday, 16 February, 2023
    Adani’s woes will spur ‘democratic revival in India’, Soros says

    PM Narendra Modi will ‘have to answer questions’ over fraud allegations targeting his business ally

  • Thursday, 16 February, 2023
    Adani halts $847mn acquisition of coal-fired power plant in India

    Decision is sign of spending slowdown by conglomerate in wake of short seller attack

  • Tuesday, 14 February, 2023
    Adani dismisses share-price rout as ‘temporary’ volatility

    Stocks in billionaire’s biggest business jump after he plays down short-seller attack

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