Gautam Adani's net worth dropped to less than $50 billion for the first time in several years, with Forbes and Bloomberg valuing him at $48 billion and $49.1 billion, respectively. Following which, he slipped to 25th place in the Forbes and Bloomberg real-time billionaires lists.

Gautam Adani slips to 25th spot in Forbes, Bloomberg rich list with net worth below $50 billion

Foreign Minister S Jaishankar, who is known for his sharp remarks on national and international issues, on Friday (February 17) hit out at billionaire investor George Soros over his comments on Prime Minister Narendra Modi.

‘Old, rich, opinionated and dangerous...’: Foreign minister Jaishankar slams George Soros. Watch

Adani Power has dropped plans to acquire D.B Power's $450 million coal-fired plant in Chhattisgarh, according to a filing at B.S.E. The development comes as the billionaire conglomerate mulls an overhaul of its business strategy following Hindenburg's allegations. Molly Gambhir explains.

Gravitas: Adani unable to go ahead with a $450 million deal

Adani Group has issued a clarification on reports of appointing Grant Thornton for audits after the Hindenburg crisis. The flagship company of Adani Group termed it as a market rumour.

Adani Group denies reports of hiring Grant Thornton for audit

Adani Enterprises Limited (AEL) on Thursday dismissed reports the Adani Group had appointed accountancy Grant Thornton to run an independent audit of some of its companies accounts in the wake of allegations of financial fraud and malpractice by short-seller Hindenburg Research.

Adani Group denies appointing audit firm to look into its companies

India's Supreme Court has agreed to hear a petition from the opposition leader asking for an investigation into Hindenburg's allegations of financial fraud by the Adani group.

India's top court to hear opposition lawmaker's petition against Adani

The Supreme Court has agreed to hear on February 17 a fresh plea of a Congress leader seeking investigation under the supervision of a sitting apex court judge against the Adani Group of companies in light of the allegations made by the US-based Hindenburg Research.

India's top court to hear plea against Adani

The Indian government has agreed to a committee to be set up by the Supreme Court for strengthening the regulatory regime following the Hindenburg-Adani episode. It, however, added that the remit of the panel has to be very specific so that it doesn't affect the flow of money and investments.

Indian Government accepts committee on Adani

In the aftermath of the release of the Hindenburg report, India's Adani group has reportedly halved its revenue growth target, according to a report by Bloomberg.

Adani group halves revenue growth, scales down capex plans after Hindenburg jolt: Report

It was on January 24 that US-based Hindenburg published its report accusing Adani group of widespread manipulations and malpractices to inflate its stock prices. Adani Group refuted the allegations by publishing a 413-page reply and even went to the extent of terming it as attack against India. Hindenburg shot back with a rejoinder. Watch, Mauritius Finance Minister Mahen Kumar Seeruttun speaks to WION more on this.

Mauritius Finance Minister Mahen Kumar Seeruttun speaks to WION

India's market regulator Securities and Exchange Board of India (S.E.B.I) has launched a probe against beleaguered business tycoon Gautam Adani, as per Reuters. The agency is investigating Adani firms' alleged links to companies which bought his shares during the $2.5 billion I.P.O sale.

Gravitas: Adani firms' losses swell to $120 billion

The latest vote of no confidence in Gautam Adani's empire comes from a global index provider, the MSCI. The Financial Index Provider's review of Adani group shares directs market attention to a key allegation by Hindenburg research.

MSCI's Adani review draws attention back to a key Hindenburg allegation

India's Prime Minister Narendra Modi on Wednesday (February 8) replied to the motion of thanks on President Droupadi Murmu's address in the Lok Sabha, the Lower House of Parliament, amid sloganeering by opposition leaders for a discussion over the Adani issue.

In Parliament, India's PM Narendra Modi takes veiled dig at opposition leader Rahul Gandhi

Adani group shares dropped at the start of trading ending a two-day reprieve, after MSCI Inc said it was reviewing the amount of Adani group-linked shares freely tradable in public markets.

India: Adani group stocks slide on MSCI's review

Last week, the Adani Group saw over a $100 Bn wiped out on the markets. Now, however, some group companies are beginning to show a rebound. Vikram Chandra explains why the markets may be gaining some confidence in the Adani Group, even as a political row has erupted.

The India Story | Vikram Chandra explains where the Adani Group stands

Nilesh Shah, one of the respected voices on the Indian stock market, tells Vikram Chandra why the Adani crisis does not seem to have made much of an effect on Indian markets.

The India Story | What is the effect of the Adani row on Indian markets?

The Adani Group, one of India's biggest conglomerates, has been embroiled in a row after a report by Hindenburg Research accused them of malpractice. This week on The India Story, Vikram Chandra explains where the Group companies stand as of now, and what implications this has for India's growth story.

The India Story | Where does the Adani Group stand, and how is it fighting back?

Rahul Gandhi, one of the prominent leaders of Indian National Congress (INC) party in India, alleged that the Union government was favouring the Adani Group. Gandhi also attempted to link the rise in the fortunes of the Indian businessman Gautam Adani to the Modi government coming to power in 2014.

Rahul Gandhi claims Adani gets contracts in each country PM visits, BJP labels allegations ‘baseless’

The crisis facing billionaire Gautam Adani has revealed a potential pitfall in India’s ambitious plan to reduce emissions. With the conglomerate under scrutiny India's plan to get investment to transition towards cleaner energy might take a hit.

Will the Adani crisis impact India's clean energy goals?

Adani Transmission registered a 22 percent growth in revenue for the quarter at Rs 3,552 crore compared to year-ago period, led by new transmission lines becoming operational and a positive trend in energy demand.

India: Positive start for Adani shares

The Adani Group's market rout continued last week with losses now topping a hundred billion dollars since the scathing report by US research firm Hindenburg on January 24.

World Business Watch: Adani faces a stern test as firms set to report earnings

Adani Group is in talks to prepay all loans backed by pledged shares, a spokesperson told Reuters on Monday while denying media reports that said the conglomerate was planning to cut back its capital spending.

Adani Group will pay off debt for pledged shares, denies report on capex cut

The Adani saga that rattled the Indian stock market over allegations of stock manipulation has now pitted two government agencies against each other. According to Economic Times newspaper, the Directorate of Revenue Intelligence (DRI) has challenged the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) in the Supreme Court regarding over-invoicing case against Adani Group’s two companies—Adani Power Maharashtra (APML), and Adani Power Rajasthan (APRL).

Adani row pits two government agencies against each other in Supreme Court

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