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Adani slips to 4th spot, Louis Vuitton boss is world's second richest: Report

Gautam Adani, who is the richest Asian, saw his wealth drop by $5.7 billion and has a net worth of $134.2 billion ( ₹10.97 lakh crore).

Amazon founder Jeff Bezos. (AP)
Amazon founder Jeff Bezos. (AP)
Updated on Sep 29, 2022 05:02 PM IST

Adani Wilmar share sale is back on track

Adani Wilmar, an equal joint venture between Adani Enterprises Ltd and Wilmar International Ltd and the owner of the Fortune brand of edible oils, filed draft IPO documents for its proposed initial public offering on August 3.

Sebi did not specify the reason for putting the approval process of Adani Wilmar on hold(REUTERS)
Sebi did not specify the reason for putting the approval process of Adani Wilmar on hold(REUTERS)
Published on Sep 29, 2021 07:38 AM IST

Gautam Adani slips to third spot on Asia’s rich list

Shares of Adani group companies have plummeted this week following a sell-off on Monday after reports that accounts of some major foreign investors holding these shares have been frozen.

Gautam Adani now has a net worth of $63.5 billion(HT photo)
Gautam Adani now has a net worth of $63.5 billion(HT photo)
Published on Jun 19, 2021 06:04 AM IST

'Reports of freezing of investor accounts blatantly erroneous': Adani Group

The NSDL froze the accounts of Albula Investment Fund, Cresta Fund and APMS Investment Fund without citing any reasons for the freeze.

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad. (REUTERS)
The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad. (REUTERS)
Published on Jun 14, 2021 05:09 PM IST

Adani Enterprises shares hit new record high

Adani Enterprises Ltd is the flagship company of Adani Group. Over the years, Adani Enterprises has focused on building emerging infrastructure businesses and divesting them into separate listed entities.

File photo of Gautam Adani, Chairman of Adani Group.(Reuters)
File photo of Gautam Adani, Chairman of Adani Group.(Reuters)
Published on Jun 02, 2021 03:38 PM IST

SC to hear Kerala's plea against leasing of Trivandrum airport to Adani

The plea was filed in the Supreme Court after the Kerala high court dismissed the state government's plea over the issue last year. It said that this a dispute between Centre and state and can be decided only by the Supreme Court under Article 131 of the Constitution.

The Trivandrum airport will remain closed due to Cyclone Burevi.(www.trivandrumairport.com/)
The Trivandrum airport will remain closed due to Cyclone Burevi.(www.trivandrumairport.com/)
Published on Mar 08, 2021 09:05 AM IST

Adani Ports to raise $500mn through bonds

The proceeds of the bond sale would be used to finance early redemption of dollar bonds of a similar amount maturing next year.

Proceeds will be used to finance early redemption of dollar bonds maturing next year. (HT)
Proceeds will be used to finance early redemption of dollar bonds maturing next year. (HT)
Published on Jan 27, 2021 05:58 AM IST
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