Share sale by Adani Energy Solutions is first for Indian conglomerate since fraud allegations in 2023
Plus, western banks’ Chinese expansion plans fall off a cliff and a UK fund’s thorny history in Russia
‘Show cause’ notice reveals short seller worked with US hedge fund Kingdon Capital Management
Billionaire tied his infrastructure empire’s fortunes to the prime minister’s development plans
Group set to leverage new public infrastructure in order to compete with rival Reliance and Big Tech
The UK prime minister takes a risk by announcing summer vote
Indian conglomerate rejects accusations of inflating prices in transactions with state utility
New Delhi-based institute to focus on climate and international politics as other NGOs come under government scrutiny
Investigation has threatened to reignite public relations crisis for Indian conglomerate owned by Gautam Adani
Billionaire tycoon welcomes decision to halt case’s transfer to law enforcement, saying ‘truth has prevailed’
Indian billionaire’s listed businesses have recovered nearly $46bn in market capitalisation
Ejection of opposition MP Mahua Moitra follows ethics probe into what she called trumped-up allegations
Washington and New Delhi compete with Beijing for influence in region
Gautam Adani’s flagship company records operating profit rise despite collapse in coal trading revenues
New regulations aim for greater transparency to curb stock manipulation
Transaction shows Indian conglomerate has maintained lenders’ trust despite fraud allegations
Customs records appear to show conglomerate used offshore intermediaries to inflate import prices
Analysis of customs records suggests Indian conglomerate has been inflating fuel costs using offshore middlemen
Decision to exit two of the tycoon’s companies comes after IHC hailed them as a ‘long-term investment in India’
Indian conglomerate has turned to a little-known London-based firm for its UK subsidiaries
French oil major agrees $300mn wind and solar tie-up with Indian conglomerate’s green energy arm
Global growth is set to slow next year after outperforming economists’ expectations in 2023
Plus, the bizarre saga at Sculptor Capital Management and Microsoft’s fresh antitrust pains
Revelations exposed opaque offshore structures that shielded some of the Indian group’s largest shareholders from public sight
Following claims of share price manipulation, new documents uncover potentially controversial shareholders in one of India’s biggest conglomerates
