NEW YORK: Hindenburg Research will soon release a new report on another target, the US short seller said in a tweet a few hours ago without offering any more details. The firm run by Nate Anderson gained more prominence this year after its scathing report on billionaire Gautam Adani’s group wiped out more than $150 … Read more
MUMBAI: A day after Gautam Adani released Rs 7,374-crore of pledged shares related to four of his companies, the group’s chairman has pledged more shares of two companies – Adani Transmission and Adani Green Energy – to support loans taken by flagship Adani Enterprises. According to regulatory filings, shares representing 0.76% of Adani Transmission and … Read more
NEW DELHI: An Adani Group-led joint venture (JV) on Tuesday took over Israel’s Haifa Port. Last July Adani, in partnership with Israel’s Gadot Group, had secured rights to buy 100% shares of Haifa Port Company Ltd for a concession period up to 2054 with its winning $1.8 billion bid. Located in northern Israel, Haifa is … Read more
NEW DELHI: India will become the world’s second largest economy and a net exporter of green energy by 2050 to lead the global energy transition, Adani group chairman Gautam Adani said on Saturday. “India will start adding a trillion dollars to its GDP every 12 to 18 months – thereby putting us well on track … Read more