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adani group

In India, stock market regulator’s alleged links with billionaire group sparks political row

by Walter Watson
In India, stock market regulator’s alleged links with billionaire group sparks political row

Both Buch and the Adanis have denied any wrongdoing. Buch has stated that investments in the fund referenced by the Hindenburg report were made with her husband when the couple …

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India election: Gautam Adani suffers US$25 billion wealth wipeout from Modi letdown

by Walter Watson
India election: Gautam Adani suffers US billion wealth wipeout from Modi letdown

Adani’s wealth wipeout was the fourth-largest one-day decline on record caused by market swings, according to the Bloomberg Billionaires Index. The steep loss, exceeded only by Elon Musk and Mark …

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Adani to battle Reliance, Walmart in India’s e-commerce, payments race, report says

by Edgar Davis
Adani to battle Reliance, Walmart in India’s e-commerce, payments race, report says

India’s Adani Group is in discussions to venture into e-commerce and digital payments, according to a report, as the conglomerate seeks to diversify its portfolio and compete with Mukesh Ambani’s …

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MP industry conclave attracts investment proposals worth Rs 1 lakh crore

by Ron Morgan
MP industry conclave attracts investment proposals worth Rs 1 lakh crore

NEW DELHI: The Regional Industry Conclave held in Ujjain, Madhya Pradesh, on March 1-2 attracted investment proposals of over ?1 lakh crore, with domestic conglomerate Adani, multinational company Pepsi and …

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A China rivalry twist emerges in Sri Lanka’s new US-funded, Indian-built port

by Walter Watson
A China rivalry twist emerges in Sri Lanka’s new US-funded, Indian-built port

Cedomir Nestrovic, a professor of geopolitics at the ESSEC Business School Asia-Pacific in Singapore, said it would be too simplistic to characterise the US-funded project as just another business deal. …

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US invests US$553 million in Gautam Adani’s Sri Lanka port to curb China’s influence

by Walter Watson
US invests US3 million in Gautam Adani’s Sri Lanka port to curb China’s influence

It will bolster Sri Lanka’s economic growth and “its regional economic integration, including with India, a key partner to both countries,” DFC said in a statement. The funding is part …

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COAI Urges Open Bidding, Transparent Auction for 5G Airwaves to Prevent ‘Backdoor Entry’ to Big Tech

by Maya Ortiz
COAI Urges Open Bidding, Transparent Auction for 5G Airwaves to Prevent ‘Backdoor Entry’ to Big Tech

Industry body COAI on Thursday said administrative allocation of spectrum for private 5G networks will be against tenets of level playing field as it lauded use of open bidding and …

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Rahul says ‘Adani soul of Modi’, govt ‘snooping’ on Oppn leaders targeting billionaire

by Vera Ward
Rahul says ‘Adani soul of Modi’, govt ‘snooping’ on Oppn leaders targeting billionaire

New Delhi: Congress leader Rahul Gandhi claimed Tuesday that the central government was hacking the phones of Opposition leaders because they have been vocal about the business practices of billionaire …

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5G Spectrum Auction Undergoes Fifth Round of Bidding, Services to Roll Out in September

by Maya Ortiz
5G Spectrum Auction Undergoes Fifth Round of Bidding, Services to Roll Out in September

After a better-than-expected response from players on the opening day, the 5G spectrum auctions entered the second day on Wednesday, with the fifth round of bidding currently underway. Firms run …

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5G Spectrum Auction Enters Day 3, Received Bids Worth Rs. 1.5 Trillion So Far

by Maya Ortiz
5G Spectrum Auction Enters Day 3, Received Bids Worth Rs. 1.5 Trillion So Far

The auction for the 5G telecom spectrum has garnered bids worth Rs. 1,49,454 crore at the end of the second day and the bids for the much-awaited spectrum sale are …

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