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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
Indian conglomerate says company’s grounds for resignation are ‘not convincing’
First major acquisition by Indian tycoon since criticisms in short seller Hindenburg’s January report hit group’s stock market value
Indian billionaire offloads shares in lending business to focus on core enterprises
Indian billionaire outlines ambitious renewable energy project and says group’s balance sheet is ‘healthier than ever’
The businessman faces accusations ranging from fraud to crony capitalism
Country’s imports are picking up after years of stagnation due to the pandemic and war in Ukraine
Interim report from committee convened by Supreme Court says regulator faces a ‘humungous task’
Indian tycoon has invited lenders to visit prized assets and restore confidence following Hindenburg’s report
Two Adani companies announce plans to raise $2.5bn from investors
Move expected to trigger investor sales and hamper fundraising plans
Indian tycoon has been trimming capital expenditure and buying back bonds to shore up confidence
Investors and human rights campaigners had condemned continued investment after brutal military coup
Unit of Indian conglomerate plans to purchase up to $650mn in debt in effort to shore up investor confidence
Plus, ‘unstable’ EU green fund rules, CTA strategies suffer, and ceramics and tapestries at the Tristan Hoare gallery
GQG founder ploughed $1.9bn into Indian billionaire’s companies after short seller attack triggered stock plunge
Almost half conglomerate’s $5.7bn in FDI over 5 years came from opaque overseas entities
Indian group has sought lenders’ approval for disposal as it tries to boost investor confidence after fraud claims
Jay Powell warns Fed is prepared to return to bigger interest rate rises
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