Gautam Adani Faces Charges in the US for Alleged Corruption and Investor Fraud

Gautam Adani

Indian billionaire and Adani Group chairman Gautam Adani is facing charges in the United States. The New York federal prosecutors have accused him of bribing company officials and misleading investors to raise funds. Authorities have stated that cases have been registered against Gautam Adani, his relative Sagar Adani, and seven others. Prosecutors allege that Adani … Read more

Adani Overtakes Ambani to Become India’s Richest with ₹11.6 Lakh Crore

Adani Overtakes Ambani

Billionaire Gautam Adani has emerged as the richest person in India, overtaking Mukesh Ambani in the latest 2024 Hurun India Rich List. Adani secured the top position with a wealth of ₹11.6 lakh crore, pushing Ambani to the second spot, whose family’s wealth stands at ₹10.14 lakh crore. Adani’s rise to the top underscores his … Read more

Gautam Adani Surpasses Ambani to Become Asia’s Wealthiest Once Again

Gautam Adani Surpasses Ambani

New Delhi: Gautam Adani, the head of the Adani Group, has once again become the richest person in Asia, surpassing Mukesh Ambani, the chairman of Reliance Industries. This achievement is attributed to a significant surge in the shares of Adani’s companies. According to the Bloomberg Billionaires Index, Adani is now ranked 11th on the global … Read more

Mukesh Ambani re-enters $100 billion club

Mukesh Ambani re-enters $100 billion club

Reliance Industries Chief Mukesh Ambani re-enters $100 billion club. Reliance Industries, headed by Ambani, boasts a market value of ₹18,39,000 crores, making it the most valuable company in India. Mukesh Ambani’s net worth stands at ₹8,73,815 crores. Ambani ranks 11th among the world’s richest individuals. Only 12 individuals globally are part of the $100 billion … Read more

Gautam Adani falls to third place on Asia’s rich list as stocks plummet.

Gautam Adani

Gautam Adani falls to third place on Asia’s rich list as stocks plummet. Mukesh Ambani, the owner of the retail oil conglomerate Reliance Industries Ltd, remains Asia’s richest man, with an estimated net worth of $84 billion. Billionaire Gautam Adani was pulled back to third place among Asia’s wealthiest people just a few weeks after claiming second place, as the Indian millionaire businessman lost $13 billion in four days due to a massive sell-off in shares of Adani group companies. Adani’s net worth is presently $63.5 billion, down from $76.7 billion at the start of this week.