Shares of India’s Adani Group suffered a sharp sell-off on Friday, wiping out approximately $12.5 billion in market capitalization, after fresh developments in a U.S. fraud case rattled investor confidence. The decline
Shares of India’s Adani Group suffered a sharp sell-off on Friday, wiping out approximately $12.5 billion in market capitalization, after fresh developments in a U.S. fraud case rattled investor confidence. The decline
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by Our Correspondent in Colombo President Anura Kumara Dissanayake has ordered the temporary suspension of Adani Green Energy’s wind power projects in Mannar, citing environmental concerns, local grievances, and the need for
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Adani Green Energy Ltd.’s stock saw a 2% increase on Tuesday, rising above Rs 935 on the National Stock Exchange (NSE), following reports that the company will withdraw from its proposed wind
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India’s Adani Group has firmly rejected reports suggesting the cancellation of its $440 million power purchase agreement with Sri Lanka. A spokesperson for the conglomerate labeled the reports as “false and misleading,”
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The stories of Gautham Adani and Narendra Modi’s nexus have been heard for a long time, and it was also revealed by the opposition leader Rahul Gandhi in a recent rally that
More Adani Group’s extensive energy and infrastructure investments across Asia are now under intense scrutiny following the recent indictment of its billionaire founder, Gautam Adani, in a high-profile bribery and securities fraud case.
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The U.S. International Development Finance Corporation (DFC) has issued a statement addressing concerns raised in a report published yesterday by the Sri Lanka Guardian regarding the Colombo West International Terminal (CWIT) project.
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