Gautam Adani
Use attributes for filter ! | |
Gender | Male |
---|---|
Age | 61 |
Date of birth | June 24,1962 |
Zodiac sign | Cancer |
Born | Ahmedabad |
India | |
Net worth | 9. 3 billion USD (2019) |
Forbes | |
Residence | Ahmedabad |
Gujarat | |
India | |
Spouse | Priti Adani |
Children | Karan Adani |
Jeet Adani | |
Job | Businessperson |
Education | Sheth C N Vidyalaya |
Gujarat University | |
Seth C. N. Vidhyalay | |
Height | 167 (cm) |
Siblings | Vinod Adani |
Mahasukh Adani | |
Rajesh Shantilal Adani | |
Vasant S. Adani | |
Parents | Shantaben Adani |
Shantilal Adani | |
Founded | Adani Power |
Adani Group | |
Adani Enterprises | |
Adani Ports & SEZ | |
Grandchildren | Anuradha Karan Adani |
Full name | Gautam Shantilal Adani |
Nationality | Indian |
Date of Reg. | |
Date of Upd. | |
ID | 528274 |
Gautam Adani Life story
Gautam Shantilal Adani is an Indian billionaire industrialist who is the founder and chairman of Adani Group, a multinational conglomerate involved in port development and operations in India. Adani has been described as being close to the Indian Prime Minister Narendra Modi and his ruling Bharatiya Janata Party.
Adani Group: Can embattled India tycoon recover from $100bn loss?
... The group s founder Gautam Adani has seen billions wiped off his personal wealth and has dropped out of the list of the world s top 20 richest people...
Adani Group says Hindenburg fraud claim 'calculated attack on India'
...By Peter HoskinsBusiness reporterThe company owned by Asia s richest man Gautam Adani has issued a detailed rebuttal of allegations of wrongdoing by short seller Hindenburg Research...
Adani Group says Hindenburg fraud claim 'calculated attack on India'
By Peter HoskinsBusiness reporter
The company owned by Asia's richest man Gautam Adani has issued a detailed rebuttal of allegations of wrongdoing by short seller Hindenburg Research .
, which runs to More Than 400 pages, Adani Group says The Report is a " calculated attack on India".
Later on Sunday, Hindenburg said " Adani failed to specifically answer 62 of our 88 questions" detailed in its report.
Adani Group , an Indian conglomerate, had More Than $50bn ($40. 4bn) wiped off its stock market value last week.
It also said that it had complied with all local laws and had made the necessary regulatory disclosures.
" All transactions entered into by us with entities who qualify as 'related parties' under Indian laws and accounting standards have been duly disclosed by us, " Adani Group said in a 413-page document issued late on Sunday.
It went on to accuse The Hindenburg report of being intended to enable the US-based short seller to book gains, without citing evidence.
" This is rife with conflict of interest and intended only to create a false market in securities to enable Hindenburg, an admitted short seller, to book massive financial gain through wrongful means at the cost of countless investors, " it added.
" Short-selling" is when someone bets against a company's share price in The Expectation that it will Fall .
: " To be clear, we believe India is a vibrant democracy and an emerging superpower with an exciting future. "
" We also believe India's future is being held back by the Adani Group , which has draped itself in The Indian flag while systematically looting The Nation . "
It Comes as Adani Group 's flagship firm, Adani Enterprises, is This Week pushing ahead with a $2. 5bn share sale.
Last week, a report published by Hindenburg questioned the Adani Group 's ownership of companies in offshore tax havens such as Mauritius and The Caribbean .
It also claimed Adani companies had " substantial debt" which put the entire group on a " precarious financial footing".
But on Thursday, Adani Group said it was evaluating " remedial and punitive action" against Hindenburg Research in the US and India.
Adani said it had always been " in compliance with all laws".
Also on Thursday, Hindenburg responded to Adani's comments, saying The Firm had not addressed " a single substantive issue we had raised".
Source of news: bbc.com