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    Adani Group

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    • Wednesday, 8 November, 2023
      Sri Lanka
      US lends $553mn to majority Adani-owned port in Sri Lanka

      Washington and New Delhi compete with Beijing for influence in region

      A picture of Sri Lanka’s West Container Terminal
    • Thursday, 2 November, 2023
      Adani Enterprises Ltd
      Adani Enterprises’ coal trading margins double

      Gautam Adani’s flagship company records operating profit rise despite collapse in coal trading revenues

      The Adani Group headquarters in Ahmedabad, India
    • Wednesday, 1 November, 2023
      Indian business & finance
      India tightens foreign investor rules after Hindenburg report on Adani

      New regulations aim for greater transparency to curb stock manipulation

      The Indian flag in front of Adani Group headquarters in Ahmedabad
    • Friday, 20 October, 2023
      Adani secures $3.5bn refinancing from global banks

      Transaction shows Indian conglomerate has maintained lenders’ trust despite fraud allegations

      Gautam Adani
    • Wednesday, 18 October, 2023
      Indian opposition calls for Adani Group probe over coal price allegations

      Customs records appear to show conglomerate used offshore intermediaries to inflate import prices

      Rahul Gandhi holds a copy of the Financial Times report into the Adani Group during a media briefing in New Delhi on Wednesday
    • Thursday, 12 October, 2023
      FT Investigations
      The mystery of the Adani coal imports that quietly doubled in value

      Analysis of customs records suggests Indian conglomerate has been inflating fuel costs using offshore middlemen

      Gautam Adani faces the viewer, behind him a large scoop unloading coal at an Adani-owned port in Gujarat, and a chart showing coal import vs export records
    • Thursday, 28 September, 2023
      Abu Dhabi group IHC sells out of two Adani companies

      Decision to exit two of the tycoon’s companies comes after IHC hailed them as a ‘long-term investment in India’

      Dried branches of a tree in front of the Adani headquarters in India
    • Thursday, 28 September, 2023
      Adani switches UK auditor to firm with four partners  

      Indian conglomerate has turned to a little-known London-based firm for its UK subsidiaries

      The Adani Group headquarters in Ahmedabad, India
    • Wednesday, 20 September, 2023
      Total signs first big deal with Adani since short seller attack

      French oil major agrees $300mn wind and solar tie-up with Indian conglomerate’s green energy arm

      Exterior of Total’s headquarters in Paris
    • Monday, 4 September, 2023
      FT News Briefing podcast10 min listen
      Secret paper trail reveals hidden Adani investors

      Global growth is set to slow next year after outperforming economists’ expectations in 2023

    • Friday, 1 September, 2023
      The paper trail revealing hidden Adani investors Premium content

      Plus, the bizarre saga at Sculptor Capital Management and Microsoft’s fresh antitrust pains

      Due Diligence logo
    • Thursday, 31 August, 2023
      Adani shares slide and politicians demand action after reports on hidden investors

      Revelations exposed opaque offshore structures that shielded some of the Indian group’s largest shareholders from public sight

    • Wednesday, 30 August, 2023
      The Big Read
      Secret paper trail reveals hidden Adani investors

      Following claims of share price manipulation, new documents uncover potentially controversial shareholders in one of India’s biggest conglomerates

      A composite image of Vinod and Gautam Adani against a backdrop of Dubai and Bermuda
    • Sunday, 13 August, 2023
      Deloitte resigns from Adani Ports as auditor

      Indian conglomerate says company’s grounds for resignation are ‘not convincing’

      A container terminal at Adani Ports in Gujarat, India
    • Thursday, 3 August, 2023
      Adani’s Ambuja Cements buys Sanghi Industries in $600mn deal

      First major acquisition by Indian tycoon since criticisms in short seller Hindenburg’s January report hit group’s stock market value

      Ambuja Cement bags on a load carrier in Ahmedabad, India
    • Monday, 24 July, 2023
      Bain Capital buys Adani’s stake in shadow bank

      Indian billionaire offloads shares in lending business to focus on core enterprises

      Gautam Adani
    • Tuesday, 18 July, 2023
      Adani pledges to expand empire in defiance of short-seller attack

      Indian billionaire outlines ambitious renewable energy project and says group’s balance sheet is ‘healthier than ever’

      Gautam Adani
    • Monday, 10 July, 2023
      Indian business & finance23 min
      Gautam Adani: the billionaire vs the short seller

      The businessman faces accusations ranging from fraud to crony capitalism

      FT Film: Adani vs the short seller
    • Sunday, 4 June, 2023
      Natural gas
      Adani and Total bet on India’s LNG recovery

      Country’s imports are picking up after years of stagnation due to the pandemic and war in Ukraine

      A picture of Adani gas signs
    • Friday, 19 May, 2023
      Indian market regulator has ‘hit a wall’ in Adani probe

      Interim report from committee convened by Supreme Court says regulator faces a ‘humungous task’

      Gautam Adani: scrutiny of his companies intensified after US short seller Hindenburg Research made accusations of stock price manipulation and fraud
    • Thursday, 18 May, 2023
      Adani seeks to woo bankers with three-day tour after short seller’s attack

      Indian tycoon has invited lenders to visit prized assets and restore confidence following Hindenburg’s report

      Gautam Adani
    • Saturday, 13 May, 2023
      Adani Group seeks to issue shares for first time since short selling attack

      Two Adani companies announce plans to raise $2.5bn from investors

    • Friday, 12 May, 2023
      MSCI drops two Adani Group stocks from India benchmark

      Move expected to trigger investor sales and hamper fundraising plans

      An artist carries a painting of Gautam Adani
    • Thursday, 11 May, 2023
      News in-depth
      Gautam Adani retreats after short-seller attack

      Indian tycoon has been trimming capital expenditure and buying back bonds to shore up confidence

    • Thursday, 4 May, 2023
      Adani Group exits Myanmar with sale of port business

      Investors and human rights campaigners had condemned continued investment after brutal military coup

      A protest in Bangkok
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