Abu Dhabi’s IHC says it is investing with confidence and belief, despite Adani Group’s struggles
Adani Group
Adani Group
Adani sell-off hits $51bn as Indian firm crumbles
Gautam Adani has lost tens of billions of dollars in personal wealth since Hindenburg report published
Adani Enterprises
Adani Group tumbles $12.25bn amid Hindenburg report fallout
The report by Hindenburg, a US-based investment research firm with a focus on activist short-selling, claimed that the seven key listed companies of Adani Group are “85%+ overvalued even if you ignore our investigation and take the companies’ financials at face value”.
Adani Enterprises
Adani Group shares tank as Hidenberg Research reveals short positions ahead of $2.45bn mega FPO
Gulf sovereign wealth funds and financial institutions, including its strategic equity partner IHC, are reportedly likely to be the biggest investors in the Adani Enterprise FPO
Adani Group
India’s Gautam Adani plans 5 IPOs by 2028
Gautam Adani, India’s richest man, plans to sell shares to the public in at least five companies between 2026 and 2028
Adani Enterprises
Adani Enterprises files offer letter with Indian stock exchanges for a proposed $2.44bn FPO: Reports
Gulf sovereign wealth funds and financial institutions, including the company’s strategic equity partner International Holding Company (IHC), are reportedly to be the biggest investors in the FPO
Adani Group
Adani Sportsline-owned Gulf Giants launches their jersey for DP World International League T20
The popular short format cricket tournament is set to be held across Dubai, Abu Dhabi and Sharjah from January 13 to 12 February 2023
Adani Group
India will add $1tn a year to GDP says Gautam Adani
India’s large middle class and young population will drive huge growth
Adani Group
Indian billionaire Gautam Adani eyes Dubai office as wealth surges $58bn in 2022
Indian billionaire Gautam Adani is eyeing an office in Dubai to manage his ballooning wealth
Adani Group
India’s Gautam Adani dethrones Jeff Bezos as world’s second-richest person
Adani is the first person from Asia to feature this high in the wealth index, which has always been dominated by US technology entrepreneurs
Adani Group
India’s Gautam Adani becomes first Asian to be world’s third-richest with $137.4 billion
Adani has surpassed other notable Asian business tycoons such as Reliance’s Mukesh Ambani and Alibaba’s Jack Ma Yun, and now trails Tesla’s Elon Must and Amazon’s Jeff Bezos
Adani Group
Adani Sportsline unveils UAE’s ILT20 cricket team as ‘Gulf Giants’
Zimbabwe cricket legend Andy Flower to coach for the inaugural league
Abu Dhabi
Abu Dhabi’s IHC completes $2bn Adani transaction as Asia’s richest billionaire goes on dealmaking spree
After years of focusing on coal and infrastructure-related plays, Gautam Adani is branching out in line with his growing fortune, buying up a range of assets from a premium rice brand and travel portal to a green energy firm
Abu Dhabi
Abu Dhabi’s IHC invests $2 billion as primary capital in Indian conglomerate Adani Group’s green portfolio
IHC will invest $500 million each in AGEL and ATL, as well as an additional $1 billion in AEL, which are market leaders in their sectors and make up the Adani Group’s green portfolio