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Indian conglomerate under pressure following fraud allegations from short seller
Lenders’ $500mn cash request prompted early settlement of entire debt and shows credit pressure on Indian group
French group will not sign planned deal until there is ‘clarity’ on allegations facing the Indian conglomerate
Erdoğan declares state of emergency in Turkey after deadly earthquake
Opposition targets country’s ruling Bharatiya Janata party over crisis at conglomerate run by leader’s ally
Measuring the conglomerate’s domestic funding runway
Billionaire owner of group moves to shore up investor confidence after damaging short-seller report
The billionaire industrialist is under scrutiny following fraud allegations from a short seller
Plus, what should Goldman do, US earnings slump and Funny Girl on Broadway
Indian conglomerate’s accounting practices have drawn scrutiny after short-selling report
Market regulator says it will examine ‘any information’ and take ‘appropriate’ action
Allegations of stock manipulation at one of the country’s largest conglomerates present a challenge to its institutions
Adani’s star shows every sign of burning out
French energy company says it carried out due diligence when it invested in Indian group
Plus, Kim Kardashian keeps her private equity targets under wraps and DD digs into bankers’ new secret weapon
Peer quits Elara Capital role following FTAV questions
Elara Capital has drawn scrutiny over short seller allegations about its connection to Indian group
Indian conglomerate says proceeding with cancelled $2.4bn share sale would ‘not be morally correct’
Plus, Unilever shareholders size up its new boss and investors sort through the Britishvolt wreck
Indian group says ‘unprecedented situation’ and market volatility behind its decision
Ambitious Indian group targeted by short seller allegations has doubled borrowing to $30bn in past 4 years
New Delhi must investigate latest affair thoroughly and openly, or investors will draw their own conclusions
Indian billionaire called on some of the country’s top tycoons to help salvage share sale
Plus, how western companies in Myanmar stay out of human rights debates
Plus, wealthy investors prove their loyalty to Adani Group and Darktrace’s past continues to haunt
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