Trends - Gautam Adani - Business Recorder

Gautam Adani

India’s Adani Green appoints independent law firms to review US indictment

India’s Adani Green said it has appointed independent law firms to review the US indictment of founder Gautam Adani...

Published 24 Jan, 2025 11:30am

World

Mumbai slum revamp contract: India court dismisses challenge to award to Adani

MUMBAI: An Indian court on Friday dismissed a petition challenging the award of a contract to Adani Group to revamp...

Published 21 Dec, 2024 06:24am

World

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

DHAKA: Bangladesh’s interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar...

Published 19 Dec, 2024 08:39am

World

Adani deal under bribery scrutiny was approved against officials’ advice

NEW DELHI/SINGAPORE: The approach from the Solar Energy Corporation of India (SECI) on Sept. 15, 2021 came out of...

Published 17 Dec, 2024 02:15pm

World

US case against India’s Gautam Adani appears strong but extradition unlikely, experts say

NEW YORK: The US fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help...

Published 16 Dec, 2024 01:32pm

World

Sri Lanka says Adani port project to continue despite US charges

COLOMBO: Indian conglomerate Adani Group’s port project in Sri Lanka will go ahead despite US charges against its...

Published 13 Dec, 2024 01:41pm

World

Adani pulls out of US loan deal for Colombo port

NEW DELHI: India’s Adani Group has withdrawn its request for a US government-backed loan to construct a port in Sri...

Published 11 Dec, 2024 11:55am

World

Narendra Modi’s BJP says US State Department targeting India

NEW DELHI: Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) has accused the State Department and...

Published 06 Dec, 2024 12:32pm

World

Bangladesh halves power buying from India’s Adani amid payment dispute

DHAKA: Bangladesh has halved the power it buys from neighbouring India’s Adani Power, citing lower winter demand,...

Published 02 Dec, 2024 08:05pm

World

Gautam Adani breaks silence on US indictment to say his group is committed to compliance

NEW DELHI: Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S....

Published 30 Nov, 2024 09:24pm

World

Indian banks review Adani exposure in wake of US bribery allegations

MUMBAI: Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight ...

Published 30 Nov, 2024 06:26am

World

Adani wipeout hurts but won’t derail foreign investor faith in India

SINGAPORE: Worries of a wider spillover from bribery charges against the Adani Group will hurt sentiment in India...

Published 28 Nov, 2024 05:04pm

World

India’s parliament suspended temporarily after row over allegations against Adani group

NEW DELHI: Both houses of Indian parliament were suspended temporarily on Thursday within minutes of opening as...

Published 28 Nov, 2024 01:44pm

World

What the Adani allegations highlight about India’s clean energy push

NEW DELHI: Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India’s...

Published 28 Nov, 2024 10:41am

World

India suspends parliament proceedings again in row over US action on Adani

NEW DELHI: India’s lower house of parliament suspended proceedings for a second day on Wednesday after disruptions...

Published 28 Nov, 2024 07:23am

World

Adani Group says it lost nearly $55bn as US charges sparked rout

NEW DELHI: India’s Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout...

Published 27 Nov, 2024 02:05pm

World

Gautam Adani faces charges for securities law violations, Adani Green says

BENGALURU: Indian billionaire Gautam Adani has been charged in the United States for alleged securities law...

Published 27 Nov, 2024 12:32pm

World

Indian parliament suspended again in row over US accusations against Adani

NEW DELHI: India’s lower house of parliament suspended proceedings for a second day on Wednesday after disruption by...

Published 27 Nov, 2024 12:27pm

World

Modi’s party distances itself from India’s Adani amid opposition protests

NEW DELHI: Indian Prime Minister Narendra Modi’s party said it had no reason to defend billionaire Gautam Adani on...

Published 26 Nov, 2024 10:52pm

World

India’s Andhra Pradesh state likely to suspend Adani power deal

NEW DELHI: India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the...

Published 26 Nov, 2024 06:08pm

Business & Finance

Fitch puts some Adani bonds on negative watch after US bribery charges

Ratings agency Fitch has put some Adani Group bonds on watch for a possible downgrade after US authorities indicted...

Published 26 Nov, 2024 11:22am

Business & Finance

TotalEnergies says halting new investment in India’s Adani

PARIS: French energy giant TotalEnergies said Monday it was halting new investment linked to Indian conglomerate...

Published 26 Nov, 2024 07:14am

World

TotalEnergies pauses business with Adani, says it was not aware of US investigation

PARIS: French oil major TotalEnergies SE was not informed of a U.S. investigation into possible bribery and...

Updated 25 Nov, 2024 10:10pm

World

Indian parliament disrupted over Adani bribery allegations, bonds slide to year low

SINGAPORE/NEW DELHI: India’s parliament was suspended on Monday after opposition lawmakers disrupted it demanding a...

Published 25 Nov, 2024 01:52pm

World

Adani presents India with big financing ultimatum

MUMBAI: Gautam Adani has put India on the spot. The country’s government may need to nudge local lenders to support...

Published 25 Nov, 2024 11:57am

Editorials

Western hypocrisy

EDITORIAL: India’s billionaire Gautam Adani and his conglomerate Adani Group were able to recover from the USD 100...

Updated 25 Nov, 2024 08:00am

World

US agency conducting due diligence on Adani’s Sri Lanka project: Bloomberg

A U.S. agency that agreed to lend more than $500 million to a Sri Lanka port development backed by the Adani Group...

Published 24 Nov, 2024 09:12pm

World

US SEC issues summons for India’s Adani, nephew on bribery allegations

The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on...

Updated 24 Nov, 2024 10:03pm

World

Adani CFO defends against US charges, says linked to one business contract

NEW DELHI: A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green...

Published 23 Nov, 2024 10:36am

World

Adani Group could find funding harder after US indictment as banks review credit

Gautam Adani’s conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire...

Published 22 Nov, 2024 09:55pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 29	278.93
USD PKR Interbank Buying / Jan 29	278.73
USD to Japanese Yen / Jan 29	155.27
USD to Swiss Franc / Jan 29	0.90
Pound Sterling to USD / Jan 29	1.25
Euro to USD / Jan 29	1.04

Stock	Volume
S&P 500 / Jan 28	6,067.70
Nasdaq / Jan 28	19,733.59
Dow Jones / Jan 28	44,850.35
India Sensex / Jan 29	76,280.68
Tokyo Nikkei / Jan 29	39,346.10
Hang Seng / Jan 29	20,225.11
FTSE 100 / Jan 29	8,526.69
Germany DAX 30 / Jan 29	21,503.20

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 28	18,485
Gold 10 Grams PKR / Jan 28	247,560.80
Crude Oil USD/Barrel / Jan 29	73.75
Gold Spot USD/Ounce / Jan 29	2,761.08
Cotton US¢/pound / Jan 29	67.12
Petrol/Litre / Jan 30	256.13

Gainers
Losers
Leaders

Stock	Price
Waves Home Appliances / Jan 29 Waves Home Appliances Limited(WAVESAPP)	11.63 ▲ 1.06 (10.03%)
Redco Textile / Jan 29 Redco Textiles Limited(REDCO)	19.97 ▲ 1.82 (10.03%)
Jauharabad Sug / Jan 29 Jauharabad Sugar Mills Limited(JSML)	21.84 ▲ 1.99 (10.03%)
Saritow Spinning / Jan 29 Saritow Spinning Mills Limited(SSML)	14.81 ▲ 1.35 (10.03%)
Leather Up Ltd. / Jan 29 Leather Up Limited(LEUL)	44.41 ▲ 4.04 (10.01%)
Fateh Sports / Jan 29 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10%)
Supernet Ltd. / Jan 29 Supernet Limited (GEM)(GEMSPNL)	19.80 ▲ 1.8 (10%)
Sanghar Sugar / Jan 29 Sanghar Sugar Mills Limited(SANSM)	30.69 ▲ 2.79 (10%)
Shahmurad Sugar / Jan 29 Shahmurad Sugar Mills Limited(SHSML)	398.70 ▲ 36.25 (10%)

Stock	Price
D.S. Ind. Ltd. / Jan 29 D.S. Industries Limited(DSIL)	4.51 ▼ -0.85 (-15.86%)
Tariq Corp.Pref. / Jan 29 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.88 ▼ -1 (-12.69%)
PICIC Ins.Ltd. / Jan 29 PICIC Insurance Limited(PIL)	2.25 ▼ -0.32 (-12.45%)
Punjab Mod / Jan 29 First Punjab Modaraba(FPJM)	2.60 ▼ -0.33 (-11.26%)
National Silk / Jan 29 The National Silk & Rayon Mills Limited(NSRM)	49.29 ▼ -5.48 (-10.01%)
Blessed Tex. / Jan 29 Blessed Textiles Limited(BTL)	306 ▼ -34 (-10%)
Shahtaj Sugar / Jan 29 Shahtaj Sugar Mills Limited(SHJS)	111.67 ▼ -12.41 (-10%)
Crescent Steel / Jan 29 Crescent Steel & Allied Products Limited(CSAP)	112.88 ▼ -12.54 (-10%)
Suhail Jute / Jan 29 Suhail Jute Mills Limited(SUHJ)	82.02 ▼ -8.63 (-9.52%)

Stock	Volume
WorldCall Telecom / Jan 29 Worldcall Telecom Limited(WTL)	67,917,203 ▼ -0.01
Cnergyico PK / Jan 29 Cnergyico PK Limited(CNERGY)	31,182,412 ▲ 0.14
Sui South Gas / Jan 29 Sui Southern Gas Company Limited(SSGC)	29,454,322 ▼ -1.6
K-Electric Ltd. / Jan 29 K-Electric Limited(KEL)	29,207,516 ▲ 0.11
Fauji Foods Ltd / Jan 29 Fauji Foods Limited(FFL)	26,339,311 ▼ -0.04
Citi Pharma Ltd / Jan 29 Citi Pharma Ltd.(CPHL)	26,038,104 ▼ -0.81
Dewan Motors / Jan 29 Dewan Farooque Motors Limited(DFML)	24,645,415 ▲ 3.11
Fauji Cement / Jan 29 Fauji Cement Company Limited(FCCL)	18,743,736 ▼ -0.97
Lotte Chemical / Jan 29 Lotte Chemical Pakistan Limited(LOTCHEM)	14,546,524 ▼ -0.55

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Gautam Adani

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