Indian billionaire Gautam Adani saw more than $20bn (£16bn) wiped off his fortune on Friday, after investors fled his companies for a second day prompted by fraud claims made by a US investment firm.

Gautam Adani, Chairman of the Adani Group, has made significant strides in southern part of India. Adani's company, Ambuja Cements, has completed the acquisition of Penna Cement Industries.

Fortune of Asia's richest man hit by fraud claims How Gautam Adani's empire lost $100bn in days Asia's richest man hits back at 'con' claims In its report, Hindenburg - which specialises in "short ...

Inflationary pressure for Adani Wilmar is mostly on edible oil as CEO Angshu Mallick says ‘never seen such higher prices of edible oil in the last five years’. The Fortune oil producer intends ...

Adani Wilmar Limited was founded in 1999 as ... It launched two new TVCs - Fortune Soyabean Oil and Fortune Sunlite Sunflower Oil. It launched edible oil product through its Mundra refinery.

Infibeam Incorporation has announced that it will be developing ‘Fortune Online’, an exclusive B2C ecommerce platform for Gujarat-based corporate giant Adani Wilmar. The initiative will enable ...

Adani Wilmar sells edible oils and other food items under various brands including Fortune. Advt Commenting on the results, Adani Wilmar MD & CEO Angshu Mallick said: "We have delivered another ...

Mukesh Ambani's Fortune Dips Significantly in a Day; Gautam Adani Sees a Rs 2,235 Crore Boost Mukesh Ambani recently experienced a significant drop in his net worth, losing approximately Rs 16,800 ...

Its refined oil sales, under the Fortune Oil brand, was lower by 5.6% as compared to last year. Adani Wilmar had even announced a second reduction in its sticker price in July by up to ₹20 ...

INDIA’S Adani Wilmar reported a profit for the second quarter on ... driven by a rise in demand for soyabean, sunflower and mustard oils. “The stability in edible oil prices augurs well for our ...